Hourly Basis definition

Hourly Basis means that Contractor shall be paid at an hourly rate for each such hour of authorized Work actually performed.
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Hourly Basis means compensation paid according to the number of hours that employee actually works.
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Hourly Basis means that Contractor shall be paid at an hourly rate for each hour of authorized Work actually performed.
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Examples of Hourly Basis in a sentence

  • Hourly Rates for Services When, as specified in an authorized Work Order, Contractor is to be compensated on an Hourly Basis, Contractor shall be compensated only for hours actually incurred by Contractor or its Subcontractor employees in pursuit of the Work.

  • Hourly Rate Basis When, Contractor is to be compensated on an Hourly Basis, Contractor shall be compensated only for hours actually incurred by Contractor or its Subcontractor employees in pursuit of the Work.

  • In performing the Contract Scope of Work, the Contractor will be compensated on an Hourly Basis for labor, with a Not-To-Exceed (NTE) amount of [$---------] ( dollars) in accordance with the Contractor’s Standard Billing Rates (Attachment B) and on an incurred basis for Reimbursable Expenses in accordance with Contractor’s Reimbursable Expense Schedule (Attachment C), subject to any NTE amounts included in Attachment C.

  • If the State requests Services to be provided on an Hourly Basis, Contractor shall invoice the State monthly for all hours actually worked in the previous calendar month.

  • Type of Incubator service/s provided Number of start-ups workshops and mentoring   financial, marketing and product development   delivery of events such as pitch and networking   international activities   other, please specify:   Outline the types of new networks or connections made as a result of the Incubator Support grant, both domestically and internationally.

  • The payment method, basis, frequency and other special conditions are set forth below: Hourly Basis The Client and Consultant agree as to the hourly not to exceed basis for payment for services provided by Consultant.

  • In performing the Contract Scope of Work, the Contractor will be compensated on an Hourly Basis for labor, with a Not-To-Exceed (NTE) amount of [$---------] ( dollars) in accordance with the Contractor’s Standard Billing Rates (Attachment B) and on an incurred basis for Reimbursable Expenses Schedule (Attachment C) up to, but not to exceed, the estimated amount of [$ ].

  • Invoices shall be broken down on a Work Authorization by Work Authorization basis, and the invoiced detail for each Work Authorization shall show: For any Services in a Work Authorization Priced on an Hourly Basis, Contractor shall invoice the State for the actual hours worked during that month at the rates specified in the Work Authorization, but not to exceed the Not to Exceed Total for that Service specified in the Work Authorization..

  • For Services Requesteed on an Hourly Basis If the State requests Services to be provided on an Hourly Basis, Contractor shall invoice the State monthly for all hours actually worked in the previous calendar month.

  • In performing the Contract Scope of Work set forth in the “Time and Materials” Work Order, the Contractor will be compensated on an Hourly Basis for labor, with a Not-To-Exceed (NTE) amount set forth in such Work Order, in accordance with the Contractor’s Standard Billing Rates (Attachment B) and on an incurred basis for Reimbursable Expenses Schedule (Attachment C) up to, but not to exceed, the estimated amount set forth in the Work Order.


More Definitions of Hourly Basis

Hourly Basis means that the employee is entitled to be paid for all actual hours that he or she is required or permitted to work at either the straight-time regular hourly rate until the employee has worked 40 hours in the workweek or overtime hourly rate or compensatory time accrual at one and one-half times (1 ½ X) the employee’s regular rate of pay for each hour worked over forty in the workweek. If the employee is represented, the terms and binding practices under the applicable collective bargaining agreement will govern; provided that the collective bargaining agreement is not less beneficial to the employee than the requirements provided under the FLSA and the WMWA.
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Hourly Basis means that the fee is calculated on the time actually spent by the Consultant on a given matter (including but not limited to the time spent on travel abroad and from the Consultant offices to the Project Site(s), time spent for participation to meetings related to the Services, etc.) on the basis of the Hourly Rate.
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Hourly Basis means that Contractor shall be paid at an hourly rate for each hour of authorized Work actually performed. Intellectual Property Rights: all past, present, and future rights of the following types, which may exist or be created under the laws of any jurisdiction in the world: (a) rights associated with works of authorships, including copyrights, moral rights, and mask work rights; (b) trademark and trade name rights and similar rights; (c) trade secret rights; (d) patent and industrial property rights; (e) other proprietary rights in intellectual property of every kind and nature; and (f) rights in or relating to registrations, renewals, extensions, combinations, divisions, and reissues of, and applications for, any of the rights referred to in clauses (a) through (e) of this sentence. IT Infrastructure: software and all computers and related equipment, including, as applicable, central processing units and other processors, controllers, modems, servers, communications and telecommunications equipment and other hardware and peripherals. JBE: is an acronym for “Judicial Branch Entity.” Judicial Branch Contract Law (JBCL): Part 2.5 of the Public Contract Code (“PCC”); PCC 19201-19210. Judicial Branch Entity: refers to the Supreme Court, each Court of Appeal, each superior court, the Judicial Council, and the Administrative Office of the Courts. These entities comprise the “Judicial Branch”.
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Hourly Basis means compensation paid according to the number of hours an employee actually works.
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Hourly Basis refers to freelancers earning an hourly wage.
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Related to Hourly Basis

  • Fully Burdened Hourly Labor Rate means an hourly rate that includes all salary, overhead costs, general and administrative expenses, and profit.

  • Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for contractor personnel, as well as subcontractor personnel if appropriate.

  • Hourly Rates means payment on the basis of time reasonably spent on a case (as opposed to payment by way of a Standard Fee) where payment is based on the rates set out in the Remuneration Regulations;

  • Straight-time rate means the hourly rate of remuneration.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Cost-plus-a-percentage-of-cost contract means a contract under which the contractor is paid a percentage of the total actual expenses or costs in addition to the contractor's actual expenses or costs.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Final Average Earnings means (a) divided by (b) as follows:

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Fully Loaded Cost means the direct cost of good or service plus all applicable indirect charges and overheads.

  • Disposable earnings means that part of the earnings of an

  • Final average salary means whichever of the following is greater:

  • Final Average Pay means the participant’s average monthly compensation in the highest three calendar years of compensation out of five consecutive calendar years of employment during a period of eligibility service by the Company or an Affiliate. Years separated by a period of one or more calendar years when the participant has no such eligible employment shall be treated as consecutive. Additional compensation paid at retirement or other Separation from Service, such as for periods of unused vacation or sick leave, shall be attributed to calendar years by assuming that employment continued during the period based on which the compensation is measured. Severance pay shall be disregarded, except severance pay in lieu of service.

  • Cost Basis means (i) for cash, the dollar amount deposited, and (ii) for the other Permitted Investments, the amount paid, excluding accrued interest, by the holder to buy the United States Treasury Securities or the Money Market Fund shares. These amounts may also be known as the tax basis, book value, or tax cost basis.

  • Annualized means (i) with respect to the end of the first Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter multiplied by four, (ii) with respect to the second Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding Fiscal Quarter multiplied by two, and (iii) with respect to the third Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding two Fiscal Quarters multiplied by one and one-third.

  • Gross laden weight means the actual weight of a vehicle or combination of

  • Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of this clause.

  • Units serving lower income households means units that are occupied by lower income households at an affordable rent, as defined in section 50053 of the Health and Safety Code or, to the extent that the terms of federal, state, or local financing or financial assistance conflicts with section 50053, rents that do not exceed those prescribed by the terms of the financing or financial assistance. Effective October 13, 2017, pursuant to Revenue and Taxation Code section 214(g)(2)(A)(iii), a unit in a property that receives federal low income housing tax credits shall continue to be treated as occupied by a lower income household if the occupants were lower income households on the lien date in the fiscal year in which their occupancy of the unit commenced and the unit continues to be rent restricted, notwithstanding an increase in the income of the occupants of the unit to 140 percent of area median income (AMI), adjusted for family size (“over-income” tenants). Units reserved for lower income households at an affordable rent that are temporarily vacant due to tenant turnover or repairs shall be counted as occupied.

  • Net Earned Premium as used herein is defined as gross earned premium of the Company for the classes of business reinsured hereunder, less the earned portion of premiums ceded by the Company for reinsurance which inures to the benefit of this Contract and less dividends paid or accrued.

  • Base Cost means base cost as defined in paragraph 1 of the Eighth Schedule;

  • Gross Calorific Value of “GCV” shall mean that quantity of heat expressed in Kilowatt- hour produced by the complete combustion of one (1) normal cubic metre of Natural Gas at twenty-five (25) degrees Celsius and an absolute pressure of one decimal zero one three two five (1.01325) bar with excess air at the same temperature and pressure as the Natural Gas when the products of combustion are cooled to twenty-five (25) degrees Celsius and when the water formed by combustion is condensed to the liquid state and the products of combustion contain the same total mass of water vapor as the Natural Gas and air before combustion.

  • hourly rate of pay means a full-time employee’s weekly rate of pay divided by thirty-seven decimal five (37.5); (taux de rémunération horaire)

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Applicable Wages means the basic straight time wages for all hours worked, including:

  • Double check valve assembly means an assembly composed of two single, independently acting, check valves including tightly closing shutoff valves located at each end of the assembly and suitable connections for testing the water tightness of each check valve.