Second Fiscal Year Wage Adjustment Sample Clauses

Second Fiscal Year Wage Adjustment. Effective July 1, 2020, all salary ranges and rates for classes covered by this Agreement shall be increased by two and one-half percent (2.5%), rounded to the nearest cent. Salary increases provided by this section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grid for classes covered by this Agreement is contained in Appendix B-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.
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Second Fiscal Year Wage Adjustment. ‌ Effective July 1, 2022, all salary ranges and rates shall be increased by two and one-half percent (2.5%), rounded to the nearest cent. Salary increases provided by this section shall be given to all nurses, including those nurses whose rates of pay exceed the maximum for their class. The compensation grid for classes covered by this Agreement is contained in Appendix D-2. Conversion to the new compensation grid shall not change a nurse’s eligibility for step progression increases.
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Second Fiscal Year Wage Adjustment. The salary ranges for employees covered by this Agreement are shown in Appendix C. Effective July 1, 2008, all salary ranges and rates shall be increased by three and one-quarter (3.25) percent, rounded to the nearest cent.
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Second Fiscal Year Wage Adjustment. Effective August 23, 2006, all salary ranges and rates shall be increased by two (2.0) percent, rounded to the nearest cent. Effective August 23, 2006, all supervisors shall be assigned to the same relative salary step within the salary range for their respective class as specified in Appendix G except as set forth below. Effective August 23, 2006, all supervisors, including those supervisors whose rates of pay exceed the maximum rate of pay for their class shall receive a salary increase of two (2.0) percent. Conversion to the new compensation grid shall not change a supervisor’s eligibility for step progression increases.
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Second Fiscal Year Wage Adjustment. Effective July 1, 2008, all salary ranges and rates for classes covered in this Agreement shall be increased by three and one-quarter percent
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Second Fiscal Year Wage Adjustment. Section 5. Progression.................................................................................................................... Section 6. Achievement Awards.....................................................................................................
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Second Fiscal Year Wage Adjustment. There is no second fiscal year wage adjustment. The salary ranges for employees covered by this Agreement are shown in Appendix B.
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Second Fiscal Year Wage Adjustment. Effective July 1, 2014 July 1, 2016, all salary ranges and 2 rates for classes covered by this Agreement with the exception of the maximum rates for classes assigned to 3 compensation codes 9J, 11K, and 14K shall be increased by threetwo and one-half percent (3.02.5%), rounded
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Related to Second Fiscal Year Wage Adjustment

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) its and each of its Domestic Subsidiaries’ fiscal years to end on December 31 of each calendar year and (ii) its and each of its Domestic Subsidiaries’ fiscal quarters to end on March 31, June 30, September 30 and December 31 of each calendar year.

  • Year-End Adjustment If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment advisory fees waived or reduced and other payments remitted by the Adviser to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution. (b) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall also be subject to adjustment pursuant to Section 6.9.

  • Fiscal Year; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.

  • Annual Accounting Period The annual accounting period of the Company shall be its taxable year. The Company’s taxable year shall be selected by the Member, subject to the requirements and limitations of the Code.

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Minimum Cash Balance Licensee shall fund the Facility Checking Account --------------------- with an initial amount equal to $25,000.00 and thereafter Licensee shall provide the working capital required by Section I(H) of this Agreement

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

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