Common use of METHOD OF PAYMENT OF CONTRIBUTIONS AND DEDUCTIONS Clause in Contracts

METHOD OF PAYMENT OF CONTRIBUTIONS AND DEDUCTIONS. 5.01 The contributions referred to in Clause 4 shall be remitted monthly by cheque not later than the fifteenth (15th) day of the month following the month in which such hours were earned, together with a form supplied to Employers by the agency appointed by the Board of Trustees. The said agency shall remit monthly all such monies received to the funds and plans as provided for in Clause 4 and may make reasonable charge for administrative expenses as determined by the agency and approved by the Trustees of the recipient funds.

Appears in 12 contracts

Samples: Standard Agreement, Standard Agreement, Standard Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!