Grade 2 definition

Grade 2 means that, under the Originator’s loan grading system, which ranks loans based on its analysis of credit quality of the underlying assets, the Obligor is performing slightly below expectations, the Loan risk has increased since origination, the Obligor may be out of compliance with debt covenants, however, Scheduled Payments are not more than 120 days past due.
Grade 2 means an operator able to operate one section of plant competently.
Grade 2 means a worker who having passed the Emergency Response Driver Course including prescribed assessments appropriate to this grade is appointed by the Chief Executive National Commander to drive and operate all fire appliances and ancillary vehicles excluding those listed under Driver 1 above. 2.6.5.2.1 Special cases not provided for in Subclause 2.6.5.2 may be reviewed on application to the Chief Executive/National Commander.

Examples of Grade 2 in a sentence

  • Where the employer requires the employee to perform any or all of the tasks set out below, relevant to a Grade 2 position, the employee must possess relevant skill and competence to perform such tasks.

  • Grade 2 - Technology: Operate equipment; identify and/or rectify minor faults in equipment; edit and save information; produce document from written text using standard format; shutdown equipment.

  • Grade 2 - Communication: Respond to incoming telephone calls; make telephone calls; draft simple correspondence.

  • Grade 2 - Business Financial: Reconcile invoices for payment to creditors; prepare statements for debtors; enter payment summaries into journals; post journals to ledger.

  • Grade 2 - Team: Participate in identifying tasks for team; complete own tasks; assist others to complete tasks.


More Definitions of Grade 2

Grade 2 means an employee whose duties require that he or she use basic skills and work under regular supervision or who is required to gain competence through training and/or experience.
Grade 2 means an Employee appointed as such, who has completed or acquired the competency to perform the tasks within the position descriptions assigned to this grade: Job titles at this grade include: Storeperson Driver
Grade 2 means to quality at Grade 2 a non trade Production employee will have been credited with at least thirty five (35) points from the applicable Career Path Model, at least thirty (30) of which must be in Core Skills.
Grade 2 means an employee able to carry out one task competently.
Grade 2 means an Employee appointed as such who:
Grade 2 means a person who has completed a Certificate in Sterilisation Technology at TAFE and is performing more complex tasks than a Grade 1 employee under only general supervision.
Grade 2 means an employee able to carry out one task competently. ‘Grade 3’ shall mean an employee able to carry out two tasks competently. ‘Grade 4’ shall mean an employee able to carry out three tasks competently.