Pensions Schemes. The Borrower will procure that all material pension schemes of it and its Material Subsidiaries 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.
Appears in 2 contracts
Samples: Subordinated Debt Facility Agreement (Alstom), Revolving Credit Agreement (Alstom)
Pensions Schemes. The Borrower will procure that all material pension schemes of it and its Material Relevant Subsidiaries 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.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Alstom), Revolving Credit Agreement (Alstom)
