Insufficient Pay Clause Samples
The 'Insufficient Pay' clause defines the consequences and procedures that apply when a party fails to make full payment as required under the contract. Typically, this clause outlines the steps the non-breaching party may take, such as issuing a notice of default, charging interest on overdue amounts, or suspending services until payment is made. Its core function is to protect the party expecting payment by providing clear remedies and encouraging timely fulfillment of financial obligations, thereby reducing the risk of non-payment and financial loss.
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Insufficient Pay. Any payroll error resulting in insufficient payment for a bargaining unit member shall be corrected, and a supplemental warrant issued, not later than five (5) working days after the bargaining unit memberprovides notice to the Payroll Department. When a payroll error occurs where the original monthly warrant(s) cannot be given to the bargaining unitmember on his/her regularly scheduled pay day, the member shall have the option to request and receive a salary advance check from the District in the amount of ninety percent (90%) of the employee’s estimated net salary.
Insufficient Pay. In the event an employee’s salary earnings within any pay period are not sufficient to cover dues, it shall be the responsibility of the Union to collect its dues for that pay period directly from the employee.
Insufficient Pay. Where an employee receives insufficient pay or no pay on the scheduled day for monthly dues deduction, no deduction for Union dues will be made. The Company will attempt to make the deduction at a subsequent date. Wherein errors occur either through failure to begin deduction of the dues or to cease deductions, correction will be made as of the date such error is discovered without retroactive payments or deductions one way or the other.