Bank of Hours definition

Bank of Hours means the provisions by which a participant can accumulate hours in accordance with the Plan’s rules and regulations.
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Bank of Hours means, unless otherwise set forth in the Proposal, a system whereby VWT and the Customer create a kind of account in which the worked hours (or consumed hours) are recorded against an offered quota of hours and credited as follows. If any quota of hours offered by VWT is not fully consumed by the Customer in any given period of time, the account of the latter is credited for any such non-consumed hours for the next period of time; if the Customer has consumed more than offered in its quota of hours, any hour consumed in excess of any such quota will be debited to such an account..
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Examples of Bank of Hours in a sentence

  • Bank of Hours Each Union shall be afforded a bank of hours equaling two (2) hours for each full-time bargaining unit member and one (1) hour for each part-time bargaining unit member.

  • Union business not charged to the Bank of Hours shall be tracked for time spent in these activities: MOU negotiations and Meet and Confers.

  • SICK LEAVE BANK OF HOURSGeneral Leave hours that would accrue above the maximum accrual limit described in paragraph B.2. above but for such limit, shall be placed in a Sick Leave Bank of Hours with a maximum accrual limit of 520 hours.

  • All of the Participant’s banked hours and worked hours for the Qualifying Period from December 22, 2019 to June 20, 2020 will be applied to the Benefit Period of September 1, 2020 to February 28, 2021 prior to the granting of the special no-cost COBRA coverage, and no hours will be retained in the Participant’s Bank of Hours.

  • To use any portion of the Reserve Bank of Hours, the State will submit a Statement of Work (SOW) to the Contractor for the additional services requested.

  • Right now, they are covered with Buckthorn, and it will only get worse and do more damage to the native plant community.

  • The costs, including the provision of services (e.g., caretaking, cleaning etc) under the Additional Bank of Hours are included in the Unitary Charge payment.

  • Retroactive Payment--Rate Grievance Retroactivity Investigation of Grievance During Working hours Union Representative Investigationof Grievance After Working Hours-- Bargaining Committee Labour Management Monthly Meeting Employe or Loss of Time Bank of Hours Dispute Seniority Defined Probationary Employees Loss of Seniority Article Page Para.

  • Each Pilot PPP School has access to an Additional Bank of Hours allowance which provides access to FM resource outside of regular school hours.

  • Limited TPI is evidenced in the monthly FM reporting, with a large proportion of the TPU evidenced falling within the Additional Bank of Hours which is already paid for within the Unitary Charge and therefore does not generate TPI.

Related to Bank of Hours

  • Bank of America means Bank of America, N.A. and its successors.

  • Telephone Banking Service or “TBS” means any banking service operated over the telephone (by whatever name it may be known as) offered by the Bank, in connection with the Service Instructions and includes but is not limited to such services respectively known as Self Service Phone Banking and CitiPhone Banking; and

  • New York Banking Day means any day except a Saturday, Sunday or a legal holiday in The City of New York or a day on which banking institutions in The City of New York are authorized or obligated by law, regulation or executive order to be closed.

  • Bank of America Fee Letter means the letter agreement, dated January 4, 2011, among the Borrower, Bank of America and MLPFS.

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • Mobile Banking Service means the EB Services which we enable you to access via the Mobile Banking App or a web browser designed for use on a Mobile Device; and

  • Local Banking Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the place of presentation of the relevant Covered Bond or, as the case may be, Coupon; and

  • JPMorgan Chase Bank JPMorgan Chase Bank, N.A.

  • Wells Fargo Bank Wells Fargo Bank, N.A., or its successor in interexx.

  • Bank Office means the designated office for payment of the Bank as indicated on the signature page hereof. The Bank will notify the Issuer in writing of any change in location of the Bank Office.

  • PNC Bank means PNC Bank, National Association.

  • Credit hour means 50 minutes of classroom instruction in

  • Bank Agent means Bank of America, N.A., in its capacity as administrative agent for the Bank Lenders under the Bank Credit Agreement, and its successors and assigns in such capacity.

  • JPMorgan means JPMorgan Chase Bank, N.A.

  • Electronic agent means a computer program or an electronic or other automated means used independently to initiate an action or respond to electronic records or performances in whole or in part, without review or action by an individual.

  • Overnight Bank Funding Rate means, for any day, the rate comprised of both overnight federal funds and overnight Eurodollar borrowings by U.S.-managed banking offices of depository institutions (as such composite rate shall be determined by the NYFRB as set forth on its public website from time to time) and published on the next succeeding Business Day by the NYFRB as an overnight bank funding rate (from and after such date as the NYFRB shall commence to publish such composite rate).

  • LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).

  • L/C Bank means the Acceptable Bank providing a letter of credit pursuant to Section 5.3 of the Facility Lease.

  • Overnight LIBOR Rate means, in relation to any Loan in a LIBOR Quoted Specified Alternative Currency for any day, a rate per annum equal to the London Interbank Offered Rate (“LIBOR”) for such currency or, if such rate is not available, a comparable or successor rate which rate is reasonably selected by the Administrative Agent, as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time) at approximately 11:00 a.m. (London time) for an amount comparable to the amount of that Loan on such day for overnight deposits in the relevant currency, and, if any such applicable rate is below zero, the Overnight Libor Rate for such day will be deemed to be zero; provided, that, after the date hereof and to the extent a comparable or successor rate is reasonably selected by the Administrative Agent (as contemplated above), such selected rate shall be applied in a manner consistent with market practice; provided, further that to the extent such market practice is not administratively feasible for the Administrative Agent, such selected rate shall be applied in a manner as otherwise reasonably determined by the Administrative Agent.

  • JPMCB means JPMorgan Chase Bank, N.A.

  • JPMorgan Chase means JPMorgan Chase Bank, N.A.

  • Authorized Branches means those Branches of Distributors or Distribution Companies which are allowed by the Management Company to deal in Units of the Funds managed by the Management Company.

  • Mizuho means Mizuho Bank, Ltd.

  • Banking Days are days on which banks are open both in the country of the currency stipulated for the Purchase Price in Clause 1 and in the place of closing stipulated in Clause 8.

  • Internet Banking means the service we offer by which you can access and transact on a nominated account by using a personal computer and accessing via our website. This includes transactions processed through the mobile banking facility as well as the smartphone app facility.

  • RFR Banking Day means any day specified as such in the Reference Rate Terms.