Common use of Termination of Plans Clause in Contracts

Termination of Plans. Promptly and in any event within two Business Days after (i) receipt thereof by the Borrower from the PBGC, or (ii) the Borrower acquires knowledge of any ERISA Affiliate’s receipt thereof from the PBGC, copies of each notice received by the Borrower or any such ERISA Affiliate of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan.

Termination of Plans. Promptly and in any event within two Business Days after (i) receipt thereof by the Borrower from the PBGC, or (ii) the Borrower acquires knowledge of any ERISA Affiliate’s receipt thereof Affiliate from the PBGC, copies of each notice received by the Borrower or any such ERISA Affiliate of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan.;