Hazard Premium Sample Clauses

Hazard Premium a) Where Wiremen are required to work at a distance of forty (40) to ninety (90) feet from the ground or supporting structures on trusses, beams, scaffolds, frames, ladders, bosun chairs, cranes, open platforms, open decks, open excavations, or other similar hazardous locations, where the Wiremen are subject to a direct fall, they shall be paid at time and one- half the straight-time rate per hour worked for such hazardous work.
AutoNDA by SimpleDocs
Hazard Premium. Any employee who is required to perform work on the repair, replacement or installation etc. of a Dashwood Industries Product above the forty (40) foot level on the exterior of a building shall be paid the Premium of one dollar ($1.00) per hour above their regular rate of pay for all hours worked in the performance of such duties. SCHEDULE “C” Department definitions for the sole purpose of overtime equalization as outlined in Article 13.01 of this Collective Agreement.
Hazard Premium a. Where Linemen work on wooden poles or towers at a height of more than eighty (80) feet, they shall receive double the straight-time rate of pay for all time worked at such heights. This height premium pay shall not apply to substation or steel transmission tower erection.
Hazard Premium a) Where Wiremen are required to work at a distance of forty (40) to ninety
Hazard Premium. Any employee who is required to perform work on the repair, replacement or installation etc. of a Dashwood Industries Product above the forty (40) foot level on the exterior of a building shall be paid the Premium of one dollar ($1.00) per hour above their regular rate of pay for all hours worked in the performance of such duties. SCHEDULE “C” Dashwood Industries Inc. Benefit Summary Only for Employees Hired Prior to November 16, 2011 Coverage Governed by Plan Booklet/Policy Issued by Sun Life Financial Eligibility: Must be a resident of Canada, a permanent employee, actively working at least 40 hours/week, completed a probationary period. Dependents: Spouse by marriage or under any other formal union recognized by law, or your partner who is publicly represented as your spouse and/or your children and your spouse’s children (other than xxxxxx children) if they are not married or in any other formal union recognized by law, and are under the age of 21 (up to the age of 25 if attending an educational institution recognized by the Canada Revenue Agency).
Hazard Premium. Any employee who is required to perform work on the repair, replacement or installation etc. of a Dashwood Industries Product above the forty (40) foot level on the exterior of a building shall be paid the Premium of one dollar ($1.00) per hour above their regular rate of pay for all hours worked in the performance of such duties. SCHEDULE “C” Dashwood Industries Limited Benefit Summary Only Coverage Governed by Plan Booklet/Policy Issued by Sun Life Financial Eligibility: Must be a resident of Canada, a permanent employee, actively working at least 40 hours/week, completed a probationary period. Dependents: Spouse by marriage or under any other formal union recognized by law, or your partner who is publicly represented as your spouse and/or your children and your spouse’s children (other than xxxxxx children) if they are not married or in any other form union recognized by law, and are under the age of 21 (up to the age of 25 if attending an educational institution recognized by the Canada Revenue Agency).
Hazard Premium e. The Employer will pay a daily Hazard Premium of $3.50 to each employee for each day he/she is required to handle or respond to situations with an elevated hazard risk such as the handling of dangerous goods or responding to bomb threats. Snow Standby Premium
AutoNDA by SimpleDocs

Related to Hazard Premium

  • REINSURANCE PREMIUM A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the greater of the following:

  • Weekend Premium Effective July 1, 2020, an employee shall be paid a weekend premium of one dollar and ten cents ($1.10) per hour for each hour worked between 2300 hours Friday and 2300 hours Sunday, or such other forty-eight (48) hour period as the local parties may agree upon or as defined in the Collective Agreement. If an employee is receiving premium pay pursuant to a local scheduling regulation with respect to consecutive weekends worked, the employee will not receive weekend premium under this provision.

  • Overtime and Premium Pay Section 1. Overtime at the rate of one and one-half (1 1/2) times an employee's regular straight time hourly rate of pay shall be paid for all work over forty (40) hours in one (1) week.

  • Maintenance of Hazard Insurance; Property Protection Expenses The Servicer shall cause to be maintained for each Mortgage Loan hazard insurance naming the Servicer or related Subservicer as loss payee thereunder providing extended coverage in an amount which is at least equal to the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loan from time to time or (ii) the combined principal balance owing on such Mortgage Loan and any mortgage loan senior to such Mortgage Loan from time to time. The Servicer shall also cause to be maintained on property acquired upon foreclosure, or deed in lieu of foreclosure, of any Mortgage Loan, fire insurance with extended coverage in an amount which is at least equal to the amount necessary to avoid the application of any co-insurance clause contained in the related hazard insurance policy. Amounts collected by the Servicer under any such policies (other than amounts to be applied to the restoration or repair of the related Mortgaged Property or property thus acquired or amounts released to the Mortgagor in accordance with the Servicer's normal servicing procedures) shall be deposited in the Collection Account to the extent called for by Section 3.02. In cases in which any Mortgaged Property is located at any time during the life of a Mortgage Loan in a federally designated flood area, the hazard insurance to be maintained for the related Mortgage Loan shall include flood insurance (to the extent available). All such flood insurance shall be in amounts equal to the lesser of (i) the amount required to compensate for any loss or damage to the Mortgaged Property on a replacement cost basis and (ii) the maximum amount of such insurance available for the related Mortgaged Property under the national flood insurance program (assuming that the area in which such Mortgaged Property is located is participating in such program). The Servicer shall be under no obligation to require that any Mortgagor maintain earthquake or other additional insurance and shall be under no obligation itself to maintain any such additional insurance on property acquired in respect of a Mortgage Loan, other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance. If the Servicer shall obtain and maintain a blanket policy consistent with its general mortgage servicing activities insuring against hazard losses on all of the Mortgage Loans, it shall conclusively be deemed to have satisfied its obligations as set forth in the first sentence of this Section 3.04, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property a policy complying with the first sentence of this Section 3.04 and there shall have been a loss which would have been covered by such policy, deposit in the Collection Account the amount not otherwise payable under the blanket policy because of such deductible clause. Any such deposit by the Servicer shall be made on the last Business Day of the Collection Period in the month in which payments under any such policy would have been deposited in the Collection Account. In connection with its activities as administrator and servicer of the Mortgage Loans, the Servicer agrees to present, on behalf of itself, the Company, the Issuer, the Indenture Trustee and the Securityholders, claims under any such blanket policy.

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • Premium Taxes If premium taxes are incurred, they will be deducted from the contract accumulation, to the extent permitted by law.

  • Reinsurance Premiums A. Computation Reinsurance Premiums under this Agreement shall be calculated as described in Exhibit I.

  • Primary Mortgage Insurance Considerations Where applicable, the Servicer shall satisfy all requirements under the applicable Primary Mortgage Insurance policy regarding the relief granted with respect to a delinquent Mortgage Loan.

  • Payment of Premium Unless otherwise agreed in writing by the Parties, the Buyer shall be obligated to pay the Premium related to an Option no later than its Premium Payment Date.

  • Reimbursement Premium (1) The Company shall, in a timely manner, pay the SBA its Reimbursement Premium for the Contract Year. The Reimbursement Premium for the Contract Year shall be calculated in accordance with Section 215.555, Florida Statutes, with any rules promulgated thereunder, and with Article X(2).

Time is Money Join Law Insider Premium to draft better contracts faster.