Incremental Increases. Incremental increases are paid every twelve (12) calendar months for each employee, until said employee has reached the top rate of pay for their respective classification. Employees awarded a job in a higher paid classification shall receive a salary applicable to their new classification which provides an increase of at least one (1) increment above their former salary for their new classification. Thereafter they shall progress up the new scale based on their anniversary dates in their new position.
Incremental Increases. (a) At any time after the Closing Date, Borrower may by written notice to Agent (x) request the establishment of one or more incremental term loan commitments (each, an “Incremental Term Loan Commitment”) to make one or more additional term loans (any such additional term loan, an “Incremental Term Loan”) and/or (y) request one or more increases in the Revolving Credit Commitment (each, a “Revolving Credit Commitment Increase” and, together with any Incremental Term Loan Commitment and Incremental Term Loan, the “Incremental Increases”); provided that (i) the total aggregate principal amount for all Incremental Increases incurred pursuant to this Section 2.20 shall not exceed an amount equal to $150,000,000 (based on the original principal amount thereof) and (ii) the total aggregate amount for each Incremental Increase shall not be less than a minimum principal amount of $10,000,000 or, if less, the remaining amount permitted pursuant to the foregoing clause (i). Each such notice shall specify the date (each, an “Incremental Effective Date”) on which Borrower proposes that any Incremental Increase shall be effective, which shall be a date not less than ten (10) Business Days (or such shorter period as agreed to by Agent in its sole discretion) after the date on which such notice is delivered to Agent. Borrower may invite any Lender, any Affiliate of any Lender, any Approved Fund and/or any other Eligible Assignee, to provide an Incremental Increase (any such Person, an “Incremental Lender”). Any proposed Incremental Lender offered or approached to provide all or a portion of any Incremental Increase may elect or decline, in its sole discretion, to provide such Incremental Increase.
(b) Any Incremental Increase shall become effective as of such Incremental Effective Date; provided that:
(i) no Default or Event of Default shall exist on such Incremental Effective Date before or after giving effect to any Incremental Increase; provided that, with respect to any Incremental Term Loan Commitment the primary purpose of which is to finance a substantially concurrent Limited Conditionality Acquisition, this clause (i) may be determined at the time of the signing (as opposed to closing) of the acquisition agreement with respect thereto as agreed to by Borrower and the applicable Incremental Lenders; provided further that no Event of Default under Sections 8.1, 8.4 or 8.5 shall exist at the time of funding;
(ii) each of the representations and warranties contained ...
Incremental Increases. Incremental increases are paid every twelve (12) calendar months for each full-time employee and every two thousand eighty (2080) hours for each part- time or casual employee, until said employee has reached the top rate of pay for their respective classification. When employees move from casual to part-time to full-time all hours worked and/or paid in their previous casual, part-time or full-time positions will be credited for purposes of incremental increases. For the purposes of this first collective agreement, employees will be placed on the wage scale at date of ratification and no later than November 1, 2011 based on their length of service.
Incremental Increases. Employees shall be paid in accordance with Schedule 1 to this Agreement. Notwithstanding, the employee’s rate of pay shall never fall beneath those prescribed by the Australian Pay and Classification Scale (APCS).
Incremental Increases. On the employee’s increment date (anniversary date) an employee shall be entitled to receive an incremental increase of four percent (4%), or such percentage increase as would bring the employee’s salary to the maximum of his job level, whichever is the lesser. The salary increment date for an employee upon promotion, demotion or from an external appointment, shall be the anniversary date of such action.
Incremental Increases. “Eligible hours worked” for the purpose of this Appendix means the following paid hours: regular hours paid, banked hours paid, paid general holiday pay, paid sick leave hours and paid vacation hours. Employees on unpaid maternity and parental leave will be permitted to have the period of time on leave used toward progression in the formula above to a maximum of 1950 hours, without generating a payment. Incremental increases are applied for Full Time Employees and Part Time Employees after 1950 of eligible hours worked. After completion of 1950 eligible hours worked within a level of pay, an employee will progress from that level of pay to the next level of pay. Adjustments from one level to the next are generally conducted each quarter, with retroactive application to the date the employee acquired the 1950 eligible hours worked. Incremental increases will continue to be applied after each 1950 eligible hours worked until an employee is at the highest level of pay for the applicable Job Category. When a Full Time Employee or Part Time Employee is the successful applicant for a job posting for a position in a higher Job Category, the employee will be placed at the Level in the Job Category that provides the employee with an increase from the rate of pay the employee was receiving prior to the successful application. The employee will thereafter be eligible for incremental increases after completion of 1950 eligible hours of work within the level of pay in accordance with the paragraph above.
Incremental Increases. 43.01 Salary incremental increases will be as follows: Movement from Step One (1) to Step Two (2) Twelve (12) Months Movement from Step Two (2) to Step Three (3) Twelve (12) Months Movement from Step Three (3) to Step Four (4) Six (6) Months Movement from Step Four (4) to Step Five (5) Six (6) Months Movement from Step Five (5) to Step (6) Experience Ratio & Performance Salary incremental increases for the job families of Billing, Customer Service and Trainer/Technical Advisor will be as follows:
Incremental Increases. Effective 6/1/05, newly hired employees hired at Step 0 shall move to Step 1 when they become eligible for a step increase. Full-time employees are granted an incremental increase on their salary anniversary date which is either on February 1 or September 1 to the next step in the salary group in which the job is evaluated. Part-time staff and classroom assistants employed on or after March 1, 1997 for nineteen (19) hours or more per week will advance a step on their respective salary schedule only after eighteen (18) months of service. The new step shall be applied at the incremental date that is closest to the eighteenth (18th) month of employment. For employees working ten to eighteen (10-18) hours per week, an increment will be made after twenty-four (24) months of employment. For employees working one to nine (1-9) hours per week, an increment will be made after thirty-six (36) months of employment. Please refer to salary schedule 97 for incremental increase information. Please refer to salary schedule 97a/97b for adjunct promotional information. Effective March 26, 2009, adjunct classroom faculty shall receive one half (1/2) of their hourly rate for each hour spent attending mandatory training. Such training shall include Sexual Harassment Training, Occupational Safety and Health Training (OSHA), and any training required by federal law, state law and organizational policy. Please refer to salary schedule 98 for incremental increase information. Please refer to salary schedule 98a/98b for adjunct promotional information. Effective 4/16/97 when a full-time professor has been on step 9 for six (6) years they shall move to step 10 which is three and five-tenths percent (3.5%) higher. Effective the 2002 - 2003 school year, full time employees hired in this schedule shall advance to Step 1 after approximately six (6) months and to Step 2 after the next six (6) months (depending on increment dates).
Incremental Increases. 1. On the employee’s anniversary date, employees shall be entitled to receive an incremental increase of three and one half percent (3.5%), or such percentage increase as would bring the employee’s salary to the maximum of his/her salary range, whichever is the lesser.
2. A part-time employee shall be eligible to receive an incremental increase when the employee has worked a total of the normal annual hours of a full-time employee, provided that the maximum rate for the employee’s level is not exceeded. The pay increment date shall be the first working day following completion of the hours specified in this clause.
Incremental Increases. 44.01 Salary incremental increases will be as follows: Step Increment Salary incremental increases for the job families of Billing, Customer Service and Trainer/Technical Advisor will be as follows:
