Examples of Foreign Company Plan in a sentence
Section 3.10 of the Company Disclosure Schedule identifies any Company Plan that is not subject to the Laws of the United States (each, a “Foreign Company Plan”), and no such Foreign Company Plan is a defined benefit pension plan.
This behavior is largely due to the low gas viscosity and modest hydrodynamic film pressures that result from the operating conditions.
Section 4.17(b) of the Company Disclosure Letter lists each Foreign Company Plan that is a defined benefit pension plan.
No Foreign Company Plan has any unfunded liabilities, determined in accordance with United States generally accepted accounting principles, that have not been fully accrued on Borrower’s financial statements or that will not be fully offset by insurance.
Except as required by Law, no condition or term under any relevant material Foreign Company Plan exists which would prevent Parent from terminating or amending any material Foreign Company Plan at any time for any reason without material liability to Parent.