External Credit definition

External Credit means any reduction of the Outstanding Balance of any Qualified LEC Receivable granted by a LEC in connection with a customer dispute or billing error or discrepancy relating to such Qualified LEC Receivable, whether such reduction shall be effected by the granting of credit against such Receivable or by the issuance of a check or other payment in respect of (and as payment for) such reduction.

Examples of External Credit in a sentence

  • The applicant must include the acceptance letter, courses required to complete the degree and the External Credit Request through Learning Pro describing how the coursework meets school, professional, building and/or TSD goals.

  • This Agreement is made explicitly subject to the terms of DeVry’s admissions requirements, academic policies, program requirements, and course descriptions, including but not limited to the DeVry academic catalogs, the Undergraduate Academic Policy Regarding Transfer of External Credit and the applicable DeVry graduate policy on transfer of external credit (all of the foregoing collectively referred to herein as the “DeVry Policies”).