Method of Accrual Sample Clauses

Method of Accrual. At the beginning of each school year or at the time of employment, each teacher shall be credited with a twelve (12) day sick leave allowance to be used for absences caused by illness or physical disability of the teacher. For part-time teachers and teachers who begin after the first day school convenes, or teachers who take unpaid leaves of absences, as of the last duty day, accrual shall be on a pro rata basis to the nearest half day.
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Method of Accrual. Vacation leave shall accrue bi-weekly by dividing the total “Hours of Accrued Vacation” by the number of pay periods in the payroll year.
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Method of Accrual. All full-time administrators shall earn sick leave at the rate of twenty (20) days for each year of service in the employ of the School District. Annual sick leave shall accrue in a lump sum on the first day of work in the new fiscal year. If an administrator leaves the employ of District 877 and has used more sick leave than he/she has earned, the excess shall be repaid to the District.
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Method of Accrual a. Effective October 1, 2005 All Bargaining Unit employees coded twenty (20) hours or more are eligible to use eight (8) hours of education leave. b. Effective January 1, 2006 1) On January 1 of each year all unused individual education hours will roll over to an education leave pool. 2) All Bargaining Unit employees coded twenty (20) hours or more will be granted sixteen (16) hours education leave on January 1st each year. 3) Education leave pool hours are available on first come, first serve basis up to twenty-four (24) hours per employee per year, after use of all individual education leave hours (with supervisor approval based on operational needs). 4) Unused education leave pool hours do not carry forward to the subsequent year. 5) Education days will be prorated upon employment and can be accessed upon completion of probation. 6) Once the National Agreement Workforce Development Coalition Trust has been implemented, the education leave language will be reviewed. (See Section 1.D.1 of the National Agreement). 7) Unused education leave will be forfeited upon termination of employment.
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Method of Accrual. An Employee shall accrue a maximum of 8 hours of inclement weather in each single calendar month. The entitlement shall accumulate month to month to a maximum of 32 hours. Entitlement and accrual of inclement weather shall accrue on the last day of each completed calendar month of service. Inclement weather shall not be paid where such climatic conditions prevail during overtime or weekend work.
Sample 1
Method of Accrual a. Effective October 1, 2005 b. Effective January 1, 2006 1) On January 1 of each year all unused individual education hours will roll over to an education leave pool. 2) All Bargaining Unit employees coded twenty (20) hours or more will be granted sixteen (16) hours education leave on January 1st each year. 3) Education leave pool hours are available on first come, first serve basis up to twenty-four (24) hours per employee per year, after use of all individual education leave hours (with supervisor approval based on operational needs). 4) Unused education leave pool hours do not carry forward to the subsequent year. 5) Education days will be prorated upon employment and can be accessed upon completion of probation.
Sample 1

Related to Method of Accrual

  • Method of Accounting The Company will use the method of accounting previously determined by the Members for financial reporting and tax purposes.

  • Method of Compensation It is understood by the parties that, insofar as pay is concerned, employees temporarily filling a position in a higher broadband level shall be paid according to the same compensation method as promoted employees pursuant to the Rules of the State Personnel System.

  • Method of Billing Consultant may submit invoices to the City for approval on a progress basis, but no more often than two times a month. Said invoice shall be based on the total of all Consultant’s services which have been completed to City’s sole satisfaction. City shall pay Consultant’s invoice within forty-five (45) days from the date City receives said invoice. Each invoice shall describe in detail, the services performed, the date of performance, and the associated time for completion. Any additional services approved and performed pursuant to this Agreement shall be designated as “Additional Services” and shall identify the number of the authorized change order, where applicable, on all invoices.

  • Method of Calculation All calculations under this Section 4 shall be made to the nearest one hundredth of a share.

  • Method of Computation To determine the Adviser’s liability with respect to the Excess Amount, each month the Fund Operating Expenses for the Fund shall be annualized as of the last day of the month. If the annualized Fund Operating Expenses for any month exceeds the Operating Expense Limit of the Fund, the Adviser shall first waive or reduce its investment advisory fee for such month by an amount sufficient to reduce the annualized Fund Operating Expenses to an amount no higher than the Operating Expense Limit. If the amount of the waived or reduced investment advisory fee for any such month is insufficient to pay the Excess Amount, the Adviser shall also remit to the Fund an amount that, together with the waived or reduced investment advisory fee, is sufficient to pay such Excess Amount.

  • Method of Service A Notice may be given by: (i) being personally delivered on a Party; (ii) being left at the Party’s current address for service; (iii) being sent to the Party’s current address for service by pre-paid ordinary mail; or (iv) being sent by facsimile transmission to the Party’s current facsimile number for service provided that a copy of the notice is then delivered by one of the means described above.

  • Method of Distribution (a) All distributions with respect to each Class of Certificates on each Distribution Date shall be made pro rata among the outstanding Certificates of such Class, based on the Percentage Interest in such Class represented by each Certificate. Payments to the Certificateholders on each Distribution Date will be made by the Trustee to the Certificateholders of record on the related Record Date by check or money order mailed to a Certificateholder at the address appearing in the Certificate Register, or upon written request by such Certificateholder to the Trustee made not later than the applicable Record Date, by wire transfer to a U.S. depository institution acceptable to the Trustee, or by such other means of payment as such Certificateholder and the Trustee shall agree. (b) Each distribution with respect to a Book-Entry Certificate shall be paid to the Depository, which shall credit the amount of such distribution to the accounts of its Depository Participants in accordance with its normal procedures. Each Depository Participant shall be responsible for disbursing such distribution to the Certificate Owners that it represents and to each financial intermediary for which it acts as agent. Each such financial intermediary shall be responsible for disbursing funds to the Certificate Owners that it represents. All such credits and disbursements with respect to a Book-Entry Certificate are to be made by the Depository and the Depository Participants in accordance with the provisions of the applicable Certificates. Neither the Trustee nor the Master Servicer shall have any responsibility therefor except as otherwise provided by applicable law. (c) The Trustee shall withhold or cause to be withheld such amounts as it reasonably determines are required by the Code (giving full effect to any exemptions from withholding and related certifications required to be furnished by Certificateholders or Certificate Owners and any reductions to withholding by virtue of any bilateral tax treaties and any applicable certification required to be furnished by Certificateholders or Certificate Owners with respect thereto) from distributions to be made to Non-U.S.

  • Method of Allocation The Employer must specify in its Adoption Agreement the manner of allocating each annual Employer contribution to this Trust.

  • Method of Measurement All linear and area measurements under this Agreement are measured on the horizontal plane, unless specified otherwise in an attached Schedule.

  • Method of Making Payments Payment and transfer of all amounts owing or to be paid or remitted hereunder, including, without limitation, payment of the Advance Payment by Syndication Parties, and distribution of principal or interest payments or fees or other amounts by the Administrative Agent, shall be by wire transfer in accordance with the instructions contained on Exhibit 15.29 hereto (“Wire Instructions”).

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