Credit Unit definition

Credit Unit means a unit credited to an Employee under the plan.
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Credit Unit means a Credit Unit, or fraction thereof, credited to an Employee under the Plan generally for Workweeks for which he/she receives pay, and cancelled at specified rates for the payment of certain Regular Benefits; and includes a Guaranteed Annual Income Credit Unit credited pursuant to sections 3.06, 3.07 and 3.08;
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Credit Unit for JGLS programmes means a specific number of class hours prescribed for a course. One credit unit requires three contact hours or 15 class hours. A two-credit unit course requires six contact hours or 30 class hours and a four-credit unit course requires twelve contact hours or 60 class hours. For JSIA, all courses in the
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Examples of Credit Unit in a sentence

  • All drafts must be presented to us at our address at ▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, Attention Global Loan Operations, Standby Letter of Credit Unit or such other office in the United States as we shall notify you in writing, in one lot along with this original Letter of Credit and amendments hereto, if any.

  • The Credit Unit Equivalency Guidelines identify activities included in each Credit Unit category.

  • If this box is checked, the effective date for establishing the gross rent floor for any Tax Credit Unit in the Project is the date of this Carryover Allocation.

  • The assignment of Credit Units for research and creative activities shall be based on the Credit Unit Equivalency Guidelines.

  • Section 42(g)(2)(A) of the Code provides that a Tax Credit Unit is "rent-restricted" if the gross rent for such unit does not exceed 30% of the imputed income limitation applicable to the unit.

  • A Guaranteed Annual Income Credit Unit shall be deemed in all respects for all purposes the same as a Credit Unit credited pursuant to article 3, except that Guaranteed Annual Income Credit Units shall be credited only pursuant to the provisions of this article.

  • The number of weeks for which an eligible applicant shall receive Weekly Supplemental Benefit payments shall be determined by the number of his Credit Unit and the current Percentage Position of the Fund.

  • In the event that an appeal with respect to entitlement to a Regular Benefit is decided in favour of an Employee, the Regular Benefit shall be paid to him/her; provided, however, that if such Regular Benefit requires Credit Unit cancellation the Regular Benefit shall be paid only if he/she did not exhaust Credit Units after the Week of the Regular Benefit in dispute during the same period of layoff.

  • If the work is not excluded and the grant/contract budget does not specify the workload value for the activity, then the ▇▇▇▇▇▇▇/Vice President for Academic Affairs shall determine the value of such work in terms of Credit Units and Credit Unit category using the Credit Unit Equivalency Guidelines.

  • Credit Unit equivalency guidelines are as stated in Article 24 and shall remain in effect for the life of this Agreement.


More Definitions of Credit Unit

Credit Unit means a unit, or fraction of a unit, credited to an Employee under the Plan. (Credit Unit Cancellation Base) means an amount determined monthly pursuant to the provisions of Article by dividing the value of the assets of the Fund, at the beginning of the month by the sum of the number of Employeesin Active Service plus those on layoff with Credit Units.
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Credit Unit means a specific number of contact hours prescribed for a course. One credit unit requires 15 contact class hours. A two-credit unit course requires 30 contact class hours and a four-credit unit course requires 60 contact class hours.
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Credit Unit or "CEU" means ten hours of contact time for each 1.0 ceus awarded. This time may be in the form of classroom time or a seminar. Self-study programs will be evaluated based upon an equivalent classroom time.
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Credit Unit means a Credit Unit, or fraction thereof, credited to an employee under the Plan generally for work weeks for which he/she receives pay, and cancelled at specified rates for the payment of certain Regular Benefits.
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Credit Unit means a unit, or fraction thereof, credited to an employee under the Plan. ‘Work Week’ or “Pay Period” means a calendar week beginning on Sunday at the regular starting time of the shift to which the employee is assigned or was last assigned immediately prior to being laid off.
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Credit Unit is a representation of a unit of currency, of the same type as that used with payment to Riversand for the applicable Offering.
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Related to Credit Unit

  • Letter of Credit Undrawn Amounts means, at any time, the aggregate undrawn face amount of all Letters of Credit outstanding at such time.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) the Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Revolving Lender at any time shall be the product of (i) such Revolving Lender’s Revolving Facility Percentage and (ii) the aggregate Revolving Facility Credit Exposure of all Revolving Lenders, collectively, at such time.

  • credit meter means a meter where an account is issued subsequent to the consumption of electricity;

  • Letter of Credit Usage means, as of any date of determination, the aggregate undrawn amount of all outstanding Letters of Credit.

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $500,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.