Wabush Pension Plans definition

Wabush Pension Plans means, collectively, the Salaried Pension Plan and the Hourly Pension Plan;
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Wabush Pension Plans means, collectively, the Salaried Pension Plan and the UnionPension Plan;
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Wabush Pension Plans means, collectively, the Salaried Pension Plan and the Union Pension Plan; 2018 QCCS 1657 (CanLII)
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Examples of Wabush Pension Plans in a sentence

  • The Parent, individually, or in connection with the other Non-Filed Affiliates, shall make (or cause to be made) an aggregate Cdn.$19 million cash contribution, to be allocated Cdn.$9.5 million to the Arnaud Pension Cash Pool and Cdn.$9.5 million to the Wabush Pension Cash Pool (the “ Non-Filed Affiliate Cash Contribution”) for distribution to the Wabush Pension Plans in accordance with Section 7.1(i).

  • If the final amount in the applicable Unsecured Creditor Cash Pool is an amount for which the Monitor determines the cost of such distribution relative to the amount to be distributed is not justified, no Plan Distribution of such final amount shall occur and instead such amount shall be paid to the Wabush Pension Plans.

  • The Parent, individually, or in connection with the other Non-Filed Affiliates, shall make (or cause to be made) an aggregate Cdn.$19 million cash contribution, to be allocated Cdn.$9.5 million to the Arnaud Pension Cash Pool and Cdn.$9.5million to the Wabush Pension Cash Pool (the “ Non-Filed Affiliate Cash Contribution”) for distribution to the Wabush Pension Plans in accordance with Section 7.1(i).

  • Therefore, neither the beneficiaries of the CCAA Charges, nor any beneficiary of a statutory deemed trust in respect of the Wabush Pension Plans, would be prejudiced by the approval of the 830E Transaction.

  • If the final amount in the applicable Unsecured Creditor Cash Pool is an amount for which the Monitor determines the cost of such distribution relative to the amount to be distributed is not justified, no Plan Distribution of such final amount shall occur and instead such amount shall be paid to the Pension Plan Administrator for distribution in accordance with the Wabush Pension Plans.

  • Other than the beneficiaries of the CCAA Charges and potential statutory deemed trust claims in respect of the Wabush Pension Plans, the Monitor is not aware of any other claims against the Wabush 830E Purchased Assets that would rank in priority to the CMC Security if such security is valid and enforceable, and the Monitor is also not aware of any other secured claims against the Wabush 830E Purchased Assets that may be subordinate to the CMC Security if such security is valid and enforceable.

  • While the proposed development of 3-storey houses is considered not incompatible with the adjacent low-rise developments, the proposed development on existing densely vegetated slope with native woodland will induce significant impact on the existing landscape resources within the Site and in the surrounding areas which are of high quality.

  • As noted earlier in this Report, the relevant regulators have now appointed Morneau Shepell as independent administrator of the Wabush Pension Plans.

  • The USW Emoluments Motion seeks payments to the six bargaining unit employees that were working at the Pointe-Noire facility prior to the completion of the Pointe-Noire Transaction in lieu of normal cost pension contributions that would have been part of their compensation package but could not be made following the termination of the Wabush Pension Plans.

  • Other than the beneficiaries of the CCAA Charges, and potential statutory deemed trust claims in respect of the Wabush Pension Plans, the Monitor is not aware of any other claims which would rank in priority to the CMC Security if such security is valid and enforceable, and the Monitor is also not aware of any other secured claims against the Wabush Scully Mine Equipment that may be subordinate to the CMC Security if such security is valid and enforceable.

Related to Wabush Pension Plans

  • Company Pension Plan means each: (a) Company Employee Plan that is an “employee pension benefit plan,” within the meaning of Section 3(2) of ERISA; or (b) other occupational pension plan, including any final salary or money purchase plan.

  • Canadian Pension Plans means each pension plan required to be registered under Canadian federal or provincial law that is maintained or contributed to by a Loan Party or any Subsidiary of any Loan Party for its employees or former employees, but does not include the Canada Pension Plan or the Quebec Pension Plan as maintained by the Government of Canada or the Province of Quebec, respectively.

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Canadian Pension Plan means any Canadian Employee Benefit Plan, other than a Canadian Multiemployer Plan, which is registered in accordance with the ITA or other Applicable Law and which (a) is maintained for the employees of the Borrower or any of its Subsidiaries or (b) has at any time within the preceding six (6) years been maintained for the employees of the Borrower or any of its Subsidiaries which the Borrower or any of its Subsidiaries sponsors, maintains, or to which it makes, is making or is obligated to make, contributions, and shall not include any Pension Plan.

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

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

  • Canadian Benefit Plan means any plan, fund, program or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Loan Party has any liability with respect to any of its employees or former employees employed in Canada, and includes any Canadian Pension Plan.

  • 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.

  • Foreign Pension Plan means any plan, fund (including, without limitation, any superannuation fund) or other similar program established or maintained outside the United States by the Borrower or any one or more of its Subsidiaries primarily for the benefit of employees of the Borrower or such Subsidiaries residing outside the United States, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and which plan is not subject to ERISA or the Code.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Canadian Defined Benefit Pension Plan means a Canadian Pension Plan which contains a “defined benefit provision,” as defined in subsection 147.1(1) of the Income Tax Act (Canada).

  • Employee Plans has the meaning set forth in Section 3.14(b).

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Employee Pension Plan means any Plan which (a) is maintained by the Borrower, any of its Subsidiaries or any ERISA Affiliate and (b) is subject to Part 3 of Title I of ERISA.

  • Company Plans has the meaning set forth in Section 4.10(a).

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • Foreign Benefit Arrangement any employee benefit arrangement mandated by non-US law that is maintained or contributed to by any Group Member or any ERISA Affiliate.

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