Canadian Plan means any plan, program, agreement or arrangement that is a pension plan for the purposes of Applicable Canadian Pension Legislation or under the Income Tax Act (Canada) (whether or not registered under such law) that is maintained or contributed to, or to which there is or may be an obligation to contribute, by Holdings or any of its Subsidiaries in respect of their respective employees in Canada, but does not include the Canada Pension Plan or the Quebec Pension Plan that is mandated by the Government of Canada or the Province of Quebec, respectively.
Canadian Plan means any employee benefit plan which ACC or any Subsidiary thereof maintains or to which it is obligated to contribute and which is subject to any Canadian federal or provincial law relating to employee benefit plans, pension benefits or retirement savings.
Canadian Plan means Devon Canada Corporation Incentive Savings Plan. “DD&A” means depreciation, depletion and amortization expenses. “Devon Plan” means Devon Energy Corporation Incentive Savings Plan. “E&P” means exploration and production activities.
Examples of Canadian Plan in a sentence
No Canadian Plan Termination Event has occurred and the Canadian Borrower is not aware of any fact, event or circumstance that could reasonably be expected to constitute or result in a Canadian Plan Termination Event with respect to any Plan.
The Canadian Borrower shall promptly notify the Lender of the occurrence of any partial wind-ups of any Plans, any unauthorized merger of such Plans, any unauthorized withdrawal of funds from such Plans and any improper contribution holidays taken in respect of such Plans which would or could be reasonably expected to have a Material Adverse Effect, or any Canadian Plan Termination Event,.
For more in depth legal treatment of climate change, see Randy Bauslaugh, Climate Change, Legal Implications for Canadian Plan Fiduciaries and Policy-Makers, a legal opinion prepared for the Canada Climate Law Initiative, and released publicly by the Commonwealth Climate Law Initiative 26 May 2021.
More Definitions of Canadian Plan
Canadian Plan means any pension, retirement, profit sharing, stock option, stock purchase, stock bonus, severance, bonus, incentive, deferred compensation, supplemental unemployment, health, welfare, dental, disability, life insurance or other plan, program or arrangement maintained for any Canadian employee of any Canadian Subsidiary or any Loan Party, including any Canadian Pension Plan.
Canadian Plan means a pension plan established by any Canadian Subsidiary of the Company for any of its employees which is not subject to ERISA.
Canadian Plan means the CCAA plan of compromise or arrangement (including any exhibits, annexes and schedules thereto) for the Canadian Debtors that effectuates the Settlement, consistent with the terms of this Settlement and Support Agreement, as it may be modified or supplemented in accordance with its terms.
Canadian Plan means an employee pension benefit plan or pension plan that is covered by the Laws of any jurisdiction in Canada including the Pension Benefits Act (Ontario) and the Income Tax Act (Canada) or subject to minimum funding standards and that is either (a) maintained or sponsored by any Canadian Loan Party for its employees, (b) maintained pursuant to a collective bargaining agreement, or other arrangement under which more than one employer makes contributions and to which any Canadian Loan Party is making or accruing an obligation to make contributions or has within the preceding five years made or accrued such contributions or (c) any other plan with respect to which any Canadian Loan Party has incurred or may incur liability, including contingent liability either to such plan or to any Person, administration or Governmental Authority.
Canadian Plan means a pension plan provided by TLGI or any Canadian Subsidiary.
Canadian Plan means the Plan of Reorganization and Compromise filed by QWI pursuant to the provisions of the CCAA and the CBCA, a copy of which is set forth on Exhibit I.B.32 hereto, as such plan may be amended, varied or supplemented from time to time in accordance with its terms and the order approving the same.
Canadian Plan means any plan, program, practice, arrangement or policy, whether registered or unregistered, written or unwritten, funded or unfunded, insured or uninsured, that is maintained, administered or contributed to by the Company or any of its Subsidiaries (or under which the Company or any Subsidiary has or may have any obligation) in respect of employees or former employees in Canada (or their spouses, beneficiaries or dependents), and relating to: pensions, supplemental pensions, retirement or retirement savings, profit sharing or deferred profit sharing, deferred or incentive compensation, bonuses, death benefits, life or disability insurance, medical or dental insurance or benefits or other similar employee benefits.