Night Premium definition

Night Premium. All Purpose Clerks and Meat Cutters shall receive a premium of fifty cents ($0.50) per hour (twenty-five cents ($0.25) per hour for Courtesy Clerks and for all employees hired on or after June 20, 2004). Such premium shall apply to all work performed by employees after 12:00 midnight and before 5:00 a.m. over and above the regular hourly rate of pay and/or overtime rate to which the employee may be entitled.
Sample 1

Examples of Night Premium in a sentence

  • If crew call time is 14:00 or later on more than 2 consecutive days the Night Premium clause shall be activated as follows: all work performed between the hours of midnight and 5:00 a.m. shall have an additional 25% added to the hourly rate of pay and shall be paid at the rate in use and effect.

  • Night Premium: For hours between 12:00 midnight and 1:00 A.M. - 10% additional per hour For hours between 1:00 A.M. and 6:00 A.M. - 20% additional per hour Interviews: $31.04 allowance for 1 1/2 hour interview Fittings: $41.38 allowance for two hours Wardrobe allowance: $15.00 allowance for tuxedo or white tie and tails Wardrobe Change: $5.00 for first change and $7.50 for two or more changes.

  • OPERATOR NIGHT PREMIUM Fifty (.50) cents per hour extra; Night Premium is effective for any regular run beginning after 2:01 p.m.; no pyramiding on Sundays.

  • OPERATOR NIGHT PREMIUM: Thirty cents per hour extra; Night Premium is effective for any regular fun beginning after p.m.; no pyramiding on Sundays.

  • If work call commences at 14:00 or later on more than 2 consecutive days, the Company shall pay Employees a Night Premium whereby work performed between the hours of midnight and 5:00 a.m. shall have an additional 25% added to an Employee's applicable prevailing hourly rate of pay.

  • The balance will be paid at the appropriate day rate.Post 2012 T&C’s:With the exception of the Night Premium an employee may request TOIL at plain time instead ofpayment:Day RateMonday - SundayDay: Plain timeNight: Plain time + Night Premium (see below)Overtime rates apply either: on day the employee is contracted/rostered to work or on a day theemployee is not contracted/rostered to work or the employee is called out.

  • OVERTIME HOURS 15 13.6 Sixth and Seventh Days Overtime 15 13.9 Night Premium 15 13.10 Maximum Compounding 15 Article 14.

  • Night Premium Night Shift Work Hourly Current $1.00 *Paid on all hours worked between 10:00 PM and 7:00 AM.

  • Ng Kian-Guiab and Director of Patents, L-23791, 23 November 1966, the High Court clarified: Where an applicant for registration of a trademark states under oath the date of his earliest use, and later on he wishes to carry back his first date of use to an earlier date, he then takes on the greater burden of presenting "clear and convincing evidence" of adoption and use as of that earlier date.

  • D., Lepori, B.: Ontologies as bridges between data sources and user queries: the knowmak project experience.

Related to Night Premium

  • 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.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Deposit Premium means a provisional premium which is agreed upon in the event of it being impossible at the due date of the premium to determine the exact premium, and which represents a reasonable estimate of the premium;

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Auction Premium means the difference in price (if any) between the Starting Price and the Clearing Price;

  • Maximum Premium has the meaning set forth in Section 7.06(b).

  • Annualised Premium means the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any as specified in the Schedule.

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule.

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

  • Risk Premium means a percentage determined on an Adjustment Day for the Adjustment Period beginning on such Adjustment Day, which indicate the price of the risks taken over by the Issuer. The determination will be made by the Issuer in its reasonable discretion (billiges Ermessen § 315 German Civil Code (BGB)). The respective

  • 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 premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Buyers Premium means a Commission payable by The Buyer to the Auctioneer. The Auctioneer, when acting as Agent for The Seller, may also receive

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.

  • Yield Maintenance Period means the period from and including the date of this Note until but not including the Scheduled Initial Maturity Date.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.