Canadian Defined Benefit Pension Plan. None of the Loan Parties shall maintain, administer, contribute to or have any liability in respect of any Canadian Defined Benefit Pension Plan, other than the Canadian Pension Plans, or acquire an interest in any Person if such Person sponsors, maintains, administers or contributes to, or has any liability in respect of, any Canadian Defined Benefit Pension Plan whose unfunded pension liabilities or solvency deficiencies are in an amount that would result in an Overadvance if an Availability Reserve were instituted therefor.
Appears in 2 contracts
Samples: Credit Agreement (Caleres Inc), Credit Agreement (Brown Shoe Co Inc)
Canadian Defined Benefit Pension Plan. None Each Loan Party will not, and will not permit any of the Loan Parties shall its Restricted Subsidiaries to, establish, maintain, administersponsor, contribute to or have any otherwise incur or assume liability or obligations in respect of any a Canadian Defined Benefit Pension Plan, other than the Canadian Pension Plans, Plan or acquire an interest in any amalgamate with a Person if such Person sponsors, that maintains, administers sponsors or contributes to, or otherwise has any liability in respect of, for any Canadian Defined Benefit Pension Plan whose unfunded pension liabilities or solvency deficiencies are in an amount that would result in an Overadvance if an Availability Reserve were instituted thereforduring the term of this Agreement.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (Delek US Holdings, Inc.), Term Loan Credit Agreement (Delek US Holdings, Inc.)
Canadian Defined Benefit Pension Plan. None of the Loan Parties No Credit Party shall maintain, administercontribute to, contribute to or have incur any liability or contingent liability in respect of any a Canadian Defined Benefit Pension Plan, other than the Canadian Pension Plans, or acquire an interest in any Person if such Person sponsors, maintains, administers or contributes to, or has any liability in respect of, any Canadian Defined Benefit Pension Plan whose unfunded pension liabilities or solvency deficiencies are in an amount that would result in an Overadvance if an Availability Reserve were instituted therefor.. CHAR1\0000000x0
Appears in 1 contract
Samples: Credit Agreement (EnerSys)
Canadian Defined Benefit Pension Plan. None of the Loan Parties No Credit Party shall maintain, administercontribute to, contribute to or have incur any liability or contingent liability in respect of any a Canadian Defined Benefit Pension Plan, other than the Canadian Pension Plans, or acquire an interest in any Person if such Person sponsors, maintains, administers or contributes to, or has any liability in respect of, any Canadian Defined Benefit Pension Plan whose unfunded pension liabilities or solvency deficiencies are in an amount that would result in an Overadvance if an Availability Reserve were instituted therefor.
Appears in 1 contract
Samples: Credit Agreement (EnerSys)