Common use of Plan Terminations Clause in Contracts

Plan Terminations. Promptly and in any event within 15 Business Days after receipt thereof by the Borrower or any of its ERISA Affiliates, the Borrower will furnish to the Administrative Agent copies of each notice from the PBGC stating its intention to terminate any Plan of the Borrower or any of its ERISA Affiliates or to have a trustee appointed to administer any such Plan.

Appears in 1 contract

Samples: Credit Agreement (Imation Corp)

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Plan Terminations. Promptly and in any event within 15 20 Business Days after receipt thereof by the Borrower any Loan Party or any of its ERISA Affiliates, the Borrower will furnish to the Administrative Agent copies of each notice from the PBGC stating its intention to terminate any Plan of the Borrower any Loan Party or any of its ERISA Affiliates or to have a trustee appointed to administer any such PlanPlan in either case pursuant to Section 4042 of ERISA.

Appears in 1 contract

Samples: Credit Agreement (Fitness Holdings Inc)

Plan Terminations. Promptly and in any event within 15 5 Business ----------------- Days after receipt thereof by the Borrower or any of its ERISA Affiliates, the Borrower will furnish to the Administrative Agent copies of each notice from the PBGC stating its intention to terminate any Plan of the Borrower or any of its ERISA Affiliates or to have a trustee appointed to administer any such Plan.

Appears in 1 contract

Samples: Loan Agreement (National Golf Properties Inc)

Plan Terminations. Promptly and in any event within 15 fifteen Business Days after receipt thereof by the any Borrower or any of its ERISA AffiliatesAffiliate, the Borrower will furnish to the Administrative Agent copies of each written notice from the PBGC stating its intention to terminate any Plan of the Borrower or any of its ERISA Affiliates or to have a trustee appointed to administer any such Plan.. ABL CREDIT AGREEMENT

Appears in 1 contract

Samples: Abl Credit Agreement (Navistar International Corp)

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Plan Terminations. Promptly and in any event within 15 ten (10) Business Days after receipt thereof by the Borrower Borrower, any Guarantor or any of its ERISA AffiliatesAffiliate, the Borrower will furnish to the Administrative Agent copies of each notice from the PBGC stating its intention to terminate any Plan of the Borrower or any of its ERISA Affiliates or to have a trustee appointed to administer any such PlanPlan under Section 4042 of ERISA.

Appears in 1 contract

Samples: Loan Agreement (Td Ameritrade Holding Corp)

Plan Terminations. Promptly and in any event within 15 ten (10) Business Days after receipt thereof by the such Borrower or any of its ERISA AffiliatesAffiliate, the Borrower will furnish to the Administrative Agent copies of each notice from the PBGC stating its intention to terminate any Plan of the Borrower or any of its ERISA Affiliates or to have a trustee appointed to administer any such PlanPlan under Section 4042 of ERISA.

Appears in 1 contract

Samples: Credit Agreement (Jones Financial Companies LLLP)

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