SECURITY FOR PAYMENT OF WAGES, ETC Sample Clauses

SECURITY FOR PAYMENT OF WAGES, ETC. 24.01 The Union will have the right to require an Employer to provide it with an irrevocable letter of credit from a chartered bank in the amount of Fifty Thousand Dollars ($50,000.00) or Two Thousand Dollars ($2,000.00) per employee, whichever is greater, for the duration of this Agreement where:
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SECURITY FOR PAYMENT OF WAGES, ETC. 15.01 Provided that the Agreement of the Association is first obtained, the Union may require any Employer bound by this Agreement, who is new to the industry or who has been repeatedly delinquent in making payments required by this Agreement, to pay to the Union a sum of no less than one hundred thousand dollars ($100,00.00) which shall be in addition to the letter of credit or security required in Article 16, or other form of security acceptable to the Union, E. & O.E. which sum or security is to be held by it on account of the failure of the Employer to pay to the Union or to or on behalf of any of the employees covered by this Agreement, any wages, vacation pay, union dues, travelling expenses, contributions to the Welfare Fund, Training Fund and Pension Fund, or any other payments or financial benefits payable to the Union or to or on behalf of the said employees in accordance with the terms and conditions of this Agreement. A Committee will be set up to work out a policy on Security for Payment of Wages. This Committee will consist of two (2) persons from the Association and two
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SECURITY FOR PAYMENT OF WAGES, ETC. 3.01 In the alternative to the above noted system, where an Employer who is bound to this Agreement has been found to be, or has agreed that it is in violation of the Agreement for the third time, and the damages payable to the Union, its members and/or others on behalf of the Union or its members, with respect to the third breach amount to ten thousand dollars ($10,000.00) or more, the Union may at any time thereafter require the Employer to pay to the Union a sum of no less than one hundred thousand dollars ($100,000.00), in the form of an irrevocable bond or other form of security acceptable to the Union, which sum of security is to be held by the Union on account of the failure of the Employer to pay to the Union or to or on behalf of any of the employees or members of the Union covered by the Agreement, any wages, vacation pay, union dues, travelling expenses, contributions to the various Trust Funds, or any other payments or financial benefits payable to the Union or to or on behalf of the said employees (including damages) in accordance with the terms and conditions of this Agreement. A Committee will be set up to work out a policy on Security for Payment of Wages. This Committee will be comprised of two (2) persons from the Association and two (2) persons from the Union.
Sample 1Sample 2
SECURITY FOR PAYMENT OF WAGES, ETC. 15.01 Provided that the Agreement of the Association is first obtained, the Union may require any Employer bound by this Agreement, who is new to the industry or who has been repeatedly delinquent in making payments required by this Agreement, to pay to the Union a sum of no less than one hundred thousand dollars ( $10 0 , 000 . 00) or other form of s ecurity acceptable to the Union, which sum or security is to be held by it on account of the failure of the Employer to pay to the Union or to or on behalf of any of the employees covered by this Agreement, any wages, vacation pay, union dues , travelling expenses , contribution s to the Welfare Fund, Training Fund and Pension Fund, or any other payments or financial benefits payable to the Union or to or on behalf of the said employees in accordance with the terms and conditions of this Agreement. A Committee will be s et up to work out a policy on Security for Payment of Wages. This Committee will comprise of two
Sample 1
SECURITY FOR PAYMENT OF WAGES, ETC. 21.01 The Union may at any time require any Employer bound by this Agreement to pay to the Union a sum of no less than two hundred and fifty thousand dollars ($250,000.00) or other form of security acceptable to the Union, which sum or security is to be held by it on account of the failure of the Employer to pay to the Union or to or on behalf of any of the employees covered by this Agreement, any wages, vacation pay, Union dues, travelling expenses, contributions to the Welfare Fund, Training Fund and Pension Fund, or any other payments or financial benefits payable to the Union or to or on behalf of the said employees in accordance with the terms and conditions of this Agreement. The Union shall hold the security for payment of wages for a period of not less than two (2) years.
Sample 1
SECURITY FOR PAYMENT OF WAGES, ETC. 24.01 The Union will have the right to require an Employer to provide it with an irrevocable letter of credit from a chartered bank in the amount of fifty thousand dollars ($50,000.00) or two thousand dollars ($2,000.00) per employee, whichever is greater, for the duration of this Agreement where:
Sample 1
SECURITY FOR PAYMENT OF WAGES, ETC. 13.01 Provided that the Agreement of the Association is first obtained, the Union may require any Employer bound by this Agreement, who is new to the industry or who has been repeatedly delinquent in making payments required by this Agreement, to pay to the Union a sum of no less than one hundred thousand dollars ($lOO,OOO.OO) or other form of security acceptable to the Union, which sum or security is to be held by it on account of the failure of the Employer to pay to the Union or to or on behalf of any of the employees covered by this Agreement, any wages, vacation pay, union dues, traveling expenses, contributions to the Welfare Fund, Training Fund and Pension Fund, or any other payments or financial benefits payable to the Union or to or on behalf of the said employees in accordance with the terms and conditions of this Agreement. A Committee will be set up to work out a policy on Security for Payment of Wages, This Committee will comprise of two (2) persons from the 50 Association and two (2) persons from the Union,
Sample 1
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Related to SECURITY FOR PAYMENT OF WAGES, ETC

  • Security for Payment To secure payment of all obligations due hereunder, the Customer hereby grants to Custodian a continuing security interest in and right of setoff against each Account and all Property held therein from time to time in the full amount of such obligations; provided that, if there is more than one Account and the obligations secured pursuant to this Section can be allocated to a specific Account or the Portfolio related to such Account, such security interest and right of setoff will be limited to Property held for that Account only and its related Portfolio. Should the Customer fail to pay promptly any amounts owed hereunder, Custodian shall be entitled to use available Cash in the Account or applicable Account, as the case may be, and to dispose of Securities in the Account or such applicable Account as is necessary. In any such case and without limiting the foregoing, Custodian shall be entitled to take such other action(s) or exercise such other options, powers and rights as Custodian now or hereafter has as a secured creditor under the New York Uniform Commercial Code or any other applicable law.

  • Arrangements for Payment of GAG and EAG 57) The Secretary of State shall notify the Company at a date preceding the start of each Academy Financial Year of the GAG and EAG figures in respect of each Academy which, subject to Parliamentary approval, the Secretary of State plans for that Academy Financial Year and of the assumptions and figures on which these are based.

  • Payment of Wages Wages will be paid weekly by electronic funds transfer (EFT). The employer shall comply with all provisions in relation to the keeping of time and wage records and production of pay slips in accordance with the Industrial Relations Xxx 0000. Each employee is responsible for the accurate and timely completion and provision of time sheets and production records.

  • Statement of Wages An Employer shall, on every pay day, provide to each employee a statement of wages of her pay period stating:

  • Retiree Benefits – Process for Payment Any bargaining unit nurse who retires and wishes to participate in the benefit plans as outlined in article 17.01(h) will provide advance payment of the benefits either through post-dated cheques provided on a yearly basis or through a preauthorized withdrawal process. It is understood that any transaction would be dated the first of each and every month. The Employer will notify the Union of the benefit costs to retired nurses in January of each year, and each time the benefit costs are renegotiated by the Employer.

  • Security for Performance In the event that Exhibit A Section 4 indicates the need for Consultant to provide additional security for performance of its duties under this Agreement, Consultant shall provide such additional security prior to commencement of its Required Services in the form and on the terms prescribed on Exhibit A, or as otherwise prescribed by the City Attorney.

  • Eligibility for Payment a) i) Except in the case of a disability arising out of an accident, an employee shall be eligible to receive an amount of disability benefit in accordance with Section 3 hereof, for a period not exceeding 52 weeks for any one illness, beginning after three (3) continuous days from the commencement of the disability, or beginning on the first day of hospital confinement as a bed patient, if earlier.

  • Payment of GST If GST is payable on any supply made by a Party (or any entity through which that Party acts) (Supplier) under or in connection with this Agreement, the recipient will pay to the Supplier an amount equal to the GST payable on the supply.

  • Payment of Bills Except as otherwise indicated herein or on the Service Order(s), Comcast will invoice Customer in advance on a monthly basis for all monthly recurring Service charges and fees arising under the Agreement. All other charges will be billed monthly in arrears. Customer shall make payment to Comcast for all invoiced amounts within thirty (30) days after the date of the invoice. Any amounts not paid to Comcast within such period will be considered past due. If a Service Commencement Date is not the first day of a billing period, Xxxxxxxx’s next monthly invoice shall include a prorated charge for the Services, from the date of installation to the first day of the new billing. In certain cases, Comcast may agree to provide billing services on behalf of third parties, as the agent of the third party. Any such third-party charges shall be payable pursuant to any contract or other arrangement between Customer and the third party. Comcast shall not be responsible for any dispute regarding these charges between Xxxxxxxx and such third party. Customer must address all such disputes directly with the third party.

  • Payment of Paid Personal/Carer’s Leave (a) If an employee takes a period of paid personal/xxxxx’s leave and meets the notice requirements set out at Clause 44.3 the employer must pay the employee at the employee’s base rate of pay for the employee’s ordinary hours of work in the period.

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