HIGHER RATE APPLICABLE Sample Clauses
The "Higher Rate Applicable" clause establishes that, in situations where multiple rates could apply to a transaction or obligation, the highest of those rates will be used. For example, if a contract references both a statutory interest rate and a contractual default rate, this clause ensures that the greater of the two is enforced. This approach prevents ambiguity and ensures that the party entitled to payment receives the maximum rate allowed, thereby discouraging delay or default and providing a clear standard for calculating amounts due.
HIGHER RATE APPLICABLE. The Employer agrees that any Employees who are employed on work specified in Article 6 who are re- quired to work within the territorial jurisdiction of any other Local Union covered by the terms of the Col- lective Agreement whose gross wage (i.e. wage rate, welfare and/or pension fund and vacation pay per- centage, etc.) are higher than those contained in the Local’s schedule, then the higher gross wage of the job site local will apply. All of the work covered by the terms and condi- tions of this Collective Agreement shall be performed by qualified Roofing Personnel recognized by the Lo- cal Union.
HIGHER RATE APPLICABLE. The Employer agrees that any Employees who are employed on work specified in Article 6 who are re- quired to work within the territorial jurisdiction of any other Local Union covered by the terms of the Collect- ive Agreement whose gross wage (i.e. wage rate, wel- fare and/or pension fund and vacation pay percent- age, etc.) is higher than that contained in the Local’s schedule, then the higher gross wage of the job site local will apply. If the job site local’s gross wage rate is lower, than the higher gross wage of the member’s home local shall apply. Regardless of the location of the work being per- formed, any dues deductions and remittances re- quired by the provisions of this Collective Agreement shall be carried out as if the employee was working within the geographic jurisdiction of his home local. All of the work covered by the terms and condi- tions of this Collective Agreement shall be performed by qualified Roofing Personnel recognized by the Lo- cal Union.
HIGHER RATE APPLICABLE. The Employer agrees that any Employees who are employed on work specified in Article 6 who are required to work within the territorial jurisdiction of any other Union covered by the terms of the Collective Agreement whose gross wage (i.e. wage rate, welfare and/or pension fund and vacation pay percentage, etc.) are higher than those contained in the Local’s schedule, then the higher gross wage of the job site local will apply. All of the work covered by the terms and conditions of this Collective Agreement be performed by quali- fied Roofing Personnel by the Local Union.
HIGHER RATE APPLICABLE. The Employer agrees that any Employees who are employed on work specified in Article who are re- quired to work within the territorial jurisdiction of any other Local Union covered by the terms of the Col- lective Agreement whose gross wage (i.e. wage rate, welfare and/or pension fund and vacation pay per- centage, etc.) are higher than those contained in the Local’s schedule, then the higher gross wage of the job site local will apply. All of the work covered by the terms and conditions of this Collective Agreement shall be performed by qualified Roofing Personnel recognized by the Local Union.
HIGHER RATE APPLICABLE. The Employer agrees that any Employees who are employed on work specified in Article who are re- quired to work within the territorial jurisdiction of any other Local Union covered by the terms of the Col- lective Agreement whose gross wage wage rate, welfare pension fund and vacation pay percent- age, etc.) are higher than those contained in the Lo- cal’s schedule, then the higher gross wage of the job site local will apply. All of the work covered by the terms and conditions of this Collective Agreement shall be performed by qualified Roofing Personnel recognized by the Local Union.