Credit Option Sample Clauses

Credit Option. 1. When a contracted employee acquires fifteen (15) hours of approved committee time, they may receive 1 unit of credit toward movement on the Salary Schedule. Committee time may include meeting time, approved non-meeting time (e.g., research to support committee work), or any combination of the two.
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Credit Option. Alternatively, the Student and the instructor may mutually agree to reschedule the lesson or credit the lesson fee toward a future lesson. The specific arrangement will be determined between the student and the instructor. Refund Request Procedure: To request a refund, the student must adhere to the following procedure: The student should promptly notify Drive Smart Driver Academy, either by phone or email, of the issue requiring a refund. If the refund is related to an instructor-made or received call, the student should discuss the matter directly with the instructor to determine if a resolution can be reached. If the Student and instructor agree to a refund or credit, the details of this agreement should be communicated to Drive Smart Driver Academy. For other refund requests, Drive Smart Driver Academy will review the request and circumstances leading to the refund. Drive Smart Driver Academy will process approved refunds promptly, typically within 2 business days of the refund request.
Credit Option. 4.1. AEROCOMPACT will provide the customer with a credit note for the annual usage fee if the customer can prove that he has purchased goods worth EUR 20.000 per license from AEROCOMPACT in the previous year.

Related to Credit Option

  • Total Credit Award GO-Biz, upon approval by the Committee and conditioned upon the requirements set forth in this Agreement, will award Taxpayer a California Competes Tax Credit ("CCTC") in the amount of one hundred thousand dollars ($100,000.00) (“Credit”). Specifically, Taxpayer is receiving a CCTC against the “net tax” as defined in RTC section 17039, or the “tax” as defined in RTC section 23036, as applicable, pursuant to RTC section 17059.2 or 23689, as applicable.

  • Letter of Credit Fees The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in accordance, subject to Section 2.16 with its Applicable Revolving Credit Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable Rate times the daily amount available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. Letter of Credit Fees shall be (i) due and payable on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Revolving Lenders, while any Event of Default exists, all past due Letter of Credit Fees shall accrue at the Default Rate.

  • Letters of Credit (a) The Letter of Credit Commitment.

  • Revolving Loans The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of all Revolving Loans outstanding on such date.

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