Carry-Over Provisions. The provisions of this article are in addition to the provisions of Article 12(e), and nothing in this article shall be construed to modify or amend the provisions of Article 12(e). Any contractor electing to sell project water during any year in accordance with the provisions of subdivision (d) of this article, shall not be precluded from using the provisions of Article 12(e) for carrying over water from the last three months of that year into the first three months of the succeeding year.
Carry-Over Provisions. 31.4.1 When in any fiscal year an employee has not been granted all of the vacation leave credited to him, the unused portion of his vacation leave shall be carried over into the following fiscal year to a maximum of two hundred sixty-two decimal five (262.5) hours leave. The 262.5 hours limit may only be exceeded where the Council cancels a previously scheduled period of vacation leave and the employee reschedules the excess for use at a later date or where the employee was unable to schedule or take vacation leave due to operational requirements. Earned and unused vacation leave credits in excess of the 262.5 hours shall be compensated monetarily at the end of the fiscal year at the employee’s daily rate of pay as calculated from the employee’s substantive position unless the employee has been in an acting position for more than six months on March 31.
31.4.2 Notwithstanding paragraph 31.4.1, if an employee becomes subject to this Agreement and has more than two hundred sixty- two decimal five (262.5) hours of unused vacation leave credits, a minimum of seventy-five (75) hours per year shall be granted or paid in cash by March 31st of each year, until all vacation leave credits in excess of two hundred sixty-two decimal five (262.5) hours have been liquidated. Payment shall be in one installment per year and shall be at the employee's daily rate of pay as calculated from the employee’s substantive position on March 31 of each year.
31.4.3 The Council shall provide the Association with a detailed summary of annual leave usage, carry-over and drawdown statistics for the TO Group upon request once per fiscal year.
Carry-Over Provisions. Employees are not permitted to carry over more annual leave credits than can be earned in one (1) fiscal year. Annual leave credits exceeding a one (1) year entitlement will be liquidated in cash in the month of May.
Carry-Over Provisions. The provisions of this article are in addition to the provisions of Article 12(e), and nothing in this article shall be construed to modify or amend the provisions of Article 12(e). Any contractor electing to sell project water during any year in accordance with the provisions of subdivision (d) of this article, shall not be precluded from using the provisions of Article 12(e) for carrying over water from the last three months of that year into the first three months of the succeeding year.
(f) Bona Fide Exchanges Permitted Nothing in this article shall be deemed to prevent the Agency from entering into bona fide exchanges of project water for use outside the Agency’s service area with other parties for project water or nonproject water if the State consents to the use of the project water outside the Agency’s service area. Also, nothing in this article shall be deemed to prevent the Agency from continuing those exchange or sale arrangements entered into prior to September 1, 1995, which had previously received any required State approvals. A “bona fide exchange” shall mean an exchange of water involving a contractor and another party where the primary consideration for one party furnishing water to another is the return of a substantially similar amount of water, after giving due consideration to the timing or other nonfinancial conditions of the return. Reasonable payment for costs incurred in effectuating the exchange and reasonable deductions from water delivered, based on expected storage or transportation losses may be made. A “bona fide exchange” shall not include a transfer of water from one contractor to another party involving a significant payment unrelated to costs incurred in effectuating the exchange. The State, in consultation with the contractors, shall have authority to determine whether transfers of water constitute “bona fide exchanges” within the meaning of this paragraph and not disguised sales.
Carry-Over Provisions. 31.4.1 When in any fiscal year an employee, to whom Schedules 2 (Supervisory) and 1, 2, 4, 5, and 6 (Non-supervisory) of the Pay Schedules apply, has not been granted all of the vacation leave credited to him, the unused portion of his vacation leave shall be carried over into the following fiscal year to a maximum of two hundred sixty-two decimal five (262.5) hours leave. The 262.5 hours limit may only be exceeded where the Council cancels a previously scheduled period of vacation leave and the employee reschedules the excess for use at a later date or where the employee was unable to schedule or take vacation leave due to operational requirement. Earned and unused vacation leave credits in excess of the 262.5 hours shall be compensated monetarily at the end of the fiscal year at the employee’s daily rate of pay as calculated from the employee’s substantive position unless the employee has been in an acting position for more than six months on March 31.
31.4.2 Notwithstanding paragraph 31.4.1, if an employee has more than two hundred sixty-two decimal five (262.5) hours of unused vacation leave credits, a minimum of seventy five (75) hours per year shall be granted or paid in cash by March 31st of each year, until all vacation leave credits in excess of two hundred sixty-two decimal five (262.5) hours have been liquidated. Payment shall be in one instalment per year and shall be at the employee's daily rate of pay as calculated from the employee’s substantive position on March 31 of each year.
31.4.3 When in any fiscal year an employee, to whom Schedules 3 (Supervisory) and 3 (Non-supervisory) of the Pay Schedules apply, has not been granted all of the vacation leave credited to him, the unused portion of his vacation leave shall be carried over into the following fiscal year to a maximum of two hundred eighty (280) hours leave. The 280 hours limit may only be exceeded where the Council cancels a previously scheduled period of vacation leave and the employee reschedules the excess for use at a later date or where the employee was unable to schedule or take vacation leave due to operational requirement. Earned and unused vacation leave credits in excess of the 280 hours shall be compensated monetarily at the end of the fiscal year at the employee’s daily rate of pay as calculated from the employee’s substantive position unless the employee has been in an acting position for more than six months on March 31. 31.4.4 Notwithstanding paragraph 31.4.3, if an em...
Carry-Over Provisions. With respect to any month in which the calculated Monthly Capacity Payment is less than the Minimum Monthly Capacity Payment, the difference between the two payment amounts shall be set forth in a separate account (the amount in such account is referred to herein as the “Capacity Payment Shortfall”). The Capacity Payment Shortfall shall be increased by interest at the Prime Rate divided by 365 on the maximum amount of the Capacity Payment Shortfall on that day and shall be recovered by Buyer as a credit against the otherwise applicable Monthly Capacity Payment owed to Seller in any following month and by drawing on the Carry-Over-Letter of Credit as provided below. That portion of any Capacity Payment Shortfall which is not recovered in any month shall be carried over to each subsequent month thereafter until recovered by Buyer in full from Seller. If the Capacity Payment Shortfall exceeds $[?], then Seller shall provide a Letter of Credit for the benefit of Buyer, in form reasonably acceptable to Buyer, with a face amount equal to the full amount of the Capacity Payment Shortfall amounts (“Carry-Over Letter of Credit”). The amount of such Carry-Over Letter of Credit shall be adjusted thereafter, at the end of each month, to equal the then- outstanding Capacity Payment Shortfall. At the end of each Contract Year, Buyer shall be entitled to draw down against the Carry-Over Letter of Credit for the amount the Capacity Payment Shortfall that has not been recovered as of that date.
Carry-Over Provisions. Where in any fiscal year an employee has not been granted all of the vacation leave credited to the employee, the unused portion of the employee’s vacation leave shall be carried over into the following fiscal year. Carry‐over will be limited to a maximum of one (1) year’s entitlement
Carry-Over Provisions. (a) Employees shall be entitled to carry earned but unused vacation credits over into the following fiscal year to a maximum of two hundred sixty-two decimal five (262.5) hours leave. The 262.5 hours limit may only be exceeded where the Council cancels a previously scheduled period of vacation leave and reschedules the excess for use at a later date or where the employee was unable to schedule vacation leave based on management’s request. Earned and unused vacation leave credits in excess of the 262.5 hours shall be compensated monetarily at the end of the fiscal year at the employee’s daily rate of pay as calculated from the employee’s substantive position.
(b) Notwithstanding paragraph (a), if on May 11, 2009 or on the date an employee becomes subject to this Agreement after May 11, 2009, an employee has more than two hundred sixty-two decimal five (262.5) hours of unused vacation leave credits, a minimum of seventy five (75) hours per year shall be granted or paid in cash by March 31st of each year, commencing on March 31, 2010 until all vacation leave credits in excess of two hundred sixty-two decimal five (262.5) hours have been liquidated. Payment shall be in one installment per year and shall be at the employee's daily rate of pay as calculated from the employee’s substantive position on March 31 of the previous vacation year.
Carry-Over Provisions. Employees shall be entitled to carry unused vacation credits over into the following fiscal year to a maximum of two hundred sixty-two decimal five (262.5) hours leave. The two hundred sixty-two decimal five (262.5) hours limit may only be exceeded where the Council cancels a previously scheduled period of vacation leave and the employee reschedules the excess for use at a later date or where the employee was unable to schedule leave or take vacation leave due to operational requirements. Earned and unused vacation leave credits in excess of two hundred sixty-two decimal five (262.5) hours shall be paid at the end of the fiscal year at the employee's daily rate of pay.
Carry-Over Provisions a) Where in any vacation year the Employer has not granted all of the vacation leave credited to the employee, the unused portion of his vacation leave shall be carried over into the following vacation year. Carry- over beyond one year will be by mutual consent. b) Employees shall submit their written request for carry-over stating the amount of vacation leave to be carried forward, the reason for this request, and, where possible, the specific dates when the carried- over vacation leave will be taken.
