Pension Schemes. Each member of the Group is in compliance with all applicable laws and contracts relating to pension schemes (if any) for the time being operated by it or in which it participates and each such pension scheme is adequately funded based on reasonable actuarial assumptions and recommendations as required by law in each case where failure to do so is reasonably likely to have a Material Adverse Effect.
Pension Schemes. The pension schemes of each member of the Group are funded to the extent required by law or otherwise comply with the requirements of any material law applicable in the jurisdiction in which the relevant pension scheme is maintained, in each case, where failure to do so would reasonably be expected to have a Material Adverse Effect.
Pension Schemes. 1. Where an individual who is a resident of a Contracting State is a member or beneficiary of, or participant in, a pension scheme established in the other Contracting State, income earned by the pension scheme may be taxed as income of that individual only when, and, subject to paragraphs 1 and 2 of Article 17 (Pensions, Social Security, Annuities, Alimony, and Child Support) of this Convention, to the extent that, it is paid to, or for the benefit of, that individual from the pension scheme (and not transferred to another pension scheme).
Pension Schemes. (a) Each member of the Group must be:
Pension Schemes. The Company operates and maintains relevant retirement scheme (the “Scheme”) for the benefit of its employees in full compliance with the relevant applicable laws and regulations of the places where the employees are employed. Full particulars of the Scheme have already been disclosed to the Purchaser in writing and are true and complete in all respects. Except the Scheme, there is no retirement, pension, provident fund or other similar schemes operated by the Company.
Pension Schemes. Each Obligor will, and will procure that each of its Subsidiaries will, if requested by the Facility Agent, deliver to the Facility Agent at such time as those reports are prepared in order to comply with then current statutory or auditing requirements, actuarial reports in relation to the pension schemes for the time being operated by members of the Group, and will ensure that all such pension schemes are fully funded to the extent required by law based on reasonable actuarial assumptions applicable in the jurisdiction in which the relevant pension scheme is maintained.
Pension Schemes. Neither Viavi nor Bidco intends to make any changes to the agreed employer contributions into the Spirent Group’s existing defined benefit and defined contribution pension schemes (including with regard to current arrangements for the funding of any scheme deficit in the defined benefit pension scheme), the accrual of benefits for existing members or the admission of new members to such pension schemes following Completion.
Pension Schemes. Each Obligor will, and will procure that each of its Subsidiaries will ensure that all pension schemes for the time being operated by members of the Group are fully funded to the extent required by law in each case, to the extent failure to do so would reasonably be expected to have a Material Adverse Effect.
Pension Schemes. The Society is not and has not been a party to any agreement or arrangement for the provision of pensions, allowances, lump sums or other like benefits on retirement, death or long term ill health for the benefit of any current or former employee of the Society or their dependants nor has the Society provided or promised to provide any ex-gratia pensions, lump sums or like benefits for any current or former employees of the Society or dependants thereof. In particular, there is no obligation to pay contributions to any personal pension scheme in respect of any employee.
Pension Schemes. 5.1 You are entitled to continue to participate in the Reuters America Retirement Plan and to participate in the Supplemental Executive Retirement Plan subject to the rules of the governing documents from time to time in force.
