Prevailing Rate of Wages Sample Clauses

Prevailing Rate of Wages. The wages to be paid for a legal day’s Work to laborers, workers, or mechanics employed upon the Work contemplated by this Contract or upon any materials to be used thereon shall not be less than the “prevailing rate of wage” as defined in Labor Law Section 220, and as fixed by the Comptroller in the attached Schedule of Wage Rates and in updated schedules thereof. The prevailing wage rates and supplemental benefits to be paid are those in effect at the time the Work is being performed.
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Prevailing Rate of Wages. 4.4.1 The Tenant shall make a reasonable attempt to hire currently enrolled students at the College prior to hiring non-student employees. Annually, the Tenant shall submit a staffing plan to the College for approval. This plan shall describe how many employees are anticipated; their job title or description, and what outreach efforts the Tenant intends to make to implement this plan. Prior to commencing any employee hiring efforts for the site, the Tenant shall submit to and obtain the College President’s (or designee’s) approval of an Outreach Plan that Tenant will follow in order to promote the hiring of current College students. Tenant will provide, not less than annually to the College, a written report documenting Tenant’s success in implementing the Outreach Plan. 4.4.2 Tenant shall pay, and shall ensure that any contractor, subcontractor or sublessee undertaking construction or other work of improvement on the Leased Premises pays, general per diem wages in the amounts prevailing in the locality of the Leased Premises. For each worker paid less than prevailing rates for any work done under any contract, subcontract, lease, sublease, concession or other agreement in violation of the provisions of the California Labor Code, Tenant shall forfeit, as a penalty, to the Landlord and for the benefit of the College, Fifty Dollars ($50.00) per worker for each calendar day, or portion thereof, that the prevailing wage was not paid. Additionally, Tenant shall pay to each such worker the differential between the prevailing wage rate and the amount actually paid to such worker. Prevailing rates as published by the California Department of Labor are on file with Landlord and are available for review by Tenant. Except to the extent arising from work directly contracted for by Landlord without Tenant’s knowledge, Tenant shall indemnify, defend, and hold Landlord harmless for any claim, fine, payment or penalty arising out of the failure to comply with prevailing wage laws in connection with work performed on the Leased Premises.
Sample 1Sample 2
Prevailing Rate of Wages. The wages to be paid for a legal day’s Work to laborers, workers, or mechanics employed upon the Work contemplated by this Contract or upon any materials to be used thereon shall not be less than the "prevailing rate of wage" (including the wage and benefit rate) set by law for each trade or occupation for employees of contractors performing public works projects and building service work for government agencies pursuant to Labor Law Section 220, and as fixed by the Comptroller Wage Schedule of Wage Rates established by the Comptroller of the City of New York pursuant to §220 of the Labor Law and in updated schedules thereto. The prevailing wage rates and supplemental benefits to be paid are those in effect at the time the Work is being performed. See more at: xxxx://xxxxxxxxxxx.xxx.xxx/general-information/prevailing-wage/
Sample 1
Prevailing Rate of Wages. The wages paid for a legal day’s work to any employee, for work performed pursuant to this contract, shall not be less than the “PREVAILING RATE OF WAGE” as defined in Sections 220 and 230 of the New York State Labor Law, and as promulgated by the Comptroller of the City of New York in the attached Schedule of Wage Rates and in such updated Schedules as may be promulgated by the Comptroller during the course of the performance of this contract. Prevailing wage rates and supplemental benefits shall be paid for all labor categories under this Contract for which there are title classifications covered in the applicable Prevailing Rate Schedules promulgated by the Comptroller of the City of New York. The prevailing wage rates and supplemental benefits to be paid are those in effect as the work is being performed. The Field Operations Supervisor and Crew Supervisor are not covered by the prevailing wage Schedules unless the Field Operations Supervisor or Crew Supervisor also performs work that is performed by covered titles, then he or she must be paid at least the prevailing wage for such covered title duties. The Awardee shall provide the City with time sheets, with a xxxx of lading and with a notarized copy of the New York City Comptroller’s payroll report, supplying the name, address and social security number of each employee, These records are subject to a monthly audit. Employees’ canceled checks will be part of the audit.
Sample 1
Prevailing Rate of Wages. In accordance with the provisions of the California Labor Code, the City Council hereby determines that the general prevailing per diem rate of wages in the locality in which the work is to be performed, for laborers and for each craft or type of worker and mechanic employed in the execution of the contract, is the Union Wage Scale established for Santa Xxxx County, which wage scale as of the execution date of this contract is incorporated herein as if fully set forth. Overtime shall be not less than one and one-half (1-1/2) times the established rates. Sundays and holidays shall be not less than two (2) times the established rates. In payment of labor, the Contractor shall comply with the provisions of the Labor Code of the State of California, Sections 1770 to 1781 inclusive (Article 2, Chapter 1, Part 7, Division 2), and any acts amendatory thereto.
Sample 1
Prevailing Rate of Wages. The Work is subject to the Illinois Prevailing Wage Act (820 ILCS 130/1 et seq.) and the Contractor shall pay not less than the prevailing rate of wages for each craft or type of worker for the locality where the Work is to be performed, as determined by the Illinois Department of Labor and as periodically revised by the Department of Labor and shall comply with all other requirements of the Prevailing Wage Act.
Sample 1
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Related to Prevailing Rate of Wages

  • PREVAILING WAGE RATES The contractor shall comply with prevailing wage rates as defined by the United States Department of Labor Xxxxx-Xxxxx Wage Determination at xxxx://xxx.xxx.xxx/whd/contracts/dbra.htm and at the Wage Determinations website xxx.xxxx.xxx for Xxxxxx County, Texas (WD-2509).

  • Prevailing Wages Consultant is aware of the requirements of California Labor Code Section 1720, et seq., and 1770, et seq., as well as California Code of Regulations, Title 8, Section 16000, et seq., ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on "public works" and "maintenance" projects. If the Services are being performed as part of an applicable "public works" or "maintenance" project, as defined by the Prevailing Wage Laws, and if the total compensation is $1,000 or more, Consultant agrees to fully comply with such Prevailing Wage Laws. City shall provide Consultant with a copy of the prevailing rates of per diem wages in effect at the commencement of this Agreement. Consultant shall make copies of the prevailing rates of per diem wages for each craft, classification or type of worker needed to execute the Services available to interested parties upon request, and shall post copies at the Consultant's principal place of business and at the project site. It is the intent of the parties to effectuate the requirements of sections 1771, 1774, 1775, 1776, 1777.5, 1813, and 1815 of the Labor Code within this Agreement, and Consultant shall therefore comply with such Labor Code sections to the fullest extent required by law. Consultant shall defend, indemnify and hold the City, its officials, officers, employees, agents, and volunteers free and harmless from any claim or liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws.

  • Prevailing Wage The Recipient shall require that all Contractors and subcontractors working on the Project comply with the prevailing wage requirements contained in Revised Code Sections 164.07(B) and 4115.03 through 4115.16;

  • Alternate Rate of Interest If prior to the commencement of any Interest Period for a Eurodollar Borrowing: (a) the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the Adjusted LIBO Rate or the LIBO Rate, as applicable, for such Interest Period; or (b) the Administrative Agent is advised by the Required Lenders that the Adjusted LIBO Rate or the LIBO Rate, as applicable, for such Interest Period will not adequately and fairly reflect the cost to such Lenders (or Lender) of making or maintaining their Loans (or its Loan) included in such Borrowing for such Interest Period; then the Administrative Agent shall give notice thereof to the Borrower and the Lenders by telephone or telecopy as promptly as practicable thereafter and, until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (i) any Interest Election Request that requests the conversion of any Revolving Borrowing to, or continuation of any Revolving Borrowing as, a Eurodollar Borrowing shall be ineffective and (ii) if any Borrowing Request requests a Eurodollar Revolving Borrowing, such Borrowing shall be made as an ABR Borrowing; provided that if the circumstances giving rise to such notice affect only one Type of Borrowings, then the other Type of Borrowings shall be permitted.

  • Normal rate of interest Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of the Margin and LIBOR for that Interest Period.

  • PREVAILING RIGHTS All rights, privileges, and working conditions enjoyed by the employees at the present time which are not included in this Agreement shall remain in full force, unchanged and unaffected in any manner, during the term of this Agreement unless changed by mutual consent.

  • Negotiation of alternative rate of interest If the Agent’s notice under Clause 5.6 is served after an Advance is made, the Borrower, the Agent and the Lenders or (as the case may be) the Affected Lender shall use reasonable endeavours to agree, within the 30 days after the date on which the Agent serves its notice under Clause 5.6 (the “Negotiation Period”), an alternative interest rate or (as the case may be) an alternative basis for the Lenders or (as the case may be) the Affected Lender to fund or continue to fund their or its Contribution to the relevant Advance or Advances during the Interest Period concerned.

  • Limit on Rate of Interest (a) No Payment shall exceed Lawful Rate. Notwithstanding any other term of this Agreement, the Borrower shall not be obliged to pay any interest or other amounts under or in connection with this Agreement in excess of the amount or rate permitted under or consistent with any applicable law, rule or regulation.

  • Rate of Compensation In lieu of direct compensation for all overtime, shift work and standby (as defined in Articles 16, 17 and 18 of this Agreement), regular full-time employees shall receive a special compensation of 7% of their basic salary earned for each calendar year. This special compensation shall not be considered part of the employee's basic salary for the purpose of calculating any benefits or other premium entitlements.

  • Maximum Rate of Interest The Borrowers and the Lender Group hereby agree and stipulate that the only charges imposed upon the Borrowers for the use of money in connection with this Agreement are and shall be the specific interest and fees described in this Article 2 and in any other Loan Document. Notwithstanding the foregoing, the Borrowers and the Lender Group further agree and stipulate that all closing fees, agency fees, syndication fees, facility fees, underwriting fees, default charges, late charges, funding or “breakage” charges, increased cost charges, attorneys’ fees and reimbursement for costs and expenses paid by any member of the Lender Group to third parties or for damages incurred by the Lender Group, or any of them, are charges to compensate the Lender Group for underwriting and administrative services and costs or losses performed or incurred, and to be performed and incurred, by the Lender Group in connection with this Agreement and the other Loan Documents and shall under no circumstances be deemed to be charges for the use of money pursuant to Official Code of Georgia Annotated Sections 7-4-2 and 7-4-18 or any other Applicable Law. In no event shall the amount of interest and other charges for the use of money payable under this Agreement exceed the maximum amounts permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. The Borrowers and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and other charges for the use of money and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if the amount of such interest and other charges for the use of money or manner of payment exceeds the maximum amount allowable under Applicable Law, then, ipso facto as of the Agreement Date, the Borrowers are and shall be liable only for the payment of such maximum as allowed by law, and payment received from the Borrowers in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Revolving Loans to the extent of such excess.

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