Common use of Canadian Pension and Benefit Plans Clause in Contracts

Canadian Pension and Benefit Plans. (a) Without the prior written consent of the Global Agent, such consent not to be unreasonably withheld, delayed or conditioned, neither the Borrower nor any of its Subsidiaries organized in Canada shall have any liability in respect of a new “multi-employer pension plan,” as that term is defined in Pension Benefits Standards Act, 1985 (Canada) or equivalent provincial legislation, if such liabilities would exceed the U.S. Dollar Equivalent of U.S.$10,000,000 in the aggregate;

Canadian Pension and Benefit Plans. (a) Without the prior written consent of the Global Agent, such consent not to be unreasonably withheld, delayed or conditioned, neither the Borrower nor any of its Subsidiaries organized in Canada shall have any liability in respect of a new any “multi-employer pension plan,” as that term is defined in Applicable Canadian Pension Benefits Standards Act, 1985 (Canada) or equivalent provincial legislation, Legislation if such liabilities would reasonably be expected to exceed the U.S. Dollar Equivalent of U.S.$10,000,000 $50,000,000 in the aggregate;

Canadian Pension and Benefit Plans. (a) Without the prior written consent of the Global Agent, such consent not to be unreasonably withheld, delayed or conditioned, neither the Borrower nor any of its Subsidiaries organized in Canada shall have any liability in respect of a new any “multi-employer pension plan,” as that term is defined in Applicable Canadian Pension Benefits Standards Act, 1985 (Canada) or equivalent provincial legislation, Legislation if such liabilities would reasonably be expected to exceed the U.S. Dollar Equivalent of U.S.$10,000,000 U.S.$100,000,000 in the aggregate;

Canadian Pension and Benefit Plans. (a) Without the prior written consent of the Global Agent, such consent not to be unreasonably withheld, delayed or conditioned, neither the Borrower nor any of its Subsidiaries organized in Canada shall have any liability in respect of a new any “multi-employer pension plan,” as that term is defined in Applicable Canadian Pension Benefits Standards Act, 1985 (Canada) or equivalent provincial legislation, Legislation if such liabilities would reasonably be expected to exceed the U.S. Dollar Equivalent of U.S.$10,000,000 U.S.$50,000,000 in the aggregate;

Canadian Pension and Benefit Plans. (a) Without the prior written consent of the Global Agent, such consent not to be unreasonably withheld, delayed or conditioned, neither the Borrower nor any of its Subsidiaries organized in Canada shall have any liability in respect of a new any “multi-employer pension plan,” as that term is defined in Applicable Canadian Pension Benefits Standards Act, 1985 (Canada) or equivalent provincial legislation, Legislation if such liabilities would reasonably be expected to exceed the U.S. Dollar Equivalent of U.S.$10,000,000 U.S.$50,000,000 in the aggregate;; 124