Common use of Notice of ERISA Events Clause in Contracts

Notice of ERISA Events. The Borrower shall promptly notify (but in no event later than two (2) Business Days after such occurrence) the Administrative Agent and each Lender (i) in the event that a Lien is imposed on any asset of the Borrower with respect to any Pension Plan or Multiemployer Plan or (ii) in the event any ERISA Event occurs that would reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (First Eagle Private Credit Fund), Loan and Servicing Agreement (First Eagle Private Credit Fund)

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Notice of ERISA Events. The Borrower shall promptly notify (but in no event later than two five (25) Business Days after such occurrence) the Administrative Agent and each Lender (i) in the event that a Lien is imposed on any asset of the Borrower with respect to any Pension Plan or Multiemployer Plan or (ii) in the event any ERISA Event occurs occurs, that would reasonably be expected to have a Material Adverse Effectresult in material Tax, material penalty or other material liability of the Borrower.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (Diameter Credit Co), Loan and Servicing Agreement (Diameter Credit Co)

Notice of ERISA Events. The Borrower shall promptly notify (but in no event later than two (2) Business Days after such occurrence) the Administrative Agent and each Lender (i) in the event that a Lien is imposed on any asset of the Borrower with respect to any Pension Plan or Multiemployer Plan or (ii) in the event any ERISA Event occurs that would reasonably be expected to have a Material Adverse Effectoccurs.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Overland Advantage)

Notice of ERISA Events. The Borrower shall promptly notify (but in no event later than two three (23) Business Days after such occurrence) the Administrative Agent and each Lender (i) in the event that a Lien is imposed on any asset of the Borrower with respect to any Pension Plan or Multiemployer Plan or (ii) in the event any ERISA Event occurs that would reasonably be expected to have a Material Adverse Effectoccurs.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Oaktree Strategic Credit Fund)

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Notice of ERISA Events. The Borrower shall promptly notify (but in no event later than two (2) Business Days after such occurrence) the Administrative Agent and each Lender promptly, and in any event within five (5) Business Days following any such event, (i) in the event that a Lien is imposed on any asset of the Borrower with respect to any Pension Plan or Multiemployer Plan or (ii) in the event any ERISA Event occurs that would reasonably be expected to have a Material Adverse Effectresult in material Tax, material penalty or other material liability to the Borrower.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Apollo Debt Solutions BDC)

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