CREDIT EXPERIENCE Sample Clauses
The CREDIT EXPERIENCE clause defines how a party's history of credit usage and payment behavior is considered within the context of the agreement. Typically, this clause outlines the standards or documentation required to demonstrate satisfactory credit experience, such as providing references, credit reports, or evidence of timely payments to previous creditors. Its core practical function is to ensure that the party being evaluated is financially reliable, thereby reducing the risk of default and helping the other party make informed decisions about extending credit or entering into a financial relationship.
CREDIT EXPERIENCE. 1. Full credit shall be granted for each year of teaching experience in a state-accredited school prior to being employed by the Board. Out-of-state, non-accredited experience may be granted at the discretion of the superintendent.
2. An educator who had been employed for at least one complete semester during a school year or who taught half-time or more during a complete school year shall be granted a full year’s credit on the salary schedule. However, if such experience (one semester’ or part-time experience) is obtained in each of two school years, it shall be combined and counted as one year of experience.
CREDIT EXPERIENCE. 1. Full credit shall be granted for each year of teaching experience in a state-accredited school prior to being employed by the Board. Out-of-state, non-accredited experience may be granted at the discretion of the superintendent.
CREDIT EXPERIENCE. 12.4.1 Teachers may be given full credit for experience in other school systems, upon their employment, up to fifteen (15) years of experience.
12.4.2 The Superintendent shall determine if he/she will grant credit experience.