Applicable Pension Laws definition

Applicable Pension Laws means the Pension Benefits Act (Ontario) and any regulation pursuant thereto and any amendments or substitutes therefor as well as any similar statute applicable to the Plan and any regulation pursuant thereto adopted by the federal or any provincial government.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Applicable Pension Laws means the Pension Benefits Act (Ontario) or the similar pension standards statute of Canada or other applicable Canadian jurisdictions, and the ITA, and the regulations of each, as amended from time to time (or any successor statute).

Applicable Pension Laws means The Pension Bene‑ fits Act of the Province of Ontario and any regulation pursu‑ ant thereto and any amendments or substitutes therefore as well as any similar statute applicable to the Retirement Agreement and any regulation pursuant thereto adopted by the federal government.

Examples of Applicable Pension Laws in a sentence

• Each of the Canadian Pension Plans is funded in accordance with the most recent actuarial valuations filed under Applicable Pension Laws, as disclosed to the Administrative Agent.

• There has been no termination of any Canadian Pension Plan (except as permitted under Section 5.07(b)) and, to the knowledge of the Borrower, no facts or circumstances have occurred or existed that could result, or be reasonably anticipated to result, in the declaration of a termination of any Canadian Pension Plan by any Governmental Authority under Applicable Pension Laws.

• The Company shall provide such other information regarding the Plan, statistical or otherwise, as is required under Applicable Pension Laws.

• The Company may, in accordance with Applicable Pension Laws, apply all or any part of any surplus assets of the Trust Fund as determined by actuarial valuation, on account of its contributions to the Trust Fund and thereby reduce the amount that it would otherwise be required to deposit into the Trust Fund on account of such contributions.

• Such contributions shall be paid into the Plan within the time limits specified in Applicable Pension Laws.

More Definitions of Applicable Pension Laws

Applicable Pension Laws means the Pension Benefits Act (Ontario) and any regulation pursuant thereto and any amendments or substitutes therefor as well as any similar statute applicable in a particular circumstance and any regulation pursuant thereto adopted by the federal or any provincial government.

Applicable Pension Laws means, with respect to any Person, all pension Laws applicable to such Person, including, without limitation, ERISA.

Applicable Pension Laws means the Employment Pension Plans Act (Alberta), and any relevant regulations thereto, as may be amended from time to time, or any similar statute adopted by the federal or any provincial government deemed applicable in a particular circumstance, including any relevant regulations thereto, as may be amended from time to time.

Applicable Pension Laws means the Pension Benefits Act of Ontario, any Act of a similar nature of any other province which has jurisdiction, or that Act which is applicable if only one of these said Acts be applicable or any amendment thereto, together with any relevant regulations made under any of these Acts from time to time.

Applicable Pension Laws means the Pension Benefits Act (Ontario) and includes such other provincial or federal pension legislation which may be applicable to a Member of the Plan including:

Applicable Pension Laws means, as applicable, the Employee Retirement Income Security Act of 1974, as amended, the Pension Benefits Act of Ontario and any regulation thereunder and any amendments thereto or substitute therefor as well as any similar provincial statute applicable in a particular circumstance.

Applicable Pension Laws means the Employment Pension Plans Act, S.A. 1986, c.E-10.05, as amended, and any regulation thereto, as amended, as well as any other statute passed by the Government of Alberta applicable to this Plan.