Common use of Canadian Pension Plan Clause in Contracts

Canadian Pension Plan. Except with the written consent of the Required Lenders: (i) establish, maintain, administer, sponsor, contribute to, participate in or assume or incur any liability in respect of any new defined benefit Canadian Pension Plan, or acquire an interest in any Person if such Person sponsors, administers, contributes to, participates in or has any liability in respect of, any defined benefit Canadian Pension Plan; (ii) permit its Canadian unfunded pension fund and other employee benefit plan obligations and liabilities to remain unfunded other than in accordance with applicable law; or (iii) terminate or wind-up any defined benefit Canadian Pension Plan.

Canadian Pension Plan. Except with the written consent of the Required Lenders: (i) establish, maintain, administer, sponsor, contribute to, participate in or assume or incur any liability in respect of any new defined benefit Canadian Pension Plan, or acquire an interest in any Person if such Person sponsors, administers, contributes to, participates in or has any liability in respect of, any defined benefit Canadian Pension Plan; (ii) permit its Canadian unfunded pension fund and other employee benefit plan obligations and liabilities to remain unfunded other than in accordance with applicable law; or (iii) terminate or wind-up any defined benefit Canadian Pension Plan.. 8.17

Canadian Pension Plan. Except with the written consent of the Required Lenders: (i) establish, maintain, administer, sponsor, contribute to, participate in or assume or incur any liability in respect of any new defined benefit Canadian Pension Plan, or acquire an interest in any Person if such Person sponsors, administers, contributes to, participates in or has any liability in respect of, any defined benefit Canadian Pension Plan; (ii) permit its Canadian unfunded pension fund and other employee benefit plan obligations and liabilities to remain unfunded other than in accordance with applicable law; or (iii) terminate or wind-up any defined benefit Canadian Pension Plan.. 153