DEFINITION OF PAY TIME HOURS Sample Clauses

DEFINITION OF PAY TIME HOURS. Total pay time hours are the total hours in an assignment that can be multiplied by the Operator's straight time hourly rate of pay to determine the amount of pay in an assignment. Pay time hours are composed of all straight time hours and overtime hours when applicable. Overtime hours will be multiplied by one and one-half (1½). The extension of hours to straight time pay hours eliminates the necessity of an Operator multiplying his/her hours in an assignment by two (2) rates, namely, the straight time rate and the overtime rate.
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DEFINITION OF PAY TIME HOURS. 8 Total pay time hours are the total hours in an assignment that can be multiplied by 9 the Operator's straight time hourly rate of pay to determine the amount of pay in an 10 assignment. Pay time hours are composed of all straight time hours and overtime hours 11 when applicable. Overtime hours will be multiplied by one and one-half (1½). The 12 extension of hours to straight time pay hours eliminates the necessity of an Operator 13 multiplying his/her hours in an assignment by two (2) rates, namely, the straight time 14 rate and the overtime rate. 16 SECTION 2. OVERTIME PROVISIONS 17 18 (a) Operators Overtime 20 Operators shall be paid one and one-half (1½) times their straight time hours for all 21 work they perform that is in excess of eight (8) hours per day, except as provided 22 elsewhere in this Contract. 24 (b) Schedule Makers Overtime 26 Overtime shall be paid at time and a half (1½) rate of pay for all work Schedule 27 Makers performed in excess of eight (8) hours per day. Overtime shall be paid for work 28 on days off for all work hours in excess of forty (40) hours in the week. A holiday or 29 vacation will be considered a work day.

Related to DEFINITION OF PAY TIME HOURS

  • Definition of Regular Straight Time Rate of Pay The regular straight time rate of pay is that prescribed in wage schedule of the Collective Agreement.

  • Termination of Payments Notwithstanding section 2.2, no payments shall be due to Purchaser xXxx Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple. We refer to the result of this multiplication as the “Maximum Payment Amount.”

  • Calculation of Payments The State shall use the fee schedule set forth in Attachment E to the contract (Fee Schedule) in determining the value of the work performed up to the time of termination. In the case of partially completed engineering services, eligible costs will be calculated as set forth in Attachment E, Fee Schedule. The sum of the provisional overhead percentage rate for payroll additives and for general and administrative overhead costs during the years in which work was performed shall be used to calculate partial payments. Any portion of the fixed fee not previously paid in the partial payments shall not be included in the final payment.

  • No Duplication of Payments The Company shall not be liable under this Agreement to make any payment in connection with any Claim made against Indemnitee to the extent Indemnitee has otherwise actually received payment (under any insurance policy, Certificate of Incorporation, Bylaw or otherwise) of the amounts otherwise indemnifiable hereunder.

  • Annual Limitation of Payments by Applicant Section 5.1.

  • Application of Payment The monthly housing assistance payment shall be credited against the monthly rent to owner for the contract unit.

  • Limitation of Payments City’s obligation to pay the Consultant for services rendered pursuant to this Contract is conditioned upon the availability of City’s funds which are allocated to pay the Consultant. If funds are not allocated and available to pay the Consultant for these services, City may terminate this Contract at the end of the period for which the funds are available. City shall notify the Consultant at the earliest possible time if this agreement will or may be affected by a shortage of funds. No liability shall accrue to City in the event this provision is exercised, and the City shall not be obligated or liable for any future payments due or for any damages as a result of termination under this section. This provision shall not be construed so as to permit City to terminate this Contract in order to acquire similar services from another party. The Consultant shall be paid for any allowable services provided and expenses incurred prior to receipt of any such notification that City was terminating the Contract because of a shortage of funds.

  • Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment Whether or not any Loans are outstanding, extend the Expiration Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan or reduce the Commitment Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;

  • Definition of Overtime Overtime means those hours worked in excess of normal hours of work as per Article 8.1 (Normal Work Week).

  • Definition of a Grievance A grievance is defined as a dispute or disagreement as to the interpretation or application of the specific terms and conditions of this AGREEMENT.

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