Foreign Plans definition

Foreign Plans shall have the meaning set forth in Section 3.11(d).

Foreign Plans are defined in Section 6.22(i)(xiii).

Foreign Plans means any employee benefit plan, program, policy, arrangement or agreement maintained or contributed to by, or entered into with, a Company with respect to employees employed outside the United States.

Examples of Foreign Plans in a sentence

• The Borrower and each of its Subsidiaries have complied with foreign law applicable to its Foreign Plans, except to the extent that failure to comply would not reasonably be expected to have a Material Adverse Effect.

• No Loan Party or any of its ERISA Affiliates sponsors, maintains or contributes to any Plans or Foreign Plans.

• Each Loan Party shall and shall cause each of its ERISA Affiliates to establish, maintain and operate all Foreign Plans to comply in all material respects with all laws, regulations and rules applicable thereto and the respective requirements of the governing documents for such plans.

• The aggregate unfunded liabilities, after giving effect to any such reserves for such liabilities, with respect to such Foreign Plans could not reasonably be expected to result in a Material Adverse Effect.

• All employer and employee contributions to Foreign Plans, to the extent required by law or the terms of such plans, have been made or accrued in accordance with normal accounting principles.

More Definitions of Foreign Plans

Foreign Plans has the meaning set forth in Section 3.20(h) herein.

Foreign Plans has the meaning provided in Section 4.14(a).

Foreign Plans has the meaning set forth in Section 5.12(e).

Foreign Plans has the meaning set forth in Section 3(b)(xxiv).

Foreign Plans means each material pension, profit sharing, savings, retirement, health, life, disability, deferred compensation, incentive, severance and fringe benefit plan, program, or arrangement maintained or contributed to by any Seller Corporation for the benefit of any Employees (non-US), other than plans, programs, or arrangements required to be maintained or contributed to by the Laws of the relevant jurisdiction and Plans maintained for the benefit of Employees (US) or Employees (Bargaining 15 Unit).

Foreign Plans means Company Plans that are primarily for the benefit of current or former employees, officers, directors or consultants of the Company or any of its Subsidiaries who are located outside of the United States.

Foreign Plans shall have the meaning set forth in Section 4.01(v)(xii).