Payments to Trust Funds Sample Clauses

Payments to Trust Funds. Section 1. Due Date. Payments to the Plastering Industry Welfare Trust Fund, Northern California Plastering Industry Pension Trust Fund, Operative Plasterers Local Union No. 66 Supplemental Retirement Benefit Fund, Operative Plasterers Local Union No. 66 Journeyman and Apprentice Training Trust Fund, and the Plastering Industry Labor-Management Cooperation Committee Trust Fund (Trust Funds) shall be due and payable monthly on or before the fifteenth (15th) day of the month following the month in which the work was performed. Postmarks will not be accepted to show timely payment. Whenever the fifteenth (15th) day of the month falls on a Saturday, Sunday or legal holiday, contributions received on the following business day shall be accepted as timely.
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Payments to Trust Funds. SECTION 1: Contributions to the Glaziers, Architectural Metal & Glass Workers Joint Apprenticeship & Journeyman Training Trust, the Glazing Industry Fund, the LMCI Fund, the FTI Fund, Employee Painters’ Trust (Health and Welfare Plan) Western Glaziers Pension Trust and Vacation/Holiday pay, as required under ARTICLES X, XI, XII, XIII, XIV, and XV, shall be due and payable in Portland, Oregon, at the place of business designated by the Trustees and shall be made in regular monthly installments. The monthly installments shall be due and payable on or before the tenth (10th) day of each month during the terms hereof and shall cover the contributing Employer's payroll ending closest to the last day of the preceding calendar month. Contributions shall be deemed delinquent after the twentieth (20th) day of each month during the term hereof. Each monthly contribution shall be accompanied by a payroll report in the form prescribed by the Trustees.
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Payments to Trust Funds. TRANSFER OF MONEY FROM WAGES TO BENEFIT FUNDS
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Payments to Trust Funds. Section A. Current Trust Funds
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Payments to Trust Funds. Section 1. All payments provided for in Articles XVI, XVII, and XVI II, shall be due and payable monthly on or before the 15th day, and must be paid not later than the 20th day, of each calendar month, for all work performed in the preceding month. Administrators of the Trust Funds shall in each case provide each I/E with a form of report to be filled out and mailed by the I/E with his contribution to the place designated by the Administrators. Such reports and contributions must be in the hands of the Administrators, or mailed and postmarked, not later than the 20th of the month, or else the I/E shall be deemed and held to be delinquent in the monthly payments required by such articles. Reports and contributions sent in through the mail must be postmarked no later than the 20th of the month or they shall be deemed and held to be delinquent.
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Payments to Trust Funds. Article 17, Section 1 shall be amended to read as follows:
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Payments to Trust Funds 
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Related to Payments to Trust Funds

  • Money for Note Payments to Be Held in Trust If the Company shall at any time act as its own Paying Agent, it shall, on or before each due date of any payment in respect of any of the Notes, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to make the payment so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided and shall promptly notify the Trustee of its action or failure so to act. Whenever the Company shall have one or more Paying Agents, it will, prior to each due date of any payment in respect of any Notes, deposit with a Paying Agent a sum sufficient to pay such amount, such sum to be held as provided by the Trust Indenture Act, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company shall cause each Paying Agent other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 3.03, that such Paying Agent will (i) comply with the provisions of the Trust Indenture Act applicable to it as a Paying Agent and (ii) during the continuance of any default by the Company (or any other obligor upon the Notes) in the making of any payment in respect of the Notes, upon the written request of the Trustee, forthwith pay to the Trustee all sums held in trust by such Paying Agent as such. The Company may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or by Company Order direct any Paying Agent to pay, to the Trustee all sums held in trust by the Company or such Paying Agent, such sums to be held by the Trustee upon the same trusts as those upon which such sums were held by the Company or such Paying Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying Agent shall be released from all further liability with respect to such money. Any money deposited with the Trustee or any Paying Agent, or then held by the Company, in trust for the making of payments in respect of any Note and remaining unclaimed for two years after such payment has become due shall be paid to the Company on Company Request, or (if then held by the Company) shall be discharged from such trust; and the Holder of such Note shall thereafter, as an unsecured general creditor, look only to the Company for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment, may at the expense of the Company cause to be published once, in a newspaper published in the English language, customarily published on each Business Day and of general circulation in The City of New York, notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than 30 days from the date of such publication, any unclaimed balance of such money then remaining shall be repaid to the Company. In the absence of a written request from the Company to return funds remaining unclaimed for two years after such payment has become due to the Company, the Trustee shall from time to time deliver all unclaimed payments to or as directed by applicable escheat authorities, as determined by the Trustee in its sole discretion, in accordance with the customary practices and procedures of the Trustee. Any such unclaimed funds held by the Trustee pursuant to this Section 3.03 shall be held uninvested and without any liability for interest.

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