Credit Available. Each full-time teacher shall have fifteen (15) days of sick leave available at the beginning of employment. If a teacher uses all or part of the fifteen
Credit Available. Each new regular employee will have the equivalent of five (5) days of sick leave available at the beginning of employment. When a regular employee has exhausted his/her accumulated sick days, the administration may extend five (5) additional days based on medical evidence for the additional days. The administration may extend an additional ten (10) sick days after the five days have been exhausted based on medical evidence for the additional days. The advancement of sick leave credit may never exceed a fifteen (15) day advancement in an employment year.
Credit Available. For the purposes of this Agreement, the Maximum Bank Commitment shall be the lesser of: (i) $85,000,000.00; or (ii) an amount equal to 50% of the Accepted Appraised Value of all of the Hotels and the related Collateral covered by the Indenture as of the time the Maximum Bank Commitment is to be determined. Bank of Commerce agrees to purchase, and the other Banks and AmSouth hereby agree to so assign an interest in the Credit owed to the other Banks in such amount as is necessary to cause each Bank's proportionate share of the Maximum Bank Commitment to be as follows (AmSouth shall have no interest in the Credit from and after the date of this Agreement, provided, however, AmSouth shall have the right to receive payment pursuant to Section 4.17 of this Agreement): Proportionate Share of ---------------------- Bank Maximum Bank Commitment ---- ----------------------- First Tennessee 3/17 The Agent 6/17 Bank One 3/17 Liberty 2/17 Bank of Commerce 3/17 The Accepted Appraised Value assigned to the Hotels and related Collateral covered by the Indenture shall be deemed to be the value of each Hotel and related Collateral during the term hereof unless a Hotel be substantially damaged and destroyed while not insured as required in accordance with this Agreement and the Indenture, or a Hotel be sold or released from the Indenture, as provided herein, or all of the Banks should approve a change in such value based upon one or more FIRREA appraisals. Except as provided in Section 4.15 hereof, the Banks shall bear the costs of any appraisals obtained hereunder.
Credit Available. 15. Give bank reference: ___________________________________________________________
