Example ContractsClauseserisa noticesVariants
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ERISA. No Borrower shall engage in any transaction which would cause any obligation hereunder or the exercise by the Agent and/or the Lender of any of its rights under the Note, this Agreement or the other Loan Documents to be a non-exempt (under a statutory or administrative class exemption) prohibited transaction under ERISA, assuming that no portion of the Loan was funded with “plan assets” within the meaning of 29 C.F.R. Section 2510.3-101, as modified by [Section 3(42)] of ERISA.

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ERISA. No Borrower#​ shall not engage in any transaction which would cause any obligationobligation, or action taken or to be taken, hereunder or(or the exercise by the Agent and/or the Lender​ of any of its rights under the Note, this Agreement or the other Loan DocumentsDocuments) to be a non-exempt (under a statutory or administrative class exemption) prohibited transaction under ERISA, assuming that no portion of the Loan was funded with “plan assets” within the meaning of 29 C.F.R. Section 2510.3-101, as modified by [Section 3(42)] of ERISA.

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