PENALTIES FOR DEFAULT. (a) In the event the Employer fails to remit contributions to the Pension Plan in conformity with the provisions of Article 15.05, the Employer shall, if in default more than ten (10) days after notification by the Union, pay the monies due thereunder and in addition thereto pay the Pension Plan a penalty in the amount of $50.00. The Employer shall also be responsible for loss of benefits to any employee because of the Employer's default action.
PENALTIES FOR DEFAULT. In the event that the Strategic Partner fails to remedy the Event of Default in such manner and in such term as indicated for that purpose in the respective Notice of Default, the Strategic Partner shall forfeit the right to receive the consideration referred to in Section 6.2 above for the preceding fiscal year to that on which the Event of Default may have occurred, as a contractual penalty for the damages and losses caused to the Airport Group, for which, they should reimburse to the Service Company said fee in the term of 10 (ten) days after it is requested. Additionally, if the default continues for other 30 (thirty) calendar days after the date on which the Strategic Partner should have remedied it, the Strategic Partner and any Related Person of the Strategic Partner shall forfeit the right to exercise the option to acquire the Optional Shares under the Option Agreement, and unless the option has been transferred under the Option Agreement and the registered holders of the Option are not Related Persons of the Strategic Partner, the Option Agreement shall be terminated.
PENALTIES FOR DEFAULT. OF THE EMPLOYER’S PAYROLL RECORDS EMPLOYER CEASING TO BE A MEMBER OF THE GREATER VANCOUVER HOTEL EMPLOYERS ASSOCIATION EMPLOYER CEASING TO PARTICIPATE IN THE HEALTH CARE PLAN TABLE OF CONTRIBUTIONS WAGE LOSS PROTECTION WORK INJURY PAY ON BEHALF OF EMPLOYEES IN RECEIPT OF WORKERS’ COMPENSATION TIME-LOSS BENEFITS POSSIBLE INTRODUCTION OF GOVERNMENT PROGRAMS ARTICLE LEAVES OF ABSENCE LEAVE OF ABSENCE: EMPLOYEE ELECTED TO UNION OFFICE LEAVE OF ABSENCE: UNION CONVENTIONS AND EDUCATIONAL PROGRAMS LEAVE TO APPEAR AS WITNESS ............ BEREAVEMENT LEAVE I MATERNITY LEAVE I ADOPTION LEAVE ........................
PENALTIES FOR DEFAULT. One of the things to look for in any contract is what happens in the event of a default. The most usual provision states that the contract can be terminated by the non-defaulting party if a party defaults. Some contracts provide for liquidated damages (that is, a definite dollar amount or formula amount to be paid if there is a breach). You should be aware of the consequences specified in the contract for breach. In contracts with hospitals, you should be particularly alert to a provision that provides that in the event a distributor breaches, it can be debarred from the hospital. While it is bad enough to be unable to sell to one of your potential customers, the consequences of debarment may be much greater. Many contracts between distributors of sophisticated medical devices and the manufacturers of the medical devices provide that the contract may be terminated if the distributor is debarred.
PENALTIES FOR DEFAULT. (a) In the event the Employer fails to remit contribu- tions to the Pension Plan in conformit with the of Article the Employer if in more than ten (10) after notification by the Union, pay the monies due and in addition thereto the Pension Plan a penalty in the amount of he Employer shall also be responsible for loss of ben- efits to any employee because of the Employer's default action. Payments of contributions to the Health Care Plan under Article which are not id on the due date, will bear interest from the date contribution was due until it is paid in full? at the prime rate per an- num charged by the bank appointed from time to time by the Trustees under the Trust Deed between the and the Union to its most credit worthy customers at the date such contribution was due plus one percentage The Employer shall also be responsible for loss of to any employee because of the Employer's de- fault action.
PENALTIES FOR DEFAULT. Completion and approval of the Project Report will record the Applicant’s benefit to the community. Failure to submit the Progress Report within 90 days of Project Completion, and to the satisfaction of the County, shall constitute a default of the Agreement. A penalty for default equaling 10% of the award will be charged for every 30 days the Progress Report is late. Applicant will have a total of 14 calendar days to correct unsatisfactory submission without penalty. Grantee will provide to Community Development a Project Report to include:
PENALTIES FOR DEFAULT
