Common use of Monthly Contributions Clause in Contracts

Monthly Contributions. The Participating Employer contribution is to be remitted by the Participating Employer to the Trustees in equal monthly instalments in advance on or before the first business day of each month following the Participation Date. A Participating Employer shall deduct from the wages of a CAEAS/ECAB Participant in their employ the amount of Employee Contributions that the CAEAS/ECAB Participant is required by the Trustees to make, and shall remit such Employee Contributions to the Trustees, as and when required by the Trustees.