Common use of Plan Terminations Clause in Contracts

Plan Terminations. Promptly and in any event within 5 Business Days after receipt thereof by an Obligor, any of its Subsidiaries, or, to the knowledge of such Obligor, any of its other ERISA Affiliates, copies of each notice from the PBGC stating its intention to terminate any Plan of such Obligor or any of its ERISA Affiliates or to have a trustee appointed to administer any such Plan.

Appears in 3 contracts

Samples: Loan and Security Agreement (Guitar Center Inc), Loan and Security Agreement (Guitar Center Inc), Loan and Security Agreement (Guitar Center Inc)

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Plan Terminations. Promptly and in any event within 5 10 Business ----------------- Days after receipt thereof by an Obligor, any Obligor or any of its Subsidiaries, or, to the knowledge of such Obligor, any of its other ERISA Affiliates, such Obligor will furnish to the Administrative Agent copies of each notice from the PBGC stating its intention to terminate any Plan of such any Obligor or any of its ERISA Affiliates or to have a trustee appointed to administer any such Plan.

Appears in 2 contracts

Samples: Credit Agreement (Terra Industries Inc), Credit Agreement (Terra Industries Inc)

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Plan Terminations. Promptly and in any event within 5 10 Business Days after receipt thereof by an Obligor, any Obligor or any of its Subsidiaries, or, to the knowledge of such Obligor, any of its other ERISA Affiliates, such Obligor will furnish to the Administrative Agent copies of each notice from the PBGC stating its intention to terminate any Plan of such any Obligor or any of its ERISA Affiliates or to have a trustee appointed to administer any such Plan.

Appears in 2 contracts

Samples: Credit Agreement (Terra Industries Inc), Credit Agreement (Terra Industries Inc)

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