Shift Differential Rate definition

Shift Differential Rate. Benefits", "Overtime Rates" and "Hours of Work" Articles of this Agreement do not apply for work such as driveway and parking lot construction, railroad construction, landscaping, precast concrete erection, fencing or demolition. When such work is undertaken, the classifications, wages, weekly hours of work, shift differential rate and overtime rates appropriate for the class and character of work shall be as established by the nearest influencing representative agreements between locals of the Union and builders' exchanges, contractors' associations or contractors for the class and character of work. For tunneling work the wages, classifications, shift differential rates, compressed air premiums, hours of work and other individual employee working conditions shall be as set forth in the Tunnel Schedule of the Collective Agreement between the Heavy Construction Association of Toronto and the Labourers Union.
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Shift Differential Rate. Benefits", "Overtime Rates" and "Hours of Work" Articles of this Agreement do not apply for work such as driveway and parking lot construction, railroad construction, landscaping, precast concrete erection, fencing or demolition. When such work is undertaken, the classifications, wages, weekly hours of work, shift differential rate and overtime rates appropriate for the class and character of work shall be as established by the nearest influencing representative agreements between locals of the Union and builders' exchanges, contractors' associations or contractors for the class and character of work. For tunneling work the wages, classifications, shift differential rates, compressed air premiums, hours of work and other individual employee working conditions shall be as set forth in the Tunnel Schedule of the Collective Agreement between the Heavy Construction Association of Toronto and the Labourers Union. and the Union agree the use of nomenclature is meant to refer to both genders. The following classifications are covered by this Agreement: Group I Watchman Group Laborer Heaterman Power Sweeper Operator Siamese Blowgun Operator Xxxxxxxxx Helper Flagman Signalman Spotter Janitorial Cleaner (Construction Site) Area Captain Group Formworker (Lakeview and Projects only) Group Conveyer Belt Attendant Scaler Wrecker- Demolition of Complete Buildings Yardman Used Building Materials Formstripper Powderman Helper Air Driller Helper Group IV (Cont Group V Group VI Bricklayer Tender Stressing Operator Helper Post Tensioning and Prestressing Caulker including Tile and Concrete Pipe Grouter Operator (not machine) Portable Compressor Operator Small Pump Operator Pipe Layer Small Mixer Operator Worker F Puddler Mortarman Air Tool Operator Concrete Core Drill Machine Operator Jackhammer Operator Tamper Operator Operator Vibrator Operator Electrical Tool Operator Pressurized Operator Operator Chipping Hammer Operator Concrete Breaker Jackleg Operator Rocksplitter Operator Farm Tractor Operator Tool Crib Attendant Building Laborer (Lines and Stations only) Xxxxx Cutter Operator Stress Operator And Prestressing Welder and Prestressing Group Powderman Group Air Drills and Hydraulic Drills Group Diamond Driller If classifications are required, they will be negotiated, as appropriate, for work in the electrical power sector. Classifications and wages for tunneling shall be as set forth in the tunnel schedule of the Collective Agreement between the Heavy Construction Associ...
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Examples of Shift Differential Rate in a sentence

  • The Shift Differential Rate shall be adjusted in accordance with any on-going salary increase.

  • Average number of overtime hours per week: Shift Differential Rate: $ per hour.

  • Effective Shift Differential Rate Per Hour January 1, 2019 $1.25 Shift differential pay shall be paid for injury leave for scheduled premium hours only.

Related to Shift Differential Rate

  • additional rate means the additional rate levied by the City of Cape Town on rateable properties within the designated boundaries of the Special Rating Area for purposes of raising funds for improving and upgrading that area, subject to any exemptions or permissible differentiation between categories of property, as contemplated in section 22(1) of the Rates Act, read with sections 8(1) and 12(2) of the By-Law;

  • Interest Differential is defined in Section 3.4.

  • Blended Rate means, with respect to any Taxable Year, the sum of the effective rates of tax imposed on the aggregate net income of the Corporate Taxpayer in each state or local jurisdiction in which the Corporate Taxpayer files Tax Returns for such Taxable Year, with the maximum effective rate in any state or local jurisdiction being equal to the product of: (i) the apportionment factor on the income or franchise Tax Return filed by the Corporate Taxpayer in such jurisdiction for such Taxable Year, and (ii) the maximum applicable corporate tax rate in effect in such jurisdiction in such Taxable Year. As an illustration of the calculation of Blended Rate for a Taxable Year, if the Corporate Taxpayer solely files Tax Returns in State 1 and State 2 in a Taxable Year, the maximum applicable corporate tax rates in effect in such states in such Taxable Year are 6% and 5%, respectively and the apportionment factors for such states in such Taxable Year are 60% and 40%, respectively, then the Blended Rate for such Taxable Year is equal to 5.6% (i.e., 6% times 60% plus 5% times 40%).

  • Price Differential Payment Date means, with respect to a Purchased Mortgage Loan, the 5th day of the month following the related Purchase Date and each succeeding 5th day of the month thereafter; provided, that, with respect to such Purchased Mortgage Loan, the final Price Differential Payment Date shall be the related Repurchase Date; and provided, further, that if any such day is not a Business Day, the Price Differential Payment Date shall be the next succeeding Business Day.

  • Final rate means an indirect cost rate applicable to a specified past period which is based on the actual allowable costs of the period. A final audited rate is not subject to adjustment.

  • Yield Differential has the meaning set forth in Section 2.14(e)(iii).

  • 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%.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Adjusted Mortgage Rate As to each Mortgage Loan, and at any time, the per annum rate equal to the Mortgage Rate less the Master Servicing Fee Rate.

  • Differential Amount means the Differential Amount as calculated or, respectively, specified by the Calculation Agent pursuant to § 4 of the Special Conditions.

  • Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.

  • Price Differential with respect to any Transaction as of any date, the aggregate amount obtained by daily application of the Pricing Rate for such Transaction to the Purchase Price for such Transaction on a 360 day per year basis for the actual number of days during the period commencing on (and including) the Purchase Date for such Transaction and ending on (but excluding) the date of determination (reduced by any amount of such Price Differential previously paid by Seller to Buyer with respect to such Transaction);

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • Late Payment Rate As defined in the Insurance Agreement.

  • Rental Rate means the average annualized composite rate for United States treasury bonds issued for periods of ten years and longer plus two percent. The rental rate shall not exceed ten and three-quarters percent nor fall below eight and one-quarter percent.

  • Adjusted CD Rate has the meaning set forth in Section 2.07(b).

  • Initial Rate means each rate of interest to be paid in an Initial Period as set forth in the Certificate.

  • Loan Rate for any Mortgage Loan and on any day means the per annum rate of interest applicable under the related Credit Line Agreement to the calculation of interest for the day on the Asset Balance of the Mortgage Loan.

  • SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • Reference Interest Rate Replacement Adjustment means the first alternative set forth in the order below that can be determined by the Issuer or its designee as of the Reference Interest Rate Replacement Date:

  • Excess Rate With respect to each ARD Loan, the excess of (i) the applicable Revised Rate over (ii) the applicable Mortgage Rate, each as set forth in the Mortgage Loan Schedule.