Termination of Plans. Promptly, and in any event within twenty (20) Banking Days after receipt thereof by a Borrower or any member of the Controlled Group from the PBGC, the Canadian Borrower shall provide to the Agent copies of each notice received by such Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan, in each case, that would have or would reasonably be expected to have a Material Adverse Effect.
Appears in 3 contracts
Samples: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.), Agreement (Baytex Energy Corp.)
Termination of Plans. Promptly, and in any event within twenty (20) 20 Banking Days after receipt thereof by a Borrower or any member of the Controlled Group from the PBGC, the Canadian Borrower shall provide to the Agent copies of each notice received by such Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan, in each case, that would have or would reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.)
