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.
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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.
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Special Rates Not Cumulative. (a) The penalties herein prescribed are in substitution for and not cumulative upon the shift allowances prescribed in (x).
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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
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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.
Sample 1
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.
Sample 1
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Related to Special Rates Not Cumulative

  • 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 (a) Each Base Rate Loan shall bear interest on the outstanding principal amount thereof, for each day from the date such Loan is made until it becomes due, at a rate per annum equal to the Base Rate for such day. Such interest shall be payable for each Interest Period on the last day thereof. Any overdue principal of or interest on any Base Rate Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the rate otherwise applicable to Base Rate Loans for such day.

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