Trading of Time Sample Clauses

Trading of Time. Unit employees may substitute [trade-time] for each other with the prior written permission of the Director and/or his designated representative. Employees must normally be within the same classification (ex. Paramedic for paramedic). Requests for trade-time must be submitted in advance of the requested trade. Permission to trade-time shall not be unreasonably denied. It shall be understood that trading of time [swapping shifts] shall be voluntary on the part of all unit employees involved and that approval shall not result in any Town liability for payment of overtime wages.
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Trading of Time. 1. Employees shall be permitted to voluntarily trade work or leave time with other employees. Trading shall not cause overtime. 2. No trade shall be in effect unless the Fire Department Administrator or established designee has been notified of the trade in advance. Trading by a Lieutenant with a Fire fighter shall be allowed, provided that another Lieutenant is scheduled to be on-duty. 3. All trades are subject to the Fire Department Administrator's approval or established designee's approval, but no trade shall be denied without cause. Cause shall include, but not be limited to, a person lacking the skills and knowledge necessary to perform the tasks associated with the job. Denial of trade time will require the Fire Department Administrator or designee to give a written explanation for the denial of the trade time. 4. After trade forms have been signed by the employees, and authorized by the administrator, the substitute shall assume all responsibility for failure to report for or remain on duty. 5. All trades will be single shift trades, and will be returned within twelve (12) months of the original trade.
Sample 1
Trading of Time. Members may trade shifts on a temporary basis when approved by the shift Battalion Chief in accordance with Department policy. All trades shall be returned within a year. Once a trade is agreed to by both Members and approved, the Member who agreed to work the traded day shall be fully responsible for the traded shifts. A trade of a trade will not be permitted unless approved in advance by the Fire Chief or designee. The Local will work with the City to insure that such time trades will not result in overtime costs.
Sample 1
Trading of Time. Unit employees may substitute (trade-time) for each other with the permission of the Fire Chief. Requests for trade-time must be submitted in advance of the requested trade. Permission to trade-time shall not be unreasonably denied except to prevent double shifts or ensure adequate coverage based on staffing needs. It shall be understood that swapping shifts shall be voluntary on the part of all employees involved and that approval shall not result in any Town liability for payment of overtime wages or any other foul). of compensation or benefits (including leave pay) that deviates from the regular work schedule.
Sample 1
Trading of Time. 1. Employees shall be permitted to voluntarily trade work or leave time with other employees. Trading shall not cause overtime. 2. No trade shall be in effect unless the Fire Department Administrator or established designee has been notified of the trade in advance. A trade can only be done within the same class, meaning a Captain can only trade with a Captain, a Lieutenant can only trade with a Lieutenant and a Firefighter can only trade with a Firefighter. 3. All trades are subject to the Fire Department Administrator’s approval or established designee’s approval, but no trade shall be denied without cause. Cause shall include, but not be limited to, a person lacking the skills and knowledge necessary to perform the tasks associated with the job. Denial of trade time will require the Fire Department Administrator or designee to give a written explanation for the denial of the trade time. 4. After trade forms have been signed by the employees, and authorized by the administrator, the substitute shall assume all responsibility for failure to report for or remain on duty. 5. All trades will be single shift trades, and will be returned within twelve (12) months of the original trade.
Sample 1
Trading of Time. [Swaps]: The Employer shall continue the practice of permitting employees to substitute for one another on regularly scheduled tours of duty (or for some part thereof) to permit an employee to absent him/herself from work to attend to purely personal pursuits. A. The trading of time shall have no effect on hours of work for overtime purposes if the following criteria are met: a. The trading of time is done voluntarily by the employees participating in the program and not at the behest of the Employer. b. The reason for trading to time is due, not to the Employers operations, but to the employee’s desire or need to attend to personal matters. c. A record is maintained by the Employer of all time traded by its employees. d. The period during which time is traded and paid back does not exceed twelve (12) months. B. The trading of time shall be at the discretion of and with prior approval of the Public Safety Chief or his/her designee, which approval shall not be unreasonably withheld. C. The Town shall not be held responsible for enforcing any agreement made between employees and shall not be under any financial obligation to the substitute for their duty as a substitute.
Sample 1
Trading of Time. It is understood and mutually agreed to by the PARTIES that the common practice of trading of time between bargaining unit EMPLOYEES, to substitute for one another on regularly scheduled tours of duty is permitted, provided that there is no effect on hours of work and that the following conditions are met: 1. EMPLOYEES who wish to trade time must submit a request in writing or electronically to appropriate supervisor at least one day prior to the first day of the exchange. The EMPLOYER may consider untimely requests submitted as a result of circumstances beyond the requesting EMPLOYEE’S control. The supervisor will approve/disapprove the request and maintain a record of all time traded. Disapproval, with justification thereof, will be provided in writing to the employee. 2. The trade must not result in any change to the compensation of either employee. Such exchanges shall not result in either employee working more or less than his/her total scheduled hours during a pay period or create a situation in which one or more EMPLOYEES would be entitled to additional compensation of any kind. 3. These changes will not degrade mission capability. 4. All time traded must be paid back in accordance with applicable current laws, rules and regulations. 5. An EMPLOYEE who exchanges duty time must be fit for duty when reporting for work.
Sample 1
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Trading of Time. Trading of Time [Shift Swaps] maybe exchanged between any member of the BFD at the discretion of and approval of the Duty Officer in charge. The City assumes no liability or responsibility for managing, tracking or paying for any work swaps.
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Trading of Time 
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Related to Trading of Time

  • Amending of Time Limits The time limits fixed in both the grievance and arbitration procedure may be extended by consent of the parties.

  • Time of the Essence; Computation of Time Time is of the essence for each and every provision of this Agreement. Whenever the last day for the exercise of any privilege or the discharge or any duty hereunder shall fall upon a Saturday, Sunday, or any date on which banks in New York, New York are authorized to be closed, the party having such privilege or duty may exercise such privilege or discharge such duty on the next succeeding day which is a regular business day.

  • TRADING HOURS In accordance with the valid customs for trading Crypto Assets, there are no restrictions on trading hours in the Crypto Transactions at Trade Republic, except for blocking periods due to maintenance work. During the respective periods of maintenance work, trading of Crypto Assets is not possible. The maintenance periods are shown in the Application. Therefore, the Customer must be aware that trading cannot be guaranteed continuously. The trading hours with Crypto Assets have no influence on the trading hours of other asset classes at Trade Republic, which can be retrieved on the Trade Republic Website or in the Application.

  • Felling of trees The Authority shall assist the Contractor in obtaining the Applicable Permits for felling of trees in non-forest area to be identified by the Authority for this purpose if, and only if, such trees cause a Material Adverse Effect on the construction or maintenance of the Project Highway. The Contractor shall fell these trees as per the Permits obtained. The cost of such felling shall be borne by the Authority and in the event of any delay in felling thereof for reasons beyond the control of the Contractor; it shall be excused for failure to perform any of its obligations hereunder if such failure is a direct consequence of delay in the felling of trees. The Parties hereto agree that the felled trees shall be deemed to be owned by the Authority and shall be disposed in such manner and subject to such conditions as the Authority may in its sole discretion deem appropriate. For the avoidance of doubt, the Parties agree that if any felling of trees hereunder is in a forest area, the Applicable Permit thereof shall be procured by the Authority within the time specified in the Agreement.

  • Calculation of Time For the purposes of this Agreement, “days” refers to calendar days unless otherwise specified.

  • Trading of the Public Securities on the Nasdaq Capital Market As of the Effective Date and the Closing Date, the Public Securities will have been authorized for listing on the Nasdaq Capital Market and no proceedings have been instituted or threatened which would effect, and no event or circumstance has occurred as of the Effective Date which is reasonably likely to effect, the listing of the Public Securities on the Nasdaq Capital Market.

  • Devotion of Time The Directors shall not be obligated and shall not be expected to devote all of their time or business efforts to the affairs of the Company (except, to the extent appropriate, in their capacity as employees of the Company).

  • Optional Exchange (a) The terms and conditions, if any, of an Optional Exchange will be specified in the related Supplement; provided, however, that any right of Optional Exchange shall be exercisable only to the extent that the Depositor provides upon the Trustee's request an Opinion of Counsel that (i) such exchange would not be inconsistent with continued satisfaction of the applicable requirements for exemption under Rule 3a-7 (or other applicable rule or exemption) under the Investment Company Act of 1940, as amended, and all applicable rules, regulations and interpretations thereunder and (ii) such exchange would not affect the characterization of the Trust as a "grantor trust" under the Code. The terms of an Optional Exchange may include, but are not limited to, the following: (i) a requirement that the exchanging Holder tender to the Trustee Certificates of each Class within such Series; (ii) a minimum Certificate Principal Balance or Notional Amount, as applicable, with respect to Certificates being tendered for exchange by a single Holder; (iii) a requirement that the Certificate Principal Balance or Notional Amount, as applicable, of each Certificate tendered for exchange be an Authorized Denomination; (iv) specified dates on which a Holder may effect such an Optional Exchange (each, an "Optional Exchange Date"), as specified in the applicable Supplement; (v) limitations on the right of an exchanging Holder to receive any benefit upon Optional Exchange from any Credit Support; and (vi) adjustments to the value of the proceeds of any Optional Exchange based upon required prepayment of future expense allocations and the establishment of a reserve for any unanticipated Extraordinary Trust Expenses. (b) Unless otherwise provided in the applicable Supplement, no Certificate may be exchanged pursuant to this Section 4.07 unless the Trustee has received at least 30 days (or such shorter period acceptable to the Trustee or specified in the applicable Supplement) but not more than 45 days prior to an Optional Exchange Date a telegram, telex, facsimile transmission or letter from a member of a national securities exchange or the National Association of Securities Dealers, Inc., the Depository (in accordance with its normal procedures) or a commercial bank or trust company in the United States setting forth the name of the Holder, the Certificate Principal Balance or Notional Amount of such Registered Certificate to be exchanged and the number or a description of the tenor and the terms of such Certificate, a statement that the Optional Exchange is being exercised thereby and an assurance that the Registered Certificate to be exchanged with the form entitled "Option to Elect Exchange" on the reverse of the Registered Certificate duly completed will be received by such Trustee not later than five Business Days after the date of such telegram, telex, facsimile transmission or letter, and such Certificate and form duly completed must be received by such Trustee by such fifth Business Day. Any tender by the Holder thereof for Optional Exchange shall be irrevocable. Unless otherwise provided in the applicable Supplement, the Optional Exchange option may be exercised pursuant to this Section 4.07 by the Holder of a Certificate for less than the aggregate Certificate Principal Balance or Notional Amount of such Certificate as long as the Certificate Principal Balance or Notional Amount remaining Outstanding after such Optional Exchange is an Authorized Denomination and all other requirements set forth in the related Supplement are satisfied. Upon such partial exchange, such Certificate shall be cancelled and a new Certificate or Certificates for the remaining Certificate Principal Balance or Notional Amount thereof shall be issued (which shall be in the name of the Holder of such exchanged Certificate). (c) Upon the completion of any such Optional Exchange, the Trustee shall give prompt written notice thereof to each Rating Agency.

  • Flex Time Upon agreement of the supervisor's immediate supervisor, an individual flex-time schedule may be established.

  • Call Time Employees recalled to work after leaving the premises of the Company, after completion of their regular shift, will be paid double rate for all hours worked, with a guaranteed minimum payment of two (2) hours at double rate, i.e., four (4) hours at straight time rate.

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