Common use of ERISA Events and ERISA Reports Clause in Contracts

ERISA Events and ERISA Reports. Promptly and in any event within 15 days after any Loan Party or any ERISA Affiliate knows or has reason to know that any ERISA Event has occurred, a statement of the chief financial officer of the Borrower describing such ERISA Event and the action, if any, that such Loan Party or such ERISA Affiliate has taken and proposes to take with respect thereto.

Appears in 1 contract

Sources: Credit Agreement (Glenoit Asset Corp)

ERISA Events and ERISA Reports. (A) Promptly and in any event within 15 10 days after any Loan Party or any ERISA Affiliate knows or has reason to know that any ERISA Event has occurred, a statement of the chief financial officer of the Borrower describing such ERISA Event and the action, if any, that such Loan Party or such ERISA Affiliate has taken and proposes to take with respect thereto.has

Appears in 1 contract

Sources: Credit Agreement (Telespectrum Worldwide Inc)

ERISA Events and ERISA Reports. Promptly and in any event within ------------------------------ 15 days after any Loan Party or any ERISA Affiliate knows or has reason to know that any ERISA Event has occurred, a statement of the chief financial officer of the Borrower describing such ERISA Event and the action, if any, that such Loan Party or such ERISA Affiliate has taken and proposes to take with respect thereto.

Appears in 1 contract

Sources: Credit Agreement (Glenoit Asset Corp)