Common use of Canadian Pension Plans Clause in Contracts

Canadian Pension Plans. No Loan Party shall establish, contribute to, or assume an obligation to contribute to, any Canadian DB Plan.

Canadian Pension Plans. No Loan Party shall establish, maintain, participate in or contribute to, or assume an obligation to contribute to, any Canadian DB PlanPension Plan which contains a defined benefit provisions (as such term is defined in subsection 147.1(1) of the Income Tax Act (Canada).

Canadian Pension Plans. No Canadian Loan Party shall establishbecome party to, or maintain or contribute to, or assume an obligation to contribute tobecome liable under, any Canadian DB PlanPension Plan which is a defined benefit pension plan, or fail to make all required contributions to any Canadian Pension Plan when due.

Canadian Pension Plans. No Canadian Loan Party shall establish, contribute become party to, or assume an obligation to maintain or contribute to, any Canadian DB PlanPension Plan which is a defined benefit pension plan, or fail to make all required contributions to any Canadian Pension Plan when due.

Canadian Pension Plans. No Loan Party shall establishmaintain, contribute tocontribute, sponsor, administer or assume an obligation to contribute tootherwise become liable in respect of any Canadian Pension Plan, any Canadian DB Benefit Plan or any Canadian Defined Benefit Plan.