Preference Over Dues Sample Clauses
The 'Preference Over Dues' clause establishes that certain payments or obligations are given priority over other outstanding dues in the event of limited resources or insolvency. In practice, this means that specified creditors or types of claims—such as secured debts or statutory payments—will be satisfied before others, regardless of the order in which debts were incurred. This clause is essential for clarifying the order of payment, thereby reducing disputes among creditors and ensuring that critical obligations are met first.
Preference Over Dues. It is understood and agreed that other legally required deductions shall have preference over the aforesaid Labor Council dues.
Preference Over Dues. It is understood and agreed that other legally 39 required deductions shall have preference over the aforesaid Labor Council dues. 40 41 Section 3.3 Payment/Labor Council All dues collected under this Article shall be paid 42 by the Employer within thirty (30) days, together with a listing of the members for whom 43 deductions were made, to the Treasurer of F.O.P. Zanesville Lodge #5. 44 45
Preference Over Dues. It is understood and agreed that other legally required 32 deductions shall have preference over the aforesaid Labor Council dues. 33 34 Section 3.3 Payment/Labor Council All dues collected under this Article shall be paid by the 35 Employer, within thirty (30) days, together with a listing of the members for whom deductions were 36 made, to the Ohio Labor Council, ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇. 37