FAILURE TO REMIT. In the event an Employer fails to remit contributions to these plans in conformity with this clause of the Agreement, the Employer shall, if in default more than ten (10) days after notification by the Union, pay the monies due thereunder and in addition thereto pay these plans a penalty in the amount of fifty dollars ($ 50.00). The Employer shall be responsible for loss of benefits to any employee because of the Employer's default action.
FAILURE TO REMIT. The Grantor shall not be (i) responsible for any loss or liability arising out of its failure, or the failure of its relevant branch, owing to causes outside its control (such as, but not limited to, the imposition of foreign exchange restrictions) to remit to the Participant any amount due to it under the Funded Participation or (ii) save as otherwise provided below or in Clause 4.6, liable to remit to the Participant any amount greater than the relevant Participant’s Proportion of any amount it receives from any Obligor in respect of any Participated Tranche (in the case of principal amounts) or the relevant Participant’s Facility B Proportion of any amount if received from any Obligor in respect of any Facility B Commitment or Facility B Facility B Loan (in all other cases). If the Grantor fails to make a payment to the Participant for the reasons set out in paragraph (i), then interest shall accrue (as well after as before judgment) on the unpaid balance of the sum from day to day at the rate (as determined by the Participant) which is being offered by leading banks in the relevant interbank market for overnight deposits in the currency of and for an amount equal to the unpaid balance. Interest shall be payable by the Grantor at the end of each day and, for the purposes of this Clause 4.5, shall constitute part of the unpaid balance to the extent it is not paid.
FAILURE TO REMIT. In the event an Employer fails to remit contributions to these plans in conformity with this Clause of the Agreement, the Employer shall, if in default more than ten
FAILURE TO REMIT. (a) In the event an Employer fails to remit contributions to these plans in conformity with this Agreement, the Employer shall, upon notice, if in default more than ten (10) days, pay the monies due thereunder and in addition thereto, pay these plans a penalty in the amount of fifty dollars ($50.). The Employer shall be responsible for loss of benefits to any employee because of the Employer’s default action.
FAILURE TO REMIT. The Grantor shall not be:
FAILURE TO REMIT. If the relevant Hotel fails to remit to OCC the applicable OCC Revenue Share by any Due Date, *** then (i) such unpaid OCC Revenue Share ***, as the case may be, shall bear interest at the rate of one and one half percent (1.5%) per month calculated daily, until paid, unless such rate exceeds the maximum rate allowed by applicable law, in which event the maximum legal rate shall apply.
FAILURE TO REMIT. Individual Employers working under the terms of this Agreement who fail to remit monies due as wages, contributions, and/or deductions as defined in Article II, Section 12 (NEBF), Article III, Section 3.06 (WAGES), Article III, Section 3.30 (WORKING DUES), Article III, Section 3.35 (4th District IBEW Health Fund) & (WV-OH Supplemental Health Fund), Article III, Section 3.36 (CREDIT UNION), Article III, Section 3.39 (VACATION), Article III, Section 3.40 (PENSION FUND), Article III, Section 3.43 (NECA-IBEW NATIONAL LMCC, WV-OH Regional LMCC), Article III, Section 3.44 (ADMINISTRATIVE FUND), Article IV, Section 4.16 (APPRENTICESHIP FUND) shall have this Agreement terminated upon five (5) working days notice in writing being served by the Union.
FAILURE TO REMIT. The Employer shall be responsible for loss of benefits to any Employee because of the Employer's default action.
FAILURE TO REMIT. (b) Failure of any Employer to remit to the Union the monies deducted from employees within two (2) weeks after deductions are made shall give the Union the right to take such action it deems necessary, including striking the Employer’s operations until such monies are paid to the Union. Notification to the Union
FAILURE TO REMIT. INVESTIGATION OF THE EMPLOYERS PAYROLL RECORDS . . . . . . . . . . . . .
