Common use of Plans and Benefit Arrangements Clause in Contracts

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, Multiple Employer Plan or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances, would reasonably be expected to result in a Material Adverse Change.

Appears in 15 contracts

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

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

Appears in 1 contract

Samples: Credit Agreement (Tween Brands, Inc.)

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