Unused Credit Sample Clauses

Unused Credit. 6.2(a) All earned time off must be taken before the expiration of twelve (12) months after the date the earned time off day is earned. However, days earned up to the maximum accrual during an anniversary year may be carried over into the succeeding anniversary year. At no time shall an engineer carry a balance of more than two (2) times their annual accrual.
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Unused Credit. If any employee does not use all or part of their ETO, the unused balance of ETO will continue to accrue from year to year. At the employee’s discretion, employees may choose to receive pay in exchange for unused ETO. The employee must request to be paid for any unused ETO ten or more working days before the date upon which they wish to exchange their ETO. Payments will be made on the first full pay period following the selected exchange date. On any anniversary of an employee’s seniority date, an employee shall not be permitted to carry forward more than the maximum number of ETO hours listed below: Seniority Maximum ETO hours < 5 years 244 5 – 10 years 286 10 – 15 years 352 15 – 20 years 380 20 – 25 416 > 25 456 If an employee has more than the maximum allowed ETO hours on the anniversary of their seniority date, the employee will be paid for the excess accrued and unused ETO. All payments in lieu of ETO shall be made at the employee’s Base Rate in effect at the time the ETO is exchanged, including shift premium where applicable.
Unused Credit. If you have prepaid therapy and have remaining credit at the end of an intensive, any unused money may be transferred onto future sessions or simply held on your child’s account with no further charge (unless a cancellation fee applies as per above). • Refunds - A refund may be requested for any unused credit at any time following the completion of an intensive. A refund fee of 3% (of the amount to be refunded) will charged to cover admin and processing fees. For example, if you have $1000 in remaining credit that you would like refunded, a refund fee of $30 will apply. Refunds may take up to 30 days to be approved and applied. Please note that NAPA is only able to return funds to the source from where it was paid. • Being a registered NDIS Provider, NAPA is routinely audited by the NDIS. If you have had money returned to you by XXXX, that you had originally claimed or obtained from your child’s NDIS plan then we strongly suggest that you return these amounts to the NDIS to avoid action on their behalf.
Unused Credit. The Borrower shall pay to the Bank an ------------- unused credit fee on the average daily amount by which the Credit Limit exceeds the sum of outstanding Loans and Letter of Credit Obligations, computed on a quarterly basis in arrears on the last Business Day of each calendar quarter, based upon the daily utilization for such quarter, equal to .125% per annum. Such fee shall accrued from the date of the Second Amendment to this Agreement and shall be due and payable quarterly in arrears on the last Business Day of each calendar quarter, commencing on September 30, 1997 with the final payment to be made on the Maturity Date.
Unused Credit. On April 8, 1997, the Commitments shall reduce by an amount equal to the lesser of (i) $300,000,000 or (ii) the sum of:

Related to Unused Credit

  • Unused Line Fee Borrower shall pay to Lender monthly an unused line fee at a rate equal to one-half (1/2%) percent per annum calculated upon the amount by which the Revolving Loan Limit exceeds the average daily principal balance of the outstanding Revolving Loans and Letter of Credit Accommodations during the immediately preceding month (or part thereof) while this Agreement is in effect and for so long thereafter as any of the Obligations are outstanding, which fee shall be payable on the first day of each month in arrears.

  • Unused Commitment Fee Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and June.

  • Unused Commitment Fees No Defaulting Lender shall be entitled to receive any Unused Commitment Fee for any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender).

  • Unused Fees For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Lenders in an amount equal to the Unused Fee for such day. The Unused Fee shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of the Revolving Maturity Date.

  • Unused Fee The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, an unused fee equal to the Unused Rate times the actual daily amount by which the Aggregate Commitments exceed the sum of (i) the Outstanding Amount of Loans and (ii) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.17. For the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Aggregate Commitments for purposes of determining the unused fee. The unused fee shall accrue at all times during the Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period. The unused fee shall be calculated quarterly in arrears, and if there is any change in the Unused Rate during any quarter, the actual daily amount shall be computed and multiplied by the Unused Rate separately for each period during such quarter that such Unused Rate was in effect.

  • Unused Facility Fee A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of Advances during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and

  • Letter of Credit Fee Borrowers shall pay Agent (for the ratable benefit of the Revolving Lenders), a Letter of Credit fee (the “Letter of Credit Fee”) (which fee shall be in addition to the fronting fees and commissions, other fees, charges and expenses set forth in Section 2.11(k)) that shall accrue at a per annum rate equal to the LIBOR Rate Margin times the undrawn amount of all outstanding Letters of Credit.

  • Letter of Credit Fees, Etc (i) The Borrower shall pay to the Administrative Agent for the account of each Lender a commission, payable in arrears, (a) quarterly on the last day of each December, March, June and September, commencing September 30, 2007, and (b) on the earliest to occur of the full drawing, expiration, termination or cancellation of any Letter of Credit, and (c) on the Termination Date, on such Lender’s Pro Rata Share of the average daily aggregate Available Amount during such quarter of all Letters of Credit outstanding from time to time at the rate per annum equal to the Applicable Margin for Eurocurrency Rate Advances in effect from time to time.

  • Interest on Revolving Credit Advances Each Borrower shall pay interest on the unpaid principal amount of each Revolving Credit Advance made to such Borrower owing to each Lender from the date of such Revolving Credit Advance until such principal amount shall be paid in full, at the following rates per annum:

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