Minimum Hourly Rate definition

Minimum Hourly Rate means a minimum hourly rate of $18.00 per hour for each FTE employed as part of Company’s expansion of its operations in Grand Island. The hourly rate shall be determined by dividing the total wages and salaries paid to FTE’s by two thousand eighty (2,080).
Sample 1
Minimum Hourly Rate means a minimum of $17.50 per hour of each AFTE employed as part of Company’s expansion of its operations in Grand Island. The hourly rate shall be determined by dividing the total wages and salaries paid to AFTE’s by two thousand eighty (2,080).
Sample 1
Minimum Hourly Rate means the minimum basic hourly rate of pay applicable to a specific job as reflected in “Annexure A”;
Sample 1

Examples of Minimum Hourly Rate in a sentence

  • Minimum Hourly Rate of Pay does not include additional payments that may be required pursuant to Clause 12.- Additional Payments for Ordinary Hours, nor does it include any loading applicable pursuant to subclause (4) hereof.

  • The Minimum Hourly Rate for each classification shall be Step 1, and each pay line shall extend 40 steps with each classification’s Maximum Hourly Rate represented as Step 40.

  • Weekly Rate of PayArbitrated Safety NetMinimum Weekly RateMinimum Hourly Motor Vehicle Industry Employee Level 1 Motor Vehicle Industry Employee Level 2 Motor Vehicle Industry Employee Level 3 Motor Vehicle Industry Employee Level 4 Minimum Hourly Rate of Pay does not include additional payments that may be required pursuant to Clause 12.- Additional Payments for Ordinary Hours, nor does it include any loading applicable pursuant to subclause (4) hereof.

  • The Actual Rate of Pay shall not be less than the Minimum Hourly Rate.

  • The System Operators’ Minimum Hourly Rate for the optional extension years will subject to the rate adjustment rule below.

  • Effective November 8, 2021, when any employee of the bargaining unit performs the duties of a position in a classification higher than the classification currently held by the employee (meaning the Minimum Hourly Rate or Step 1 is higher than the employee’s current classification), the employee shall receive a temporary pay increase to the hiring rate of the higher classification or an increase in accord with Section 11.8, whichever is higher, but in no case shall the employee receive a pay reduction.

  • Minimum Weekly Rate of PayMinimum Hourly Rate of Pay Minimum Hourly Rate of Pay does not include additional payments that may be required pursuant to Clause 12.- Additional Payments for Ordinary Hours, nor does it include any loading applicable pursuant to subclause (4) hereof.(c) The following shall be the minimum rate of wages payable to employees under this award from the beginning of the first pay period commencing on or after 1st March 1999.

  • For Casual Employees this will be calculated on their Minimum Hourly Rate plus Casual Loading.

  • Minimum Hourly Rate $40.00Minimum 1 hour Fare ($40.00) must be charged for each engagement.

  • Appendix 1 S.I. No. 95/2000 - National Minimum Wage Act, 2000 (National Minimum Hourly Rate of Pay) Order, 2000 I, Mary Harney, Minister for Enterprise, Trade and Employment, in exercise of the power conferred on me by section 11 of the National Minimum Wage Act, 2000 (No. 5 of 2000), having taken into account the impact the national minimum hourly rate of pay may have on employment, the overall economic conditions in the State and national competitiveness, hereby order as follows:1.


More Definitions of Minimum Hourly Rate

Minimum Hourly Rate shall have the meaning given to it in Clause 6.6.
Sample 1
Minimum Hourly Rate means the hourly rate as set out in Schedule 1 of this Agreement applicable to your classification.
Sample 1

Related to Minimum Hourly Rate

  • Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for contractor personnel, as well as subcontractor personnel if appropriate.

  • Hourly Rates means payment on the basis of time reasonably spent on a case (as opposed to payment by way of a Standard Fee) where payment is based on the rates set out in the Remuneration Regulations;

  • Minimum Hourly Work Requirement means the work hours over a given time period that are required of you by your Employer in order to be eligible for coverage. Your Minimum Hourly Work Requirement is specified in the Schedule of Benefits.

  • hourly rate of pay means an employee's weekly rate of pay divided by thirty-five (35).

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.

  • Fully Burdened Hourly Labor Rate means an hourly rate that includes all salary, overhead costs, general and administrative expenses, and profit.

  • relevant minimum wage means the minimum wage and includes any incremental adjustment prescribed in this award for the class of work for which an employee is engaged

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Minimum Run Time For all generating units that are not combined cycle units, “Minimum Run Time” shall mean the minimum number of hours a unit must run, in real-time operations, from the time after generator breaker closure, which is typically indicated by telemetered or aggregated State Estimator megawatts greater than zero, to the time of generator breaker opening, as measured by PJM's State Estimator. For combined cycle units, “Minimum Run Time” shall mean the time period after the first combustion turbine generator breaker closure, which is typically indicated by telemetered or aggregated State Estimator megawatts greater than zero, and the last generator breaker opening as measured by PJM’s State Estimator.

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Minimum Payments $50 (with respect to all funds in the aggregate.)

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Clock hour means either of the following:

  • Maximum Weekly Starts means the maximum number of times that a generating unit can be started in one week, defined as the 168 hour period starting Monday 0001 hour, under normal operating conditions.

  • Nominal Rated Capability means the nominal maximum rated capability in megawatts of a Transmission Interconnection Customer’s Customer Facility or the nominal increase in transmission capability in megawatts of the Transmission System resulting from the interconnection or addition of a Transmission Interconnection Customer’s Customer Facility, as determined in accordance with pertinent Applicable Standards and specified in the Interconnection Service Agreement.

  • ANNUAL RATE ADJUST: MONTHLY P&I : 1,761.04 OUTSIDE CONV DATE : LIFETIME RATE : 8.00000 MATURITY DATE : 01/01/27 CURRENT INT RATE: 8.00000 PRODUCT CODE : 002 LTV : 80.00000 ------------------------------------------------------------------ 0 0030726640 MORTGAGORS: TERRY THOMAS XXXXX DENISE REGION CODE XXXXXXX : 0 XXXXXXXX XXXX 01 CITY : AUSTIN STATE/ZIP : TX 78738 MORTGAGE AMOUNT : 000,050.00 OPTION TO CONVERT : UNPAID BALANCE : 264,872.15 ANNUAL RATE ADJUST: MONTHLY P&I : 1,944.85 OUTSIDE CONV DATE : LIFETIME RATE : 8.00000 MATURITY DATE : 01/01/27 CURRENT INT RATE: 8.00000 PRODUCT CODE : 002 LTV : 90.00000 ------------------------------------------------------------------ 0 0030726665 MORTGAGORS: FUSCO ARTHUR XXXXX JOELLEN REGION CODE XXXXXXX : 0000 XXXXXXXXXXX AVENUE 01 XXXX : XXX XXXXS STATE/ZIP : NV 89117 MORTGAGE AMOUNT : 000,000.00 OPTION TO CONVERT : UNPAID BALANCE : 349,398.20 ANNUAL RATE ADJUST: MONTHLY P&I : 2,629.43 OUTSIDE CONV DATE : LIFETIME RATE : 8.25000 MATURITY DATE : 12/01/26 CURRENT INT RATE: 8.25000 PRODUCT CODE : 002 LTV : 83.33300 ------------------------------------------------------------------ - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,399,950.00 P & I AMT: 10,333.61 UPB AMT: 1,398,004.37

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.

  • Minimum wage means wages as defined under the Minimum Wages Act-1948 and amended from time to time.

  • Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.