Common use of Penalty for Late Payment of Funds Clause in Contracts

Penalty for Late Payment of Funds. (a) In the event that the Employer’s Remittance is late arriving at the Health Benefits In- Trust Desk after the 15th day of the month, as postmarked, the administrator will advise the Employer in writing by registered mail within forty-eight (48) hours of any delinquency.

Penalty for Late Payment of Funds. (a) In the event that the Employer’s Remittance is late arriving at the Health Benefits and Welfare In- Trust Desk after the 15th day of the month, as postmarked, the administrator will advise the Employer in writing by registered mail within forty-eight (48) hours of any delinquency.

Penalty for Late Payment of Funds. (a) In the event that the Employer’s Remittance is late arriving at the Health Benefits In- and Welfare In-Trust Desk after the 15th day of the month, as postmarked, the administrator will advise the Employer in writing by registered mail within forty-eight (48) hours of any delinquency.

Penalty for Late Payment of Funds. (a) In the event that the Employer’s Remittance is late arriving at the Health Benefits In- In-Trust Desk after the 15th day of the month, as postmarked, the administrator will advise the Employer in writing by registered mail within forty-eight (48) hours of any delinquency.