Common use of Plan Obligation Clause in Contracts

Plan Obligation. Assume or otherwise become subject to an obligation to contribute to or maintain any Plan or acquire any Person which has at any time had an obligation to contribute to or maintain any Plan.

Appears in 12 contracts

Sources: Term Loan Agreement (Viking Energy Group, Inc.), Term Loan Agreement (Royale Energy Holdings, Inc.), Term Loan Agreement (Royale Energy Holdings, Inc.)