Common use of VACATION PAY TRUST FUND Clause in Contracts

VACATION PAY TRUST FUND. The Local Vacation Pay Trust Fund shall continue and the payments required under Article 13.00 of the Agreement shall be made monthly by the Employer not later than the fifteenth (15th) day of the month immediately following the month in which hours and accrued monies were earned and at no time shall the payments be made to any individual employee. Remittance shall be made in accordance with the provisions of Article 14.00 of the Agreement.

VACATION PAY TRUST FUND. The Local Vacation Pay Trust Fund shall continue and the payments required under Article 13.00 of the Agreement shall be made monthly by the Employer not later than the fifteenth (15th) day of the month immediately following fol- lowing the month in which hours and accrued monies were earned and at no time shall the payments be made to any individual employee. Remittance shall be made in accordance accor- dance with the provisions of Article 14.00 of the Agreement.

VACATION PAY TRUST FUND. The Local Vacation Pay Trust Fund shall continue and the payments required under Article 13.00 of the Agreement shall be made monthly by the Employer not later than the fifteenth (15th) day of the month immediately following fol- lowing the month in which hours and accrued monies were earned and at no time shall the payments be made to any individual employee. Remittance shall be made in accordance In accor- dance with the provisions of Article 14.00 of the Agreement.