Classification definition

Classification means the identification of a position by reference to a classification title and pay range number.

Classification means a group of positions involving duties and responsibilities so alike that the same qualifications may be reasonably required for, and the same schedule of pay can be equitably applied to, all positions in the group.

Classification means that division of businesses by NAICS codes subject to the same license rate as determined by a calculated index of ability to pay based on national averages, benefits, equalization of tax burden, relationships of services, or other basis deemed appropriate by the Council.

Examples of Classification in a sentence

• The Classification of each Unit as a Class A Unit, Class B Unit, Class C Unit, or Class D Unit shall remain in effect permanently following the Classification Date.

• Each Unit outstanding immediately prior to the Classification Date, regardless of class, owned by a Member who is the holder of record of twenty (20) or more Units on the Classification Date shall, by virtue of this Section 6.1(a), and without any action on the part of the holder thereof, hereafter be classified as a Class A Unit.

• Classes will not be subject to minimum ownership requirements after the Classification.

• Each Unit outstanding immediately prior to the Classification Date, regardless of class, owned by a Member who is the holder of record of at least five (5) but no more than nineteen (19) Units on the Classification Date shall, by virtue of this Section 6.1(b) and without any action on the part of the holder thereof, hereafter be classified as a Class B Unit.

• Each Unit outstanding immediately prior to the Classification Date, regardless of class, owned by a Member who is the holder of record of three (3) or fewer Units on the Classification Date shall, by virtue of this Section 6.1(d), and without any action on the part of the holder thereof, hereafter be classified as a Class D Unit.

More Definitions of Classification

Classification means that each position in the classified service shall have a designated title, a regular minimum number of assigned hours per day, days per week, and months per year, a specific statement of the duties required to be performed by the employees in each such position, and the regular monthly salary ranges for each such position.

Classification means, in relation to each Vessel, the highest class available for a vessel of her type with the relevant Classification Society;

Classification means, in relation to each Ship, the highest class available for a vessel of her type with the relevant Classification Society or such other classification as the Agent shall, at the request of a Borrower, have agreed in writing shall be treated as the Classification in relation to such Borrower’s Ship for the purposes of the relevant Ship Security Documents;

Classification means a designation of license assigned to a licensee based on the qualifications of the licensee, resident manager, floating resident manager, and shift caregivers, as applicable.

Classification is the act of placing a position in a class and shall be construed to mean that each position in the classified service shall have a designated title, a regular minimum number of assigned hours per day, days per week, and months per year, a statement of the specific duties required to be performed in each such position, and the regular monthly salary range for each such position.

Classification means the classification of a Unit that can result or not in the issuance of a classification Certificate with reference to the Rules. Classification is an appraisement given by the Society to the Client, at a certain date, following surveys by its surveyors on the level of compliance of the Unit to the Society’s Rules or to the documents of reference for the Services provided. They cannot be construed as an implied or express warranty of safety, fitness for the purpose, seaworthiness of the Unit or of its value for sale, insurance or chartering.

Classification defined for the purposes of the collective agreement as those classifications listed in Appendix A (Wage Grid). Each regular employee will be assigned to a classification.