Credit values Clause Samples
The 'Credit values' clause defines the specific numerical or monetary worth assigned to credits within an agreement or system. In practice, this clause outlines how credits are calculated, what each credit represents in terms of value, and the conditions under which credits may be earned, used, or redeemed. By clearly establishing the value of credits, this clause ensures transparency and consistency in transactions involving credits, preventing disputes and misunderstandings about their worth.
Credit values. 31.5.1 One (1) semester unit of college or university study has a value of one (1) unit.
31.5.2 One (1) semester unit of community college study has a value of one (1) unit.
31.5.3 Fifteen (15) hours of adult school study has a value of one (1) unit.
31.5.4 Fifteen (15) hours of workshops, institutes, seminars, or conferences has a value of one (1) unit.
31.5.5 Twenty-five (25) hours of project, research, or independent study (a written report must be submitted upon completion of study to the Professional Growth Committee) has a value of one (1) unit.
Credit values. The credit for each IP Spare to be issued by Embraer will be: **Material Redacted** an amount equal to **Material Redacted**.
Credit values. Many LASER qualifications are assigned a credit value. Credit values are based on Total Qualification Time (TQT – see section 11 above) for the qualification, divided by 10. For example, a qualification with a TQT of 70 will have a credit value of 7 (70 divided by 10).
Credit values. The credit for each spare part to be issued by Embraer will be: (i) an amount equal to [*] or (ii) an amount equal to [*], whichever is less.
Credit values. The credit for each IP Spare to be issued by Embraer will be: (i) an amount equal to [*] or (ii) an amount equal to [*] whichever is less.