Non-U.S. Pension Plan and Benefit Plans Sample Clauses

Non-U.S. Pension Plan and Benefit Plans. The Non-U.S. Pension Plans are duly registered under all applicable laws which require registration. Borrower and any appropriate Non-U.S. Subsidiaries have complied with and performed all of its obligations under and in respect of the Non-U.S. Pension Plans and Non-U.S. Benefit Plans under the terms thereof, any funding agreements and all applicable laws (including any fiduciary, funding, investment and administration obligations) except to the extent as would not reasonably be expected to have a Material Adverse Effect. All employer and employee payments, contributions or premiums to be remitted, paid to or in respect of each Non-U.S. Pension Plan or Non-U.S. Benefit Plan have been paid in a timely fashion in accordance with the terms thereof, any funding agreement and all applicable laws except to the extent the failure to do so would not reasonably be expected to have a Material Adverse Effect. There are no outstanding actions or suits concerning the assets of the Non-U.S. Pension Plans or the Non-U.S. Benefit Plans. Each of the Non-U.S. Pension Plans is fully funded on an ongoing basis as required by all laws applicable to such Non-U.S. Pension Plans (using actuarial methods and assumptions as of the date of the valuations last filed with the applicable Governmental Authorities and that are consistent with generally accepted actuarial principles).