Common use of Pension Related Matters Clause in Contracts

Pension Related Matters. If applicable, each employee pension plan (other than a multiemployer plan within the meaning of Section 3(37) of ERISA and to which any Credit Party or any ERISA Affiliate has or had any obligation to contribute (a “Multiemployer Plan”)) maintained by any Credit Party or any of their respective ERISA Affiliates to which Title IV of ERISA applies, if any, and (a) which is maintained for employees of any Credit Party or any of their respective ERISA Affiliates or (b) to which any Credit Party or any of their ERISA Affiliates made, or was required to make, contributions at any time within the preceding five (5) years (a “Plan”), complies, and is administered in accordance, with its terms and all material applicable requirements of ERISA and of the Internal Revenue Code of 1986, as amended, and any successor statute thereto (the “Tax Code”), and with all material applicable rulings and regulations issued under the provisions of ERISA and the Tax Code setting forth those requirements. No “Reportable Event” or “Prohibited Transaction” (as each is defined in ERISA) or withdrawal from a Multiemployer Plan caused by any Credit Party has occurred and no funding deficiency described in Section 302 of ERISA caused by any Credit Party exists with respect to any Plan or Multiemployer Plan which could have a Material Adverse Effect. If and to the extent applicable, the Credit Parties and each ERISA Affiliate have satisfied all of their respective funding standards applicable to such Plans and Multiemployer Plans under Section 302 of ERISA and Section 412 of the Tax Code and the Pension Benefit Guaranty Corporation and any entity succeeding to any or all of its functions under ERISA (“PBGC”) has not instituted any proceedings, and there exists no event or condition caused by any Credit Party which would constitute grounds for the institution of proceedings by PBGC, to terminate any Plan or Multiemployer Plan under Section 4042 of ERISA which could have a Material Adverse Effect.

Pension Related Matters. If applicable, each Each employee pension plan (other than a multiemployer plan within the meaning of Section 3(37) of ERISA and to which any Credit Party the Company or any ERISA Affiliate has or had any obligation to contribute (a “"Multiemployer Plan”")) maintained by any Credit Party the Company or any of their respective its ERISA Affiliates to which Title IV Section 4021(a) of ERISA applies, if any, applies and (a) which is maintained for employees of any Credit Party the Company or any of their respective its ERISA Affiliates or (b) to which any Credit Party the Company or any of their its ERISA Affiliates made, or was required to make, contributions at any time within the preceding five (5) years (a “"Plan”"), compliescomplies in all material respects, and is administered in accordance, with its terms and all material applicable requirements of ERISA and of the Internal Revenue Code of 1986, 1986 as amended, and any successor statute thereto amended (the “"Tax Code”), ") and with all material applicable rulings and regulations issued under the provisions of ERISA and the Tax Code setting forth those requirements. No “"Reportable Event” " or “"Prohibited Transaction” " (as each is defined in ERISA) or withdrawal from a Multiemployer Plan caused by any Credit Party the Company has occurred and no funding deficiency described in Section 302 of ERISA caused by any Credit Party the Company exists with respect to any Plan or Multiemployer Plan which could have a Material Adverse Effect. If and to the extent applicable, the Credit Parties The Company and each ERISA Affiliate have has satisfied all of their respective funding standards applicable to such Plans and Multiemployer Plans under Section 302 of ERISA and Section 412 of the Tax Code and the Pension Benefit Guaranty Corporation and any entity succeeding to any or all of its functions under ERISA (“"PBGC”") has not instituted any proceedings, and there exists no event or condition caused by any Credit Party the Company which would constitute grounds for the institution of proceedings by PBGC, to terminate any Plan or Multiemployer Plan under Section 4042 of ERISA which could have a Material Adverse Effect.material adverse effect on the assets, financial condition, results of operation or business of a Company or any ERISA Affiliate. For purposes of the foregoing:

Pension Related Matters. If applicable, each Each employee pension plan (other than a multiemployer plan within the meaning of Section 3(37) of ERISA and to which any Credit Party the Company or any ERISA Affiliate has or had any obligation to contribute (a “Multiemployer Plan”)) maintained by any Credit Party the Company or any of their respective its ERISA Affiliates to which Title IV Section 4021(a) of ERISA applies, if any, applies and (a) which is maintained for employees of any Credit Party the Company or any of their respective its ERISA Affiliates or (b) to which any Credit Party the Company or any of their its ERISA Affiliates made, or was required to make, contributions at any time within the preceding five (5) years (a “Plan”), compliescomplies in all material respects, and is administered in accordance, with its terms and all material applicable requirements of ERISA and of the Internal Revenue Code of 1986, 1986 as amended, and any successor statute thereto amended (the “Tax Code”), ) and with all material applicable rulings and regulations issued under the provisions of ERISA and the Tax Code setting forth those requirements. No “Reportable Event” or “Prohibited Transaction” (as each is defined in ERISA) or withdrawal from a Multiemployer Plan caused by any Credit Party the Company has occurred and no funding deficiency described in Section 302 of ERISA caused by any Credit Party the Company exists with respect to any Plan or Multiemployer Plan which could have a Material Adverse Effect. If and to the extent applicable, the Credit Parties The Company and each ERISA Affiliate have has satisfied all of their respective funding standards applicable to such Plans and Multiemployer Plans under Section 302 of ERISA and Section 412 of the Tax Code and the Pension Benefit Guaranty Corporation and any entity succeeding to any or all of its functions under ERISA (“PBGC”) has not instituted any proceedings, and there exists no event or condition caused by any Credit Party the Company which would constitute grounds for the institution of proceedings by PBGC, to terminate any Plan or Multiemployer Plan under Section 4042 of ERISA which could have a Material Adverse Effect.material adverse effect on the assets, financial condition, results of operation or business of a Company or any ERISA Affiliate. For purposes of the foregoing: