Order and Ratio Sample Clauses

Order and Ratio. For Prime Contractors and Subcontractors that are not Equity Contractors and are not signatory to a Master Labor Agreement, the limits on Core Employees shall be as follows: the first two workers may be Core Employees; the next two craft workers shall be union referrals. Thereafter, dispatch may alternate Core Employees and Union Referred Employees, on a one-for-one basis, with the Core Employee total number not to exceed 50% plus one worker of that Prime Contractor’s or Subcontractor’s craft workforce, or otherwise by mutual agreement of that Prime Contractor or Subcontractor and Union. Where a Union’s Master Labor Agreement, or the procedures of the relevant joint labor-management apprenticeship program, prohibit referral of Union members to non-signatory contractors, then such Union may waive its referral rights under this Article VII, and the contractor may staff the job at its discretion, with work to be performed otherwise in compliance with this Agreement and the Master Labor Agreement.
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Order and Ratio. Non-signatory Contractors may employ, as needed, first, a member of its core workforce (“Core Worker,” as defined in Section 4 below), then a Union-referred Worker; thereafter, the Contractor shall alternate Core Workers and Union-referred Workers, on a one-for- one basis, up to a maximum of five Core Workers, or otherwise by mutual agreement of that Contractor and Union. Thereafter, all additional Workers in the affected Trade shall be initially requested from the Union hiring hall, subject to Priority Hire and Unfilled Request provisions of this Agreement. As part of this process, and in order to facilitate the contract administration procedures, all Contractors shall inform the appropriate Union hiring hall of any non-Union Workers hired by the Contractor. Such information shall be provided within two days of the non-Union Worker’s employment at a Covered Project site.

Related to Order and Ratio

  • Maximum Total Leverage Ratio The Borrower shall maintain, on the last day of each fiscal quarter set forth below, a Total Leverage Ratio of not more than the maximum ratio set forth below opposite such fiscal quarter: October 31, 2007, January 31, 2008, April 30, 2008, July 31, 2008, October 31, 2008 and January 31, 2009 4.7 to 1 April 30, 2009, July 31, 2009, October 31, 2009 and January 31, 2010 4.2 to 1 April 30, 2010 and each fiscal quarter thereafter 4.0 to 1

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • Funded Debt to EBITDA Ratio To maintain on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 2.0:1.0.

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.

  • Total Debt The total Debt of all Consolidated Subsidiaries of the Borrower, excluding the Debt, if any, owed by such Consolidated Subsidiaries to the Borrower or another Consolidated Subsidiary of the Borrower, will at no time exceed an amount equal to $500,000,000 (or the Exchange Equivalent thereof).

  • Capitalization Ratio Permit the ratio of Consolidated Debt of the Borrower to Consolidated Capital of the Borrower to exceed .58 to 1.00.

  • Funded Debt Ratio Permit the Funded Debt Ratio, as of the last day of any Fiscal Quarter, to be greater than the ratio set forth below opposite such Fiscal Quarter or the period during which such Fiscal Quarter ends: Period/Fiscal Quarter Maximum Ratio December 31, 2002 3.50:1.00 March 31, 2003 2.60:1.00 June 30, 2003 2.50:1.00 September 30, 2003 2.00:1.00 December 31, 2003 through March 31, 2004 1.75:1.00 April 1, 2004 through December 31, 2004 1.50:1.00

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

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