Common use of Canadian Defined Benefit Pension Plan Clause in Contracts

Canadian Defined Benefit Pension Plan. Each Loan Party will not, and will not permit any of its Restricted Subsidiaries to, establish, maintain, sponsor, contribute to or otherwise incur or assume liability or obligations in respect of a Canadian Defined Benefit Pension Plan or amalgamate with a Person that maintains, sponsors or otherwise has liability for any Canadian Defined Benefit Pension Plan during the term of this Agreement.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Delek US Holdings, Inc.), Term Loan Credit Agreement (Delek US Holdings, Inc.)

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Canadian Defined Benefit Pension Plan. Each None of the Loan Party will not, and will not permit any of its Restricted Subsidiaries to, establish, Parties shall maintain, sponsoradminister, contribute to or otherwise incur or assume have any liability or obligations in respect of a any Canadian Defined Benefit Pension Plan Plan, other than the Canadian Pension Plans, or amalgamate with a acquire an interest in any Person that if such Person sponsors, maintains, sponsors administers or otherwise contributes to, or has any liability for in respect of, any Canadian Defined Benefit Pension Plan during the term of this Agreementwhose unfunded pension liabilities or solvency deficiencies are in an amount that would result in an Overadvance if an Availability Reserve were instituted therefor.

Appears in 2 contracts

Samples: Credit Agreement (Brown Shoe Co Inc), Credit Agreement (Caleres Inc)

Canadian Defined Benefit Pension Plan. Each Loan No Credit Party will notshall maintain, and will not permit any of its Restricted Subsidiaries contribute to, establish, maintain, sponsor, contribute to or otherwise incur or assume any liability or obligations contingent liability in respect of a Canadian Defined Benefit Pension Plan or amalgamate with a Person that maintains, sponsors or otherwise has liability for any Canadian Defined Benefit Pension Plan during the term of this AgreementPlan.

Appears in 2 contracts

Samples: Credit Agreement (EnerSys), Credit Agreement (EnerSys)

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Canadian Defined Benefit Pension Plan. Each Loan No Credit Party will notshall maintain, and will not permit any of its Restricted Subsidiaries contribute to, establish, maintain, sponsor, contribute to or otherwise incur or assume any liability or obligations contingent liability in respect of a Canadian Defined Benefit Pension Plan or amalgamate with a Person that maintains, sponsors or otherwise has liability for any Canadian Defined Benefit Pension Plan during the term of this Agreement.Plan. CHAR1\0000000x0

Appears in 1 contract

Samples: Credit Agreement (EnerSys)

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