Premium Payment. The Bank shall pay any premiums due on the Policy.
Premium Payment. 14.01 (a) (Article 14.01(a) applies to full-time nurses only) If a nurse is authorized to work in excess of the hours referred to in Article 13.01 (a) or (c), she or he shall receive overtime premium of one and one-half (1 1/2) times her or his regular straight time hourly rate. Notwithstanding the foregoing, no overtime premium shall be paid for a period of less than fifteen (15) minutes of overtime work where the nurse is engaged in reporting functions at the end of her or his normal daily tour. If authorized overtime amounts to fifteen (15) minutes or more, overtime premium shall be paid for the total period in excess of the normal daily tour. Overtime premium will not be duplicated for the same hours worked under Article 13.01 (a) and (c) nor shall there be any pyramiding with respect to any other premiums payable under the provisions of this Collective Agreement. Nothing herein will disentitle the nurse to payment of the normal tour differential provided herein. For purpose of clarity, a nurse who is required to work on her or his scheduled day off shall receive overtime premium of one and one-half (1 1/2) times her or his regular straight time hourly rate except on a paid holiday the nurse shall receive two (2) times her or his straight time hourly rate The Hospital agrees that if the Collective Agreement provided a greater overtime premium for overtime work immediately prior to this Agreement, the Hospital will continue to pay such greater overtime premium. This is not intended to entitle the nurse to be paid for work performed while engaged in the reporting functions as provided herein.
Premium Payment. The Company shall pay any premiums due on the Policy.
Premium Payment. The Bank shall pay all premiums due on all Policies.
Premium Payment. The policyholder is responsible for paying the premium on time. Premium payment is due on the renewal date of the policy or any other due date authorized by the insurer. Premium notices are provided as a courtesy, and the insurer provides no guarantee of delivering such notices. If a policyholder has not received a premium notice thirty (30) days prior to the premium payment due date, and the policyholder does not know the amount of the premium payment, he/she should contact his/her producer or the insurer. Payment may also be made online at xxx.xxxxxxxxx.xxx.
Premium Payment. The first month’s Premium is due and payable when You apply for coverage. Coverage will begin on the effective date of this Contract as defined herein. Subsequent Premiums are due and payable on the first of each month thereafter.
Premium Payment. Unless otherwise provided for in the collective bargaining agreement, retired employees shall pay the total premium plus the additional two percent administrative fee charged under COBRA.
Premium Payment. (Article (a) applies to full-time nurses only) If a nurse is authorized to work in excess of the hours referred to in Article
Premium Payment. 12.1 The first premium for this insurance is due from the commencement date of the policy. Each and every subsequent premium is payable on the premium due date. For insurance with periodic premium payment per month or year, the premium is automatically debited at the beginning of the month from the specified IBAN bank account.
12.2 If, for whatever reason, the follow-up premium is not paid on time, there is, after a reminder, still one month to pay it. If the subsequent premium including costs is not paid to the administrator in full within the said period, the cover is suspended automatically from the premium due date until the premium arrears are paid to the administrator in full. An event during the period that the cover is suspended and that results in entitlement to a benefit on the basis of this insurance is not covered. Moreover, the insurer shall be entitled to terminate the insurance. Already paid premiums shall not be repaid. In case of a pledged policy, the insurer will inform the finance company of the lapse of the policy.
12.3 Any and all judicial and extrajudicial costs that are incurred by the insurer for the collection of overdue premium instalments and possible statutory interest due shall be borne by the policyholder.
Premium Payment. 16.01 Employees shall not be scheduled or required to work in excess of normally scheduled hours of work without consent except in cases of emergency. An employee shall have the option of selecting compensating time off at one and one- half (1½) times the time actually worked in lieu of overtime or premium payment. Such payment shall not be counted towards any overtime entitlement for that pay period.
16.02 Premium payment of one and one-half (1½) times her regular straight time hourly rate shall be paid to an employee as follows:
(a) for all work performed in excess of the employee’s 7.5 or 11.25 hour tour;
(b) for all work performed in excess of a 11.25 hour tour for part-time;
(c) all work performed in excess of 75 hours in a biweekly pay period;
(d) for all work performed by a full-time employee after working in excess of two hundred and twenty-five (225) hours in a six (6) week schedule; or
(e) for all work performed by a part-time employee after working in excess of seventy-five (75) hours in a two (2) week period.
16.03 Time worked as a result of missed unpaid breaks or unpaid meal periods will be paid at the appropriate straight time hourly rate.
16.04 Where an employee is required to work on a paid holiday or on an overtime tour or on a tour that is paid the rate of time and one-half (1½) her regular straight time hourly rate and she is required to work additional hours following her full tour on that day (but not including hours on a subsequent regularly scheduled tour for such employee) she shall receive two (2) times her regular straight time hourly rate for such additional hours worked.
16.05 An employee who is called in or reports for work as scheduled and is not required to work, shall receive a minimum of four (4) hours' pay at her regular rate of pay.
16.06 An employee who is called into work outside her regularly scheduled working hours shall receive the appropriate hourly rate for all hours worked with a minimum guarantee of four (4) hours. This does not apply to periods when a nurse is on standby during meal breaks.
16.07 An employee who is called to come in to work less than two (2) hours prior to the commencement of a full tour shall have up to two hours following the call to arrive at work. If this two (2) hour period extends into the tour she shall be paid as though she had worked from the beginning of the tour provided that she arrives within the two (2) hour period following the call.