Canadian Statutory Plans definition

Canadian Statutory Plans means statutory benefit plans that any Canadian Loan Party is required to participate in or comply with, including the Canada Pension Plan or Quebec Pension Plan as maintained by the Government of Canada or Province of Quebec, respectively, and plans administered pursuant to applicable workplace safety insurance or workers’ compensation and employment insurance legislation.

Examples of Canadian Statutory Plans in a sentence

  • The Company and the Company’s Subsidiaries have fulfilled all of their respective obligations with respect to employee benefit plans that would otherwise be Benefit Plans, except for the fact such plans are required by Law or are Canadian Statutory Plans.

Related to Canadian Statutory Plans

  • Statutory Plans means statutory benefit plans which a Party and any of its Subsidiaries are required to participate in or comply with, including any benefit plan administered by any federal or provincial government and any benefit plans administered pursuant to applicable health, tax, workplace safety insurance, and employment insurance legislation;

  • Statutory Plan means a plan required in terms of any legislation, including but not limited to, any structure plan, land use plan, zoning scheme, integrated development plan, water services plan, skills development plan and employment equity plan;

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Company Plans has the meaning set forth in Section 3.13(a).

  • Canadian Benefit Plan means any plan, fund, program, or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing material employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Borrower has any liability with respect to any employee or former employee, but excluding any Canadian Pension Plans.

  • Pension Plans The meaning specified in Section 4.1(v).

  • Qualified Plans has the meaning set forth in Section 5.20.

  • Sub-Plans means any sub-plan to the Plan that has been adopted by the Board or the Committee for the purpose of permitting the offering of Awards to employees of certain Designated Foreign Subsidiaries or otherwise outside the United States of America, with each such sub-plan designed to comply with local laws applicable to offerings in such foreign jurisdictions. Although any Sub-Plan may be designated a separate and independent plan from the Plan in order to comply with applicable local laws, the Absolute Share Limit and the other limits specified in Section 5(b) shall apply in the aggregate to the Plan and any Sub-Plan adopted hereunder.

  • Canadian Pension Plans means each pension plan required to be registered under Canadian federal or provincial law that is maintained or contributed to by a Credit Party for its employees or former employees, but does not include the Canada Pension Plan or the Quebec Pension Plan as maintained by the Government of Canada or the Province of Quebec, respectively.

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • ERISA Plans shall have the meaning set forth in Section 3.12(a).

  • Company Plan means all Plans of which the Company or an ERISA Affiliate of the Company is or was a Plan Sponsor, or to which the Company or an ERISA Affiliate of the Company otherwise contributes or has contributed, or in which the Company or an ERISA Affiliate of the Company otherwise participates or has participated. All references to Plans are to Company Plans unless the context requires otherwise.

  • New Plans has the meaning set forth in Section 5.5(b).

  • Option Plans has the meaning assigned thereto in Section 2.5(b).

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

  • Seller Plans has the meaning set forth in Section 3.13(a).

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Buyer Plans has the meaning set forth in Section 6.02(b).

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Title IV Plans means all Pension Plans that are subject to Title IV of ERISA, 29 U.S.C. Section 1301 et seq., other than Multi-Employer Plans.

  • Old Plans shall have the meaning set forth in Section 5.11(b).

  • Employee Plans means all Benefit Arrangements, Multiemployer Plans, Pension Plans and Welfare Plans.

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).