ERISA Termination Event. A Reportable Event, the filing of a notice of intent to terminate under Section 4041(c) of ERISA or any other event or condition which is reasonably likely to constitute grounds under Section 4042 of ERISA for the termination of, or for the appointment of a trustee to administer, any Plan.
Appears in 2 contracts
Sources: Definitions List (Onyx Acceptance Corp), Credit Agreement (Onyx Acceptance Corp)