Earned credit definition

Earned credit means the amount of the bid incentive allocated to a contractor upon completion of a contract in which the contractor met or exceeded his or her goals for the utilization of BEPDs in the performance of the contract.

Earned credit means the amount of health care assistance under SHARP based on Retirement Plan Service described in this document.

Earned credit means the amount of the bid incentive allocated to a contractor upon completion of a construction project in which the contractor met or exceeded his or her goals for the utilization of apprentices in performance of the total labor hours performed under the contract.

Examples of Earned credit in a sentence

• Earned credit certificate” means a certificate issued by the Chief Procurement Officer evidencing the amount of earned credit a contractor has been awarded.

• Earned credit may be transferable to other colleges and universities.

• Earned credit hours must be used before compensatory time or annual leave.

• Earned credit hours must be used by the employee with the approval of the supervisor.

• College Level Examination Program (CLEP) Earned credit hours will be posted as CLEP credit with a “P” grade.

• Earned credit for horizontal movement completed prior to the opening of the Fall semester will be credited on the Fall semester contract.

• Earned credit certificate” means a certificate issued by the Chief Procurement Officer evidencing the amount of earned credit a contractor has been awarded.CommitmentsThe Chief Procurement Officer shall award a bid incentive to Contractor for utilization of a BEPD as a prime contractor or subcontractor in accordance with the provisions of this section.

• Earned credit (if accepted by the student) is recorded automatically on the student’s transcript.

• Earned credit certificate” means a certificate issued by the Chief Procurement Officer evidencing theamount of earned credit a contractor has been awarded.

• Earned credit time/release date calculations shall be in accordance with the administrative procedures for Policy 01-04- 101, “Adult Offender Classification,” and done by a Certified Credit Time Calculator.

More Definitions of Earned credit

Earned credit. The Parties hereto acknowledge that the Prior Share Purchase Agreements contemplated that in the event that for any reason the acquisition of ABS contemplated by the Share Purchase Agreements was not consummated, the Seller would be obligated to refund to Elegance the full amount of the Deposit. In furtherance of the foregoing, the Parties hereto do hereby agree as follows: Amit Rxx Xxxx (the “Seller”) hereby commits to return the $1,462,500 balance of the Deposit to Elegance in the manner provided in this Section 5.3 (the “Deposit Repayment”). Elegance hereby agrees to treat the amount of the $1,462,500 Deposit as a potential of up-to $1,462,500 advance and repayment commitment by the Seller through ABS by discounts on anticipated Purchase Orders it may provide to ABS in connection with Elegance’s purchases of Covered Products in 2021. As Purchase Orders are issued to ABS by Elegance under this Agreement, the Purchase Orders must be accepted by ABS and any Deposit Repayment amount must be approved by the Seller. Subject to such acceptance by ABS and approval by the Seller, at the time ABS issues an invoice to Elegance, twenty-five percent (25%) of the applicable Prices for the Covered Products as set forth in each Elegance Purchase Order and ABS invoice shall be deemed to be a credit granted to Elegance in respect of such purchases of Covered Products (the “Earned Credit”) and such Earned Credit shall reduce by a corresponding dollar amount the Deposit Amount. By their execution of this Agreement, ABS and the Seller each agree to treat the Deposit paid to the ABS Shareholder under the Prior Share Purchase Agreement as a prepayment and Earned Credit against Elegance’s purchases of Covered Products in 2021. For example, if Elegance purchases from ABS $800,000 of Covered Products, the $1,462,500 balance of the Deposit shall be deemed to have been reduced by $200,000, which shall be the repayment amount applicable to such invoice. Notwithstanding anything to the contrary express or implied, contained in the Share Purchase Agreement and in this Section 5.3 above, in the event that the remaining Deposit balance of $1,462,500 is not repaid via Covered Products discounts as set out in this Section 5.3 by the close of business (Pacific time) on December 31, 2021, the Seller shall immediately pay to Elegance in cash by wire transfer of immediately available funds, the difference between (a) $1,462,500 less any further amounts returned to Elegance by the Seller, and...

Earned credit means the numbers of credits students earned from taking courses with a grade of A, B+, B, C+, C, D+, D, or S.

Earned credit means a compliance unit described in section 12 [earned credits];