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Base Increases definition

Base Increases. For purposes of this section, “base salary” shall mean a qualifying employee’s straight time hourly rate of pay as shown on salary schedule, and shall not include overtime, skill pay, or other special salary differential(s) or pay.
Sample 1

Examples of Base Increases in a sentence

  • Following is a draft scope of work for the assessment of the No. 2 plant as stipulated in the RFQ.

  • Rates of disability were as follows: All Plans Age Male Female 200.0090%0.0051%250.0128%0.0073%300.0165%0.0094%350.0221%0.0125%400.0330%0.0187%450.0539%0.0306%500.0909%0.0515%550.1513%0.0858%600.2440%0.1383%650.1500%0.1500% Social Security Disability (for Judges’ disability benefit offset): Eligibility: 50%Consumer Price Index Increases: 2.25% per annum Wage Base Increases: 3.00% per annum Workers’ Compensation (for Judges’ disability benefit offset): None assumed.

  • Optimizing Your Retirement Benefits Through Your Benefit BaseSince your LPAs are calculated from your Benefit Base it is important to understand what the Benefit Base is and its two key features – Benefit Base Increases and the Benefit Base Floor.Benefit Base1The Benefit Base is the amount used to calculate rider benefits under the terms of the Contract.

  • Rates of disability were as follows: All Plans Age Male Female 200.0120%0.0060%250.0171%0.0085%300.0220%0.0110%350.0295%0.0147%400.0440%0.0220%450.0719%0.0360%500.1212%0.0606%550.2018%0.1009%600.3254%0.1627%650.2500%0.2500% Social Security Disability (for Judges’ disability benefit offset): Eligibility: 50%Consumer Price Index Increases: 2.5% per annum Wage Base Increases: 3.25% per annum Workers’ Compensation (for Judges’ disability benefit offset): None assumed.

  • For the above reasons, Environmental Defence requests that the Board reject OPG’s contracting strategies.Darlington Refurbishment Rate Base Increases: Contrary to rate-making principles 38.

  • BASE INCREASES Governor Proposes Budget-Year Base Increases for Each Segment.

  • FY 2019 Proposed Base Amendment to the Commission Approved FY 2019 Budget $24,956: FY 2019 Proposed One-Time Amendment to the Commission Approved FY 2019 Budget of$46,518: $46,518 OHV Replacement FY 2020 Proposed Base Increases of $70,558: FY 2020 Proposed One-Time Increase of $1,005: $1,005 Level One Fingerprint Clearance Cards Commissioner Davis stated that the budget committee supports the Department’s recommendation.

  • The bid must contain the following:- Filled in and signed Bid Form (Annex 1);- Filled in and signed Bill of Quantity (Annex 2.);- Filled in and signed Statement about the absence of reasons for mandatory exclusion (for the Bidder, and if applicable for subcontractors and members of the consortium) (Annex 4.).

  • Governor Also Proposes Future Base Increases for the Universities.

Related to Base Increases

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Annual increase means, initially, fifty-nine cents per month

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Available Incremental Amount has the meaning set forth in Section 2.14(d)(v).

  • Fixed Incremental Amount means (i) the greater of $610,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Tax Increase means that portion of the annual real estate taxes assessed against the Premises (or the Entire Premise, if applicable), as calculated immediately following the Reassessment, that is attributable solely to the Reassessment. Accordingly, a Tax Increase shall not include any portion of the real estate taxes, as calculated immediately following the Reassessment, that is:

  • Increase Amount is defined in Section 2.3(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • Tax Increment means the difference between:

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Extension Rate means, for each distribution date following a Failed Remarketing with respect to the class A-5 notes if such notes are then in foreign exchange mode, the rate of interest payable to the related currency Swap Counterparty, generally not to exceed three-month LIBOR plus 0.75%, unless the remarketing agent, in consultation with the administrator, determine that market conditions or some other benefit to the trust requires a higher rate; provided that in each case the Rating Agency Condition is satisfied.

  • Capital Increase has the meaning given in clause 3.2(a);

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Incremental Effective Date has the meaning specified in Section 2.15(c).

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Increased Amount of any Indebtedness shall mean any increase in the amount of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms, accretion of original issue discount or liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness.

  • Increased Rate means, with respect to any Increased Rate Period for a Series of RVMTP Shares, the Index Rate for such Increased Rate Period plus an Applicable Spread of 5.92%.

  • Increased Amount Date shall have the meaning provided in Section 2.14(a).

Most Referenced Clauses

Most Referenced Definitions