Common use of Payment of Step Increases After Expiration Clause in Contracts

Payment of Step Increases After Expiration. 1. It is agreed that any step increase which otherwise would be payable after the expiration of this Agreement, on June 30, 2017, may be suspended pending the execution of a new Agreement, in the event that a reasonable expectation exists, at or prior to the date this Agreement expires, that the Employer’s projected cash receipts in the calendar year in which this Agreement expires (the “Expiration Year”) will be less than its actual cash receipts in the immediately preceding calendar year (the “Prior Year”).

Payment of Step Increases After Expiration. (1. ) It is agreed that any step increase which otherwise would be payable after the expiration of this Agreement, on June 30December 31, 20172023, may be suspended pending the execution of a new Agreement, in the event that a reasonable expectation exists, at or prior to the date this Agreement expires, that the Employer’s projected cash receipts in the calendar year in which this Agreement expires (the “"Expiration Year”") will be less than its actual cash receipts in the immediately preceding calendar year (the “"Prior Year”").

Payment of Step Increases After Expiration. 1. It is agreed that any step increase which otherwise would be payable after the expiration of this Agreement, on June 30, 20172009, may be suspended pending the execution of a new Agreement, in the event that a reasonable expectation exists, at or prior to the date this Agreement expires, that the Employer’s projected cash receipts in the calendar year in which this Agreement expires (the “Expiration Year”) will be less than its actual cash receipts in the immediately preceding calendar year (the “Prior Year”).

Payment of Step Increases After Expiration. 1. It is agreed that any step increase which otherwise would be payable after the expiration of this Agreement, on June 30July 31, 20172014, may be suspended pending the execution of a new Agreement, in the event that a reasonable expectation exists, at or prior to the date this Agreement expires, that the Employer’s projected cash receipts in the calendar year in which this Agreement expires (the “Expiration Year”) will be less than its actual cash receipts in the immediately preceding calendar year (the “Prior Year”).

Payment of Step Increases After Expiration. (1. ) It is agreed that any step increase which otherwise would be payable after the expiration of this Agreement, on June 30, 20172003, may be suspended pending the execution of a new Agreement, in the event that a reasonable expectation exists, at or prior to the date this Agreement expires, that the Employer’s 's projected cash receipts in the calendar year in which this Agreement expires (the “"Expiration Year”") will be less than its actual cash receipts in the immediately preceding calendar year (the “"Prior Year”").

Payment of Step Increases After Expiration. 1. It is agreed that any step increase which otherwise would be payable after the expiration of this Agreement, on June 30, 20172003, may be suspended pending the execution of a new Agreement, in the event that a reasonable expectation exists, at or prior to the date this Agreement expires, that the Employer’s projected cash receipts in the calendar year in which this Agreement expires (the “Expiration Year”) will be less than its actual cash receipts in the immediately preceding calendar year (the “Prior Year”).

Payment of Step Increases After Expiration. (1. ) It is agreed that any step increase which otherwise would be payable after the expiration of this Agreement, on June 30December 31, 2017, may be suspended pending the execution of a new Agreement, in the event that a reasonable expectation exists, at or prior to the date this Agreement expires, that the Employer’s 's projected cash receipts in the calendar year in which this Agreement expires (the “"Expiration Year”") will be less than its actual cash receipts in the immediately preceding calendar year (the “"Prior Year”").

Payment of Step Increases After Expiration. 1. It is agreed that any step increase which otherwise would be payable after the expiration of this Agreement, on June 30, 20172012, may be suspended pending the execution of a new Agreement, in the event that a reasonable expectation exists, at or prior to the date this Agreement expires, that the Employer’s projected cash receipts in the calendar year in which this Agreement expires (the “Expiration Year”) will be less than its actual cash receipts in the immediately preceding calendar year (the “Prior Year”).

Payment of Step Increases After Expiration. (1. ) It is agreed that any step increase which otherwise would be payable after the expiration of this Agreement, on June 30December 31, 20172011, may be suspended pending the execution of a new Agreement, in the event that a reasonable expectation exists, at or prior to the date this Agreement expires, that the Employer’s 's projected cash receipts in the calendar year in which this Agreement expires (the “"Expiration Year”") will be less than its actual cash receipts in the immediately preceding calendar year (the “"Prior Year”").