Common use of Payments to Trust Funds Clause in Contracts

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.

Appears in 4 contracts

Samples: Plasterers Master Agreement, Plasterers Master Agreement, Plasterers Master Agreement

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