Common use of Pension Benefits, etc Clause in Contracts

Pension Benefits, etc. if Borrower fails to comply with ERISA, so that grounds exist to permit the appointment of a Trustee under ERISA to administer Borrower's employee plans or to allow the pension benefit guarantee corporation to institute a proceeding to appoint a trustee to administer such plan(s), or to permit the entry of a Lien to secure any deficiency or claim; or

Pension Benefits, etc. if any Borrower fails to comply with ERISA, ERISA so that grounds exist proceedings are commenced to permit the appointment of appoint a Trustee trustee under ERISA to administer such Borrower's employee plans or to allow the pension benefit guarantee corporation to institute a proceeding Pension Benefit Guaranty Corporation institutes proceedings to appoint a trustee to administer such plan(s), or to permit the entry of a Lien is entered to secure any deficiency defi- ciency or claimclaim or a "reportable event" as defined under ERISA occurs; or

Pension Benefits, etc. if The failure by Borrower fails or any of its Subsidiaries to comply with ERISA, so that grounds exist to permit the appointment of a Trustee trustee under ERISA to administer Borrowersuch Person's employee plans or to allow the pension benefit guarantee corporation Pension Benefit Guaranty Corporation to institute a proceeding proceedings to appoint a trustee to administer any such plan(s)plan, or to permit the entry of a Lien lien to secure any deficiency or claim; or.