Common use of First and Third Container Royalties Clause in Contracts

First and Third Container Royalties. The First and Third Container Royalties (effective in 1960 and 1977) each in the amount of $1.00 per weight ton of containerized cargo not stuffed or stripped by ILA-represented labor (with lesser amounts for containerized cargo carried on vessels that are not full container vessels as determined in the Xxxxx Award, a copy of which is appended to this Master Contract as Appendix D) shall continue to be paid. The amount of the First and Third Container Royalties, which are subject to the provisions of the Xxxxx Award and any accommodation approved pursuant to Article XV of this Master Contract, paid to the various local port and district container-royalty funds in accordance with Article XII, Section 3 of this Master Contract shall be used to provide supplemental-wage benefits to eligible employees covered by this Master Contract.

Appears in 3 contracts

Samples: Master Contract, Master Contract, Agreement

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First and Third Container Royalties. The First and Third Container Royalties (effective in 1960 and 1977) each in the amount of $1.00 per weight ton of containerized cargo not stuffed or stripped by ILAXXX-represented labor (with lesser amounts for containerized cargo carried on vessels that are not full container vessels as determined in the Xxxxx Award, a copy of which is appended to this Master Contract as Appendix DE) shall continue to be paidpaid to the various local port and district container royalty funds until the Container Royalty Cap is reached as provided in Section 4 of this Article XI. The amount of the First and Third Container Royalties, which are subject to the provisions of the Xxxxx Award and any accommodation approved pursuant to Article XV XIV of this Master Contract, paid to shall be used by the various local port and district container-container royalty funds in accordance with Article XII, Section 3 of this Master Contract shall be used to provide supplemental-supplemental wage benefits to eligible employees covered by this Master Contract.

Appears in 2 contracts

Samples: Agreement, Agreement

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First and Third Container Royalties. The First and Third Container Royalties (effective in 1960 and 1977) each in the amount of $1.00 per weight ton of containerized cargo not stuffed or stripped by ILAXXX-represented labor (with lesser amounts for containerized cargo carried on vessels that are not full container vessels as determined in the Xxxxx Award, a copy of which is appended to this Master Contract as Appendix D) shall continue to be paid. The amount of the First and Third Container Royalties, which are subject to the provisions of the Xxxxx Award and any accommodation approved pursuant to Article XV of this Master Contract, paid to the various local port and district container-royalty funds in accordance with Article XII, Section 3 of this Master Contract shall be used to provide supplemental-wage benefits to eligible employees covered by this Master Contract.

Appears in 1 contract

Samples: Master Contract

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