Common use of Pension Schemes Clause in Contracts

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.

Appears in 3 contracts

Samples: Super Senior Revolving Facility Agreement (Orion Engineered Carbons S.a r.l.), Loan Agreement (Elster Group SE), Loan Agreement (Elster Group SE)

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Pension Schemes. The (a) Each Obligor will, and will procure that each other Group Member will, ensure that all pension schemes of each member of the any Group Member are funded to the extent required by law or otherwise comply in all material respects 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.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Toys R Us Inc), Syndicated Facility Agreement (Toys R Us Inc)

Pension Schemes. The pension schemes of each member of the Group Obligor 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.

Appears in 1 contract

Samples: Credit Facility Agreement (Terex Corp)

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Pension Schemes. The pension schemes of each member of the Group Obligor are funded to the extent required by law or otherwise to comply in all material respects 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.

Appears in 1 contract

Samples: Senior Facilities Agreement (Toys R Us Inc)

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