Termination of Pension Benefit Plan. No Covered Person or ERISA Affiliate of such Covered Person shall terminate or amend any Pension Benefit Plan maintained by such Covered Person or such ERISA Affiliate if such termination or amendment would result in any liability to such Covered Person or such ERISA Affiliate under ERISA or any increase in current liability for the plan year for which such Covered Person or such ERISA Affiliate is required to provide security to such Pension Benefit Plan under the Code, which such liability could reasonably be expected to have a Material Adverse Effect on such Covered Person.
Appears in 8 contracts
Samples: Loan Agreement (Layne Christensen Co), Loan Agreement (Talx Corp), Loan Agreement (Angelica Corp /New/)
Termination of Pension Benefit Plan. No Covered Person or ERISA Affiliate of such Covered Person shall terminate or amend any Pension Benefit Plan maintained by such Covered Person or such ERISA Affiliate if such termination or amendment would result in any liability to such Covered Person or such ERISA Affiliate under ERISA or any increase in current liability for the plan year for which such Covered Person or such ERISA Affiliate is required to provide security to such Pension Benefit Plan under the Code, which such liability could reasonably be expected to have a Material Adverse Effect on such Covered Person.
Appears in 3 contracts
Samples: Credit Facilities Agreement (Pomeroy It Solutions Inc), Credit Facilities Agreement (Gtsi Corp), Credit Facilities Agreement (Pomeroy Computer Resources Inc)
Termination of Pension Benefit Plan. No Covered Person or ERISA Affiliate of such Covered Person shall Shall not terminate or amend any Pension Benefit Plan maintained by such Covered Person or such and each ERISA Affiliate if such termination or amendment would result in any liability to such Covered Person or such ERISA Affiliate under ERISA or any increase in current liability for the plan year for which such Covered Person or such ERISA Affiliate is required to provide security to such Pension Benefit Plan under the Code, which such liability could reasonably be expected to have a Material Adverse Effect on such Covered Person.
Appears in 3 contracts
Samples: Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp)
Termination of Pension Benefit Plan. No Covered Person or ERISA Affiliate of such Covered Person shall terminate or amend any Pension Benefit Plan maintained by such Covered Person or such ERISA Affiliate of such Covered Person if such termination or amendment would result in any liability to such Covered Person or such ERISA Affiliate of such Covered Person under ERISA or any increase in current liability for the plan year for which such Covered Person or such ERISA Affiliate of such Covered Person is required to provide security to such Pension Benefit Plan under the Code, which such liability could reasonably be expected to have a Material Adverse Effect on such Covered Person.
Appears in 2 contracts
Samples: Loan Agreement (Labarge Inc), Loan Agreement (Intrav Inc)
Termination of Pension Benefit Plan. No A Covered Person or ERISA Affiliate of such Covered Person shall not terminate or amend any Pension Benefit Plan maintained by such Covered Person or such ERISA Affiliate if such termination or amendment would result in any liability to of such Covered Person or such ERISA Affiliate under ERISA ERISA, or any increase in current liability for the plan year for which such Covered Person or such ERISA Affiliate is required to provide security to such Pension Benefit Plan under the Code, which such liability could reasonably be expected to have a Material Adverse Effect on in excess of 5% of the Net Worth of such Covered PersonPerson or ERISA Affiliate.
Appears in 1 contract
Samples: Credit Agreement (Osullivan Industries Holdings Inc)
Termination of Pension Benefit Plan. No Covered Person or ERISA Affiliate of such Covered Person shall terminate or amend any Pension Benefit Plan maintained by such Covered Person or such ERISA Affiliate if such termination or amendment would result in any liability to such Covered Person or such ERISA Affiliate under ERISA or any increase in current liability for the plan year for which such Covered Person or such ERISA Affiliate is required to provide security to such Pension Benefit Plan under the Code, which such liability could reasonably be expected to have a Material Adverse Effect on such Covered Person.
Appears in 1 contract
Termination of Pension Benefit Plan. No Covered Person or ERISA Affiliate of such Covered Person shall terminate or amend any Pension Benefit Plan maintained by such Covered Person or such ERISA Affiliate of such Covered Person if such termination or amendment would result in any liability to such Covered Person or such ERISA Affiliate under ERISA or any increase in current liability for the plan year for which of such Covered Person under ERISA which has or such ERISA Affiliate is required to provide security to such Pension Benefit Plan under the Code, which such liability could reasonably be expected likely to have a Material Adverse Effect on such Covered PersonEffect.
Appears in 1 contract
Samples: Loan Agreement (Centene Corp)
Termination of Pension Benefit Plan. No Covered Person or ERISA Affiliate of such Covered Person shall terminate or amend any Pension Benefit Plan maintained by such Covered Person or such ERISA Affiliate of such Covered Person if such termination or amendment would result in any liability to such Covered Person or such ERISA Affiliate of such Covered Person under ERISA which is reasonably likely to have a Material Adverse Effect or any increase in current liability for the plan year for which such Covered Person or such ERISA Affiliate of such Covered Person is required to provide security to such Pension Benefit Plan under the Code, Code which such liability could is reasonably be expected likely to have a Material Adverse Effect on such Covered PersonEffect.
Appears in 1 contract
Termination of Pension Benefit Plan. No Covered Person or ERISA Affiliate of such Covered Person shall terminate or amend any Pension Benefit Plan maintained by such Covered Person or such ERISA Affiliate if such termination or amendment would result in any material liability to such Covered Person or such ERISA Affiliate under ERISA or any material increase in current liability for the plan year for which such Covered Person or such ERISA Affiliate is required to provide security to such Pension Benefit Plan under the Code, which such liability could reasonably be expected to have a Material Adverse Effect on such Covered Person.
Appears in 1 contract
Termination of Pension Benefit Plan. No Covered Person or ERISA Affiliate of such Covered Person shall terminate or amend any Pension Benefit Plan maintained by such Covered Person or such ERISA Affiliate if such termination or amendment would result in any liability to such Covered Person or such ERISA Affiliate under ERISA or any increase in current liability for the plan year for which such Covered Person or such ERISA Affiliate is required to provide security to such Pension Benefit Plan under the CodeCode which, which such liability could in either case, has or is reasonably be expected likely to have a Material Adverse Effect on such Covered PersonEffect.
Appears in 1 contract
Termination of Pension Benefit Plan. No Covered Person or ERISA Affiliate of such Covered Person shall terminate or amend any Pension Benefit Plan maintained by such Covered Person or such ERISA Affiliate if such termination or amendment would result in any liability to such Covered Person or such ERISA Affiliate under ERISA or any increase in current liability for the plan year for which such Covered Person or such ERISA Affiliate is required to provide security to such Pension Benefit Plan under the Code, which Code except to the extent any such liability termination or amendment could not reasonably be expected to have a Material Adverse Effect on such Covered PersonEffect.
Appears in 1 contract
Samples: Credit Facilities Agreement (MTM Technologies, Inc.)
