Banked definition

Banked means that Unit Members who have an overload assignment may perform those duties without receiving remuneration for a portion or all of the assignment and may receive during a subsequent semester equivalent release time from their full-time workload.
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Banked overtime may be scheduled as time off in accordance with the following provisions:
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Banked overtime is to be entered into CADs by the employee.
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Examples of Banked in a sentence

  • Where an employee qualifies for Family Responsibility Leave and the employee has Banked Overtime, Unscheduled Annual Vacation (UAV) or Random Annual Vacation (RAV) time available, the employee may access Banked Overtime, UAV or RAV for the day(s) in question.

  • The Banked New England dairy barn (Property 863) is on a parcel of land with two non-historic buildings, denoted as Properties 862 and 863 4.3.6.4 Archaeological Resources This section describes known prehistoric and historic archaeological sites within the Segment 4 Study Area reported by the MHPC as being included in or eligible for inclusion on the National Register.

  • Banked sick leave accrued after December 31, 2005, will be used following exhaustion of any banked sick leave accrued prior to January 1, 2006.

  • If the actual BGA balance is greater than the Fall Checkpoint Quantity on the Fall Checkpoint Date, Customer shall incur a charge equivalent to the difference between the actual BGA balance and the Fall Checkpoint Quantity (“Customer Determined Excess Quantity”) multiplied by the Banked Gas Account Overrun rate in Rider A.

  • Banked vacation hours used cannot exceed the total banked vacation time earned.


More Definitions of Banked

Banked overtime not taken by December 31st shall be paid out by the Company by January 31st the following year. Employees must give the Company written notice as far in advance as possible when using banked overtime as paid time off.
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Banked cents per hour for a year may be used in another one (1) year period if MINIMUM FUNDING requires more than forty-eight and one-half cents (48½¢). Employer obligations shall not exceed forty-eight and one-half cents (48½¢) times three (3) years for the period from August 2005 through July 2008.
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Banked. ’ shall mean securely deposited with the Facility Provider.
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Banked time shall accrue at the following rates:
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Banked vacation accumulated; and,
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Banked overtime is to be clearly noted on the time card. Accumulation of “Banked” overtime is not to exceed hours or two normal work weeks at straight time. Banked overtime off must be at a mutually acceptable time with the employee filing such a request to the supervisor no less than two weeks prior to the time being taken. A meal allowance of shall be paid to an employee who is required to work two or more hours overtime after
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Banked vacation accumulated under Article 1207; and,
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