Unused Credit Sample Clauses

Unused Credit. 6.2(a) All earned time off must be taken before the expiration of twelve (12) months after the date the earned time off day is earned. However, days earned up to the maximum accrual during an anniversary year may be carried over into the succeeding anniversary year. At no time shall an engineer carry a balance of more than two (2) times their annual accrual.
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Unused Credit. If any employee does not use all or part of their ETO, the unused balance of ETO will continue to accrue from year to year. At the employee’s discretion, employees may choose to receive pay in exchange for unused ETO. The employee must request to be paid for any unused ETO ten or more working days before the date upon which they wish to exchange their ETO. Payments will be made on the first full pay period following the selected exchange date. On any anniversary of an employee’s seniority date, an employee shall not be permitted to carry forward more than the maximum number of ETO hours listed below: Seniority Maximum ETO hours < 5 years 244 5 – 10 years 286 10 – 15 years 352 15 – 20 years 380 20 – 25 416 > 25 456 If an employee has more than the maximum allowed ETO hours on the anniversary of their seniority date, the employee will be paid for the excess accrued and unused ETO. All payments in lieu of ETO shall be made at the employee’s Base Rate in effect at the time the ETO is exchanged, including shift premium where applicable.
Unused Credit. If you have prepaid therapy and have remaining credit at the end of an intensive, any unused money may be transferred onto future sessions or simply held on your child’s account with no further charge (unless a cancellation fee applies as per above). • Refunds - A refund may be requested for any unused credit at any time following the completion of an intensive. A refund fee of 3% (of the amount to be refunded) will charged to cover admin and processing fees. For example, if you have $1000 in remaining credit that you would like refunded, a refund fee of $30 will apply. Refunds may take up to 30 days to be approved and applied. Please note that NAPA is only able to return funds to the source from where it was paid. • Being a registered NDIS Provider, NAPA is routinely audited by the NDIS. If you have had money returned to you by XXXX, that you had originally claimed or obtained from your child’s NDIS plan then we strongly suggest that you return these amounts to the NDIS to avoid action on their behalf.
Unused Credit. On April 8, 1997, the Commitments shall reduce by an amount equal to the lesser of (i) $300,000,000 or (ii) the sum of:
Unused Credit. The Borrower shall pay to the Bank an ------------- unused credit fee on the average daily amount by which the Credit Limit exceeds the sum of outstanding Loans and Letter of Credit Obligations, computed on a quarterly basis in arrears on the last Business Day of each calendar quarter, based upon the daily utilization for such quarter, equal to .125% per annum. Such fee shall accrued from the date of the Second Amendment to this Agreement and shall be due and payable quarterly in arrears on the last Business Day of each calendar quarter, commencing on September 30, 1997 with the final payment to be made on the Maturity Date.

Related to Unused Credit

  • Unused Line Fee Borrower shall pay to Lender monthly an unused line --------------- fee at a rate equal to three-eighths (3/8%) percent per annum calculated upon the amount by which the Revolving Loan Limit exceeds the average daily principal balance of the outstanding Revolving Loans and Letter of Credit Accommodations during the immediately preceding month (or part thereof) while this Agreement is in effect and for so long thereafter as any of the Obligations are outstanding. Such fee shall be payable on the first day of each month in arrears.

  • Unused Fee In addition to any other fee to be paid by the Borrowers on account of the Revolving Credit, each Revolving Credit Lender shall be paid the Line Fee by the Administrative Agent at the times and in the manner set forth below. The Borrowers shall pay to the Administrative Agent for the account of the Revolving Credit Lenders, the Unused Fee. If the Unused Fee actually paid by the Borrowers is insufficient to pay an amount equal to the Line Fee to the Revolving Credit Lenders, the deficiency shall be paid to the Revolving Credit Lenders by the Swing Line Lender from its own funds (and the Borrowers shall have no liability with respect thereto). The Administrative Agent shall pay the Line Fee (and any amounts payable by the Swing Line Lender hereunder) to the Revolving Credit Lenders based upon their pro rata share of an amount equal to the aggregate Line Fee due to all Revolving Credit Lenders; provided that, for purposes of calculating the pro rata share of any Person which is both the Swing Line Lender and a Revolving Credit Lender, such Person's share shall be equal to the difference between (i) the sum of such Person's Revolving Credit Commitment, and (ii) the sum of (A) such Person's Revolving Credit Commitment Percentage of the principal amount of the Revolving Loans then outstanding (including the principal amount of Swing Line Loans then outstanding), and (B) such Person's Revolving Credit Commitment Percentage of the then undrawn Stated Amount of outstanding L/Cs. The Unused Fee shall be paid in arrears, on the first day of each quarter after the execution of this Agreement and on the Termination Date.

  • Letter of Credit Fee Borrowers shall pay Agent (for the ratable benefit of the Revolving Lenders), a Letter of Credit fee (the “Letter of Credit Fee”) (which fee shall be in addition to the fronting fees and commissions, other fees, charges and expenses set forth in Section 2.11(k)) that shall accrue at a per annum rate equal to the LIBOR Rate Margin times the undrawn amount of all outstanding Letters of Credit.

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