Prohibited Transactions, etc. There have been no ---------------------------- "prohibited transactions" within the meaning of Section 406 or 407 of ERISA or Section 4975 of the Code for which a statutory or administrative exemption does not exist with respect to any Employee Plan/Agreement, and no event or omission has occurred in connection with which the Company or any of its assets or any Employee Plan/Agreement, directly or indirectly, could be subject to any Liability under ERISA, the Code or any other Law or Order applicable to any Employee Plan/Agreement, or under any agreement, instrument, Law or Order pursuant to which Company is required to indemnify any person against liability incurred under any such Law or Order.
Prohibited Transactions, etc. Notwithstanding any other provision of this Agreement -
(1) Except as authorized by applicable Regulations, no Fiduciary may maintain the indicia of ownership of any assets of the Trust outside the jurisdiction of the district courts of the United States.
(2) A Fiduciary shall not knowingly and willfully cause the Trust to engage in a transaction which violates Section 406 or 407 of ERISA or which is taxable under Section 4975 of the Code.
Prohibited Transactions, etc. There (i) has not occurred any ----------------------------- Prohibited Transaction, with respect to any Benefit Plan, for which no statutory, class or other exemption exists and (ii) has not occurred any fiduciary violations, as defined in Section 404 of ERISA, with respect to which the Company could have any material present or future Liability.
Prohibited Transactions, etc. There have been no "prohibited transactions" within the meaning of Section 406 or 407 of ERISA or Section 4975 of the Code which could have a Material Adverse Effect.
Prohibited Transactions, etc. To the best of each ---------------------------- Shareholder's knowledge, there have not been any "prohibited transactions" within the meaning of Section 406 or 407 of ERISA or Section 4975 of the Code for which a statutory or administrative exemption does not exist with respect to any Employee Plan/Agreement. To the best of each Shareholder's knowledge, no event or omission has occurred in connection with which Company or any of its assets or any Employee Plan/Agreement, directly or indirectly, could be subject to any liability under ERISA, the Code or any other Law or Order applicable to any Employee Plan/Agreement, or any liability under any agreement, instrument, Law or Order pursuant to or under which Company has agreed to indemnify or is required to indemnify any person against liability incurred under any such Law or Order.
Prohibited Transactions, etc. There have been no "prohibited ---------------------------- ---------- transactions" within the meaning of Section 406 or 407 of ERISA or Section ------------ 4975 of the Code for which a statutory or administrative exemption does not exist with respect to any Employee Plan/Agreement, and no event or omission has occurred in connection with which the Seller or any of its assets or any Employee Plan/Agreement, directly or indirectly, could be subject to any liability under ERISA, the Code or any other law, regulation or governmental order applicable to any Employee Plan/Agreement, or under any agreement, instrument, statute, rule of law or regulation pursuant to or under which Seller has agreed to indemnify or is required to indemnify any person against liability incurred under, or for a violation or failure to satisfy the requirements of, any such statute, regulation or order.
Prohibited Transactions, etc. There have been no "prohibited transactions" within the meaning of Section 406 or 407 of ERISA or Section 4975 of the Code for which a statutory or administrative exemption does not exist with respect to any employee benefit plan, and no event or omission has occurred in connection with which Seller or any of its assets or any employee benefit plan, directly or indirectly, could be subject to any liability under ERISA, the Code or any other law, regulation or governmental order applicable to any employee benefit plan, including, without limitation, Section 406, 407, 409, 501, 502, 510, 511, 601, 4062, 4063, 4069, 4071, or 4201 of ERISA, or Section 4971, 4972, 4975, 4976, 4977, 4979 or 4980B of the Code, or under any agreement, instrument, statute, rule of law or regulation pursuant to or under which Seller has agreed to indemnify or is required to indemnify any person against liability incurred under, or for a violation or failure to satisfy the requirements of, any such statute, regulation or order.
Prohibited Transactions, etc. There have been no "prohibited transactions" within the meaning of Section 406 or 407 of ERISA or Section 4975 of the Code for which a statutory or administrative exemption does not exist with respect to any Employee Plan/Agreement, and except as disclosed in Schedule 4.16(f) and (g), no event or omission has occurred in connection with which the Company or any of its assets or any Assumed Employee Plan/Agreement, directly or indirectly, could be subject to any Liability under ERISA, the Code or any other Law or Order applicable to any Assumed Employee Plan/Agreement, or under any agreement, instrument, Law or Order pursuant to which Company is required to indemnify any person against liability incurred under any such Law or Order.
Prohibited Transactions, etc. There have been no "prohibited transactions" within the meaning of Section 406 or 407 of ERISA or Section 4975 of the Code for which a statutory or administrative exemption does not exist with respect to any Employee Plan/Agreement, and in respect of which a Seller would have a material liability.
Prohibited Transactions, etc. No event or omission has occurred in connection with any Employee Plan/Agreement, directly or indirectly, that could subject the Business or the Purchased Assets to any liability under ERISA, the Code or any other Law or Order applicable to any Employee Plan/Agreement, or under any agreement, instrument, statute, Law or Order pursuant to which Institute has agreed to indemnify or is required to indemnify any person against liability incurred under any such Law or Order. The consummation of the transactions contemplated by this Agreement, will not result in any prohibited transaction described in Section 406 of ERISA or Section 4975 of the Code for which an exemption is not available.
