Minimum Qualifying Hours definition

Minimum Qualifying Hours means 1,252 hours in the 2008 calendar year or, in the case of an employee commencing employment after January 1, 2008, 1,252 hours in the 2008 calendar year, factored down by a fraction, the numerator of which is calculated as (365 – the number of days in 2008 prior to the commencement of employment) and the denominator of which is 365. By way of example, in the case of a Salaried Employee commencing employment on January 15, 2008, the Minimum Qualifying Hours would be 1,252 x (365-14) / 365 = 1,204.
Minimum Qualifying Hours means 1,252 hours in the 2009 calendar year or, in the case of an employee commencing employment after January 1, 2009, 1,252 hours in the 2009 calendar year, factored down by a fraction, the numerator of which is calculated as (365 – the number of days in 2009 prior to the commencement of employment) and the denominator of which is 365. By way of example, in the case of a Salaried Employee commencing employment on January 15, 2009, the Minimum Qualifying Hours would be 1,252 x (365-14) / 365 = 1,204.
Minimum Qualifying Hours means 1,252 hours in the 2010 calendar year or, in the case of an employee commencing employment after January 1, 2010, 1,252 hours in the 2010 calendar year, factored down by a fraction, the numerator of which is calculated as (365 – the number of days in 2010 prior to the commencement of employment) and the denominator of which is 365. By way of example, in the case of a Salaried Employee commencing employment on January 15, 2010, the Minimum Qualifying Hours would be 1,252 x (365-14) / 365 = 1,204.

Related to Minimum Qualifying Hours

  • the qualifying period means the period of 12 years immediately preceding the date of publication of the advertisements referred to in paragraph (A)(iv) above or of the first of the two advertisements to be published if they are published on different dates; and

  • 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.

  • Qualifying week means the 15th week before the expected week of childbirth.

  • Qualifying Time Period means the period defined in Section 2.3.C, during which the Applicant shall make investment on the Land where the Qualified Property is located in the amount required by the Act, the Comptroller’s Rules, and this Agreement.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • 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

  • Qualifying year means the calendar year to which the qualifying certificate applies.

  • Eligibility Waiting Period means the continuous length of time you must be in Active Employment in an eligible class to reach your Eligibility Date.

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

  • 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.

  • 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 Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Qualifying Service means one year or more of continuous service and residence away from the home country and the country of nationality of a staff member, or the country where the staff member has acquired permanent resident status.

  • 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.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

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

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

  • Run-out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Eligibility period means the period in which a business may

  • Pre-Qualifying Criteria means the criteria set out in clause 27.3 of this Part C.

  • New Qualifying Jobs means the total number of jobs to be created by the Applicant after the Application Approval Date in connection with the project that is the subject of its Application that meet the criteria of Qualifying Job as defined in Section 313.021(3) of the TEXAS TAX CODE and the Comptroller’s Rules.

  • Earn-Out Period has the meaning set forth in Section 2.3(a).

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.