Load Averaging Clause Samples

The Load Averaging clause establishes a method for distributing or balancing the amount of work, energy, or resources over a specified period to avoid peaks and troughs in demand or supply. In practice, this clause may require parties to calculate average usage or delivery over a set timeframe, such as daily, weekly, or monthly, and adjust their operations accordingly to maintain consistent levels. By implementing load averaging, the clause helps prevent overloading systems, ensures more predictable resource allocation, and mitigates the risk of penalties or inefficiencies caused by sudden fluctuations.
Load Averaging a) A contract/regular faculty member who has a load assignment that exceeds fifteen (15) equated hours by less than one (1) course in a semester may designate the excess for compensation or load averaging. The designation shall be made at the time of scheduling. Whole courses in excess of fifteen (15) equated hours may be averaged by mutual consent of the first-level manager and the contract/regular faculty member. Averaging shall be completed within a two (2) year period. b) Contract/Regular faculty members shall not be required to work overload. Any contract/regular faculty member whose assignment exceeds the annual base equated hours (18.3.1 or 18.
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Load Averaging a) A contract/regular faculty member who has a load assignment that exceeds fifteen
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Load Averaging a) The District may average load assignments for bargaining unit members by mutual agreement within two (2) years upon recommendation of the appropriate first-level manager and approval of the chief instructional officer or designee. b) Effective fall 2005, any full-time member of the bargaining unit whose contract/regular teaching load exceeds the annually required equated hours will be compensated at the prevailing hourly rate unless load averaging has been applied. c) Effective fall 2005, if a bargaining unit member has an annual teaching load of less than thirty equated hours on a semester basis, the teaching load shall be increased in the subsequent academic year to create an average of thirty (30) semester equated hours for the two (2) years. d) All teaching loads shall be adjusted within two (2) years. Exceptions shall be by mutual agreement between the District and the bargaining unit member.
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Load Averaging a) The District may average load assignments for bargaining unit members by mutual agreement within two (2) years upon approval of the chief instructional officer in consultation with the appropriate first-level manager. b) Effective fall 2005, any full-time member of the bargaining unit whose contract/regular teaching load exceeds the annually required equated hours will be compensated at the prevailing hourly rate unless load averaging has been applied.
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Load Averaging a) The District may average load assignments for bargaining unit members by mutual agreement within one (1) year upon approval of the appropriate administrator. b) The District may average load assignments for bargaining unit members by mutual agreement for two (2) years. The two- (2) year load averaging shall be limited to a maximum of ten (10) percent FTE faculty and to a maximum of eighteen (18) equated hours in any one
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Related to Load Averaging

  • Supported wage rates Employees to whom this clause applies shall be paid the applicable percentage of the minimum rate of pay prescribed by this Agreement for the class of work which the person is performing according to the following schedule: * (Provided that the minimum amount payable shall be not less than $45 per week). Where a person’s assessed capacity is 10%, they shall receive a high degree of assistance and support.

  • Mileage Measurement Where required, the mileage measurement for LIS rate elements is determined in the same manner as the mileage measurement for V&H methodology as outlined in NECA Tariff No. 4.

  • Cost of Capital Rate The Cost of Capital Rate shall equal the proposed Weighted Costs of Capital plus Federal Income Taxes and State Income Taxes. (a) The Weighted Costs of Capital will be calculated for the Transmission Investment Base using Connecting Transmission Owner’s actual capital structure and will equal the sum of (i), (ii), and (iii) below: (i) the long-term debt component, which equals the product of the actual weighted average embedded cost to maturity of Connecting Transmission Owner’s long-term debt then outstanding and the actual long-term debt capitalization ratio. (ii) the preferred stock component, which equals the product of the actual weighted average embedded cost to maturity of Connecting Transmission Owner’s preferred stock then outstanding and the actual preferred stock capitalization ratio; (iii) the return on equity component, shall be the product of the allowed ▇▇▇ of 10.30% or such value as most recently approved by the Commission plus a 50 basis point adder (per FERC Order 697 and 697-A, if authorized by the Commission for the Connecting Transmission Owner) and Connecting Transmission Owner’s actual common equity capitalization ratio. (b) Federal Income Tax shall equal where A is the sum of the preferred stock component and the return on equity component, each as determined in Sections 2.(a)(ii) and for the ▇▇▇ set forth in 2.(a)(iii) above (c) State Income Tax shall equal Where A is the sum of the preferred stock component and the return on equity component as determined in A.2.(a)(ii) and A.2.(a)(iii) above and Federal income Tax is determined in 2.(b) above.

  • Liquidity Risk Measurement Services Not Applicable.

  • Arithmetical Errors 30.1 The tender sum as submitted and read out during the tender opening shall be absolute and final and shall not be the subject of correction, adjustment or amendment in any way by any person or entity. 30.2 Provided that the Tender is substantially responsive, the Procuring Entity shall handle errors on the following basis: a) Any error detected if considered a major deviation that affects the substance of the tender, shall lead to disqualification of the tender as non-responsive . b) Any errors in the submitted tender arising from a miscalculation of unit price, quantity, subtotal and total bid price shall be considered as a major deviation that affects the substance of the tender and shall lead to disqualification of the tender as non-responsive. and c) if there is a discrepancy between words and figures, the amount in words shall prevail. 30.3 Tenderers shall be notified of any error detected in their bid during the notification of a ▇▇▇▇.