Common use of Prompt Payment Clause in Contracts

Prompt Payment. Notwithstanding Paragraph 5, the Company shall comply with the requirements of Paragraphs 2 through 4 based on its interpretation of the appropriate payout. If the process described in Paragraph 5 results in a requirement for an additional payout, said payout shall be made no more than fourteen (14) days after the date of the agreed upon resolution or issuance of the arbitrator's decision.

Appears in 24 contracts

Samples: Collective Bargaining Agreement (United States Steel Corp), Collective Bargaining Agreement, Collective Bargaining Agreement

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Prompt Payment. Notwithstanding Paragraph 56, the Company shall comply with the requirements of Paragraphs 2 through 4 5 based on its interpretation of the appropriate payout. If the process described in Paragraph 5 6 results in a requirement for an additional payout, said payout shall be made no more than fourteen (14) days after the date of the agreed upon resolution or issuance of the arbitrator's decision.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement (Oregon Steel Mills Inc)

Prompt Payment. Notwithstanding Paragraph 5the above, the Company shall comply with the requirements of Paragraphs 2 through paragraph's 2-4 above based on its interpretation of the appropriate payout. If the process described in Paragraph paragraph 5 above results in a requirement for an additional payout, said payout shall be made no more than fourteen (14) 14 days after the date of the agreed upon resolution or issuance of the arbitratorArbitrator's decisionaward.

Appears in 1 contract

Samples: Collective Bargaining Agreement (PAV Republic, Inc.)

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Prompt Payment. Notwithstanding Paragraph 5, the Company shall comply with the requirements of Paragraphs 2 through 4 based on its interpretation of the appropriate payout. If the process described in Paragraph 5 results in a requirement for an additional payout, said payout shall be made no more than fourteen (14) days after the date of the agreed upon resolution or issuance of the arbitrator's ’s decision.

Appears in 1 contract

Samples: Basic Labor Agreement

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