Common use of Delinquent Payments Clause in Contracts

Delinquent Payments. An Employer delinquent in the payment of his contributions, operating in receivership or bankruptcy or under the supervision of a creditors committee or under a liquidation of his business, or involved in financial difficulties, shall upon demand of the Labor- Management Board make his reports and contributions to the Trust Funds herein described on a weekly basis. In such cases, the required reports and contributions shall be mailed or delivered to the Trust Funds on the same day as the regular weekly payday.

Appears in 6 contracts

Samples: Labor Agreement, Labor Agreement, Labor Agreement

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