Apprentice to Journeyman Ratio Sample Clauses

Apprentice to Journeyman Ratio. NOTWITHSTANDING the provisions of Article 6.03 herein, the Contractor and the Union shall meet within thirty (30) days of the ratification of this Agreement and agree upon a ratio of Apprentice to Journeyman for the duration of this Agreement, recognizing the current imbalance of Apprentice to Journeyman ratio. The parties shall meet on at least an annual basis to review the ratio and the levels of Apprentices and Journeymen in the industry, with a view to implementing Article 6.03.
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Apprentice to Journeyman Ratio. Section 5.12. Each job site shall be allowed a ratio of Apprentices to Journeymen as follows: Number of Journeymen 6 & above Maximum Number of Apprentices 3(J) to 2 (A) The first person assigned to any job site shall be a Journeyman Xxxxxxx. A job site is considered to be the physical location where employees report for their work assignments. The employer’s shop (service center) is considered to be a separate, single job site. All other physical locations where workers report for work are each considered to be a single, separate job site.
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Apprentice to Journeyman Ratio. NOTWITHSTANDING the provisions of Article herein, the Contractor and the Union shall meet within thirty (30) days of the ratification of this Agreement and agree upon a ratio of Apprentice to Journeyman for the duration of this Agreement, recognizing the current imbalance of Apprentice to Journeyman ratio. The parties shall meet on at least an annual basis to review the ratio and the levels of Apprentices and Journeymen in the industry, with a view to implementing Article Signed Toronto this of February, For The Electrical Contractors For The Local Union LETTER OF UNDERSTANDING Re: Update Training for Journeymen with Provisional Licenses The and Local will endeavor to have all Journeymen with Provisional licenses write the Domestic and Rural examination by December In an effort to bring closure to the issue of unlicensed workers, Local will offer Certificate of Qualification preparation remedial updating courses at the Office, contractors Offices (if agreeable to the contractor) or any other agreeable location. Committee, Signed in Toronto this day of February, Xxx Fashion Local
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Apprentice to Journeyman Ratio. On all work operations coming under the terms of this agreement, the apprentice-to- journeyman ratio shall be one (1) apprentice to four (4) journeyman on any one project. More apprentices may be agreed to under special circumstance by consent of the Business Manager. The parties agree to negotiate a trainee provision at 55% of Journeyman Scale and when negotiated, it will be included as an addendum to this Agreement. The Union agrees that if an employer signatory to this Agreement has an agreement with other crafts (carpenters, laborers, operating engineers) to perform non-prevailing wage rate work at a wage rate of at least 70% of the rate listed in this Agreement, the Union will encourage the Ironworkers International to enter into said agreement. ADDENDUM A lists the amount of EMPLOYER contributions to all fringe benefit funds pursuant to Article 8 of this Agreement. Negotiated increases for May 2016, May 2017, and May 2018 will be distributed as timely requested by the Union, PROVIDED: (A) Union furnishes written assurances that Pension Contribution Rate complies with minimum funding required by Pension Protection Act of 2006; (B) At no time will the wage rate decrease, as such is prohibited by the Illinois Department of Labor; and (C) Health & Welfare Contribution rate as mutually agreed to.
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Apprentice to Journeyman Ratio. Each establishment employing one (1) ------------------------------ or more Journeymen shall be entitled to one (1) apprentice and the employment of five (5) or more Journeymen entitles the establishment of two (2) apprentices and one (1) additional apprentice shall be allowed for each four
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Related to Apprentice to Journeyman Ratio

  • Laws Affecting LIBOR Rate Availability If, after the date hereof, the introduction of, or any change in, any Applicable Law or any change in the interpretation or administration thereof by any Governmental Authority, central bank or comparable agency charged with the interpretation or administration thereof, or compliance by any of the Lenders (or any of their respective Lending Offices) with any request or directive (whether or not having the force of law) of any such Governmental Authority, central bank or comparable agency, shall make it unlawful or impossible for any of the Lenders (or any of their respective Lending Offices) to honor its obligations hereunder to make or maintain any LIBOR Rate Loan, such Lender shall promptly give notice thereof to the Administrative Agent and the Administrative Agent shall promptly give notice to the Borrower and the other Lenders. Thereafter, until the Administrative Agent notifies the Borrower that such circumstances no longer exist, (i) the obligations of the Lenders to make LIBOR Rate Loans and the right of the Borrower to convert any Loan or continue any Loan as a LIBOR Rate Loan shall be suspended and thereafter the Borrower may select only Base Rate Loans hereunder, and (ii) if any of the Lenders may not lawfully continue to maintain a LIBOR Rate Loan to the end of the then current Interest Period applicable thereto as a LIBOR Rate Loan, the applicable LIBOR Rate Loan shall immediately be converted to a Base Rate Loan for the remainder of such Interest Period.

  • Soldiers' and Sailors' Civil Relief Act The Mortgagor has not notified the Seller, and the Seller has no knowledge of any relief requested or allowed to the Mortgagor under the Relief Act or any similar state statute;

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending September 30, 2017, to exceed the ratio set forth below with respect to such fiscal quarter: Fiscal Quarter Maximum Total Leverage Ratio Fiscal quarter ending September 30, 2017 5.50 to 1.00 Fiscal quarter ending December 31, 2017 4.50 to 1.00 Fiscal quarter ending March 31, 2018 4.50 to 1.00 Fiscal quarters ending June 30, 2018 and thereafter 3.00 to 1.00

  • Minimum Amounts; Limitation on Number of Borrowings At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type may be outstanding at the same time, provided that there shall not at any time be more than a total of 8 Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.

  • Benchmark Unavailability Period Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any pending request for a SOFR Borrowing of, conversion to or continuation of SOFR Loans to be made, converted or continued during any Benchmark Unavailability Period and, failing that, the Borrower will be deemed to have converted any such request into a request for a Borrowing of or conversion to Base Rate Loans. During a Benchmark Unavailability Period or at any time that a tenor for the then-current Benchmark is not an Available Tenor, the component of Base Rate based upon the then-current Benchmark or such tenor for such Benchmark, as applicable, will not be used in any determination of Base Rate.

  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Maximum Leverage Permit, as of any fiscal quarter end, the ratio of (a) Adjusted Portfolio Equity as of such fiscal quarter end to (b) Funded Debt as of such fiscal quarter end, to be less than 5.00 to 1.00.

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