Pyramiding definition

Pyramiding means the payment of two (2) or more premiums under different provisions of this Collective Agreement for the same hours worked.

Pyramiding means the use of unrealized profits on existing Commodities positions to provide margins for additional Commodities positions of the same or a related commodity.

Pyramiding means the use of unrealized profits on existing Currencies to provide margin for additional Currencies positions of the same or related Currency.

Examples of Pyramiding in a sentence

• Pyramiding ......................................................................................................

• Section 5.01 Intent And No Pyramiding This Article is intended to set forth the normal hours of work and to provide a basis for computing overtime and premium pay, and shall not be construed as a guarantee or limitation on overtime hours or on hours of work per day or per week, nor shall anything in this Agreement be so construed as to permit the pyramiding or duplicating of overtime or premium payments.

• No Pyramiding Employees who are assigned to work overtime at premium rates of pay between hours and hours shall be paid the said shift premium, but the premium overtime rate shall be calculated on the regular rate of pay not including the shift premium.

More Definitions of Pyramiding

Pyramiding means the use of unrealized profits on existing Commodities to provide margin for additional Commodities positions of the same or related Commodities.

Pyramiding. The payment of more than one form of premium compensation for the same hours of work.

Pyramiding mean the use of unrealized profits on existing Commodities positions to provide margin for additional Commodities positions of the same or related Commodity.

Pyramiding means a Participant's payment, in whole or in part, of the Exercise Price of an Option made by exchanging a Share(s) that the Participant had acquired pursuant to the exercise of another option during the preceding six (6) months (under this Plan or any other plan or program of the Corporation or a Subsidiary) or had otherwise acquired from the Corporation or a Subsidiary during the preceding six (6) months without paying full consideration for such Share(s).

Pyramiding means the use of unrealized profits on existing Instruments to provide margin for additional Instruments positions of the same or related Instrument.

Pyramiding for the purpose of this Article, shall mean using or “counting” overtime hours paid at time and one-half (1-1/2) toward the FLSA overtime threshold of forty

Pyramiding means a method of using all or a part of an unrealized profit in a Commodity Contract position to provide margin for any additional Commodity Contracts of the same or related commodities.