Common use of Canadian Pension Plans Clause in Contracts

Canadian Pension Plans. No Canadian Loan Party or Affiliate shall become liable under or contribute to, any Canadian Pension Plan that provides benefits on a defined benefit basis, other than a Canadian MEPP.

Canadian Pension Plans. No Canadian Loan Party or Affiliate shall become liable under party to, or maintain or contribute to, or become liable under, any Canadian Pension Plan that provides benefits on which is a defined benefit basispension plan, other than a or fail to make all required contributions to any Canadian MEPPPension Plan when due.