Common use of Foreign Employee Benefit Compliance Clause in Contracts

Foreign Employee Benefit Compliance. The Company shall, and shall ----------------------------------- cause each of its Subsidiaries and ERISA Affiliates to, establish, maintain and operate all Foreign Employee Benefit Plans to comply in all material respects with all laws, regulations and rules applicable thereto and the respective requirements of the governing documents for such Plans, except for failures to comply which, in the aggregate, would not result in a material obligation to pay money.

Appears in 2 contracts

Samples: Credit Agreement (Agribrands International Inc), Long Term Credit Agreement (Agribrands International Inc)

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Foreign Employee Benefit Compliance. The Company Holdings shall, and shall ----------------------------------- cause each of its Subsidiaries and ERISA Affiliates to, establish, maintain and operate all Foreign Employee Benefit Plans to comply in all material respects with all laws, regulations and rules applicable thereto and the respective requirements of the governing documents for such Plans, except for failures to comply which, in the aggregate, would not result in a material obligation to pay money.

Appears in 1 contract

Samples: Credit Agreement (Aas Capital Corp)

Foreign Employee Benefit Compliance. The Company shall, and shall ----------------------------------- cause each of its the other Material Subsidiaries and ERISA Affiliates to, establish, maintain and operate all Foreign Employee Benefit Plans to comply in all material respects with all laws, regulations and rules applicable thereto and the respective requirements of the governing documents for such Plans, except for failures to comply which, in the aggregate, would not result in a material obligation to pay money.

Appears in 1 contract

Samples: Credit Agreement (Tokheim Corp)

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Foreign Employee Benefit Compliance. The Company shall, and shall ----------------------------------- cause each of its the other Material Subsidiaries and ERISA Affiliates to, establish, maintain and operate all Foreign Employee Benefit Plans to comply in all material respects with all laws, regulations and rules applicable thereto and the respective requirements of the governing documents for such Plans, except for failures to comply which, in the aggregate, would not result in a material obligation to pay money.. 101

Appears in 1 contract

Samples: Credit Agreement (Tokheim Corp)

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