TLU Values Sample Clauses
The 'TLU Values' clause defines the specific values or parameters associated with the Term Loan Utilization (TLU) in a financial agreement. It typically outlines the maximum amount that can be drawn, the conditions under which funds may be accessed, and any relevant thresholds or limits. For example, it may specify the total loan facility available, the minimum drawdown amounts, or the schedule for utilization. This clause ensures both parties have a clear understanding of the financial boundaries and operational mechanics of the loan, thereby preventing disputes and facilitating smooth loan administration.
TLU Values. A one-semester, three-hour per week lecture course has a TLU value of one. TLU values for other teaching formats shall be calculated as follows: 1 lecture hour = 1/3 of a TLU 1 seminar or laboratory hour = 1/6 of a TLU