Special Rates Not Cumulative Sample Clauses

Special Rates Not Cumulative. Where more than one of the disabilities set out in subclause 5.9.3 entitles an employee to extra rates, the employer shall be bound to pay only one rate, namely the highest rate for the applicable disabilities. This does not apply in relation to cold places, hot places, wet places, confined spaces, dirty work or height money, the rates for which are cumulative.
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Special Rates Not Cumulative. The Special Rates shall be paid irrespective of the times at which the work is performed, and shall not be subject to any premium or penalty additions.
Special Rates Not Cumulative. (a) The penalties herein prescribed are in substitution for and not cumulative upon the shift allowances prescribed in (x).
Special Rates Not Cumulative. The special rates herein prescribed for overtime and week end rates are in substitution for and not in addition to the shift allowances prescribed. Clause 17 Overtime and Meal allowance
Special Rates Not Cumulative. The special rates prescribed in clause 14 are in substitution for and not in addition to the shift loadings prescribed in clause 13.
Special Rates Not Cumulative. When more than one (1) of the disabilities set out in this clause exists on the same job, the Corporation is required to pay only one (1) rate. This rate will be the highest for the relevant disabilities, but where the disabilities are separate and distinctive they will be cumulative.
Special Rates Not Cumulative. Where more than one of the disabilities entitling an FTM to extra rates exists on the same job, the employer shall be bound to pay only one rate, namely - the highest for the disabilities prevailing. Provided that this subclause shall not apply to confined space, dirt money, height money, or hot work, the rates for which are cumulative.
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Special Rates Not Cumulative. Where more than one of the disabilities entitling an employee to extra rates exists on the same job, the Company shall be bound to pay only one rate, namely the highest for the disabilities so prevailing. Provided further that this sub clause shall not apply to confined space, dirt money, height money, hot work, wet work, first aid allowance or lack of amenities allowance, the rates for which are cumulative.

Related to Special Rates Not Cumulative

  • Special Rates 5.9.4 Transfer, Traveling and Working Away From Usual Place of Work

  • FIXED RATES If a fixed rate is in this Agreement, it is based on an estimate of the costs for the period covered by the rate. When the actual costs for this period are determined, an adjustment will be made to a rate of a future year(s) to compensate for the difference between the costs used to establish the fixed rate and actual costs.

  • Accrual Rates All eligible employees shall accrue vacation pay according to the following rates:

  • Interest Rate Limitation Notwithstanding anything to the contrary contained in any Loan Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”). If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower. In determining whether the interest contracted for, charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the effects thereof, and (c) amortize, prorate, allocate, and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder.

  • Interest Rates The Administrative Agent does not warrant, nor accept responsibility, nor shall the Administrative Agent have any liability with respect to the administration, submission or any other matter related to any reference rate referred to herein or with respect to any rate (including, for the avoidance of doubt, the selection of such rate and any related spread or other adjustment) that is an alternative or replacement for or successor to any such rate (including, without limitation, any Successor Rate) (or any component of any of the foregoing) or the effect of any of the foregoing, or of any Conforming Changes. The Administrative Agent and its affiliates or other related entities may engage in transactions or other activities that affect any reference rate referred to herein, or any alternative, successor or replacement rate (including, without limitation, any Successor Rate) (or any component of any of the foregoing) or any related spread or other adjustments thereto, in each case, in a manner adverse to the Borrower. The Administrative Agent may select information sources or services in its reasonable discretion to ascertain any reference rate referred to herein or any alternative, successor or replacement rate (including, without limitation, any Successor Rate) (or any component of any of the foregoing), in each case pursuant to the terms of this Agreement, and shall have no liability to the Borrower, any Lender or any other person or entity for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or other action or omission related to or affecting the selection, determination, or calculation of any rate (or component thereof) provided by any such information source or service.

  • Fixed Rate In the event the Borrower has opted for a Fixed Rate of interest, the interest rate shall remain fixed throughout the tenure of the Loan. The applicable Fixed Rate shall be the prevailing interest rate on the date of disbursement.

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