Substitute Rate. A regular bargaining unit member assigned to perform the work of an absent bargaining unit member will be paid the regular hourly rate for those duties consistent with the reassignment (not all positions consist of the same number of hours/days). Substitutes shall be used to perform bargaining unit work only during instances of an absence by regular bargaining unit members or when an unfilled temporary vacancy exists.
Substitute Rate. Teachers employed on a contract providing less than full-time employment who accept a substitute teacher assignment shall be paid no less than two-third (2/3) of the substitute teacher rate determined solely by the Board, unless the substitute assignment is with the class normally a part of the teacher's regular assignment. In those cases where the substitute assignment is with the class normally a part of the teacher's regular assignment, the rate of pay shall be the difference between the teacher's contracted daily rate and a full-time daily rate for the teacher's training and experience.
Substitute Rate. Non-Exempt employee who serves as a substitute teacher shall do so on a voluntary basis, except in emergency situations as determined by the Principal. Such substitute shall receive either the regular substitute rate of pay or their regular wage rate plus $2.00 per hour, whichever is greater.
Substitute Rate. Anything herein to the contrary notwithstanding, if within two Euro-Dollar Business Days, in the case of Euro-Dollar Loans or Competitive Bid LIBOR Loans, prior to the first day of an Interest Period none of the Reference Banks is, for any reason whatsoever, being offered Dollars for deposit in the relevant market for a period and amount relevant to the computation of the rate of interest on a Fixed Rate Loan for such Interest Period, the Administrative Agent shall give the Borrower and each Lender prompt notice thereof and on what would otherwise be the first day of such Interest Period such Loans shall be made as Base Rate Loans.
Substitute Rate. Unit members paid on the regular certificated salary schedule as provided for in Section 1 of this Article shall be paid the long-term substitute rate when they work as a substitute during their off-track intersession or other scheduled time off.
Substitute Rate. The “covering”
Substitute Rate. The substitute rate for positions covered by this agreement will be $17.00 an hour.
Substitute Rate. 17 8.1.2.1 If a unit member is directed to work out of a 18 classification that is at a lower or higher range than 19 his/her own, he/she will be paid on Step #1 of that 20 range or their current hourly salary, which ever is 21 higher, effective from the first day of work.
22 8.1.2.2 If a unit member volunteers to work out of a 23 classification that is in a higher rate that his/her own, 24 he/she will be paid on Step #1 of that range or their 25 own hourly salary, which ever is higher, effective 26 from the first day of work.
27 8.1.2.3 If a unit member volunteers work out of a 28 classification that is in a lower range than his/her own, 1 he/she will be paid at Step #1 of the lower range in 2 which he/she is voluntarily substituting, effective 3 from the first day of work.
Substitute Rate. Anything in this Agreement to the contrary notwithstanding, if at any time prior to the determination of the rate with respect to any proposed Loan the Majority Lenders in their discretion shall determine with respect to Eurodollar Loans to be made or continued by them on the applicable Borrowing Date or continuation date or, with respect to Loans to be converted to Eurodollar Loans, on the applicable conversion date, that there is a reasonable probability that Dollar deposits will not be offered to such Lenders in the interbank eurodollar market for a period of time equal to the applicable Interest Period in amounts equal to the amount of each such Lender's Eurodollar Loan in Dollars or that the Eurodollar Rate does not reflect the cost of funding by the Lenders or that adequate and fair means do not exist to be able to determine the Eurodollar Rate, then:
(A) the Majority Lenders (acting through the Administrative Agent) or the Administrative Agent, as the case may be, shall give the Company notice thereof; and
(B) Alternate Base Rate Loans or Federal Funds Rate Loans, as selected by the Company in accordance with Section 2.01(c) (or, if the Company does not provide timely notice of its selection, Alternate Base Rate Loans) shall be made in lieu of any Eurodollar Loans that were to have been made at such time.
Substitute Rate. If the Bank shall have determined that (i) US dollar deposits in the relevant amount and for the relevant Interest Period are not available to the Bank in the London interbank market; (ii) by reason of circumstances affecting the Bank in the London interbank market, adequate means do not exist for ascertaining the LIBOR Rate applicable hereunder to the LIBOR Rate Loan, or (iii) the LIBOR Rate no longer adequately reflects the Bank’s cost of funding the Loan, then, upon notice from the Bank to the Borrower, the LIBOR Rate Loan shall automatically convert to a LIBOR-Reference Banks Loan. During any such suspension, the Loan shall be classified as a LIBOR-Reference Banks Loan.
