Occurrence of Certain Reportable Events. If there shall occur, with respect to any pension plan maintained by the Borrower any reportable event (within the meaning of Section 4043(b) of ERISA) which the Bank shall determine constitutes a ground for the termination of any such plan, and if such event continues for thirty (30) days after the Bank gives written notice to the Borrower, provided that termination of such plan or appointment of such trustee would, in the opinion of the Bank, have a materially adverse effect upon the operations, business, property, assets, financial condition or credit of the Borrower, as the case may be.
Occurrence of Certain Reportable Events. If there shall occur, with respect to any pension plan maintained by the Borrower, any reportable event (within the meaning of section 4043(b) of ERISA) which the Lender shall determine in good faith constitutes a ground for the termination by the PBGC of any such plan, and if such event continues for 60 days after the Lender gives written notice to the Borrower, provided that termination of such plan or appointment of such trustee would, in the opinion of the Lender, have a materially adverse effect upon the operations, business, property, assets, financial condition or credit of the Borrower.
Occurrence of Certain Reportable Events. If there shall occur, with respect to any Pension Plan maintained by a Borrower or any ERISA Affiliate, any reportable event (within the meaning of Section 4043(b) of ERISA) which constitutes a ground for the termination of any such plan, and such event continues for thirty (30) days, provided that termination of such plan or appointment of such trustee would have a Material Adverse Effect.
Occurrence of Certain Reportable Events. If there shall occur, with respect to any pension plan maintained by any Obligor, any reportable event (within the meaning of section 4043(b) of ERISA) which the Bank shall determine in good faith constitutes a ground for the termination of any such plan, and if such event continues for 30 days after the Bank gives written notice to the Obligors, provided that termination of such plan or appointment of such trustee would, in the opinion of the Bank, have a materially adverse effect upon the operations, business, property, assets, financial condition or credit of any Obligor.
Occurrence of Certain Reportable Events. If there shall occur, with respect to any pension plan maintained by any Borrower, Guarantor or any of their Subsidiaries any reportable event, within the meaning of Section 4043(b) of ERISA and with respect to which the thirty (30) day notice requirement under 29 C.F.R. ss. 2615 is not waived, which Bank shall determine constitutes a ground for the termination of any such plan, and if such event continues for thirty (30) days after Bank gives written notice to such Borrower, provided that termination of such plan or appointment of such trustee would, in the opinion of Bank, have a materially adverse effect upon the operations, business, property, assets, financial condition or credit of such Borrower, Guarantor or any of their Subsidiaries.
Occurrence of Certain Reportable Events. If there shall occur, with respect to any pension plan maintained by the Borrower or any guarantor any reportable event (within the meaning of Section 4043(b) of ERISA) which the Bank shall determine constitutes a ground for the termination of any such plan, and if such event continues for thirty (30) days after the Bank gives written notice to the Borrower or guarantor, provided that termination of such plan or appointment of such trustee would, in the opinion of the Bank, have a Material Adverse Effect on the Borrower or guarantor.
Occurrence of Certain Reportable Events. 46 9.1.10 Material Adverse Effect ................................................. 46 9.2 Acceleration of Indebtedness; Remedies ........................................... 46 9.3 Interest Rate Increase ........................................................... 47 9.4 Application of Proceeds .......................................................... 47
Occurrence of Certain Reportable Events. If there shall occur, with respect to any Pension Plan maintained by the Borrower or any of its U.S. Subsidiaries any Reportable Event which the Bank shall determine constitutes a ground for the termination of any such plan, and if such event continues for thirty (30) days after the Bank gives written notice to the Borrower, provided that termination of such plan or appointment of such trustee would, in the opinion of the Bank, have a Material Adverse Effect.
Occurrence of Certain Reportable Events. If there shall occur, with respect to any pension plan maintained by Borrower any reportable event (within the meaning of Section 4043(b) of ERISA) which the Bank shall determine constitutes a ground for the termination of such plan, and if such event continues for thirty (30) days after the Bank gives written notice to Borrower.
Occurrence of Certain Reportable Events. It shall be an Event --------------------------------------- of Default if there shall occur, with respect to any pension plan maintained by Borrower, or any of its Subsidiaries any reportable event (within the meaning of Section 4043(b) of ERISA) which Bank shall determine constitutes a ground for the termination of any such plan, and if such event continues for thirty (30) days after Bank gives written notice to Borrower, provided that termination of such plan or appointment of such trustee would, in the opinion of Bank, have a materially adverse effect upon the operations, business, property, assets, financial condition or credit of Borrower, or any of its Subsidiaries, as the case may be.
