All Inclusive Rate Sample Clauses

All Inclusive Rate. Formula for all inclusive hourly rate: Regular hourly rate + 15% = all inclusive rate
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All Inclusive Rate. Unless otherwise stated in this Agreement, the rate of pay in Clause 5.1.1 above is an all inclusive rate whereby the rate of pay includes compensation for all allowances for additional skills, responsibility, qualifications, special rates, and any other disability associated with the work.
All Inclusive Rate. The Employees will be paid at the applicable All Inclusive Hourly Rate prescribed for their classification and grade and as set out in the sub-clause below headed "Remuneration". Subject to the provisions of this Agreement which may express provision for various allowances (including sunglasses allowance, overnight allowance, higher duties allowance, language allowance, wet suite subsidiary and Excess Hours Overtime), the All Inclusive Rate of Pay includes and incorporates ordinary hours and reasonable additional hours worked by a full time employee in accordance with clause 3.1 over a 12 month period and has been calculated on an "all inclusive" basis in recognition of the following relevant Award provisions:- • ordinary rate of pay, Monday to Sunday; • overtime penalties; • weekend penalties; • public holiday penalties; • meal allowances; • miscellaneous allowances; • laundry/uniform allowance; • annual leave loading; and • any other penalty rates as prescribed that would normally be incurred over a twelve (12) month period. No additional payments shall be made in recognition of the aforementioned provisions.

Related to All Inclusive Rate

  • Base Rate The greater of (a) the variable annual rate of interest announced from time to time by Agent at Agent's Head Office as its "prime rate" or (b) one-half of one percent (0.5%) above the Federal Funds Effective Rate (rounded upwards, if necessary, to the next one-eighth of one percent). The Base Rate is a reference rate and does not necessarily represent the lowest or best rate being charged to any customer. Any change in the rate of interest payable hereunder resulting from a change in the Base Rate shall become effective as of the opening of business on the day on which such change in the Base Rate becomes effective, without notice or demand of any kind.

  • Alternate Rate of Interest If prior to the commencement of any Interest Period for a Eurodollar Borrowing:

  • Overtime Rate In accordance with the applicable wage and hour laws, the overtime rate will be one and one-half (1-1/2) of an employee’s regular rate of pay. The regular rate of pay will not include any allowable exclusions.

  • Determination of One-Month LIBOR Pursuant to the terms of the Global Agency Agreement, the Global Agent shall calculate the Class Coupons for the applicable Classes of Notes (including MAC Notes on which the Exchange Administrator has directed the Global Agent to make payments) for each Accrual Period (after the first Accrual Period) on the applicable LIBOR Adjustment Date. “One-Month LIBOR” will be determined by using the “Interest Settlement Rate” for U.S. dollar deposits with a maturity of one month set by ICE Benchmark Administration Limited (“ICE”) as of 11:00 a.m. (London time) on the LIBOR Adjustment Date (the “ICE Method”). ICE’s Interest Settlement Rates are currently displayed on Bloomberg L.P.’s page “BBAM.” That page, or any other page that may replace page BBAM on that service or any other service that ICE nominates as the information vendor to display the ICE’s Interest Settlement Rates for deposits in U.S. dollars, is a “Designated Page.” ICE’s Interest Settlement Rates currently are rounded to five decimal places. If ICE’s Interest Settlement Rate does not appear on the Designated Page as of 11:00 a.m. (London time) on a LIBOR Adjustment Date, or if the Designated Page is not then available, One-Month LIBOR for that date will be the most recently published Interest Settlement Rate. If ICE no longer sets an Interest Settlement Rate, Freddie Mac will designate an alternative index that has performed, or that Freddie Mac (or its agent) expects to perform, in a manner substantially similar to ICE’s Interest Settlement Rate.

  • Wage Rate The hourly rates for full-time junior and adult apprentices as set out in this agreement shall apply to school based apprentices except that the school based apprentice for pay purposes will be paid a further 25% of hours to the actual hours worked for off the job training.

  • Mileage Rate The mileage rate for authorized travel – based on State of Florida rates on the Effective Date of this Agreement – is $0.445 per mile.

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