Accrual Limitation Sample Clauses

Accrual Limitation. Vacation leave credits may be accumulated from year to year subject to the limitation that the accrual may not exceed the Employee’s annual entitlement plus forty (40) hours.
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Accrual Limitation. Employees assigned to Special Duty shall be allowed to accrue CTO up to a maximum of 160 hours at the end of any pay period.
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Accrual Limitation. The employee must request and receive all earned holidays annually. Holidays cannot be carried from one calendar year to the next calendar year. Failure to use the holiday time allocation in the calendar year will cause the employee not to accrue additional holiday time. If the Fire Chief withdraws authorization to utilize previously approved holiday time due to operational necessity, and the time cannot be rescheduled, these holiday hours will be paid to the employee at the base rate or will be carried over to be taken in the following calendar year. Employees are allowed to sell back up to three (3) days of holiday or vacation time to be determined by December 1st of each year (See Section 25:05). Payment for such time will be provided in the December 20th payroll. Compensation paid for holiday hours is not reportable to PERS as compensation for retirement purposes.
Sample 1

Related to Accrual Limitation

  • ANNUAL LIMITATION Notwithstanding anything contained in this Agreement to the contrary, and with respect to each Tax Year of the Tax Limitation Period beginning after the first Tax Year of the Tax Limitation Period, in no event shall (i) the sum of the maintenance and operations ad valorem taxes paid by the Applicant to the District for such Tax Year, plus the sum of all payments otherwise due from the Applicant to the District under Articles IV, V, and VI of this Agreement with respect to such Tax Year, exceed (ii) the amount of the maintenance and operations ad valorem taxes that the Applicant would have paid to the District for such Tax Year (determined by using the District’s actual maintenance and operations tax rate for such Tax Year) if the Parties had not entered into this Agreement. The calculation and comparison of the amounts described in clauses (i) and (ii) of the preceding sentence shall be included in all calculations made pursuant to Article IV of this Agreement, and in the event the sum of the amounts described in said clause (i) exceeds the amount described in said clause (ii), then the payments otherwise due from the Applicant to the District under Articles IV, V, and VI shall be reduced until such excess is eliminated.

  • General Limitation Xxxxxx Mae shall be liable under the terms of the Lower Tier Classes, the Certificates and this Trust Agreement only to the extent of faithful performance of the duties and responsibilities imposed by the terms of the Lower Tier Classes, the Certificates and this Trust Agreement.

  • Xxxxxx Limitation The Service reserves the right to refuse to pay any Xxxxxx to whom you may direct a payment. As required by applicable law, the Service will notify you promptly if it decides to refuse to pay a Xxxxxx designated by you. as set forth in Section 13 of the General Terms (Prohibited Payments) or an Exception Payment under this Agreement.

  • General Limitations Notwithstanding any provision of this Agreement to the contrary, the Company shall not pay any benefit under this Agreement:

  • Additional Limitations In addition to the use and protection requirements described in Section 4.10(b), the Asset Representations Reviewer’s disclosure of Issuer PII is also subject to the following requirements:

  • Accrual Rate Compensatory time for employees will accrue at the rate of one and one-half hours for each one hour of overtime worked.

  • Annual Limitation of Payments by Applicant Section 5.1.

  • SALARY LIMITATION The Grantee cannot use the SAPT Block Grant to pay salaries in excess of Level I of the Federal Senior Executive pay scale.

  • TAX LIMITATION So long as the Applicant makes the Qualified Investment as required by Section 2.5, during the Qualifying Time Period, and unless this Agreement has been terminated as provided herein before such Tax Year, on January 1 of each Tax Year of the Tax Limitation Period, the Appraised Value of the Applicant’s Qualified Property for the District’s maintenance and operations ad valorem tax purposes shall not exceed the lesser of:

  • Accrual Rates All eligible employees shall accrue vacation pay according to the following rates:

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