Holiday Payments Sample Clauses

Holiday Payments. If any payment to be made by the Borrower hereunder shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such payment.
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Holiday Payments. Employees continue to receive holiday pay for those holidays that fall during the first twenty-six (26) weeks of a workers’ compensation leave. After the initial twenty-six (26) week period of a workers’ compensation leave there shall be no further payment of holiday pay until the employee is able to return to full duty.
Holiday Payments. If any payment to be made by the Borrower hereunder shall become due on a Saturday, Sunday or business holiday under the laws of the District of Columbia, such payment shall be made on the next succeeding business day and such extension of time shall be included in computing any interest in respect of such payment.
Holiday Payments. 20.5.1 Employees who are required to work on the day a holiday is observed (meaning the period from 12 midnight to 12 midnight of the day observed as the holiday) shall be paid two and one-half (2-1/2) times his/her basic rate of pay for all hours worked. In addition, for all hours not worked by the employee within the hours of his/her scheduled tour on the day the holiday is observed, he/she shall be paid at his/her basic rate of pay. As used in this subparagraph, the hours of an employee's scheduled tour on an observed holiday shall not exceed eight (8) and will be the same as the first hours of those scheduled in the last scheduled tour of the employee preceding the day on which the holiday is observed.
Holiday Payments. If any payment to be made by the Borrower hereunder shall become due on a Saturday, Sunday or business holiday under the laws of the Commonwealth of Massachusetts such payment shall be made on the next succeeding business day and such extension of time shall be included in computing any interest in respect of such payment.
Holiday Payments. 28.3.1. An employee whose employment is terminated for any reason shall receive compensation for holidays worked but not paid.
Holiday Payments. 4.01 Where an employee works on a holiday specified in Article 17.01 (Holidays) and opts for compensating leave under Article 17.04 the employee may elect, at that time, to receive, in addition to the entitlement under 17.04, further leave equal to the difference between the number of hours in the employee's normal work day and his entitlement under.17.03. Where an employee makes this election, there shall be deducted from the employee's pay for the time worked under 17.03 an amount equal to the number of additional hours of leave granted under this article. Additional leave to be determined by the length of the regular work day. For an employee whose regular workday is 7 1/4 hours and who works B hours on a holiday: Entitlement under 17.03, 8 hours@ double time = 16 hr Entitlement under 17.04 = 7 1/4 hr Where an employee selects additional leave under this article - Entitlement under 17.04 = 7 1/4 hr Additional leave under this article (8 hr -7 1/4 hr) = 3/4 hr Reduced entitlement under 17.04 = 15 1/4 hr
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Holiday Payments. 52.1 Four per cent (4%) of gross pay, not including vacation pay, shall be added to the employee’s regular pay to compensate for the following holidays:
Holiday Payments. All employees shall be paid for the legal holidays listed above at the regular hourly rate of pay for such employees. Employees scheduled to work on such holidays shall be paid at the rate of double time for hours worked on that day, in addition to the amount received for such legal holiday. If the employee has active discipline for attendance of a written warning or more, that employee is required to work the day before, and the day after a holiday, in order to be paid for the holiday, unless the employee has a valid reason for absence, such as hospitalization. Double straight time shall be paid for work performed on a holiday outside an employee's normal schedule, regardless of other provisions of this Agreement.
Holiday Payments. For the purpose of the Working Time Regulations, holiday entitlement will be based on the total amount of hours undertaken within each academic term. At the end of each term (according to the College’s winter, spring and summer term dates), you will receive a payment which will be allocated to you as annual leave. This ensures that all supply pool staff are paid for their annual leave at the time the leave is taken. You will be unable to undertake any further assignments at the college during the allocated period of leave. Payment will be made for leave entitlement at the time the leave is taken.
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