No Withdrawal Liability Sample Clauses

No Withdrawal Liability. None of the BORROWERS nor any of their ERISA AFFILIATES has incurred or reasonably expects to incur any withdrawal liability under ERISA in connection with any MULTIEMPLOYER PLANS.
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No Withdrawal Liability. Except to the extent set forth on Schedule 4.9, none of the Borrower, any of the Borrower's Subsidiaries or any ERISA Affiliate would have any Withdrawal Liability as a result of a complete withdrawal as of the date hereof from any Multiemployer Plan.
No Withdrawal Liability. Except as set forth on Schedule 4.18.4 attached hereto, neither the BORROWER nor any of its ERISA AFFILIATES has incurred or reasonably expects to incur any withdrawal liability under ERISA in connection with any MULTIEMPLOYER PLANS.
No Withdrawal Liability. The Company has not incurred, nor will it prior to the Closing Date incur, any withdrawal liability, as defined in Title IV of ERISA, to a multiemployer plan. (o)
No Withdrawal Liability. Neither the Companies nor any Controlled Group Member has incurred, nor will they incur prior to the Closing Date, any withdrawal liability, as defined in Title IV of ERISA, to a multi-employer plan;
No Withdrawal Liability. Neither Cartesian nor any Cartesian Affiliate has incurred, nor will it incur prior to the Closing Date, any withdrawal liability, as defined in Title IV of ERISA, to a multiemployer plan;
No Withdrawal Liability. No COMPANY nor any of its ERISA AFFILIATES has incurred or reasonably expects to incur any withdrawal liability under ERISA in connection with any MULTIEMPLOYER PLANS.
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No Withdrawal Liability. Except as set forth on Section 4.20(d) of the CompaniesDisclosure Schedule, neither Company has any obligation to make any contribution to any Multiemployer Plans, and the most recent reports received by any Company from the Multiemployer Plans listed in Section 4.20(d) of the Companies’ Disclosure Schedule do not indicate any withdrawal liability under the terms of such Multiemployer Plan or Plans. No Company nor any ERISA Affiliate has withdrawn from any Multiemployer Plan, except for any withdrawals for which there was no withdrawal liability under the applicable Multiemployer Plan or under Title IV of ERISA.

Related to No Withdrawal Liability

  • Withdrawal Liability Liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA.

  • No Withdrawal No Person shall be entitled to withdraw any part of such Person’s Capital Contribution or Capital Account or to receive any Distribution from the Company, except as expressly provided in this Agreement.

  • Multiemployer Plan The term "MULTIEMPLOYER PLAN" means a "multiemployer plan" as defined in Section 4001(a)(3) of ERISA which is maintained for employees of the BORROWER, or any ERISA AFFILIATE of the BORROWER.

  • Multiemployer Plan Notices Promptly and in any event within five Business Days after receipt thereof by any Loan Party or any ERISA Affiliate from the sponsor of a Multiemployer Plan, copies of each notice concerning (A) the imposition of Withdrawal Liability by any such Multiemployer Plan, (B) the reorganization or termination, within the meaning of Title IV of ERISA, of any such Multiemployer Plan or (C) the amount of liability incurred, or that may be incurred, by such Loan Party or any ERISA Affiliate in connection with any event described in clause (A) or (B).

  • Withdrawal from Agreement A. Any Fund may elect to withdraw from this Agreement effective at the end of any monthly period by giving at least 90 days’ prior written notice to each of the parties to this Agreement. Upon the written demand of all other Funds which are parties to this Agreement a Fund shall withdraw, and in the event of its failure to do so shall be deemed to have withdrawn, from this Agreement; such demand shall specify the date of withdrawal which shall be at the end of any monthly period at least 90 days from the time of service of such demand.

  • Partial Withdrawals At any time any Holder shall be entitled to request a withdrawal of such portion of the Interest held by such Holder as such Holder shall request.

  • Controlled Group All trades or businesses (whether or not incorporated) under common control that, together with the Borrower, are treated as a single employer under Section 414(b) or 414(c) of the Code or Section 4001 of ERISA.

  • Withdrawal of a Member For purposes of this Agreement, a “Withdrawn Member” is a member who is bankrupt, has resigned, or has retired (a “Withdrawal Event”). Upon a Withdrawal Event, the Withdrawn Member or any successor in interest to the Withdrawn Member shall become an Assignee of the Withdrawn Member’s Membership Interest in the Company.

  • ERISA Affiliate Any Person which is treated as a single employer with the Borrower under §414 of the Code.

  • Permissible Withdrawals The Servicer may make withdrawals from each related Custodial P&I Account solely for the following:

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