Hourly Wage Rate Sample Clauses

Hourly Wage Rate. Instructional services to students may be provided by a certificated staff member on an hourly basis. Hourly rates shall be determined using the figure under Step 1, Column BA + 60 of the Certificated Salary Schedule set forth in Appendix A. There will be a 5% augmentation per hour for position of “Summer School Lead Teacher”. Assignment is discretionary on the part of the district. An acceptance on the part of the employee is voluntary.
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Hourly Wage Rate. The hourly wage rate shall be defined as the hourly wage rates set forth in Section 8.1 of this Agreement.
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Hourly Wage Rate. The regular hourly rate of a Nurse shall be determined by dividing the yearly increment rate of the Nurse, as set out in Appendix "A", by 2080.
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Hourly Wage Rate. Whenever an employee whose wage is fixed on a yearly or biweekly basis works less than the total number of hours in a particular biweekly period, the employee shall receive salary or wages for the period in accordance with the hourly rate of the classification.
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Hourly Wage Rate. Current FY 2009 FY 2010 FY 2011 On the job training 11.44 11.73 (3.5%) (4.0%) Starting rate (first year) 13.53 14.50 (3.5%) (4.0%) After 1 year – 3 years 15.35 15.81 (3.5%) (4.0%) After 3 years 17.48 17.92 (3.5%) (4.0%) Part-time Dispatchers: Part-time Dispatchers hired after the date this contract is signed, , 2008, will be paid $14.50 per hour. Part-time Dispatchers hereafter will receive pay increases at the same percentage received by town employee as voted at Town Meeting. All current Part-time Dispatchers will remain at their current rate of pay and will receive increases annually at the same rate as non-union Town employees.
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Hourly Wage Rate. Effective: Jul. 21, 2005 May 1, 2006 May 1, 2007 May 1, 2008 May 1,2009 Crane Truck Operator $23.87 $24.94 $25.68 $26.64 $27.66 4) Schedule of total employer/employee contributions Effective: Jul. 21, 2005 May 1, 2006 May 1, 2007 May 1, 2008 May 1,2009 Benefits Plan $1.67 $1.80 $1.80 $1.80 $1.80 Pension Plan 1.50 2.00 2.00 2.25 2.50 Apprenticeship Plan 0.17 0.20 0.22 0.24 0.26 Supp. Dues 0.47 0.51 0.53 0.55 0.58 Total $3.81 $4.51 $4.55 $4.84 $5.14 * This letter will not apply to any work performed on unionized industrial sites that are signatory to the Heavy Construction Agreement. * Should an employee be requested to perform work on a unionized Building Trade Project which is signatory to the Heavy Construction Agreement for more than three (3) consecutive days; commencing on the fourth day all terms and conditions of the Heavy Construction Agreement will apply. Signed at , B.C. this day of , 2006. XXXXXXX XXXXX & FREIGHT LTD. INTERNATIONAL UNION OF OPERATING ENGINEERS, LOCAL 115 FC/sda opeiu15 Z:\Mega Truck and Transport\Col Agr - Bargaining - etc\MegaTruck_LOU-amending-CraneRental_2006.doc
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Hourly Wage Rate. SECTION 1. The wage rates outlined below will be placed in effect on the first Monday following the effective dates listed. Classifications 2/1/96 2/1/97 --------------- ------ ------ Warehouse $13.00 $13.30 Group Leader $13.50 $13.80
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Related to Hourly Wage Rate

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Contract Rate Subject to Sections 2.2 and 3.9, interest payable on the outstanding principal amount of this Note (the “Principal Amount”) shall accrue at a rate per annum equal to the “prime rate” published in The Wall Street Journal from time to time (the “Prime Rate”), plus two percent (2%) (the “Contract Rate”). The Contract Rate shall be increased or decreased as the case may be for each increase or decrease in the Prime Rate in an amount equal to such increase or decrease in the Prime Rate; each change to be effective as of the day of the change in the Prime Rate. The Contract Rate shall not at any time be less than eight percent (8%). Interest shall be (i) calculated on the basis of a 360 day year, and (ii) payable monthly, in arrears, commencing on March 1, 2008, on the first business day of each consecutive calendar month thereafter through and including the Maturity Date, and on the Maturity Date, whether by acceleration or otherwise.

  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

  • Rate Holders of Designated Preferred Stock shall be entitled to receive, on each share of Designated Preferred Stock if, as and when declared by the Board of Directors or any duly authorized committee of the Board of Directors, but only out of assets legally available therefor, cumulative cash dividends with respect to each Dividend Period (as defined below) at a rate per annum equal to the Applicable Dividend Rate on (i) the Liquidation Amount per share of Designated Preferred Stock and (ii) the amount of accrued and unpaid dividends for any prior Dividend Period on such share of Designated Preferred Stock, if any. Such dividends shall begin to accrue and be cumulative from the Original Issue Date, shall compound on each subsequent Dividend Payment Date (i.e., no dividends shall accrue on other dividends unless and until the first Dividend Payment Date for such other dividends has passed without such other dividends having been paid on such date) and shall be payable quarterly in arrears on each Dividend Payment Date, commencing with the first such Dividend Payment Date to occur at least 20 calendar days after the Original Issue Date. In the event that any Dividend Payment Date would otherwise fall on a day that is not a Business Day, the dividend payment due on that date will be postponed to the next day that is a Business Day and no additional dividends will accrue as a result of that postponement. The period from and including any Dividend Payment Date to, but excluding, the next Dividend Payment Date is a “Dividend Period”, provided that the initial Dividend Period shall be the period from and including the Original Issue Date to, but excluding, the next Dividend Payment Date. Dividends that are payable on Designated Preferred Stock in respect of any Dividend Period shall be computed on the basis of a 360-day year consisting of twelve 30-day months. The amount of dividends payable on Designated Preferred Stock on any date prior to the end of a Dividend Period, and for the initial Dividend Period, shall be computed on the basis of a 360-day year consisting of twelve 30-day months, and actual days elapsed over a 30-day month. Dividends that are payable on Designated Preferred Stock on any Dividend Payment Date will be payable to holders of record of Designated Preferred Stock as they appear on the stock register of the Issuer on the applicable record date, which shall be the 15th calendar day immediately preceding such Dividend Payment Date or such other record date fixed by the Board of Directors or any duly authorized committee of the Board of Directors that is not more than 60 nor less than 10 days prior to such Dividend Payment Date (each, a “Dividend Record Date”). Any such day that is a Dividend Record Date shall be a Dividend Record Date whether or not such day is a Business Day. Holders of Designated Preferred Stock shall not be entitled to any dividends, whether payable in cash, securities or other property, other than dividends (if any) declared and payable on Designated Preferred Stock as specified in this Section 3 (subject to the other provisions of the Certificate of Designations).

  • Payment at Highest Lawful Rate If the Borrower is not obliged to make a payment that it would otherwise be required to make, as a result of Section 5.6(a), the Borrower shall make such payment to the maximum extent permitted by or consistent with applicable laws, rules and regulations.

  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

  • No Payment Shall Exceed Lawful Rate Notwithstanding any other term of this Agreement, the Borrower shall not be obliged to pay any interest or other amounts under or in connection with this Agreement or otherwise in respect of the Obligations in excess of the amount or rate permitted under or consistent with any applicable law, rule or regulation.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Rate of Interest The Rate of Interest payable from time to time in respect of Floating Rate Notes will be determined in the manner specified in the applicable Final Terms.

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