Net credit definition
Examples of Net credit in a sentence
Net credit shall mean continuous employment with the County beginning with the date and hour on which the employee began work after last being hired, less a deduction for any time on an unpaid leave of absence or for unauthorized absences.
Net credit shall mean continuous employment with the County beginning with the date and hour on which the employee began work after last being hired.
Vendor’s credit memo will contain, but is not limited to the following information: original order number and invoice number; itemized listing of the Contract Items affected; any new invoices associated with the credit; and Net credit amount available to the Member.
In settlement of all disputes with respect to sums payable by Heublein to MFC for the 1986 crop, the parties agree that Heublein is entitled to a credit computed as follows: Sums alleged by MFC to be due for the 1986 crop $ 10,640.57 Less adjustment on Early Burgundy to $250 per ton (20,427.50) Add marketing order assessment at .008 cents for Early Burgundy 163.42 ----------- Net credit to Heublein for 1986 crop $ 9,263.51 ----------- ----------- The balance of $270,549.90, as provided in paragraph 1.
Net credit losses (write-downs of receivables less subsequent recoveries) incurred on the Company's finance receivables decreased to $123,000 in 1998 from $230,000 in 1997.
Net credit losses, expressed as a percentage of average finance receivables outstanding, was 0.02% in 1998, 0.05% in 1997, 0.03% in 1996, 0.08% in 1995, 0.13% in 1994 and 0.31% in 1993.