Common use of NORTHEAST CORRIDOR EMPLOYER LIABILITY AND LATE PAYMENTS Clause in Contracts

NORTHEAST CORRIDOR EMPLOYER LIABILITY AND LATE PAYMENTS. (a) In the event of any failure or refusal of an Employer in the Northeast Corridor to pay wages under this Appendix or any other fixed financial obligations hereunder (except benefit and contribution), the Employer shall in addition to its liability for the principal amount owing, be liable for all expenses (including reasonable accountants’ fees, attorneys fees in accordance with the schedule herein below specified, court costs, etc.) that may be incurred in ascertaining the amount due and/or in connection with any suit or proceeding (civil or criminal) instituted against the Employer by reason of such default, and such additional liability may be recovered in such suit or proceeding. Attorneys’ fees shall be as follows: Amount of Principal Due Fee Below $500*… 30% of principal $500 or more but less than $1000… 25% of principal $1000 or more 20% of principal *Subject to a minimum fee of $50.00

Appears in 3 contracts

Samples: Iatse Independent Commercial Production Agreement, www.ialocal871.org, www.iatse492.com

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NORTHEAST CORRIDOR EMPLOYER LIABILITY AND LATE PAYMENTS. (a) In the event of any failure or refusal of an Employer in the Northeast Corridor to pay wages under this Appendix or any other fixed financial obligations hereunder (except benefit and contribution), the Employer shall in addition to its liability for the principal amount owing, be liable for all expenses (including reasonable accountants’ fees, attorneys attorneys’ fees in accordance with the schedule herein below specified, court costs, etc.) that may be incurred in ascertaining the amount due and/or in connection with any suit or proceeding (civil or criminal) instituted against the Employer by reason of such default, and such additional liability may be recovered in such suit or proceeding. Attorneys’ fees shall be as follows: Amount .Amount of Principal Due Fee Due. .Fee Below $500*… 30% of principal $500 or more but less than $1000… 25% of principal $1000 or more more… 20% of principal *Subject to a minimum fee of $50.00

Appears in 3 contracts

Samples: 2016 Commercial Production Agreement, 2016 Commercial Production Agreement, 2016 Commercial Production Agreement

NORTHEAST CORRIDOR EMPLOYER LIABILITY AND LATE PAYMENTS. (a) In the event of any failure or refusal of an Employer in the Northeast Corridor to pay wages under this Appendix or any other fixed financial obligations hereunder (except benefit and contribution), the Employer shall in addition to its liability for the principal amount owing, be liable for all expenses (including reasonable accountants’ fees, attorneys attorneys’ fees in accordance with the schedule herein below specified, court costs, etc.) that may be incurred in ascertaining the amount due and/or in connection with any suit or proceeding (civil or criminal) instituted against the Employer by reason of such default, and such additional liability may be recovered in such suit or proceeding. Attorneys’ fees shall be as follows: Amount of Principal Due Fee Below $500*… 30% of principal $500 or more but less than $1000… 25% of principal $1000 or more 20% of principal *Subject to a minimum fee of $50.00

Appears in 1 contract

Samples: 2013 Commercial Production Agreement

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NORTHEAST CORRIDOR EMPLOYER LIABILITY AND LATE PAYMENTS. (a) In the event of any failure or refusal of an Employer in the Northeast Corridor to pay wages under this Appendix or any other fixed financial obligations hereunder (except benefit and contribution), the Employer shall in addition to its liability for the principal amount owing, be liable for all expenses (including reasonable accountants’ fees, attorneys fees in accordance with wit the schedule herein below specified, court costs, etc.) that may be incurred in ascertaining the amount due and/or in connection with any suit or proceeding (civil or criminal) instituted against the Employer by reason of such default, and such additional liability may be recovered in such suit or proceeding. Attorneys’ fees shall be as follows: Amount of Principal Due Fee Below $500*… 30% of principal $500 or more but less than $1000… 25% of principal $1000 or more more… 20% of principal *Subject to a minimum fee of $50.00

Appears in 1 contract

Samples: 2007 Commercial Production Agreement

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