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Higher Rated Sample Clauses

Higher Rated. Job (i) Employees may temporarily relieve in or perform the principal duties and/or responsibilities of a higher paid position within the bargaining unit. These employees will be selected in order of seniority from the group of employees who possesses the necessary skills and/or qualifications, are trained to perform the work required and are readily available. When that position carries a wage range, the employee shall receive the next higher step than their previous rate or one ($1.00) dollar per hour, whichever is greater. (ii) The District shall make all reasonable efforts to backfill all Coordinator positions in Leisure Services for any planned absence of the regular incumbent greater than forty-eight (48) hours. The District shall endeavor to back fill Coordinator positions for absences where less that forty-eight (48) hours’ notice was given. Department Leader positions in Public Works Yard shall be filled for any absence of the regular incumbent. It shall be the Districts responsibility to ensure that anyone who relieves into a Coordinator / Department Leader position has received adequate training to perform the position. The 1st group of employees to be utilized to back fill these positions shall be as follows: *Subject to changes through Assistant Department Leader LOA (iii) Such a temporary promotion shall not exceed six (6) consecutive weeks unless mutually agreed between the District and Union.
Sample 1Sample 2See All (4)
Higher Rated. Job - means a job where the highest rate is higher than the highest rate for job to which it is being compared. A lower rated job shall mean the opposite.
Sample 1Sample 2Sample 3
Higher Rated. Job - the pay scale for the secondary position when the principal duties of the position are being performed. When that position carries a wage range, the employee shall receive the next higher step than their primary positions' rate or Seventy-Five ($.75) cents per hour, whichever is greater.
Sample 1Sample 2
Higher Rated. Job (i) Employees may temporarily relieve in or perform the principal duties and/or responsibilities of a higher paid position within the bargaining unit. These employees will be selected in order of seniority from the group of employees who possesses the necessary skills and/or qualifications, are trained to perform the work required and are readily available. When that position carries a wage range, the employee shall receive the next higher step than their previous rate or seventy-five (75) cents per hour, whichever is greater.
Sample 1Sample 2

Related to Higher Rated

  • Interest Rates All outstanding Term Loans to the Borrower shall bear interest on the unpaid principal amount thereof (including, to the extent permitted by law, on interest thereon not paid when due) from the date made until paid in full in cash at a rate determined by reference to the Base Rate or Adjusted Term SOFR plus the Applicable Margin, but not to exceed the Maximum Rate. If at any time Term Loans are outstanding with respect to which the Borrower has not delivered to the Agent a notice specifying the basis for determining the interest rate applicable thereto in accordance herewith, those Term Loans shall be treated as Base Rate Loans until notice to the contrary has been given to the Agent in accordance with this Agreement and such notice has become effective. Except as otherwise provided herein, the Term Loans shall bear interest as follows: (i) For all Base Rate Loans, at a fluctuating per annum rate equal to the Base Rate plus the Applicable Margin; and (ii) For all SOFR Rate Loans, at a fluctuating per annum rate equal to Adjusted Term SOFR plus the Applicable Margin. Each change in the Base Rate (or any component thereof) shall be reflected in the interest rate applicable to Base Rate Loans as of the effective date of such change. All computations of interest for Base Rate Loans when the Base Rate is determined by the “prime rate” shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). On the last Business Day of each calendar quarter hereafter and on the Termination Date, the Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest accrued from the last Business Day of the preceding calendar quarter to the last Business Day of such calendar quarter (or accrued to the Termination Date in the case of a payment on the Termination Date) on all Base Rate Loans in arrears. The Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest on all SOFR Rate Loans in arrears on each SOFR Interest Payment Date.

Most Referenced Clauses

Most Referenced Definitions