Supplemental Note definition

Supplemental Note means, for each Supplemental Loan (whether one or more), if any, the Multifamily Note secured by the Supplemental Instrument for that Supplemental Loan.

Supplemental Note. The above rate applies for Manhattan, Bronx, Brooklyn, Queens. $12.64 for Staten Island only. Overtime Time and one half the regular rate after a 7 hour day. Time and one half the regular rate for Saturday. Time and one half the regular rate for Sunday. Overtime Holidays Time and one half the regular rate for work on the following holiday(s). New Year's Day Xxxxxxx's Birthday Washington's Birthday Memorial Day Independence Day Labor Day Columbus Day Election Day Veteran's Day Thanksgiving Day Christmas Day Paid Holidays New Year's Day Xxxxxxx's Birthday Washington's Birthday Memorial Day Independence Day Labor Day Columbus Day Election Day Veteran's Day Thanksgiving Day Christmas Day Employees have the option of observing either Xxxxxx Xxxxxx Xxxx'x Birthday or the day after Thanksgiving instead of Xxxxxxx's Birthday Shift Rates For any workday that starts before 8A.M. or ends after 6P.M. there is a 10% differential for the applicable worker's hourly rate. Vacation After 6 months one week. After 12 months but less than 7 years two weeks. After 7 or more but less than 15 years three weeks. After 15 years or more but less than 25 years four weeks.

Supplemental Note. The above supplemental rate applies for work performed in Manhattan, Bronx, Brooklyn and Queens. $50.70 - For work performed in Staten Island. Overtime Description The first two hours of overtime on weekdays and the first seven hours of work on Saturdays are paid at time and one half for wages and supplemental benefits. All additional overtimes is paid at double time for wages and supplemental benefits. Deduct $1.42 from the Staten Island hourly benefits rate before computing overtime. Overtime Double time the regular rate for Sunday.

Examples of Supplemental Note in a sentence

• Effective Period: 7/1/2015 - 6/30/2016 Wage Rate per Hour: $44.30 Supplemental Benefit Rate per Hour: $38.14 Supplemental Note: Supplemental benefits for overtime to be paid at the rate of $48.91 per hour.

• In the event of any inconsistency between the terms of this Supplemental Note Purchase Agreement and the Master Agreement, the terms of this Supplemental Note Purchase Agreement shall apply.

• The sale of the Supplemental Notes of the Series described in such Supplemental Note Purchase Agreement will take place at the location, date and time set forth therein at a closing (a “Supplemental Closing”).

• As used herein and in the Notes, the term “this Agreement” and references thereto shall mean this Agreement as it may from time to time be amended or supplemented and, without limiting the generality of the foregoing, shall include all Supplemental Note Purchase Agreements.

• All covenants and other agreements contained in this Agreement (including any Supplemental Note Purchase Agreement) by or on behalf of any of the parties hereto bind and inure to the benefit of their respective successors and assigns (including, without limitation, any subsequent holder of a Note) whether so expressed or not.

More Definitions of Supplemental Note

Supplemental Note has the meaning specified in Section 2.19.

Supplemental Note means the Multifamily Note secured by the Supplemental Instrument.

Supplemental Note. Overtime supplemental benefit rate: $101.34 Overtime Double time the regular rate after a 7 hour day. Double time the regular time rate for Saturday. Double time the regular rate for Sunday.

Supplemental Note. The above supplemental rate applies for work performed in Manhattan, Bronx, Brooklyn and Queens. $52.82 - For work performed in Staten Island. Assists the Stone Xxxxx-Xxxxxx in the setting of stone Effective Period: 7/1/2017 - 6/30/2018 Wage Rate per Hour: $40.29 Supplemental Benefit Rate per Hour: $39.23

Supplemental Note means that certain Supplemental Note made by Borrower in favor of Bank in the maximum aggregate principal amount of Twenty Million Dollars ($20,000,000), as the same may be amended, modified or supplemented from time to time, and together with any renewals thereof or exchanges or substitutes therefor.

Supplemental Note is defined in Section 2.4.4.

Supplemental Note has the meaning specified in Section 2.15.