Revenue Credit Sample Clauses

Revenue Credit. Power Services will receive a payment of at least $50,834,800 each year of the Rate Period from Transmission Services in exchange for planned balancing reserve capacity provided from the FCRPS as described in sections 3, 4 and 5 above. Power Services will set power rates with the revenue credit expectation that it will receive $54,834,800 from Transmission Services. This section 12 is subject to section 17(b) below.
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Revenue Credit. Power Services will set power rates with the revenue credit expectation that all planned inc balancing capacity will be sourced from the FCRPS.
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Revenue Credit. The total Mequon Water Utility revenue credit for connection depends on the number of connections. The revenue credit may be accounted for upon acceptance by the Mequon Water Utility.
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Revenue Credit. The Purchaser will be entitled to receive a credit against the Transitional Labor Cost, as provided in Section 2.5, for the gross revenues of IWS accrued or accruing after January 1, 2001, recognized or to be recognized in accordance with GAAP (including, without limitation any unearned revenue as of the Closing Date, as set forth on a schedule to be provided by the Seller on the Closing Date), arising under (i) any IWS contract existing as of the date hereof, and (ii) any IWS contract executed after January 1, 2001, less the sum of (x) applicable direct sales costs and (y) a discount (commensurate with the rate set forth in the Reseller Agreement) (the "REVENUE CREDIT").
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Revenue Credit. The Trustee and affiliate shall make a payment in the amount of the Revenue Credit calculated for each quarter to a suspense account in the Plan (the "Revenue Credit Account") under the following terms:
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Revenue Credit. If a Revenue Credit is payable to the Plan, the Trustee shall pay such amount to a Revenue Credit Account on a quarterly basis to be used in the manner specified in this Section.
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Revenue Credit. The Trustee shall make a payment in the amount of the Revenue Credit calculated annually by Plan to a suspense account in each Plan (the “Revenue Credit Account”) under the following terms:
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Revenue Credit. The Trustee shall make a payment in the amount of $75,000 annually which shall be spread pro rata across each Plan governed by this Agreement based on each Plan’s assets as of the prior month end (the “Revenue Credit Account”) under the following terms:
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Revenue Credit 
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Related to Revenue Credit

  • Service Credit With respect to benefits accruing during the CBA Term, Buyer shall recognize and apply each Transferred Employee’s prior service with Seller toward any eligibility and vesting under the Employee Benefits Plans and other compensation arrangements of Buyer and, in the case of Represented Transferred Employees, any other plans established to provide benefits described in the Generation CBA and in the case of Non- Represented Transferred Employees in Seller’s policies or plans, if any, that may become applicable to Non-Represented Transferred Employees. Buyer shall vest each Transferred Employee under the Employee Benefits Plans of Buyer to the extent such employee is vested under the Employee Benefits Plans of Seller (or its applicable Affiliates) immediately prior to the Closing, provided that all vacation, personal and sick days accrued by each Transferred Employee under the plans, policies, programs and arrangements of Seller (or its applicable Affiliates) immediately prior to the Closing shall not be a cost to Buyer, but shall be paid as provided in Section 5.8(f). Buyer shall waive all limitations with respect to preexisting conditions, exclusions based on health status and waiting periods with respect to participation and coverage requirements under Buyer’s health and welfare plans. Except as provided in this Section 5.8(d), Seller shall be solely responsible for all Liabilities including any applicable termination pay, severance pay, accrued wages or salary, accrued bonus and/or incentive pay (whether or not such bonus or incentive compensation is subject to any continued service requirement), accrued vacation and sick time, as well as any other benefits, created or owing as a consequence of the employment on or before the Closing Date of any Transferred Employee, or the cessation of any Scheduled Employee’s employment on or before the Closing Date, including

  • Service Credits Employees on pregnancy leave shall be entitled to normal accumulation of service credits for the duration of the pregnancy leave.

  • Experience Credit a. For the purpose of this article, a teacher teaching on call (TTOC) shall be credited with one (1) day of experience for each full-time equivalent day worked.

  • Sick Leave Credit-Based Retirement Gratuities 1) A Teacher is not eligible to receive a sick leave credit gratuity after August 31, 2012, except a sick leave credit gratuity that the Teacher had accumulated and was eligible to receive as of that day.

  • Sick Leave Credits Regular employees who have completed their probationary period will accrue sick leave credits at the rate of one day per month to a maximum of 156 days. Upon completion of their probationary period, an employee will be credited with sick leave back to the employee's starting date. Upon request, an employee will be advised in writing of the balance of their sick leave credits.

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