Daily and Weekly Sample Clauses
The "Daily and Weekly" clause establishes the frequency and timing for certain actions, obligations, or reporting requirements within an agreement. Typically, it specifies that particular tasks—such as progress updates, deliveries, or performance reviews—must occur either every day or every week, depending on the context. By clearly defining these intervals, the clause ensures regularity and accountability, helping both parties maintain consistent communication and meet ongoing responsibilities throughout the contract term.
Daily and Weekly. (a) The regular hours of work for full-time employees shall be based on eight (8) hours per day, five (5) days per week, or ten (10) hours per day, four (4) days per week. Time off between shifts shall be granted to employees in accordance with Alberta Employment Standards Code. Part-time employees shall not be scheduled less than three (3) hours on any given day. Time off between shifts shall be granted to employees in accordance with Alberta Employment Standards Code. Available hours within the bargaining unit will be scheduled by seniority.
(b) If the Company introduces a four (4) day, ten (10) hour shift, employees will be assigned to such shift on a voluntary basis. If, however, sufficient employees do not volunteer, the Company shall assign the shifts to the least senior employees capable of performing the work. The implementation of such shift schedule shall be for the sole purpose of improving the efficiency of the operations.
(c) The work week shall commence at 6:00 p.m. on Sunday. All hours worked during the twenty-four (24) hour period commencing at 6:00 p.m. on any scheduled work day shall be considered hours worked on the day the twenty-four (24) hour period ends.
(d) For the purpose of the Agreement, the calculation of time worked shall be rounded up to the next closest quarter (¼) hour for time worked more than eight (8) minutes and rounded down to the next quarter (¼) hour for time worked less than seven (7) minutes.
(e) The Company has the right to require overtime work either to extend the regular work schedule or on scheduled days off. When there is overtime to be worked, it will be offered in seniority order to the employees within the department (warehouse and drivers) and shift, and capable of performing the required work. If there are insufficient volunteers, employees within the department and shift, and capable of performing the required work, will be required to work in reverse order of seniority. The Company will advise employees required to work overtime as soon as possible. When overtime is required on an employee’s regular day off, it will be offered by seniority to the employees who are capable of performing the required work. If there are insufficient volunteers, the Company will schedule in reverse order of seniority. Employees may be excused from the requirement to work overtime for bona fide reasons, such as doctor or professional appointments, etc., and pre-arranged personal commitments. The Company will not act unreason...
Daily and Weekly. All work performed outside the normal work hours or forty (40) hours per week shall constitute overtime and shall be paid for at the rate of time and one-half.
Daily and Weekly. (a) The regular hours of work for full-time employees shall be based on eight (8) hours per day, five (5) days per week, or ten (10) hours per day, four (4) days per week. Time off between shifts shall be granted to employees in accordance with Alberta Employment Standards Code. Part-time employees shall not be scheduled less than four
Daily and Weekly. Upon the closing of each Applicable Underlying Loan, Borrower shall direct in writing and cause the Applicable Underlying Borrower and Applicable Underlying Guarantor, if any, except as provided in the following sentence, to pay Lockbox Agent all interest, principal, Release Fees, prepayments (both voluntary and mandatory), and other amounts of any and every description payable to Borrower by or on behalf of such Applicable Underlying Borrower or Applicable Underlying Guarantor, if any, pursuant to the applicable Pledged Note Receivable or any other Applicable Underlying Loan Documents (hereinafter collectively referred to as the "Aggregate Lockbox Collections"). The Aggregate Lockbox Collections shall be deposited by Lockbox Agent into the lockbox account established and maintained by Lockbox Agent in accordance with the provisions of the Lockbox Agreement (the "Lockbox Account"). Following any advance by Borrower of an Applicable Underlying Loan or any receivables loan from Borrower to the Applicable Underlying Borrower from which any Release Fees and/or other amounts due Borrower from the Applicable Underlying Borrower under the Applicable Underlying Loan Documents have been subtracted, Borrower shall pay all such subtracted amounts, together with any additional amounts paid to or otherwise received from time to time by Borrower in connection with an Applicable Underlying Loan, including but not limited to any amounts received by Borrower upon its realization upon any Applicable Underlying Loan Collateral, directly to Lender (rather than to Lockbox Agent) in the form so received, properly endorsed to Lender. On each Business Day, Lockbox Agent shall deposit into an account in the name of Lender and into which only proceeds of the Pledged Notes Receivable are deposited ("Collection Account") the Aggregate Lockbox Collections then deposited in the Lockbox Account. On the last Business Day of each week, Lockbox Agent shall remit, via wire transfer, all amounts then deposited in the Collection Account directly to Lender in accordance with the terms of the Lockbox Agreement. Notwithstanding the foregoing provisions of this Section 2.5(a) to the contrary, unless a Default exists, Borrower may direct Lockbox Agent to remit to Lender only that portion of the Aggregate Lockbox Collections which represents principal payments on the Pledged Notes Receivable and to remit the balance to Borrower.