PLAN CREDITS AVAILABLE FOR PAYMENT OF BENEFITS. (1) Payments shall only be made to eligible members from the Bank by the Board so long as the Bank has a credit balance. The balance available for payment to members shall be debited by all payments to members provided for hereunder and shall be credited during the initial assessment period as follows:
Appears in 8 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
PLAN CREDITS AVAILABLE FOR PAYMENT OF BENEFITS. (1) Payments shall only be made to eligible members from the Bank by the Board so long as the Bank has a credit balance. The balance available for payment to members shall be debited by all payments to members provided for hereunder and shall be credited during the initial assessment period as follows:
Appears in 1 contract
Samples: Collective Agreement
PLAN CREDITS AVAILABLE FOR PAYMENT OF BENEFITS. (1) Payments shall only be made to eligible members from the Bank by the Board so long as the Bank has a credit balance. The balance available for payment to members shall be debited by all payments to members provided for hereunder and shall be credited during the initial assessment period as follows:
Appears in 1 contract
Samples: Collective Agreement
