Common use of Foreign Benefit Plans Clause in Contracts

Foreign Benefit Plans. All foreign pension schemes (including, without limitation, each Foreign Pension Plan) sponsored or maintained by any Borrower and each of its Subsidiaries, if any, are maintained in accordance with the requirements of applicable foreign law, except where noncompliance could not reasonably be expected to result in a Material Adverse Effect.

Foreign Benefit Plans. All foreign pension schemes (including, without limitation, each Foreign Pension Plan) sponsored or maintained by any the Borrower and each of its Subsidiaries, if any, are maintained in accordance with the requirements of applicable foreign law, except where noncompliance could not reasonably be expected to result in a Material Adverse Effect.