Common use of Delinquent Payments Clause in Contracts

Delinquent Payments. In the event an Employer becomes delinquent in his payments to the Insulators and Asbestos Workers Local No. 127 Annuity Trust Fund, the Union will, at the Union's discretion, remove all employees, performing duties as described in Article II of this Agreement, from the delinquent Employer's job(s); and the delinquent Employer will be assessed, as liquidated damages, five percent (5%) of the delinquent payments, but not less than ten dollars ($10.00), which amount shall become due and payable to the Trust at its principle office upon the day following the twelfth (12th) day of the month in which such delinquency occurred. These delinquent payments and liquidated damages shall be compounding on the day following the twelfth (12th) day of each successive month payment is not received. If the employees are removed from the delinquent Employer's job(s) by the Union to enforce proven delinquent payments, including liquidated damages, the employees shall be paid by the delinquent Employer for all lost time at the base hourly wage rate plus fringe benefits to the extent otherwise payable.

Appears in 1 contract

Samples: Working Agreement

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Delinquent Payments. In the event an Employer becomes delinquent in his payments to the Insulators Insulation Contractors Association of Northern Wisconsin and Asbestos Workers Local No. 127 Annuity Upper Michigan Industry Trust Fund, Fund the Union will, at the Union's discretion, remove all employees, performing duties as described in Article II of this Agreement, from the delinquent Employer's job(s); and the delinquent Employer will be assessed, as liquidated damages, five percent (5%) of the delinquent payments, but not less than ten dollars ($10.00), which amount shall become due and payable to the Trust at its principle office upon the day following the twelfth (12th12) day of the month in which such delinquency occurred. These delinquent payments and liquidated damages shall be compounding on the day following the twelfth (12th12) day of each successive month payment is not received. If the employees are removed from the delinquent Employer's job(s) by the Union to enforce proven delinquent payments, including liquidated damages, the employees shall be paid by the delinquent Employer for all lost time at the base hourly wage rate plus fringe benefits to the extent otherwise payable.

Appears in 1 contract

Samples: Working Agreement

Delinquent Payments. In the event an Employer becomes delinquent in his payments to the Insulators and Asbestos Workers Local No. 127 Annuity Pension Trust Fund, the Union will, at the Union's discretion, remove all employees, performing duties as described in Article II of this Agreement, from the delinquent Employer's job(s); and the delinquent Employer will be assessed, as liquidated damages, five percent (5%) of the delinquent payments, but not less than ten dollars ($10.00), which amount shall become due and payable to the Trust at its principle office upon the day following the twelfth (12th) day of the month in which such delinquency occurred. These delinquent payments and liquidated damages shall be compounding on the day following the twelfth (12th) day of each successive month payment is not received. If the employees are removed from the delinquent Employer's job(s) by the Union to enforce proven delinquent payments, including liquidated damages, the employees shall be paid by the delinquent Employer for all lost time at the base hourly wage rate plus fringe benefits to the extent otherwise payable.

Appears in 1 contract

Samples: Working Agreement

Delinquent Payments. In the event an Employer becomes delinquent in his payments to of the Insulators and Asbestos Workers Local No. 127 Annuity Trust FundDues Check Off Deductions, the Union will, at the Union's discretion, remove all employees, performing duties as described in Article II of this Agreement, from the delinquent Employer's job(s); and the delinquent Employer will be assessed, as liquidated damages, five percent (5%) of the delinquent payments, but not less than ten dollars ($10.00), which amount shall become due and payable to the Trust Union at its principle office upon the day following the twelfth (12th) day of the month in which such delinquency occurred. These delinquent payments and liquidated damages shall be compounding on the day following the twelfth (12th) day of each successive month payment is not received. If the employees are removed from the delinquent Employer's job(s) by the Union to enforce proven delinquent payments, including liquidated damages, the employees shall be paid by the delinquent Employer for all lost time at the base hourly wage rate plus fringe benefits to the extent otherwise payable.

Appears in 1 contract

Samples: Working Agreement

Delinquent Payments. In the event an Employer becomes delinquent in his payments to the Insulators and Asbestos Workers Local No. 127 Annuity Trust Vacation Fund, the Union will, at the Union's discretion, remove all employees, performing duties as described in Article II of this Agreement, from the delinquent Employer's job(s); and the delinquent Employer will be assessed, as liquidated damages, five percent (5%) of the delinquent payments, but not less than ten dollars ($10.00), which amount shall become due and payable to the Trust Fund at its principle office upon the day following the twelfth (12th12) day of the month in which such delinquency occurred. These delinquent payments and liquidated damages shall be compounding on the day following the twelfth (12th) day of each successive month payment is not received. If the employees are removed from the delinquent Employer's job(s) by the Union to enforce proven delinquent payments, including liquidated damages, the employees shall be paid by the delinquent Employer for all lost time at the base hourly wage rate plus fringe benefits to the extent otherwise payable.

Appears in 1 contract

Samples: Working Agreement

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Delinquent Payments. In the event an Employer becomes delinquent in his payments to the Northern Wisconsin Heat and Frost Insulators and Asbestos Workers Local No. 127 Annuity Joint Apprenticeship Trust Fund, the Union will, at the Union's discretion, remove all employees, performing duties as described in Article II of this Agreement, from the delinquent Employer's job(s); and the delinquent Employer will be assessed, as liquidated damages, five percent (5%) of the delinquent paymentspayment, but not less than ten dollars ($10.00), which amount shall become due and payable to the Trust at its principle office upon the day following the twelfth (12th) day of the month in which such delinquency occurred. These delinquent payments and liquidated damages shall be compounding on the day following the twelfth (12th) day of each successive month payment is not received. If the employees are removed from the delinquent Employer's job(s) by the Union Union, to enforce proven delinquent payments, including liquidated damages, the employees shall be paid by the delinquent Employer for all lost time at the base hourly wage rate plus fringe benefits to the extent otherwise payable.

Appears in 1 contract

Samples: Working Agreement

Delinquent Payments. In the event an Employer becomes delinquent in his payments to the Insulators and Asbestos Workers Local Locals No. 19 & 127 Annuity Health & Welfare Trust Fund (or substituted Trust Fund), the Union will, at the Union's discretion, remove all employees, performing duties as described in Article II of this Agreement, from the delinquent Employer's job(s); and the delinquent Employer will be assessed, as liquidated damages, five percent (5%) of the delinquent payments, but not less than ten dollars ($10.00), which amount shall become due and payable to the Trust at its principle office upon the day following the twelfth (12th) day of the month in which such delinquency occurred. These delinquent payments and liquidated damages shall be compounding on the day following the twelfth (12th) day of each successive month payment is not received. If the employees are removed from the delinquent Employer's job(s) by the Union to enforce proven delinquent payments, including liquidated damages, the employees shall be paid by the delinquent Employer for all lost time at the base hourly wage rate plus fringe benefits to the extent otherwise payable.

Appears in 1 contract

Samples: Working Agreement

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