Common use of Automatic Reduction Clause in Contracts

Automatic Reduction. The rate of wages will be automatically reduced if it is mutually agreed that a portion of these increases be allocated to payments unto the Various Funds. Payments for fringe benefits are provided under Article 13 hereof.

Automatic Reduction. The rate of wages will be automatically reduced if it is mutually agreed that a portion of these increases be allocated to payments unto into the Various Funds. Payments for fringe benefits are provided under Article 13 hereof13.

Automatic Reduction. The rate of wages will be automatically reduced if it is mutually agreed that a portion of these increases be allocated to payments unto into the Various Funds. Payments for fringe benefits are provided under Article 13 16 and Schedule A hereof.