LIMITATION ON CANADIAN DEFINED BENEFIT PENSION PLANS AND CANADIAN MULTI-EMPLOYER PLANS. No Loan Party shall establish or contribute to, or otherwise become liable as a participating employer in, a Canadian Defined Benefit Pension Plan or a Canadian Multi-Employer Pension Plan or acquire an interest in any Person if such Person sponsors, administers, maintains or contributes to, or has any liability in respect of any Canadian Defined Benefit Pension Plan or a Canadian Multi-Employer Pension Plan.
Appears in 4 contracts
Samples: Forbearance Agreement and Fourth Amendment to Loan and Security Agreement (DG Capital Management, LLC), Forbearance Agreement and Fourth Amendment to Loan and Security Agreement (Endurant Capital Management LP), Forbearance Agreement and Fourth Amendment to Loan and Security Agreement (TENOR CAPITAL MANAGEMENT Co., L.P.)
