A cting Pay Sample Clauses

A cting Pay. An employee assigned by the Fire Chief or his/her designated representative to perform the duties of the next higher classification on an acting basis shall receive acting pay, which shall be computed at five percent (5%) more than such employee’s current pay step for all hours worked in such higher classification (not to exceed the maximum wage rate of the higher classification) provided the employee performs the duties of the higher classification for at least one (1) hour. Eligibility to receive acting pay shall be subject to the following:  The employee receiving acting pay must be qualified to perform the duties of the higher classification by being tested and certified by the District. S ECTION 6 - OVERTIME Overtime is authorized time worked outside the regular work schedule. Overtime shall be compensated for at the rate of one and one-half (1-½) times the employee’s hourly rate of pay. Overtime for permanent employees is earned and credited in minimum one-fourth (¼) hour (15- minute) increments.
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Related to A cting Pay

  • Acting Pay The qualifying period for acting pay as specified in Article 42 shall be converted to hours.

  • Training Pay City shall pay one and one-half times regular salary rate for training required by the Police and Peace Officers Licensing Law which is taken outside of regular duty hours (approximately 48 hours every three years). The Chief will establish the type and amount of training required.

  • Invoicing Payment All invoicing and payment for services performed under this Contract shall be as specified in Attachment B, hereto.

  • Corresponding Payment Each permanent reduction permitted pursuant to this Section shall be accompanied by a payment of principal sufficient to reduce the aggregate outstanding Revolving Credit Loans, Swingline Loans and L/C Obligations, as applicable, after such reduction to the Revolving Credit Commitment as so reduced, and if the aggregate amount of all outstanding Letters of Credit exceeds the Revolving Credit Commitment as so reduced, the Borrower shall be required to deposit Cash Collateral in a Cash Collateral account opened by the Administrative Agent in an amount equal to such excess. Such Cash Collateral shall be applied in accordance with Section 10.2(b). Any reduction of the Revolving Credit Commitment to zero shall be accompanied by payment of all outstanding Revolving Credit Loans and Swingline Loans (and furnishing of Cash Collateral satisfactory to the Administrative Agent for all L/C Obligations) and shall result in the termination of the Revolving Credit Commitment and the Swingline Commitment and the Revolving Credit Facility. If the reduction of the Revolving Credit Commitment requires the repayment of any LIBOR Rate Loan, such repayment shall be accompanied by any amount required to be paid pursuant to Section 5.9 hereof.

  • Billing & Payment 6.2.1 The Generator shall raise a monthly energy ▇▇▇▇ based on the joint meter reading taken by the Generator and the MSEDCL at the end of each month along with the monthly fuel usage certificate certified by the Chartered Account, in the forms annexed as Annexures (A to E). 6.2.2 The due date for the payment of ▇▇▇▇ by the MSEDCL shall be thirty (30) days from the date of receipt of the ▇▇▇▇ in Circle Office.