Common use of Plans and Benefit Arrangements Clause in Contracts

Plans and Benefit Arrangements. Each of the Loan Parties shall not engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results in liability under ERISA, except where the liability that could reasonably be expected to result therefrom would not result in a Material Adverse Change.

Appears in 6 contracts

Samples: Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc)

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Plans and Benefit Arrangements. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results would result in liability under ERISA or otherwise violate ERISA, except where the any such transaction, liability that could or violation, alone or in conjunction with any other circumstances or set of circumstances, would not reasonably be expected to result therefrom would not result in a Material Adverse ChangeEffect.

Appears in 5 contracts

Samples: Credit Agreement (Covance Inc), Credit Agreement (Covance Inc), Credit Agreement (Covance Inc)

Plans and Benefit Arrangements. Each None of the Loan Parties shall not engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results circumstances resulting in liability under ERISA or otherwise violate ERISA, except where provided that it shall not be deemed to be a violation of this Section 7.2.11 if any engagement in a Prohibited Transaction would not result in fines or penalties that in the liability that could aggregate would reasonably be expected to result therefrom would not result in a Material Adverse Change.

Appears in 4 contracts

Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)

Plans and Benefit Arrangements. Each of the Loan Parties shall not engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results in liability under ERISA, except where the liability that could reasonably be expected to result therefrom would not result in a Material Adverse Change. 7.2.10.

Appears in 4 contracts

Samples: Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc)

Plans and Benefit Arrangements. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results circumstances resulting in liability under ERISA or otherwise violate ERISA, except where the liability that could reasonably be expected to result therefrom would not result in a Material Adverse Change.:

Appears in 3 contracts

Samples: Credit Agreement (Too, Inc.), Credit Agreement (Ii-Vi Inc), Credit Agreement (Too Inc)

Plans and Benefit Arrangements. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results circumstances resulting in liability under ERISA or otherwise violate ERISA, except where the liability that could reasonably be expected to result therefrom would not result in a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (Federated Investors Inc /Pa/), Credit Agreement (Federated Investors Inc /Pa/), Credit Agreement (Federated Investors Inc /Pa/)

Plans and Benefit Arrangements. Each None of the Loan Parties shall, and shall not permit any of its Subsidiaries to, engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results circumstances resulting in liability under ERISA or otherwise violate ERISA, except where the liability that could reasonably be expected to result therefrom would not result in a Material Adverse Change.:

Appears in 2 contracts

Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)

Plans and Benefit Arrangements. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, at any time, engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results circumstances resulting in liability under ERISA or otherwise violate ERISA, except where the liability that could reasonably be expected to result therefrom would not result in a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Champion Enterprises Inc), Credit Agreement (Champion Enterprises Inc)

Plans and Benefit Arrangements. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results circumstances resulting in liability under ERISA or otherwise violate ERISA, except where the liability that could reasonably be expected to result therefrom would not result in a Material Adverse Change.:

Appears in 2 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

Plans and Benefit Arrangements. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results circumstances resulting in liability under ERISA or otherwise violate ERISA, except where the such liability that or violation could not, alone or in conjunction with any other failure, reasonably be expected to result therefrom would not result in have a Material Adverse ChangeEffect.

Appears in 2 contracts

Samples: Credit Agreement (Brady Corp), Credit Agreement (Brady Corp)

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Plans and Benefit Arrangements. Each of the Loan Parties shall not, and shall not permit any of its Unregulated Subsidiaries to, engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results circumstances resulting in liability under ERISA or otherwise violate ERISA, except where the liability that could reasonably be expected to result therefrom would not result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

Plans and Benefit Arrangements. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results circumstances resulting in liability under ERISA or otherwise violate ERISA, except where the liability that could reasonably be expected to result therefrom would not result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

Plans and Benefit Arrangements. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, circumstances results in material liability under ERISA, except where the liability that could ERISA or which is reasonably be expected likely to result therefrom would not result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Tween Brands, Inc.)

Plans and Benefit Arrangements. Each None of the domestic Loan Parties shall not engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, circumstances results in liability under ERISA, ERISA or otherwise violates ERISA except where the such liability that could reasonably be expected to result therefrom or violation would not result in a Material Adverse Change.

Appears in 1 contract

Samples: Refinancing Credit Agreement (Westinghouse Air Brake Technologies Corp)

Plans and Benefit Arrangements. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in a Prohibited Transaction with any Plan, Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, results would (a) result in liability under ERISA or otherwise violate ERISA, except where the liability that could reasonably be expected to result therefrom would not result in and (b) cause or constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Viasys Healthcare Inc)

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