Common use of Collection Actions Clause in Contracts

Collection Actions. EISB may institute legal proceedings to collect delinquent Employer contributions, contributions required by applicable laws (such as the Federal Family Leave Act or the National Labor Relations Act), liquidated damages, interest, attorney’s fees and other costs of collection. Such proceedings may be instituted in EISB’s name on behalf of and as agent for the signatories to the Joint Services Agreement, or the claim may be assigned by the EISB Board of Directors to a third person or entity for collection. The Employer shall reimburse EISB or its assignee, for reasonable attorney’s fees, audit fees, costs of attachment bonds, private investigator fees, court costs, collection agency fees, and all other reasonable expenses of whatever nature incurred in connection with such suit or claim, including any and all appellate proceedings therein. If an applicable collective bargaining agreement contains provisions relating to collections that specify additional remedies, or obligate the delinquent Employer to greater amounts of liquidated damages, interest, attorney’s fees or other charges than those set forth herein, EISB may pursue the additional remedies or impose the greater charges. An Employer shall remain liable for the payment of liquidated damages, interest and other charges even if it makes a late payment, in full, of principal, unless such damages are waived by the EISB Board of Directors. The contractual obligation to pay such damages, interest and other charges accrued to the date the principal amount is paid and shall at all times remain enforceable by EISB pursuant to ERISA and/or § 301 of the ▇▇▇▇-▇▇▇▇▇▇▇ Act.