HIGH TIME/HAZARD PREMIUM Sample Clauses

HIGH TIME/HAZARD PREMIUM. SECTION 1. Subject to the provisions of below, on jobs where Cement Masons are required to work from trusses, scaffolds, frames, ladders, etc., where the work platform is at a distance of forty (40) feet or more from the ground or floor level, they shall receive fifty cents ($0.50) premium pay per hour. Men working from a swinging scaffold, or suspended from a rope or cable, shall receive twenty-five cents ($0.25) per hour above their hourly base rate. SECTION 2. Hazard premium, as set forth herein, shall be paid to Employees only where there is an actual exposure to the hazard. Hazard premium shall not be paid where the erection of railings, guards or other adequate safety measures effectively eliminates the hazard of a free fall. SECTION 3. Hazard premium shall be paid only for the actual hours of exposure. Hazard premium shall be paid in one (1) hour increments. SECTION 4. The hazard premium shall be paid only to the members of a crew exposed to the hazard, and shall not be paid to Foremen or General Foremen unless they are exposed to the actual hazard.
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HIGH TIME/HAZARD PREMIUM. SECTION 1. Where Employees are required to work from trusses, scaffolds, frames, ladders, etc., where the work platform is at a distance of twenty (20) feet or more from the ground or floor level, they shall receive twenty-five cents ($0.25) premium pay per hour. SECTION 2. Hazard premium shall be paid to Employees only where there is an actual exposure to the hazard. Hazard premium need not be paid where the erection of railings, guards or other adequate safety measures effectively eliminates the hazard of a free fall. SECTION 3. Hazard premium shall be paid only for the actual hours of exposure. Hazard premium shall be paid in one (1) hour increments. SECTION 4. The hazard premium shall be paid only to the members of a crew exposed to the hazard.
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HIGH TIME/HAZARD PREMIUM. SECTION 1. Subject to the provisions contained herein, Hazard premium, on jobs where Employees are required to work from trusses, scaffolds, frames, ladders, etc., where the work platform is at a distance of fifty (50) feet or more from the ground or floor level, they shall receive twenty-five cents ($0.25) premium pay per hour. SECTION 2. Hazard premium shall be paid to Employees only where there is an actual exposure to the hazard. Hazard premium need not be paid where the erection of railings, guards or other adequate safety measures effectively eliminates the hazard of a free fall. SECTION 3. Hazard premium shall be paid only for the actual hours of exposure. Hazard premium shall be paid in one (1) hour increments. SECTION 4. The hazard premium shall be paid only to the members of a crew exposed to the hazard. SECTION 5. Hazard premium shall not be paid to the Xxxxxxx or General Xxxxxxx unless they are exposed to the hazard.
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HIGH TIME/HAZARD PREMIUM a. Where the Linemen work platform on wooden poles or towers is at a height of more than eighty (80) feet, they shall receive double the straight-time rate of pay for all time worked at such heights. This height premium pay shall not apply to substation or steel transmission tower erection. b. Hazard premium shall be paid to Employees only where there is an actual exposure to the hazard. Hazard premium need not be paid where the erection of railings or guards effectively eliminates the hazard of a free fall. c. Hazard premium shall be paid only for the actual hours of exposure. Hazard premium shall be paid in one (1) hour increments. d. The hazard premium shall be paid only to the members of a crew exposed to the hazard. e. Hazard premium shall not be paid to the Xxxxxxx or General Xxxxxxx unless they are exposed to the hazard.
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HIGH TIME/HAZARD PREMIUM. SECTION 1. Subject to the provisions contained herein, Hazard premium, on jobs where member are required to work from trusses, scaffolds, frames, ladders, etc., at a distance of fifty (50) feet or more from the ground or floor level, they shall receive twenty-five cents ($0.25) premium pay per hour. SECTION 2. Hazard premium shall be paid to employees only where there is an actual exposure to the hazard. Hazard premium need not be paid where the erection of railings, guards or other adequate safety measures effectively eliminates the hazard of a free fall. SECTION 3. Hazard premium shall be paid only for the actual hours of exposure. Hazard premium shall be paid in one (1) hour increments. SECTION 4. The hazard premium shall be paid only to the members of a crew exposed to the hazard. SECTION 5. Hazard premium shall not be paid to the Xxxxxxx or General Xxxxxxx unless he is exposed to the hazard.
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Related to HIGH TIME/HAZARD PREMIUM

  • REINSURANCE PREMIUM The YRT Reinsurance Premium for each coverage shall equal (i) x (ii) x (iii) / 1,000, where:

  • Special Hazard Loss Amount $ 0.00 --------------

  • Overtime and Premium Pay A nurse shall be paid at the rate of one and one- half (1½) times the nurse’s regular hourly rate of pay for all hours worked in any one category listed below, including statutory overtime pay under 9.4.1 or premium pay under 9.4.2 through

  • Weekend Premium An employee shall be paid a weekend premium of one dollar and forty-five cents ($1.45) per hour for each hour worked between 2400 hours Friday to 2400 hours Sunday or such other 48 hour period that the Hospital may establish. If an employee is in receipt of premium payment pursuant to a local scheduling regulation with respect to consecutive weekends worked, he will not receive weekend premium under this provision. Effective June 28, 2005, the weekend premium shall be increased to $1.55 per hour.

  • Night Shift Premium All hours worked by an employee between ten (10:00) p.m. and seven (7:00) a.m. shall be considered as shift work and paid for at the applicable straight time/overtime rate plus two ($2.00) dollars per hour shift premium for each full hour worked during this period. Night-shift premium shall not be added to the employee’s hourly rate of pay for the purpose of computing overtime pay.

  • Reinsurance Premiums A. The total Reinsurance Premium for the business ceded hereunder is the sum of the GMDB Reinsurance Premium, the EPB Reinsurance Premium and the GMIB Reinsurance Premium, each of which is defined separately in this article. B. The Reinsurance Premium rates and structure described above are subject to change in accordance with the criteria described in Article XV. GMDB AND EPB ------------ C. The total GMDB Reinsurance Premium for the business ceded hereunder is the sum of the GMDB Reinsurance Premium and the EPB Reinsurance Premium, each of which is defined separately in this article. GMDB CESSION PREMIUM -------------------- D. The GMDB Reinsurance Premium is expressed in terms of basis points and is defined in Exhibit II. E. The Cedent shall calculate, for each premium class, the Reinsurer's Percentage of the greater of the average aggregate GMDB value and the average aggregate account value for the reporting month. This value shall be applied to the GMDB Cession Premium rates per premium class on a 1/12th basis. EPB CESSION PREMIUM ------------------- F. The EPB Reinsurance Premium is an asset-based premium rate, expressed in terms of basis points, and is defined in Exhibit II. G. The Cedent shall calculate, for each premium class, the Reinsurer's Percentage of the average aggregate account value for the reporting month. This value shall be applied to the annualized EPB reinsurance premium rates per premium class on a 1/12th basis. The total EPB Cession Premium due for the month is the sum of the premiums calculated for each premium class. SPOUSAL CONTINUANCES -------------------- H. Spousal continuances will be covered under this Agreement to the extent that the surviving spouse satisfies the issue age restrictions and benefit limitations, as described in Schedule A, at time of continuance, and shall be deemed to be terminations followed by subsequent new issues for purposes of calculating Reinsurance Premiums. The new reinsurance premium rate applied shall be based off the attained age of the surviving spouse at the time of election of spousal continuance. After the termination of this Agreement for new cessions, a spousal continuation of a Reinsured Contract may be ceded to this Agreement in accordance with the procedure set forth in Article I, Paragraph D. GMIB ---- I. The GMIB cession premium ("GMIB Reinsurance Premium") is an asset-based premium rate, expressed in terms of basis points, as set forth in Exhibit II, and shall be calculated on an aggregate basis. J. The Cedent shall calculate the Reinsurer's Percentage of the greater of the average aggregate IBB value and the average aggregate account value for the reporting month. This value shall be applied to the annualized GMIB cession premium rates on a 1/12th basis.

  • Shift Premium Full-Time and Part-Time Employees shall be paid a shift premium of one dollar ($1.00) per hour for all hours worked where the majority of their scheduled hours fall between 1500 and 0700 hours.

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • Distributions to Certificateholders; Payment of Special Primary Insurance Premiums (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC II Available Distribution Amount, the REMIC II Distribution Amount to the Certificateholders (including the Class R Certificateholders with respect to any distribution to the Holders of the Class R-2 Residual Interest), all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by means of payment acceptable to the insurer under the respective Special Primary Insurance Policy. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register. (b) All reductions in the Certificate Principal Balance of a Certificate effected by distributions of principal and all allocations of Realized Losses made on any Distribution Date shall be binding upon all Holders of such Certificate and of any Certificate issued upon the registration of transfer or exchange therefor or in lieu thereof, whether or not such distribution is noted on such Certificate. The final distribution of principal of each Certificate (and the final distribution upon the Class R Certificates upon (i) the termination of REMIC I and REMIC II and (ii) the payment, or making provision for payment, of all liabilities of the Trust) shall be payable in the manner provided above only upon presentation and surrender thereof on or after the Distribution Date therefor at the office or agency of the Certificate Registrar specified in the notice delivered pursuant to Section 4.04(c)(ii) and Section 9.01(b). (c) Whenever, on the basis of Curtailments, Payoffs and Monthly Payments on the Mortgage Loans and Insurance Proceeds and Liquidation Proceeds received and expected to be received during the Payoff Period, the Master Servicer has notified the Trustee that it believes that the entire remaining unpaid Class Principal Balance of any Class of Certificates will become distributable on the next Distribution Date, the Trustee shall, no later than the 18th day of the month of such Distribution Date, mail or cause to be mailed to each Person in whose name a Certificate to be so retired is registered at the close of business on the Record Date and to the Rating Agencies a notice to the effect that: (i) it is expected that funds sufficient to make such final distribution will be available in the Certificate Account on such Distribution Date, and (ii) if such funds are available, (A) such final distribution will be payable on such Distribution Date, but only upon presentation and surrender of such Certificate at the office or agency of the Certificate Registrar maintained for such purpose (the address of which shall be set forth in such notice), and (B) no interest shall accrue on such Certificate after such Distribution Date.

  • PREMIUM TAX The Reinsurer will not reimburse the Ceding Company for premium taxes.

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