Canadian Multiemployer Plan definition

Canadian Multiemployer Plan means a “multi-employer pension plan” as defined by Canadian Pension Laws and registered in accordance with Canadian Pension Laws and as to which any Credit Party or any Subsidiary thereof is making, or is accruing an obligation to make, or has accrued an obligation to make contributions within the preceding six (6) years, and shall not include any Multiemployer Plan.
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Canadian Multiemployer Plan means a Canadian Pension Plan that is contributed to by a Canadian Loan Party for its employees or former employees pursuant to a collective agreement or participation agreement but which is not maintained or administered by the Canadian Loan Party.
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Canadian Multiemployer Plan means a “multi-employer pension plan” as defined by Canadian Pension Laws and registered in accordance with Canadian Pension Laws and as to which any Credit Party or any Subsidiary thereof is making, or is accruing an obligation to make, or has accrued an obligation to make contributions within the preceding six (6) years, and shall not include any Multiemployer Plan. 50788495_7
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Examples of Canadian Multiemployer Plan in a sentence

  • As discussed above, Mr. Ellis testified that the process of moving crane mats forward so that GLF’s cranes could progress down each project typically took as many as three or three and one-half hours.

  • None of the Purchased Companies or the Purchased Subsidiary has any Liability with respect to any Employee Benefit Plan maintained outside the United States, including any Canadian Multiemployer Plan, that would not be a Retained Liability.

  • Each Borrower and Subsidiary has made all required contributions to each Canadian Multiemployer Plan in accordance with its terms, any applicable collective bargaining agreement and all requirements of law.

  • None of the Canadian Employee Benefit Plans is a Canadian Multiemployer Plan.


More Definitions of Canadian Multiemployer Plan

Canadian Multiemployer Plan means a “multi-employer plan”, as that term is defined in Regulation 8500(1) of the ITA to which any Loan Party is making or accruing an obligation to make contributions.
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Canadian Multiemployer Plan any Multiemployer Plan that is contributed to by a Group Member in respect of its employees in Canada.
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Canadian Multiemployer Plan any Multiemployer Plan that is contributed to by a Group Member in respect of its employees in Canada. Table of Contents “Canadian Obligations” all unpaid principal of and accrued and unpaid interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether or not a claim for post-filing or post-petition interest is allowed or allowable in such proceeding) on the Canadian Revolving Credit Loans, all Canadian Swingline Loans, all Canadian LC Exposure, all accrued and unpaid fees and all expenses, Reimbursement Obligations, indemnities and all other advances to, debts, liabilities and obligations of any Canadian Loan Party to any Lender, the Administrative Agent, any Issuing Bank or any indemnified party arising under the Loan Documents in respect of any Canadian Revolving Credit Loan, Canadian Swingline Loan, Canadian Letter of Credit, whether direct or indirect (including those acquired by assumption), absolute, contingent, due or to become due, now existing or hereafter arising.
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Related to Canadian Multiemployer Plan

  • Multiemployer Pension Plan means a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which Borrower or any member of the Controlled Group may have any liability.

  • Multiemployer Plan means a multiemployer plan as defined in Section 4001(a)(3) of ERISA.

  • Pension Plan means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by the Borrower or any ERISA Affiliate or to which the Borrower or any ERISA Affiliate contributes or has an obligation to contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years.

  • Company ERISA Affiliate means all employers (whether or not incorporated) that would be treated together with the Company or any of its Subsidiaries as a “single employer” within the meaning of Section 414 of the Code.

  • Parent ERISA Affiliate means any corporation or trade or business (whether or not incorporated) which is (or at any relevant time was) treated with Parent or any of its Subsidiaries as a single employer within the meaning of Section 414 of the Code.

  • Pension Plans The meaning specified in Section 4.1(v).

  • ERISA Affiliate means any trade or business (whether or not incorporated) that, together with the Borrower, is treated as a single employer under Section 414(b) or (c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code.

  • Canadian Pension Plan means any plan, program or arrangement that is a pension plan for the purposes of any applicable pension benefits legislation or any tax laws of Canada or a Province thereof, whether or not registered under any such laws, which is maintained or contributed to by, or to which there is or may be an obligation to contribute by, any Borrower or any Guarantor in respect of any Person’s employment in Canada with such Borrower or such Guarantor.

  • Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).

  • Single Employer Plan any Plan which is covered by Title IV of ERISA, but which is not a Multiemployer Plan.

  • Foreign Plan means any employee benefit plan, program, policy, arrangement or agreement maintained or contributed to by the Borrower or any of its Subsidiaries with respect to employees employed outside the United States.