Common use of ERISA; Canadian Pension Plans Clause in Contracts

ERISA; Canadian Pension Plans. (i) An ERISA Event occurs with respect to a Pension Plan or Multiemployer Plan which has resulted or could reasonably be expected to result in liability of any Borrower under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an aggregate amount in excess of $10,000,000, or (ii) any Borrower or any ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan in an aggregate amount in excess of $10,000,000, or (iii) the institution of any steps by a Borrower, a Subsidiary or any applicable regulatory authority to terminate any Canadian Pension Plan (wholly or in part) which could result in the Borrower or Subsidiary being required to make an additional contribution to the Canadian Pension Plan in excess of $10,000,000, or (iv) the failure to make a required contribution to any Canadian Pension Plan that, individually or in the aggregate could reasonably be expected to have a Material Adverse Effect, or (v) the taking of any action with respect to a Canadian Pension Plan which could reasonably be expected to result in the requirement that a Borrower or a Subsidiary furnish a bond or other security to such Canadian Pension Plan or any applicable regulatory authority that, individually or in the aggregate could reasonably be expected to have a Material Adverse Effect, or (vi) the occurrence of any event with respect to any Canadian Pension Plan which could reasonably be expected to result in the incurrence by the Borrower or Subsidiary of any fine or statutory penalty in excess of $10,000,000 with respect to any Canadian Pension Plan or Canadian Welfare Plan benefit.

ERISA; Canadian Pension Plans. (i) An ERISA Event occurs with respect to a Pension Plan or Multiemployer Plan which has resulted or could reasonably be expected to result in liability of any Borrower under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an aggregate amount in excess of $10,000,00020,000,000, or (ii) any Borrower or any ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan in an aggregate amount in excess of $10,000,00020,000,000, or (iii) the institution of any steps by a Borrower, a Subsidiary or any applicable regulatory authority to terminate any Canadian Pension Plan (wholly or in part) which could result in the Borrower or Subsidiary being required to make an additional contribution to the Canadian Pension Plan in excess of $10,000,00020,000,000, or (iv) the failure to make a required contribution to any Canadian Pension Plan that, individually or in the aggregate could reasonably be expected to have a Material Adverse Effect, or (v) the taking of any action with respect to a Canadian Pension Plan which could reasonably be expected to result in the requirement that a Borrower or a Subsidiary furnish a bond or other security to such Canadian Pension Plan or any applicable regulatory authority that, individually or in the aggregate could reasonably be expected to have a Material Adverse Effect, or (vi) the occurrence of any event with respect to any Canadian Pension Plan which could reasonably be expected to result in the incurrence by the Borrower or Subsidiary of any fine or statutory penalty in excess of $10,000,000 20,000,000 with respect to any Canadian Pension Plan or Canadian Welfare Plan benefit.

ERISA; Canadian Pension Plans. (i) An ERISA Event occurs with respect to a Pension Plan or Multiemployer Plan which has resulted or could reasonably be expected to result in liability of any Borrower under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an aggregate amount in excess of $10,000,000, or (ii) any Borrower or any ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan in an aggregate amount in excess of $10,000,000, or (iii) the institution of any steps by a Borrower, a Subsidiary or any applicable regulatory authority to terminate any Canadian Pension Plan (wholly or in part) which could reasonably be expected to result in the Borrower or Subsidiary being required to make an additional contribution to the Canadian Pension Plan in excess of $10,000,000, or (iv) the failure to make a required contribution to any Canadian Pension Plan that, individually or in the aggregate aggregate, could reasonably be expected to have a Material Adverse Effect, or (v) the taking of any action with respect to a Canadian Pension Plan which could reasonably be expected to result in the requirement that a Borrower or a Subsidiary furnish a bond or other security to such Canadian Pension Plan or any applicable regulatory authority that, individually or in the aggregate aggregate, could reasonably be expected to have a Material Adverse Effect, or (vi) the occurrence of any event with respect to any Canadian Pension Plan which could reasonably be expected to result in the incurrence by the Borrower or Subsidiary of any fine or statutory penalty in excess of $10,000,000 with respect to any Canadian Pension Plan or Canadian Welfare Plan benefit.Plan; or

ERISA; Canadian Pension Plans. (i) An ERISA Event occurs with respect to a Pension Plan or Multiemployer Plan which has resulted or could reasonably be expected to result in liability of any Borrower under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an aggregate amount in excess of $10,000,00015,000,000, or (ii) any Borrower or any ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan in an aggregate amount in excess of $10,000,00015,000,000, or (iii) the institution of any steps by a Borrower, a Subsidiary or any applicable regulatory authority to terminate any Canadian Pension Plan (wholly or in part) which could result in the Borrower or Subsidiary being required to make an additional contribution to the Canadian Pension Plan in excess of $10,000,00015,000,000, or (iv) the failure to make a required contribution to any Canadian Pension Plan that, individually or in the aggregate could reasonably be expected to have a Material Adverse Effect, or (v) the taking of any action with respect to a Canadian Pension Plan which could reasonably be expected to result in the requirement that a Borrower or a Subsidiary furnish a bond or other security to such Canadian Pension Plan or any applicable regulatory authority that, individually or in the aggregate could reasonably be expected to have a Material Adverse Effect, or (vi) the occurrence of any event with respect to any Canadian Pension Plan which could reasonably be expected to result in the incurrence by the Borrower or Subsidiary of any fine or statutory penalty in excess of $10,000,000 15,000,000 with respect to any Canadian Pension Plan or Canadian Welfare Plan benefit.