Common use of Unfunded ERISA Liabilities Clause in Contracts

Unfunded ERISA Liabilities. Any Pension Plan maintained by -------------------------- Company or any of its ERISA Affiliates shall be terminated within the meaning of Title IV of ERISA or a trustee shall be appointed by an appropriate United States district court to administer any Pension Plan, or the PBGC (or any successor thereto) shall institute proceedings to terminate any Pension Plan or to appoint a trustee to administer any Pension Plan, and, in each case, Company's or any such ERISA Affiliate's liability (after giving effect to the tax consequences thereof) as of the date thereof to the PBGC (or any successor thereto) for unfunded guaranteed vested benefits under such Pension Plan or Company's obligations to contribute to any Pension Plan in order to voluntarily terminate such Pension Plan exceed $20,000,000 (or in the case of a termination involving Company or any of its ERISA Affiliates as a "substantial employer" (as defined in Section 4001(a)(2) of ERISA) the withdrawing employer's proportionate share of such liability shall exceed such amount); or

Unfunded ERISA Liabilities. Any Pension Plan maintained by -------------------------- Company LSAI or any of its ERISA Affiliates shall be terminated within the meaning of Title IV of ERISA or a trustee shall be appointed by an appropriate United States district court to administer any Pension Plan, or the PBGC (or any successor thereto) shall institute proceedings to terminate any Pension Plan or to appoint a trustee to administer any Pension Plan, and, in each case, Companyif as of the date thereof LSAI's or any such ERISA Affiliate's liability (after giving effect to the tax consequences thereof) as of the date thereof to the PBGC (or any successor thereto) for unfunded guaranteed vested benefits under such Pension Plan or Company's obligations to contribute to any Pension Plan exceeds the then current value of assets accumulated in order to voluntarily terminate such Pension Plan exceed by more than $20,000,000 (or in the case of a termination involving Company LSAI or any of its ERISA Affiliates as a "substantial employer" (as defined in Section 4001(a)(2) of ERISA) the withdrawing employer's proportionate share of such liability shall exceed such amount); or

Unfunded ERISA Liabilities. Any Pension Plan maintained by -------------------------- Company or any of its ERISA Affiliates shall be terminated within the meaning of Title IV of ERISA or a trustee shall be appointed by an appropriate United States district court to administer any Pension Plan, or the PBGC (or any successor thereto) shall institute proceedings to terminate any Pension Plan or to appoint a trustee to administer any Pension Plan, and, in each case, Company's or any such ERISA Affiliate's liability (after giving effect to the tax consequences thereof) as of the date thereof to the PBGC (or any successor thereto) for unfunded guaranteed vested benefits under such Pension Plan or Company's obligations to contribute to any Pension Plan in order to voluntarily terminate such Pension Plan exceed $20,000,000 (or in the case of a termination involving Company or any of its ERISA Affiliates as a "substantial employer" (as defined in 72 Section 4001(a)(2) of ERISA) the withdrawing employer's proportionate share of such liability shall exceed such amount); or