Common use of Pension Plans Clause in Contracts

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 4 contracts

Sources: First Lien Exit Credit Agreement (Energy XXI Gulf Coast, Inc.), Revolving Credit Agreement (Royster-Clark Inc), First Lien Credit Agreement (Energy Xxi (Bermuda) LTD)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00050,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien in excess of $50,000,000 under section Section 302(f) of ERISA.

Appears in 4 contracts

Sources: Credit Agreement (Hanesbrands Inc.), Credit Agreement (Hanesbrands Inc.), Credit Agreement (Hanesbrands Inc.)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the any Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the such Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00010,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 4 contracts

Sources: Credit Agreement (Swift Holdings Corp.), Credit Agreement (Swift Holdings Corp.), Credit Agreement (Swift Transportation Co Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the any Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the any Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 4 contracts

Sources: Credit Agreement (Dollar Thrifty Automotive Group Inc), Credit Agreement (Dollar Thrifty Automotive Group Inc), Credit Agreement (Dollar Thrifty Automotive Group Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0003,500,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 3 contracts

Sources: Credit Agreement (Markwest Hydrocarbon Inc), Credit Agreement (Markwest Hydrocarbon Inc), Credit Agreement (Markwest Hydrocarbon Inc)

Pension Plans. Any of the following events shall occur with ------------- respect to any Pension Plan: (a) the institution of any steps by the Borrower, any Subsidiary, any member of its the Controlled Group of any of them or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Planobligation, in excess of $1,000,00025,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 3 contracts

Sources: Senior Revolving Loan Agreement (Consol Energy Inc), Senior Revolving Loan Agreement (Consol Energy Inc), Senior Revolving Loan Agreement (Consol Energy Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0002,500,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 3 contracts

Sources: First Lien Credit Agreement (Energy Xxi (Bermuda) LTD), First Lien Credit Agreement (Energy Xxi (Bermuda) LTD), First Lien Credit Agreement (Energy XXI Texas, LP)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the institution of any steps by the Borrower, any member of its Controlled Group Group, if any, or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000250,000; or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 3 contracts

Sources: Senior Secured Credit Agreement (Surebeam Corp), Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Surebeam Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0001,150,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Second Lien Credit Agreement (Energy Xxi (Bermuda) LTD), Second Lien Credit Agreement (Energy Xxi (Bermuda) LTD)

Pension Plans. Any of the following events shall occur with ------------- respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000250,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Aristotle Corp), Credit Agreement (Aristotle Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the institution of any steps by the Borrower, any Subsidiary, any member of its the Controlled Group of any of them or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Planobligation, in excess of $1,000,00025,000,000; or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 2 contracts

Sources: 364 Day Credit Agreement (Consol Energy Inc), Credit Agreement (Consol Energy Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the BorrowerParent, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower Parent or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, which would or could be reasonably expected to result in excess of $1,000,000a Materially Adverse Effect; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Bergen Brunswig Corp), Credit Agreement (Bergen Brunswig Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: : (a) the institution of any steps by the BorrowerCompany, any member of its Controlled Group ERISA Affiliate or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower Company or any such member ERISA Affiliate could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Andrew Corp), Credit Agreement (Andrew Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the any Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Resource America Inc), Credit Agreement (LEAF Equipment Leasing Income Fund III, L.P.)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000500,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 2 contracts

Sources: Quarterly Report, Credit Agreement (Price/Costco Inc)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Primestar Inc), Credit Agreement (Tci Satellite Entertainment Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, Borrower or any member of its Controlled Group Group, any other Obligor, or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000250,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien on property of its Controlled Group under section Section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit and Guaranty Agreement (Key Components Finance Corp), Credit and Guaranty Agreement (Key Components LLC)

Pension Plans. Any of the following events shall occur with ------------- respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00025,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 2 contracts

Sources: Senior Revolving Loan Agreement (Consol Energy Inc), Senior Revolving Loan Agreement (Consol Energy Inc)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000500,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Ameritel Pay Phones Inc), Credit Agreement (One Source Telecommunications Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the any Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the such Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Sabre Industries, Inc.), Credit Agreement (Sabre Industries, Inc.)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00015,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Adt Limited), Credit Agreement (Adt Limited)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000500,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Metrocall Inc), Credit Agreement (Metrocall Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00020,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Edison Mission Energy), Credit Agreement (Edison Mission Energy)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the BorrowerCompany, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower Company or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00010,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien lien in excess of $ 10,000,000 under section Section 302(f) of ERISA.

Appears in 2 contracts

Sources: Revolving Loan and Credit Agreement (Chicago Title Corp), Revolving Loan and Credit Agreement (Chicago Title Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00050,000,000 in the aggregate for all Pension Plans; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Ust Inc), Bridge Credit Agreement (Ust Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0002,500,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Stericycle Inc), Credit Agreement (Hecla Mining Co/De/)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Vintage Petroleum Inc), Credit Agreement (Vintage Petroleum Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Titan Corp)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0005,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 2 contracts

Sources: Credit Agreement (Whittaker Corp), Credit Agreement (Oregon Steel Mills Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0005,000,000; or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 2 contracts

Sources: Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Titan Corp)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan: Plan (a) a the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000500,000; or (b) b a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Buy Com Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00015,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Pogo Producing Co)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could would reasonably expect to be required to make a contribution to such Pension Plan, or could would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; oror -104- 112 (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Prosource Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: : (a) the institution of any steps by the BorrowerCompany, any member of its Controlled Group ERISA Affiliate or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower Company or any such member ERISA Affiliate could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0003,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Andrew Corp)

Pension Plans. Any of the following events ------------- shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could reasonably be expected to be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000250,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Manor Investment Co Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the institution of any steps by the Borrowerany Obligor, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Parametric Sound Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0002,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Thorn Apple Valley Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the any Borrower, any member of its their respective Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the such Borrower or any such member could be required to make a contribution to such Pension Plan, or could would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0005,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Revolving Credit Agreement (Sun International Hotels LTD)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Parent or the Borrower, any member of its their respective Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Parent, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00010,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Champion Enterprises Inc)

Pension Plans. Any of the following events shall occur with ------------- respect to any Pension Plan:. (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of the aggregate amount of $1,000,000; 5,000,000 or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: 364 Day Revolving Credit Agreement (Spiegel Inc)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan: (a) the institution of any steps by the either Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the either Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00020,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Ambac Financial Group Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of equal to or greater than $1,000,00010,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Dynamic Offshore Resources, Inc.)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower▇▇▇▇-▇▇▇▇▇, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower ▇▇▇▇-▇▇▇▇▇ or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0005,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Winn Dixie Stores Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0002,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Markwest Hydrocarbon Inc)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan:. (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of the aggregate amount of $1,000,000; 5,000,000 or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Revolving Credit Agreement (Spiegel Inc)

Pension Plans. Any of the following events shall occur with ------------- respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00020,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Edison Mission Energy)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00010,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Northern Border Partners Lp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000100,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Subordinated Credit Agreement (Zimmerman Sign Co)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0005,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (W-H Energy Services Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0005,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (True Temper Sports Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the any Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the such Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension pension Plan, having a present value in excess of $1,000,000500,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Bairnco Corp /De/)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the any Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the any Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Adelphia Communications Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: : (a) the institution of any steps by the Borrowerany Obligor, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower any Obligor or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0005,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: First Lien Credit Agreement (Milagro Oil & Gas, Inc.)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by Aegis, the Borrower, any member of its their respective Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, Aegis, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000500,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Aegis Communications Group Inc)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could reasonably would be expected to be required to make a contribution to such Pension Plan, or could would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000200,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Novamed Eyecare Inc)

Pension Plans. Any Either of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000500,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Secured Term Loan Agreement (Plains Resources Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: : (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Vintage Petroleum Inc)

Pension Plans. Any of the following ------------- events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00020,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Edison Mission Energy)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00050,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: First Lien Credit Agreement (Hanesbrands Inc.)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member Restricted Subsidiary could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0003,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Tele Communications International Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000100,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: First Lien Credit Agreement (Radiant Oil & Gas Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the BorrowerHoldings, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower Holdings or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0005,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Railamerica Inc /De)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Stillwater Mining Co /De/)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the a Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the such Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0002,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Penford Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: : (a) the institution of any steps by the BorrowerCompany, any member of its Controlled Group ERISA Affiliate or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower Company or any such member ERISA Affiliate could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0006,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Andrew Corp)

Pension Plans. Any of the following events shall occur with ------------- respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Vintage Petroleum Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: : (a) the institution of any steps by the Borrowerany Obligor, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the any Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000350,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Copano Energy, L.L.C.)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00025,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien securing an amount in excess of $1,000,000 under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Noble Affiliates Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the institution of any steps by the any Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the any Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Resource America Inc)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan: Plan (ai) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could reasonably be expected to be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or , or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Roberts Pharmaceutical Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (ai) the institution of any steps by the such Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the such Borrower or any such member could reasonably be expected to be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or 5,000,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Triarc Companies Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension PlanPlan or any other Person, in each case, in excess of $1,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Marvel Enterprises Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: : (ai) the institution of any steps by the any Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the such Borrower or any such member could reasonably be expected to be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or 7,500,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Triarc Companies Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension PlanPlan in excess of $100,000, or could reasonably expect to incur a liability or obligation to such Pension Plan, Plan in excess of $1,000,000100,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Bargo Energy Co)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could reasonably would be expected to be required to make a contribution to such Pension Plan, or could would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Novamed Eyecare Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00050,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Corzon Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00025,000,000 in the aggregate for all Pension Plans; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Ust Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00025,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Pogo Producing Co)

Pension Plans. Any of the following events shall ------------- occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Vintage Petroleum Inc)

Pension Plans. Any of the following ------------- events shall occur with respect to any Pension Plan: Plan (ai) the institution of any steps by the such Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the such Borrower or any such member could reasonably be expected to be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000; or 5,000,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Triarc Companies Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,0003,500,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (W-H Energy Services Inc)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,00020,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (Edison Mission Energy)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member could be required to make a contribution to such Pension Plan, or could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $1,000,000500,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a Lien under section Section 302(f) of ERISA.

Appears in 1 contract

Sources: Credit Agreement (National Energy Group Inc)