Common use of Tax Qualified Status Clause in Contracts

Tax Qualified Status. Each Benefit Plan intended to be “qualified” within the meaning of Section 401(a) of the Code is so qualified and is the subject of a favorable unrevoked determination, opinion or notification letter issued by the IRS as to its qualified status under the Code, and to the Company’s Knowledge, no circumstances exist or have occurred during the past three (3) years that would reasonably be expected to adversely affect the tax qualified status of any such Benefit Plan or to result in the imposition of any material liability, penalty or Tax under ERISA or the Code.

Tax Qualified Status. Each Benefit Plan intended to be “qualified” within the meaning of Section 401(a) of the Code is so qualified and is the subject of has received a favorable unrevoked determination, determination or opinion letter from the Internal Revenue Service or notification letter is entitled to rely upon a favorable opinion issued by the IRS as to its qualified status under the CodeInternal Revenue Service, and and, to the Company’s Knowledge, no circumstances exist or have occurred during the past three preceding two (32) years that would reasonably be expected to adversely affect the tax Tax qualified status of any such Benefit Plan or to result in the imposition of any material liability, penalty or Tax under ERISA or the CodePlan.

Tax Qualified Status. Each Benefit Plan intended to be “qualified” within the meaning of Section 401(a) of the Code is so qualified and is the subject of a favorable unrevoked determination, opinion or notification letter issued by the IRS as to its qualified status under the Code, and to the Knowledge of the Company’s Knowledge, no circumstances exist or have occurred during the past three (3) years that would reasonably be expected to adversely affect the tax qualified status of any such Benefit Plan or to result in the imposition of any material liability, penalty or Tax under ERISA or the Code.