ERISA; Foreign Pension Plans. (a) Except as would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect, (i) each Plan is in compliance with the applicable provisions of ERISA, the Code and other federal or state laws and (ii) each Foreign Pension Plan is in compliance with applicable non-US law. (b) Except as would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect, (i) no ERISA Event has occurred or is reasonably expected to occur and (ii) neither any Loan Party nor any ERISA Affiliate has engaged in a transaction that could be subject to Section 4069 or 4212(c) of ERISA. (c) Except as would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect, (i) each Group Member is in compliance with the requirements of the PBA and other federal or provincial laws with respect to each (A) Canadian Pension Plan and (B) Canadian Defined Benefit Pension Plan and (ii) no Canadian Pension Event has occurred.
Appears in 6 contracts
Samples: First Lien Credit Agreement (Clarios International Inc.), First Lien Credit Agreement (Clarios International Inc.), Abl Credit Agreement (Clarios International Inc.)