Canadian Pension Plans and Benefit Plans. (i) For each existing, or hereafter adopted, Canadian Pension Plan and Canadian Benefit Plan, each Borrower and its Subsidiaries shall in a timely fashion comply with and perform in all material respects all of their statutory obligations under and in respect of such Canadian Pension Plan or Canadian Benefit Plan, including under any funding agreements and all applicable laws (including any fiduciary, funding, investment and administration obligations).
Canadian Pension Plans and Benefit Plans. (a) For each existing, or hereafter adopted, Canadian Pension Plan and Canadian Benefit Plan, in a timely fashion comply with and perform in all material respects all of its obligations under and in respect of such Canadian Pension Plan or Canadian Benefit Plan, including under any funding agreements and all applicable laws (including any fiduciary, funding, investment and administration obligations). Within 45 days after the Restatement Effective Date (or such longer time as may be agreed by the Administrative Agent), (i) and (ii) cause each of the documents set forth on Schedule 5.3 of the Successor Agent Agreement to be duly executed and delivered to the Administrative Agent. (b) Remit, withhold or pay (and cause each of its Subsidiaries to remit, withhold or pay) all employer or employee payments, contributions or premiums required to be remitted, withheld or paid to or in respect of each Canadian Pension Plan or Canadian Benefit Plan, in each case in a timely fashion in compliance in all material respects with the terms thereof, any funding agreements and all applicable laws. (c) Deliver to the Administrative Agent (i) if requested by the Administrative Agent, copies of each annual and other return, report or valuation with respect to each Canadian Pension Plan as filed with any applicable Governmental Authority; (ii) promptly after receipt thereof, a copy of any material direction, order, notice, ruling or opinion that any Loan Party or any Subsidiary of any Loan Party may receive from any applicable Governmental Authority with respect to any Canadian Pension Plan; (iii) notification within 30 days of any increases having a cost to one or more of the Loan Parties and their Subsidiaries in excess of $500,000 per annum in the aggregate, in the benefits of any existing Canadian Pension Plan or Canadian Benefit Plan, or the establishment of any new Canadian Pension Plan or Canadian Benefit Plan, or the commencement of contributions to any such plan to which any Loan Party was not previously contributing; and (iv) notification within 30 days of any voluntary or involuntary termination of, or participation in, a Canadian Pension Plan or a Canadian Benefit Plan. SECTION 8 NEGATIVE COVENANTS Each of the Borrowers hereby jointly and severally agrees that, commencing on the Restatement Effective Date and continuing so long as any of the Commitments or Dollar Working Capital Facility Uncommitted Tranche Portions remain in effect, any Letter of Credit remains ou...
Canadian Pension Plans and Benefit Plans. (a) [Reserved].
Canadian Pension Plans and Benefit Plans. (a) For each Canadian Pension Plan existing on the Effective Date, ensure that such plan retains its registered status (except to the extent that the Borrowers shall have given notice of the termination of such plan in accordance with subsection 6.7(d)) under and is administered in a timely manner in all respects in accordance with the applicable pension plan text, funding agreement, the Income Tax Act (Canada) and all other applicable laws.
Canadian Pension Plans and Benefit Plans. (a) For each existing, or hereafter adopted, Canadian Pension Plan and Canadian Benefit Plan, in a timely fashion comply with and perform in all material respects all of its obligations under and in respect of such Canadian Pension Plan or Canadian Benefit Plan, including under any funding agreements and all applicable laws (including any fiduciary, funding, investment and administration obligations). Within 45 days after the Restatement Effective Date (or such longer time as may be agreed by the Administrative Agent), (i) and (ii) cause each of the documents set forth on Schedule 5.3 of the Successor Agent Agreement to be duly executed and delivered to the Administrative Agent.
Canadian Pension Plans and Benefit Plans. All Canadian Benefit Plans to which the Borrower or any Guarantor is a party as of the Closing Date are described in Schedule 8.1(22). Neither the Borrower nor any Guarantor sponsors, administers, maintains or contributes to any Canadian Pension Plans. No promises of benefit improvements under any of the Canadian Benefit Plans have been made, except where such improvements reasonably could not be expected to have a Material Adverse Effect. All contributions or premiums required to be made or paid (including any withheld employee contributions) by the Borrower or any Guarantor to the Canadian Benefit Plans have been made or paid in a timely fashion in accordance with the terms of such plans and all Applicable Laws.
Canadian Pension Plans and Benefit Plans. 194200 SECTION 8 NEGATIVE COVENANTS 195200 8.1 Financial Condition Covenants. 195201 8.2
Canadian Pension Plans and Benefit Plans. Schedule 3.11 lists all Canadian Benefit Plans and Canadian Pension Plans currently maintained or contributed to the Loan Parties and their Subsidiaries. The Canadian Pension Plans are duly registered under the Income Tax Act (Canada) and all other applicable laws which require registration. Each Loan Party and each of their Subsidiaries has complied with and performed all of its obligations under and in respect of the Canadian Pension Plans and Canadian Benefit Plans under the terms thereof, any funding agreements and all applicable laws (including any fiduciary, funding, investment and administration obligations). All employer and employee payments, contributions or premiums to be remitted, paid to or in respect of each Canadian Pension Plan or Canadian Benefit Plan have been paid in a timely fashion in accordance with the terms thereof, any funding agreement and all applicable laws. There have been no improper withdrawals or applications of the assets of the Canadian Pension Plans or the Canadian Benefit Plans. Except as set forth on Schedule 3.11, there are no outstanding disputes concerning the assets of the Canadian Pension Plans or the Canadian Benefit Plans. Except as set forth on Schedule 3.11, each of the Canadian Pension Plans is fully funded on a solvency CREDIT AGREEMENT basis (using actuarial methods and assumptions which are consistent with the valuations last filed with the applicable Governmental Authorities and which are consistent with generally accepted actuarial principles).
Canadian Pension Plans and Benefit Plans. Except as, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect, (i) all Canadian Pension Plans and Benefit Plans are funded as required by applicable law, (ii) no failure to make contributions has occurred with respect to any Canadian Pension Plan sufficient to give rise to a lien or charge affecting any Borrower or any Restricted Subsidiary under any applicable pension benefit laws, and (iii) all contributions (including employee contributions made by authorized payroll deductions or other withholdings) required to be made to the appropriate funding agency in accordance with all applicable laws and the terms of each Canadian Pension Plan and Benefit Plan have been made.
Canadian Pension Plans and Benefit Plans. Schedule 4.14 lists all Canadian Benefit Plans and Canadian Pension Plans currently maintained or contributed to by the Group Members. The Canadian Pension Plans are duly registered under the ITA (where required) and all other applicable laws which require registration. Each Group Member has complied with and performed all of its material obligations under and in respect of the Canadian Pension Plans and Canadian Benefit Plans under the terms thereof, any funding agreements and all applicable laws. All material employer and employee payments, contributions or premiums to be remitted, paid to or in respect of each Canadian Pension Plan or Canadian Benefit Plan by the Group Members have been paid in a timely fashion in accordance with the terms thereof, any funding agreement and all applicable laws. There have been no improper withdrawals or applications of the assets of the Canadian Pension Plans or the Canadian Benefit Plans. No promises of benefit improvements under the Canadian Pension Plans or the Canadian Benefit Plans have been made except where such improvement could not be reasonably expected to have a Material Adverse Effect and, in any event, no such improvements will result in a solvency deficiency or going concern unfunded liability in the affected Canadian Pension Plans. All material reports and disclosures relating to the Canadian Pension Plans required by such plans and any Requirement of Law to be filed or distributed have been filed or distributed. There has been no partial termination of any Canadian Pension Plan and to the knowledge of the Loan Parties no facts or circumstances have occurred or existed that could result, or be reasonably anticipated to result, in the declaration of a partial termination of any Canadian Pension Plan under Requirements of Law. Except as set forth on Schedule 4.14, there are no outstanding material disputes concerning the assets of the Canadian Pension Plans (excluding disputes in the ordinary course) or the Canadian Benefit Plans. Except as set forth on Schedule 4.14, each of the Canadian Pension Plans is a defined contribution or money purchase plan and is fully funded in accordance with plan terms and any Requirement of Law.
