Common use of Waiver of Minimum Funding Standard Clause in Contracts

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount.

Appears in 14 contracts

Samples: Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V), Term Loan Agreement (Chicago Bridge & Iron Co N V)

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Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$1,000,000.

Appears in 9 contracts

Samples: Credit Agreement (Landcare Usa Inc), Credit Agreement (Precept Business Services Inc), Credit Agreement (Metals Usa Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability in excess of the Threshold Amount$1,000,000.

Appears in 6 contracts

Samples: 364 Day Credit Agreement (Wabash National Corp /De), Credit Agreement (FTD Corp), Pledge Agreement (CTS Corp)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability in excess of the Threshold Amount$5,000,000.

Appears in 6 contracts

Samples: Credit Agreement (Schawk Inc), Credit Agreement (Schawk Inc), Credit Agreement (Schawk Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$5,000,000.

Appears in 5 contracts

Samples: Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V), Day Credit Agreement (Chicago Bridge & Iron Co N V)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability in excess of the Threshold Amount$2,000,000.

Appears in 5 contracts

Samples: Credit Agreement (Steiner Leisure LTD), Credit Agreement (Finishmaster Inc), Credit Agreement (Ifr Systems Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any ------------------------------------- Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member of its Subsidiaries to liability individually or in the aggregate in excess of the Threshold Amount.$25,000,000. (M)

Appears in 5 contracts

Samples: 364 Day Credit Agreement (Energizer Holdings Inc), 364 Day Bridge Term Loan Credit Agreement (Energizer Holdings Inc), 364 Day Credit Agreement (Ralston Purina Co)

Waiver of Minimum Funding Standard. If the plan administrator of any Benefit Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability in excess of the Threshold Amount$1,000,000.

Appears in 5 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$25,000,000.

Appears in 5 contracts

Samples: Credit Agreement (Lanier Worldwide Inc), Credit Agreement (Lanier Worldwide Inc), Credit Agreement (American National Can Group Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Administrative Agent or the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$5,000,000.

Appears in 4 contracts

Samples: Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any any’ Controlled Group member to liability in excess of the Threshold Amount$3,000,000.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Quixote Corp), Subsidiary Stock Pledge Agreement (Quixote Corp), Credit Agreement (Quixote Corp)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability which, in the aggregate, is in excess of the Threshold Amount$1,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Marsh Supermarkets Inc), Credit Agreement (Marsh Supermarkets Inc), Credit Agreement (Marsh Supermarkets Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Brightpoint or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$250,000.

Appears in 3 contracts

Samples: Multicurrency Credit Agreement (Brightpoint Inc), Multicurrency Credit Agreement (Brightpoint Inc), Security Agreement (Brightpoint Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member of its Subsidiaries to liability individually or in the aggregate in excess of the Threshold Amount$30,000,000.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Energizer Holdings Inc), Revolving Credit Agreement (Energizer Holdings Inc), Revolving Credit Agreement (Energizer Holdings Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$10,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any the Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$250,000.

Appears in 3 contracts

Samples: Credit Agreement (Lithia Motors Inc), Credit Agreement (Sonic Automotive Inc), Credit Agreement (Lithia Motors Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$20,000,000.

Appears in 3 contracts

Samples: Term Loan Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Chicago Bridge & Iron Co N V)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender reasonably believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$30,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Steelcase Inc), Credit Agreement (Steelcase Inc), Credit Agreement (Steelcase Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d412(c) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member of its Subsidiaries to liability individually or in the aggregate in excess of the Threshold Amount$50,000,000.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Energizer Holdings Inc), Credit Agreement (Energizer Holdings Inc), Revolving Credit Agreement (Energizer Holdings Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Internal Revenue Code for a waiver of the minimum funding standards of Section 412(a) of the Internal Revenue Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either Holdings, the Company or any Controlled Group member ERISA Affiliate to liability in excess of the Threshold Amounta material liability.

Appears in 2 contracts

Samples: Loan Agreement (Muehlstein Holding Corp), Loan Agreement (Muehlstein Holding Corp)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$250,000.00.

Appears in 2 contracts

Samples: Security Agreement (Asbury Automotive Group Inc), Credit Agreement (Asbury Automotive Group Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability liability, individually or in the aggregate, in excess of the Threshold Amount$2,500,000.

Appears in 2 contracts

Samples: Credit Agreement (Gfsi Inc), Credit Agreement (Gfsi Inc)

Waiver of Minimum Funding Standard. If the The plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Administrative Agent or the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$50,000,000.

Appears in 2 contracts

Samples: Year Credit Agreement (Trimble Navigation LTD /Ca/), Assignment Agreement (Trimble Navigation LTD /Ca/)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member Borrower to liability in excess of the Threshold Amount$1,000,000.00.

Appears in 2 contracts

Samples: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Kansas City Power & Light Co)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company a Borrower or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$15,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Catalina Marketing Corp/De), Credit Agreement (Catalina Marketing Corp/De)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability in excess of the Threshold Amount$15,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Woodward Governor Co), Credit Agreement (Woodward Governor Co)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability in excess of the Threshold Amount$2,000,000. Change of Control. A Change of Control shall occur.

Appears in 2 contracts

Samples: Credit Agreement (Steiner Leisure LTD), Credit Agreement (Steiner Leisure LTD)

Waiver of Minimum Funding Standard. If the The plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Administrative Agent or the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$35,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Administrative Agent or the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$20,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d412(c) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member of its Subsidiaries to liability individually or in the aggregate in excess of the Threshold Amount.$50,000,000;

Appears in 2 contracts

Samples: Credit Agreement (EDGEWELL PERSONAL CARE Co), Credit Agreement (EDGEWELL PERSONAL CARE Co)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender Bank believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company cause or any Controlled Group member to liability result in excess of the Threshold Amounta Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Creative Realities, Inc.), Credit Agreement (Janel Corp)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$2,500,000.00.

Appears in 2 contracts

Samples: Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$50,000,000.

Appears in 2 contracts

Samples: Term Loan Agreement (Chicago Bridge & Iron Co N V), Revolving Credit Agreement (Chicago Bridge & Iron Co N V)

Waiver of Minimum Funding Standard. If the plan administrator of ----------------------------------- any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$2,500,000.

Appears in 2 contracts

Samples: Credit Agreement (Agribrands International Inc), Long Term Credit Agreement (Agribrands International Inc)

Waiver of Minimum Funding Standard. If the The plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability in excess of the Threshold Amount$5,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Printpack Inc), Credit Agreement (Printpack Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Internal Revenue Code for a waiver of the minimum funding standards of Section 412(a) of the Internal Revenue Code and any Lender the Administrative Agent believes the substantial business hardship upon which the application for the waiver is based could has or is reasonably be expected likely to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amounthave a Material Adverse Effect.

Appears in 2 contracts

Samples: Insilco Corp/De/, Insilco Corp/De/

Waiver of Minimum Funding Standard. If the plan administrator of ---------------------------------- any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any the Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$250,000.00.

Appears in 1 contract

Samples: Credit Agreement (Firstamerica Automotive Inc /De/)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Holdings or any Controlled Group member to liability in excess of the Threshold Amount$250,000.

Appears in 1 contract

Samples: Credit Agreement (Aas Capital Corp)

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Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member of its Subsidiaries to liability individually or in the aggregate in excess of the Threshold Amount$30,000,000. Change of Control. A Change of Control shall occur. [Reserved.]

Appears in 1 contract

Samples: Term Loan Credit Agreement (Energizer Holdings Inc)

Waiver of Minimum Funding Standard. If the The plan administrator of any Plan applies under Section 412(d) of the Internal Revenue Code for a waiver of the minimum funding standards of Section 412(a) of the Internal Revenue Code and any Lender the Administrative Agent believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected likely to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amounthave a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Hexcel Corp /De/)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender the Agent reasonably believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability in excess of the Threshold Amount$1,000,000.

Appears in 1 contract

Samples: Credit Agreement (Binks Sames Corp)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Internal Revenue Code for a waiver of the minimum funding standards of Section 412(a) of the Internal Revenue Code and any Lender believes the Majority Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either any member of the Company or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold AmountUS$30,000,000.

Appears in 1 contract

Samples: Agreement (Energizer Holdings Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d412(c) of the Code for a waiver of the minimum funding standards of standard” (as defined in Section 412(a) 412 of the Code Code) and any Lender reasonably believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$30,000,000.

Appears in 1 contract

Samples: Credit Agreement (Steelcase Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability in excess of two percent (2%) of the Threshold AmountConsolidated Tangible Net Worth of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Thomas Industries Inc)

Waiver of Minimum Funding Standard. If the The plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender Bank reasonably believes the substantial business hardship upon on which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any member of the Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$5,000,000.

Appears in 1 contract

Samples: Credit Agreement (Semco Energy Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Internal Revenue Code for a waiver of the minimum funding standards of Section 412(a) of the Internal Revenue Code and any Lender believes the Majority Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either any member of the Company or any Controlled Group member to liability individually or in the aggregate in excess of US$30,000,000 or the Threshold Amountequivalent thereof (such aggregate being the aggregate for all members of the Group).

Appears in 1 contract

Samples: Energizer Holdings Inc

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability in excess of the Threshold Amount$4,000,000.

Appears in 1 contract

Samples: Credit Agreement (Steiner Leisure LTD)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d412(c) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Parent or any Controlled Group member of its Subsidiaries to liability individually or in the aggregate in excess of the Threshold Amount.$50,000,000;

Appears in 1 contract

Samples: Credit Agreement (Energizer Holdings Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d412(c) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member of its Subsidiaries to liability individually or in the aggregate in excess of the Threshold Amount.$50,000,000;

Appears in 1 contract

Samples: Credit Agreement (Energizer Holdings Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$2, 500,000.00.

Appears in 1 contract

Samples: Credit Agreement (Sonic Automotive Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount.. 67688554_7

Appears in 1 contract

Samples: Term Loan Agreement (Chicago Bridge & Iron Co N V)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability which individually or in the aggregate could result in liability in excess of the Threshold Amount$4,000,000.

Appears in 1 contract

Samples: Credit Agreement (Haynes International Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$2,500,000.

Appears in 1 contract

Samples: Credit Agreement (Plexus Corp)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the Administrative Agent or the Required Lenders believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$5,000,000. Change of Control. A Change of Control shall occur.

Appears in 1 contract

Samples: Credit Agreement (Trimble Navigation LTD /Ca/)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d412(c) of the Code for a waiver of the minimum funding standards of standard” (as defined in Section 412(a) 412 of the Code Code) and any Lender believes the Required Lenders reasonably believe the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount$50,000,000.

Appears in 1 contract

Samples: Credit Agreement (Steelcase Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$5,000,000.

Appears in 1 contract

Samples: Credit Agreement (Catalina Marketing Corp/De)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$15,000,000.

Appears in 1 contract

Samples: Credit Agreement (Catalina Marketing Corp/De)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Parent or any Controlled Group member to liability in excess of the Threshold Amount$1,000,000.

Appears in 1 contract

Samples: Credit Agreement (Sybron Dental Specialties Inc)

Waiver of Minimum Funding Standard. If the plan administrator of ---------------------------------- any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability in excess of two percent (2%) of the Threshold AmountConsolidated Net Worth of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Roper Industries Inc /De/)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold AmountFifty Million and 00/100 Dollars ($50,000,000).

Appears in 1 contract

Samples: Assignment and Assumption (Chicago Bridge & Iron Co N V)

Waiver of Minimum Funding Standard. If the plan administrator of any ---------------------------------- Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could would reasonably be expected to subject either the Company any Borrower or any Controlled Group member to liability liability, individually or in the aggregate, in excess of the Threshold Amount$500,000.

Appears in 1 contract

Samples: Credit Agreement (Pacer International Inc)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company or any Controlled Group member to liability in excess of the Threshold Amount.. Change of Control. A Change of Control shall occur. 90287928_3

Appears in 1 contract

Samples: Term Loan Agreement (Chicago Bridge & Iron Co N V)

Waiver of Minimum Funding Standard. If the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and any the Lender believes the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either the Company Borrower or any Controlled Group member to liability individually or in the aggregate in excess of the Threshold Amount$250,000.00.

Appears in 1 contract

Samples: Credit Agreement (Sonic Automotive Inc)

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