Service Credit definition

Service Credit means a credit calculated as described in Section 2 and Section 5(a) of this Service Level Agreement.
Service Credit means the periods of time for which the required contributions have been made to
Service Credit is the percentage of the monthly service fees for the affected Service or Service Resource that is credited to Customer for a validated Claim.

Examples of Service Credit in a sentence

  • At retirement, Frozen Sick Leave balance (sick leave accrued prior to December 14, 2007) will be paid as elected by the employee per the following formulas: 70% PERS Service Credit with 30% Cash Out 80 % PERS Service Credit with 20% Cash Out 90 % PERS Service Credit with 10% Cash Out 100 % PERS Service Credit with 0% Cash Out Upon separation, employees shall be paid for 40% of Frozen Sick Leave.

  • In the event that in any calendar month, the Electricity Availability for Colocation Services, is lower than the Electricity Availability Target, Customer shall be eligible to receive a Service Credit (the “ Electricity Availability Credit”) (except in case of Excluded Events).

  • A Service Credit will be applicable and issued only if the credit amount of the applicable Monthly Billing Cycle is greater than EUR 1 (one euro).

  • The Service Credit of the Customer can be equal to, but may not exceed, 100 % (one hundred percent) of the Customer's Monthly Recurring Fees for the Instance affected.

  • Step 3 After you receive your estimated earnings from the Military Finance Center, complete SF 3108, Application to Make Service Credit Payment (FERS), available at: https://www.opm.gov/forms/pdf_fill/sf3108.pdf.


More Definitions of Service Credit

Service Credit means the percentage of the total fees actually paid by Customer for the specific SaaS Services that are applied to the month (i.e., 1/12 of the annual fees owed by Customer to AvePoint for the specific SaaS Services) in which a Service Credit is owed. If Customer purchased SaaS Services as part of a suite or other single offer, the applicable monthly fees and Service Credit for each SaaS Service will be pro-rated.
Service Credit means any remedy for failure by BT to meet a Service Level as set out in the Schedule or Order.
Service Credit means an amount equal to the pro-rata monthly recurring connectivity charges (i.e., all monthly recurring bandwidth-related charges) for one (1) day of TCP Services.
Service Credit means an amount equal to the pro-rata monthly recurring connectivity charges (i.e., all monthly recurring bandwidth-related charges) for one (1) day of Service.
Service Credit is a currency credit, calculated as set forth below, that we may credit back to an eligible account.
Service Credit means the amount of money that will be credited to Customer’s next invoice after submission of a Credit Request and validation by Symantec that a credit is due to Customer.
Service Credit means the period taken into account under any Plan for purposes of determining length of service or plan participation to satisfy eligibility, vesting, benefit accrual and similar requirements under such Plan.