LEVEL PAY definition

LEVEL PAY. POOL BALANCE" shall mean, for any Payment Date, the sum of (i) the aggregate Level Pay Balance of Final Payment Receivables and (ii) the aggregate Principal Balance of the Receivables other than Final Payment Receivables, as of the close of business on the last day of the preceding Collection Period.
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Examples of LEVEL PAY in a sentence

  • I I D NETWORK NORTH PAY EQUITY FOR JANUARY INCLUDED NETWORK NORTH CLASSIFICATIONS HOURLY RATES INCLUDED PAGE OF CLASSIFICATION EFFECTIVE DATE LEVEL LEVEL LEVEL LEVEL LEVEL LEVEL PAY BAND CONFERENCES AND WORKSHOPS Oct.

Related to LEVEL PAY

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Poverty level means the annual family income for a family unit of a particular size, as specified in the poverty guidelines updated annually in the Federal Register by the U.S. Department of Health and Human Services.

  • Weeks pay means the ordinary weekly rate of wage for the employee concerned.

  • basic pay means the rate of pay negotiated by the parties to this agreement, including add-to-pay resulting from salary protection;

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.