Common use of Pension and Welfare Liabilities Clause in Contracts

Pension and Welfare Liabilities. The Agent shall have received, with counterparts for each of the Lenders (i) the most recent actuarial valuation report, if any, for each Single Employer Plan, if any, and a copy of Schedule B to the Annual Report on Form 5500 of the Internal Revenue Service, if any, for each Single Employer Plan, if any, most recently filed with the Internal Revenue Service, and (ii) a report prepared by the Borrower in form and substance satisfactory to the Agent and each Lender detailing any liabilities of the Borrower and each Subsidiary and Commonly Controlled Entity for post-retirement benefits under Plans which are welfare benefit plans.

Appears in 3 contracts

Samples: Credit Agreement (Ing Us Capital Corp), Credit Agreement (Phonetel Technologies Inc), Credit Agreement (Internationale Nederlanden Capital Corp)

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Pension and Welfare Liabilities. The Agent shall have received, with counterparts for each of the Lenders Lenders, (i) the most recent actuarial valuation report, if any, for each Single Employer Plan, if any, and a copy of Schedule B to the Annual Report on Form 5500 of the Internal Revenue Service, if any, for each Single Employer Plan, if any, most recently filed with the Internal Revenue Service, and (ii) a report prepared by the Borrower in form and substance satisfactory to the Agent and each Lender detailing any liabilities of the Borrower and each Subsidiary and Commonly Controlled Entity for post-post- retirement benefits under Plans which are welfare benefit plans.

Appears in 1 contract

Samples: Credit Agreement (Creative Host Services Inc)

Pension and Welfare Liabilities. The Agent shall have received, with counterparts for each of the Lenders received (i) the most recent actuarial valuation report, if any, report for each Single Employer Plan, if any, and a copy of Schedule B to the Annual Report on Form 5500 of the Internal Revenue Service, if any, Service for each such Single Employer Plan, if any, Plan most recently filed with the Internal Revenue Service, and (ii) a report prepared by the Borrower in form and substance satisfactory to the Agent and each Lender detailing any liabilities of the Borrower and each Subsidiary of its Subsidiaries, and of each Commonly Controlled Entity of the Borrower for post-retirement benefits under Plans which are welfare benefit plans.

Appears in 1 contract

Samples: Credit Agreement (Headway Corporate Resources Inc)

Pension and Welfare Liabilities. The If requested by the Agent, the Agent shall have received, with counterparts for each of the Lenders Lenders, (i) the most recent actuarial valuation report, if any, for each Single Employer Plan, if any, and a copy of Schedule B to the Annual Report on Form 5500 of the Internal Revenue Service, if any, for each Single Employer Plan, if any, most recently filed with the Internal Revenue Service, and (ii) a report prepared by the Borrower Borrowers in form and substance satisfactory to the Agent and each Lender Lenders detailing any liabilities of the Borrower and each Subsidiary and Commonly Controlled Entity for post-retirement benefits under Plans which are welfare benefit plansplans (as defined in Section 3(1) of ERISA).

Appears in 1 contract

Samples: Credit Agreement (National Rv Holdings Inc)

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Pension and Welfare Liabilities. The Agent shall have received, with counterparts for each of the Lenders received (i) the most recent actuarial valuation report, if any, for each Single Employer Plan, if any, and a copy of Schedule B to the Annual Report on Form 5500 of the Internal Revenue Service, if any, for each Single Employer Plan, if any, most recently filed with the Internal Revenue Service, and (ii) a report prepared by the Borrower in form and substance satisfactory to the Agent and each Lender detailing any liabilities of the Borrower and each Subsidiary and Commonly Controlled Entity for post-retirement benefits under Plans which are welfare benefit plans.

Appears in 1 contract

Samples: Credit Agreement (Pico Holdings Inc /New)

Pension and Welfare Liabilities. The Agent shall have received, with counterparts for each of the Lenders received (i) the most recent actuarial valuation report, if any, report for each Single Employer Plan, if any, and a copy of Schedule B to the Annual Report on Form 5500 of the Internal Revenue Service, if any, Service for each such Single Employer Plan, if any, Plan most recently filed with the Internal Revenue Service, and (ii) a report prepared by the Borrower Brunswick in form and substance satisfactory to the Agent and each Lender detailing any liabilities of the Borrower Brunswick and each Subsidiary of its Subsidiaries and of STI and each of its Subsidiaries, and of each Commonly Controlled Entity of Brunswick or STI for post-retirement benefits under Plans which are welfare benefit plans.

Appears in 1 contract

Samples: Credit Agreement (Internationale Nederlanden Capital Corp)

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