REGULAR TURNOVER Sample Clauses

REGULAR TURNOVER. There should be regular turnover in the stocks hypothecated to the Bank and the Stocks should not be allowed to remain in the Borrower's possession for unduly long periods. In case of there is no regular turnover in the Stocks, the Bank reserves the right to stop further operations on the account and / or to refuse to accept further hypothecation of Stocks until all old Stocks are taken delivery of. Stock more than the period as described in the the Sanction Letter, the Individual Facility Sanction Letter (as the case may be) will be termed as old stock and will not be included in the drawing power limit.
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Related to REGULAR TURNOVER

  • REGULAR WORK YEAR 1. The annual salary established for employees covered by this Collective Agreement shall be payable in respect of the employees’ regular work year. The regular work year shall be the regular school year as established by the Board and shall not exceed one hundred and ninety-five (195) days in session per school year.

  • Regular Work Day Unless agreed upon by the City and the Association as set forth below under the heading “Alternate Work Schedule”, a regular workday is a tour of duty of eight (8) hours of work completed within not more than twenty-four

  • Regular Work Week The regular work week shall be any five (5) consecutive days, Sunday through Saturday, for a total regular work week of forty (40) working hours, subject to the applicable premiums where provided for in this Agreement. Notwithstanding the above, employees may volunteer to work schedules that fall outside of the regular work week of Sunday through Saturday and may do so, upon approval by the Company, and with no penalty cost to the Company, but with applicable premiums as provided for in this Agreement.

  • Regular Hours The regular hours of work each day shall be consecutive except that they may be interrupted by a lunch period.

  • Regular Full Time employee - Regular full-time employee shall mean an employee employed to meet ongoing operational requirements on a year-round basis and is scheduled to work the full-time hours contained in Article 18. Regular full-time employees who are laid off shall retain their regular full-time status with the Company while on layoff.

  • REGULAR WORK YEAR FOR TEACHERS 20.1 The annual salary established for employees covered by this agreement shall be payable in respect of the teacher's regular work year.

  • Regular Rate The regular rate of pay is defined as the employee's prescribed rate per hour, including any applicable shift pay, prison ("P" rate) pay, hazard pay, and on call pay.

  • Regular Overtime Any overtime work scheduled in advance of the administrative workweek as part of an employee's regularly scheduled workweek is considered regular overtime. An employee shall be compensated for every minute of regular overtime work in accordance with 5 CFR 550.

  • Regular Full-Time A regular full-time employee is any person employed on a full-time permanent basis whose duties fall within the bargaining unit as defined in Article 2 of this Agreement and who has completed the probationary period.

  • Regular Part-Time A regular part-time employee is someone who has a regular schedule of work providing less than seventy (70) hours bi-weekly.

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