REPORTS ON FORMS 10-K, 10-Q AND 8-K (OR THEIR
EQUIVALENTS) WHICH CARLISLE SHALL HAVE FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION;
(H)
IF AND WHEN ANY MEMBER OF THE ERISA GROUP (I) GIVES OR IS REQUIRED
TO GIVE NOTICE TO THE PBGC OF ANY "REPORTABLE EVENT'' (AS DEFINED IN
SECTION 4043 OF ERISA) WITH RESPECT TO ANY PLAN WHICH MIGHT CONSTITUTE GROUNDS
FOR A TERMINATION OF SUCH PLAN UNDER TITLE IV OF ERISA, OR KNOWS
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THAT THE PLAN ADMINISTRATOR OF ANY PLAN HAS GIVEN OR IS REQUIRED TO GIVE NOTICE
OF ANY SUCH REPORTABLE EVENT, A COPY OF THE NOTICE OF SUCH REPORTABLE EVENT
GIVEN OR REQUIRED TO BE GIVEN TO THE PBGC; (II) RECEIVES NOTICE OF COMPLETE OR
PARTIAL WITHDRAWAL LIABILITY UNDER TITLE IV OF ERISA OR NOTICE THAT ANY
MULTIEMPLOYER PLAN IS IN REORGANIZATION, IS INSOLVENT OR HAS BEEN TERMINATED, A
COPY OF SUCH NOTICE; (III) RECEIVES NOTICE FROM THE PBGC UNDER TITLE IV OF ERISA
OF AN INTENT TO TERMINATE, IMPOSE LIABILITY (OTHER THAN FOR PREMIUMS UNDER
SECTION 4007 OF ERISA) IN RESPECT OF, OR APPOINT A TRUSTEE TO ADMINISTER ANY
PLAN, A COPY OF SUCH NOTICE; (IV) APPLIES FOR A WAIVER OF THE MINIMUM FUNDING
STANDARD UNDER SECTION 412 OF THE INTERNAL REVENUE CODE, A COPY OF SUCH
APPLICATION; (V) GIVES NOTICE OF INTENT TO TERMINATE ANY PLAN UNDER
SECTION 4041(C) OF ERISA, A COPY OF SUCH NOTICE AND OTHER INFORMATION FILED WITH
THE PBGC; (VI) GIVES NOTICE OF WITHDRAWAL FROM ANY PLAN PURSUANT TO SECTION 4063
OF ERISA, A COPY OF SUCH NOTICE, OR (VII) FAILS TO MAKE ANY PAYMENT OR
CONTRIBUTION TO ANY PLAN OR MULTIEMPLOYER PLAN OR IN RESPECT OF ANY BENEFIT
ARRANGEMENT OR MAKES ANY AMENDMENT TO ANY PLAN OR BENEFIT ARRANGEMENT WHICH HAS
RESULTED OR COULD RESULT IN THE IMPOSITION OF A LIEN OR THE POSTING OF A BOND OR
OTHER SECURITY, A CERTIFICATE OF THE CHIEF FINANCIAL OFFICER OR THE CHIEF
ACCOUNTING OFFICER OF CARLISLE SETTING FORTH DETAILS AS TO SUCH OCCURRENCE AND
ACTION, IF ANY, WHICH CARLISLE OR APPLICABLE MEMBER OF THE ERISA GROUP IS
REQUIRED OR PROPOSES TO TAKE; AND
(I)
FROM TIME TO TIME SUCH ADDITIONAL INFORMATION REGARDING THE
FINANCIAL POSITION OR BUSINESS OF CARLISLE AND ITS SUBSIDIARIES AS THE
ADMINISTRATIVE AGENT, AT THE REQUEST OF ANY BANK, MAY REASONABLY REQUEST.
SECTION 5.02.
PAYMENT OF OBLIGATIONS.
CARLISLE WILL PAY AND DISCHARGE, AND
WILL CAUSE EACH SUBSIDIARY TO PAY AND DISCHARGE, AT OR BEFORE MATURITY, ALL
THEIR RESPECTIVE MATERIAL OBLIGATIONS AND LIABILITIES (INCLUDING, WITHOUT
LIMITATION, TAX LIABILITIES AND CLAIMS OF MATERIALMEN, WAREHOUSEMEN AND THE LIKE
WHICH IF UNPAID MIGHT BY LAW GIVE RISE TO A LIEN), EXCEPT WHERE THE SAME MAY BE
CONTESTED IN GOOD FAITH BY APPROPRIATE PROCEEDINGS, AND WILL MAINTAIN, AND WILL
CAUSE EACH SUBSIDIARY TO MAINTAIN, IN ACCORDANCE WITH GENERALLY ACCEPTED
ACCOUNTING PRINCIPLES, APPROPRIATE RESERVES FOR THE ACCRUAL OF ANY OF THE SAME.
SECTION 5.03.
MAINTENANCE OF PROPERTY; INSURANCE.
(A) CARLISLE WILL KEEP, AND
WILL CAUSE EACH SUBSIDIARY TO KEEP, ALL PROPERTY USEFUL