Sunday Rate definition

Sunday Rate is a payment of consideration for the employee actually working during a day which is historically considered a day of rest. The Sunday Rate is reflected within Schedule 1 to this Agreement, and subject to Employer approval, may be paid in addition to the Base Rate. This payment of consideration shall apply to all hours actually worked by the Employee on a Sunday.
Sample 1Sample 2Sample 3
Sunday Rate means the Sunday rate set out in 4 of Schedule 1; SCHEDULE Item 1 Classifications and Wage Rates Classification Minimum Ordinary Hourly Rate of Pay upon Commencement Tradespersons: Heavy Duty Fitter, Auto Electrician, Boilermaker Welder/ Auto Electrician / Service Person $27.00 Excavator – able to construct batters, benching,excavate to laser levels, install pipes and culverts as well as production loading $23.00 Grader Earthworks – Final Trim $23.00 Grader Operator – haul roads, earthworks $20.00 Dozer Operator $20.00 All Rounder $20.00 Loader Operator $20.00 Drainer $20.00 Dump Truck Operator $18.00 Water Cart Operator $18.00 Scraper $18.00 Roller $18.00 Labourer $15.00 The above rates are minimum rates of pay only. The Company will review employee rates of pay subject to performance appraisals. Such reviews may occur at the discretion of the Company in response to movements of the CPI and other market conditions affecting the Industry. Item 2 Casual Rate 20% Item 3 Saturday Rate Ordinary rate x 2.0 Item 4 Sunday Rate Ordinary rate x 2.0 Item 5 Extraordinary Hours Rate Time and a half for the first two hours and double time thereafter Item 6 Public Holiday Rate Ordinary rate x 2.5 Item 7 First Aid Allowance $1.75 per day Item 8 Travel Allowance
Sample 1
Sunday Rate is a payment of consideration for the employee actually working during a day which is historically considered a day of rest. The Sunday Rate is reflected within Schedule 1 to this Agreement and includes the Base Rate plus applicable Sunday Loading. This payment of consideration shall apply to all hours actually worked by the Employee on a Sunday. “Casual loading” is a twenty-three (23) percent loading calculated against the Base Rate and then added to the Base Rate. The casual loading is inclusive of any amount or payment the casual employee would have received as compensation for not accruing annual leave entitlements. The casual loading is only paid to casual employees who perform work on a weekday. Casual employees who perform work on a Saturday, Sunday, and Public Holiday will receive the applicable Saturday, Sunday, or Public Holiday rates, which have been calculated to include the 23 percent casual loading.
Sample 1

Examples of Sunday Rate in a sentence

  • Sunday Rate of PaymentC10.14 An employee who works overtime on a Sunday will be paid a rate of 200% of the employee’s ordinary hourly rate of pay for all time worked.

  • Sunday Rate of PaymentC9.14 An employee who works overtime on a Sunday will be paid a rate of double time at the employee‘s ordinary hourly rate of pay for all time worked.

  • In the event the Employer should develop schedules where the rate of one-and- one-third (1⅓) the straight time hourly rate as a Sunday Rate would be desirable to the Employer, the Employer shall give notice to the Union of its desire to implement time-and-one-third (1⅓) as the Sunday Rate and upon such notice the Union shall not unduly withhold its agreement to convert from time-and-one- half (1½) to time-and-one-third (1⅓).

  • Wedding Rental Fee Structure Friday Rate $4500 Saturday Rate $5000 Sunday Rate $4000This includes 5 hours use of facility.

  • Annualized premiums are calculated by multiplying the amount of a single premium installment payment by a multiplier determined according to the relevant payment method to arrive at a single annualized amount.

  • Position: Mail Attendant Extra (Permanent) Location: Jamaica, New York Tour of Duty: 7:00am – 3:00pm Rest Days: Saturday and Sunday Rate of Pay: $32.486 per hour Duties: Duties will include, but not limited to, pick up U.S. Mail from Post Office, sort, distribute, and collect U.S. and interoffice mail, parcels, stationary supplies, and printed matter and deliver same via hand truck to all departments within the Jamaica area.

  • Regular Hours Weekdays (7:00 a.m. – 4:00 p.m.) $ per hour Overtime Hours Weekdays (4:01 p.m. – 6:59 p.m.) $ per hour Saturday Rate (12:01 a.m. – 11:59 p.m.) $ per hour Sunday Rate (12:01 a.m. – 11:59 p.m.) $ per hour Holiday Rate (12:01 a.m. – 11:59 p.m.) $ per hour**EQUIPMENT /INSTRUMENTS ARE INCLUDED IN THE HOURLY RATE** Cost related to above pricing shall include the labor, equipment, materials, transportation necessary to complete the work under the contract.

  • They are the bedrock upon which I stand.Thank you to Dr. Kelly Young, my dissertation advisor.

  • DEPARTMENT Sanitation -Processing BASIC WEEK Hours WORK WEEK -Wednesday through Sunday Rate EFFECTIVE EFFECTIVE EFFECTIVE JAN.

  • Sunday Rate of PaymentC9.14 An employee who works overtime on a Sunday will be paid a rate of double time at the employee’s ordinary hourly rate of pay for all time worked.

Related to Sunday Rate

  • Day Rate means the rate per day per grade tendered by the Supplier in the Supplier’s proposal that shall never be exceeded within this Contract;

  • Weekly Rate means the interest rate on the Bonds established in accordance with Section 2.03(b) hereof.

  • Daily Rate for any RFR Banking Day is:

  • Treasury Rate means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

  • Index Business Day means, in respect of an Index, any day on which the Index Sponsor in respect of such Index is scheduled to publish the level of the Index.

  • LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).

  • Day means calendar day.

  • One Month LIBOR Rate means, with respect to any interest rate calculation for a Loan or other Obligation bearing interest at the Alternate Base Rate, a rate per annum equal to the quotient (rounded upward if necessary to the nearest 1/16th of one percent (0.0625%)) of (i) the rate per annum referred to as the BBA (British Bankers Association) LIBOR RATE as reported on Reuters LIBOR page 1, or if not reported by Reuters, as reported by any service selected by Administrative Agent on the applicable day (provided that if such day is not a Eurodollar Banking Day for which a Eurodollar Rate is quoted, the next preceding Eurodollar Banking Day for which a Eurodollar Rate is quoted) at or about 11:00 a.m., London time (or as soon thereafter as practicable), for Dollar deposits being delivered in the London interbank eurodollar currency market for a term of one month commencing on such date of determination, divided by (ii) one minus the Reserve Requirement in effect on such day. If for any reason rates are not available as provided in clause (i) of the preceding sentence, the rate to be used in clause (i) shall be, at Administrative Agent’s discretion (in each case, rounded upward if necessary to the nearest one-sixteenth (1/16) of one percent (0.0625%)), (1) the rate per annum at which Dollar deposits are offered to the Administrative Agent in the London interbank eurodollar currency market or (2) the rate at which Dollar deposits are offered to the Administrative Agent in, or by Xxxxx Fargo to major banks in, any offshore interbank eurodollar market selected by Administrative Agent, in each case on the applicable day (provided that if such day is not a Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market, the next preceding Eurodollar Banking Day for which Dollar deposits are offered to Administrative Agent in the London interbank eurodollar currency market) at or about 11:00 a.m., London time (or as soon thereafter as practicable) (for delivery on such date of determination) for a one month term. Each determination by Administrative Agent pursuant to this definition shall be conclusive absent manifest error.

  • Banking Day means each day (other than a Saturday or Sunday) on which the Clearing System and the Trans-European Automated Real-time Gross settlement Express Transfer-System (TARGET2) ("TARGET2") are open for business.

  • Sixty-Day Delinquency Rate With respect to any Distribution Date on or after the Stepdown Date, a fraction, expressed as a percentage, the numerator of which is the aggregate Stated Principal Balance of all Mortgage Loans 60 or more days delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date (including Mortgage Loans in foreclosure, bankruptcy and REO Properties) and the denominator of which is the aggregate Stated Principal Balance for such Distribution Date of the Mortgage Loans as of the related Due Date (after giving effect to Principal Prepayments, the principal portion of any Liquidation Proceeds and any Subsequent Recoveries received in the related Prepayment Period).

  • Eurodollar Banking Day means any Banking Day on which dealings in Dollar deposits are conducted by and among banks in the Designated Eurodollar Market.

  • Bank Holiday means any day that is specified or proclaimed as a bank holiday, pursuant to section 1 of the Banking and Financial Dealings Act 1971;

  • Average Rate means the simple arithmetic mean of the bank rates in effect at 4:00 p.m. Eastern Standard Time each day during the calendar month which immediately precedes the calendar month in which payment is made, where the "bank rate" means the rate of interest established from time to time by the Bank of Canada as the minimum rate at which the Bank of Canada makes short term advances to members of the Canadian Payments Association;

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

  • One-Month LIBOR With respect to the Class A Certificates, the Mezzanine Certificates, REMIC II Regular Interest II-LTA1, REMIC II Regular Interest II-LTA2, REMIC II Regular Interest II-LTA3, REMIC II Regular Interest II-LTA4, REMIC II Regular Interest II-LTM1, REMIC II Regular Interest II-LTM2, REMIC II Regular Interest II-LTM3, REMIC II Regular Interest II-LTM4, REMIC II Regular Interest II-LTM5, REMIC II Regular Interest II-LTM6, REMIC II Regular Interest II-LTM7, REMIC II Regular Interest II-LTM8, REMIC II Regular Interest II-LTM9, REMIC II Regular Interest II-LTM10 and REMIC II Regular Interest II-LTM11 and any Accrual Period therefor, the rate determined by the Trust Administrator on the related Interest Determination Date on the basis of the offered rate for one-month U.S. dollar deposits, as such rate appears on Telerate Page 3750 as of 11:00 a.m. (London time) on such Interest Determination Date; provided that if such rate does not appear on Telerate Page 3750, the rate for such date will be determined on the basis of the offered rates of the Reference Banks for one-month U.S. dollar deposits, as of 11:00 a.m. (London time) on such Interest Determination Date. In such event, the Trust Administrator will request the principal London office of each of the Reference Banks to provide a quotation of its rate. If on such Interest Determination Date, two or more Reference Banks provide such offered quotations, One-Month LIBOR for the related Accrual Period shall be the arithmetic mean of such offered quotations (rounded upwards if necessary to the nearest whole multiple of 1/16%). If on such Interest Determination Date, fewer than two Reference Banks provide such offered quotations, One-Month LIBOR for the related Accrual Period shall be the higher of (i) One-Month LIBOR as determined on the previous Interest Determination Date and (ii) the Reserve Interest Rate. Notwithstanding the foregoing, if, under the priorities described above, One-Month LIBOR for an Interest Determination Date would be based on One-Month LIBOR for the previous Interest Determination Date for the third consecutive Interest Determination Date, the Trust Administrator shall select, after consultation with the NIMS Insurer, an alternative comparable index (over which the Trust Administrator has no control), used for determining one-month Eurodollar lending rates that is calculated and published (or otherwise made available) by an independent party.

  • Wage Rate refers to an Employee’s hourly rate of pay reflected by the pay grade of her position and her step within that grade, as set out in the Wage Rate grid in Appendix II.

  • London Business Day means any Business Day on which dealings in deposits in United States Dollars are transacted in the London interbank market.

  • Working Day means a day (other than a Saturday or Sunday) on which banks are open for general business in the City of London.

  • Recovery Rate means, in relation to any UK Four institution the percentage of the original face value of senior unsecured debt obligations of the affected UK Four institution, as derived by the Calculation Agent from either the ISDA Auction Final Price or the Market Value.

  • Five-year U.S. Treasury Rate means, as of any Reset Interest Determination Date, as applicable, (i) an interest rate (expressed as a decimal) determined to be the per annum rate equal to the arithmetic mean of the five most recent daily yields to maturity for U.S. Treasury securities with a maturity of five years from the next Reset Date and trading in the public securities markets or (ii) if there is no such published U.S. Treasury security with a maturity of five years from the next Reset Date and trading in the public securities markets, then the rate will be determined by interpolation between the arithmetic mean of the five most recent daily yields to maturity for each of the two series of U.S. Treasury securities trading in the public securities market, (A) one maturing as close as possible to, but earlier than, the Reset Date following the next succeeding Reset Interest Determination Date, and (B) the other maturing as close as possible to, but later than, the Reset Date following the next succeeding Reset Interest Determination Date, in each case as published in the most recent H.15. If the Five-year U.S. Treasury Rate cannot be determined pursuant to the methods described in clause (i) or (ii) above, then the Five-year U.S. Treasury Rate will be the same interest rate determined for the prior Reset Interest Determination Date or the same interest rate as the initial Interest Period, 5.875%, if prior to the First Call Date.

  • LIBO Base Rate means with respect to each day an Advance is outstanding (or if such day is not a Business Day, the next succeeding Business Day), the rate per annum equal to the rate published by Bloomberg or if such rate is not available, the rate appearing at page 3750 of the Telerate Screen as one-month LIBOR on such date, and if such rate shall not be so quoted, the rate per annum at which the Lender is offered Dollar deposits at or about 11:00 A.M., eastern time, on such date by prime banks in the interbank eurodollar market where the eurodollar and foreign currency and exchange operations in respect of its Advances are then being conducted for delivery on such day for a period of one month and in an amount comparable to the amount of the Advances to be outstanding on such day.

  • Weekly Rate Period means any period of time during which a Group of 2020 Series D Variable Rate Bonds bears interest at the Weekly 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.

  • CDOR Rate is defined in the definition of “Eurocurrency Rate” herein.

  • Reference Rate means the rate specified as such hereon.