Pay Basis Clause Samples

Pay Basis. An employee will, except as otherwise expressly stated in this agreement, be paid only for time worked.
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Pay Basis. 1. Bus drivers are considered nine (9) month employees and are expected to serve as needed and defined by the School District's calendar as established by the District for the home-to-school regular bus routes. Regular bus routes may be altered by the District on an as-needed basis. 2. Bus drivers are paid for the actual hours they work. Drivers who take leave for less than a full day shall have the actual work hours missed deducted from their accrued and available leave time. Drivers who take a full day of leave will have leave deducted based on their “base-time” for the day. The intent is to pay all bus drivers for the elapsed time that they are required to work as defined below:
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Pay Basis. 1. Bus drivers are considered nine (9) month employees and are expected to serve as needed and defined by the School District's calendar as established by the District for the home-to-school regular bus routes. Regular bus routes may be altered by the District on an as-needed basis. 2. The District cannot guarantee 5 hours of base time, but drivers will be allowed to perform supplemental duties in order to reach a 5 hour work day. Such assignments could include playground duty, lunch supervision, custodial, grounds, office help, hall monitoring or tutoring, etc. The additional duties will be assigned by the district in accordance with the employee’s skills and abilities. The rate of pay for the additional duties will be in accordance with Range I Step 1 of the classified salary schedule.
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Pay Basis. 1. Hours worked in excess of forty (40) hours per week will be paid at time and one-half. 2. Part-time operators shall be paid only for the hours that they work with a minimum guarantee of two (2) hours including any continuous time. 3. All list operators will receive a four (4) hour guarantee per day when making the necessary reports. There will only be one unpaid break of sixty minutes or more in the make-up of work or assignments of part-time school list operators. 4. School operators who elect to work a charter on their day off, and pull the bus out of the garage, will be paid a minimum of four (4) hours for the day. If the charter is cancelled after the operator makes the necessary report they will be paid two (2) hours.
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Related to Pay Basis

  • Measurement method An isolation resistance test instrument is connected between the live parts and the electrical chassis. The isolation resistance is subsequently measured by applying a DC voltage at least half of the working voltage of the high voltage bus. If the system has several voltage ranges (e.g. because of boost converter) in conductively connected circuit and some of the components cannot withstand the working voltage of the entire circuit, the isolation resistance between those components and the electrical chassis can be measured separately by applying at least half of their own working voltage with those components disconnected.

  • Measurement and Payment Temporary traffic control work, including, but not limited to installation and removal of portable signs, cones, drums, skinny drums, flaggers, AFAD’s, changeable message boards, truck mounted attenuators, flashing arrow boards, and pilot vehicles will be paid at the contract lump sum price for

  • Consolidated Excess Cash Flow Subject to Section 2.14(g), if there shall be Consolidated Excess Cash Flow for any Fiscal Year beginning with the Fiscal Year ending December 31, 2018, the Borrowers shall, within ten Business Days of the date on which the Borrowers are required to deliver the financial statements of Holdings and its Restricted Subsidiaries pursuant to Section 5.1(b), prepay the Loans and/or certain other Obligations as set forth in Section 2.15(b) in an aggregate amount equal to (i) 50% of such Consolidated Excess Cash Flow minus (ii) voluntary prepayments of the Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) made during such Fiscal Year (excluding repayments of revolving First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) except to the extent the applicable revolving credit commitments are permanently reduced in connection with such repayments) paid from Internally Generated Cash (provided that such reduction as a result of prepayments made pursuant to Section 10.6(k) shall be limited to the actual amount of cash used to prepay principal of Term Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) (as opposed to the face amount thereof)); provided, if, as of the last day of the most recently ended Fiscal Year, the Consolidated Total Net Leverage Ratio (determined for such Fiscal Year by reference to the Compliance Certificate delivered pursuant to Section 5.1(c) calculating the Consolidated Total Net Leverage Ratio as of the last day of such Fiscal Year) shall be (A) less than or equal to 4.50:1.00 but greater than 4.00:1.00, the Borrowers shall only be required to make the prepayments and/or reductions otherwise required hereby in an amount equal to (1) 25% of such Consolidated Excess Cash Flow minus (2) voluntary repayments of the Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) made during such Fiscal Year (excluding repayments of revolving First Lien or Refinanced Debt (as defined in the First Lien Credit Agreement) except to the extent the applicable revolving credit commitments are permanently reduced in connection with such repayments) paid from Internally Generated Cash (provided that such reduction as a result of prepayments made pursuant to Section 10.6(k) shall be limited to the actual amount of cash used to prepay principal of Term Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) (as opposed to the face amount thereof)) and (B) less than or equal to 4.00:1.00, the Borrowers shall not be required to make the prepayments and/or reductions otherwise required by this Section 2.14(e).

  • Balance Computation Method For all accounts, dividends are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day. Dividends will begin to accrue on the business day you deposit non-cash items (e.g., checks) to your account if deposited before the close of business. If you close any of your dividend earning accounts before dividends are credited you may not receive the accrued dividends up to the date of account closure.

  • Non pre-priced Adjustment Factor To be applied to Work determined not to be included in the CTC but within the general scope of the work: 1.1500.