Additional Credits definition

Additional Credits means amounts credited to a Participant’s Account pursuant to Section 4.3, and any earnings thereon.
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Additional Credits means amounts credited to the Account of a Member pursuant to Section 3.5.
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Examples of Additional Credits in a sentence

  • Deferred RSUs and Additional Credits shall always receive the Stock Equivalent rate of return.

  • Each Participant shall be one hundred percent vested in the value of his Additional Credits Account when he becomes one hundred percent vested in the AECOM RSP and shall be zero percent vested until such time.

  • Instead, all deferral amounts, Additional Credits and any dividends declared on shares of Common Stock that are represented by units in the Stock Equivalent Portion of a Participant’s Account shall be credited to the Fixed-Income Equivalent Portion of the Participant’s Account starting on the day after the date the Stock Equivalent rate of return is eliminated.

  • Under the Program, amounts deferred by a Participant, along with hypothetical income or losses on such amounts (including Additional Credits, if any, with respect to deferrals under the 401(k) Excess Savings Plan), shall be credited or debited to the account.

  • Instead, all deferral amounts, Additional Credits and any dividends declared on shares of Common Stock that are represented by units in the Stock Equivalent Portion of a Participant's Account shall be credited to the Fixed-Income Equivalent Portion of the Participant's Account starting on the day after the date the Stock Equivalent rate of return is eliminated.

  • Notwithstanding a Participant’s eligibility for a distribution from or of his/her Account, the portion of a Participant’s Account attributable to Additional Credits shall be subject to forfeiture at the Committee’s discretion if, upon consideration of the facts and circumstances and any advice or recommendation of the Employer, the Committee finds that Cause exists.

  • Notwithstanding a Participant's eligibility for a distribution from or of his/her Account, the portion of a Participant's Account attributable to Additional Credits shall be subject to forfeiture at the Committee's discretion if, upon consideration of the facts and circumstances and any advice or recommendation of the Employer, the Committee finds that Cause exists.

  • Matching Contribution Credits” means Additional Credits in a Member’s Account based on contributions that would be made to the Savings Plan absent application of the limit under Section 401(a)(17) of the Code.

  • The Committee, and upon application of a Participant, may direct distribution, prior to the Commencement Date either during employment or after employment terminates, of such portion of the Participant’s vested Account attributable to deferred Compensation (but not amounts attributable to Additional Credits or, during the applicable Restricted Period, amounts attributable to RSUs) as the Participant may request.

  • Additional Credits shall mean amounts credited to a Participant's Account pursuant to Section 4.3, and any earnings thereon.

Related to Additional Credits

  • Additional Credit Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 5.10.

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any New Term Loans which shall be consistent with the applicable provisions of this Agreement relating to New Term Loans otherwise satisfactory to the Agent and the Borrower.

  • Additional contributions means contributions made by a member of a defined benefit plan to

  • Additional Contribution Each Member's pro-rata portion of a Required Amount, determined by multiplying the Required Amount by each Member's Interest.

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Service Level Credit is defined in Section 8.

  • Credits means the Federal and State Housing Tax Credit program.

  • Federal Credit means the Georgia Housing Tax Credit established by the federal government for the purpose of encouraging the development of affordable housing and governed by the Code.

  • Emission Reduction Credits or “ERC(s)” means emission reductions that have been authorized by a local air pollution control district pursuant to California Division 26 Air Resources; Health and Safety Code Sections 40709 and 40709.5, whereby such district has established a system by which all reductions in the emission of air contaminants that are to be used to offset certain future increases in the emission of air contaminants shall be banked prior to use to offset future increases in emissions.

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Service Credits means the service credits payable to the Purchaser by the Service Provider in the event that the Service Levels are not met and identified as service credits in the Pricing Schedule.

  • Employer Credits means the amounts credited to the Participant’s Deferred Compensation Account by the Employer pursuant to the provisions of Section 4.2.

  • Partial Credit Payment means any payment, distribution or benefit that is not a Full Credit Payment. In no event shall Executive have any discretion with respect to the ordering of payment reductions.

  • Additional Capital Contributions shall have the meaning set forth in Section 5.3.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • National Credit Act means the National Credit Act, 2005 (Act No. 34 of 2005);

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Additional Capital Contribution has the meaning set forth in Section 3.02.

  • Additional Revolving Credit Commitments means any revolving credit commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(ii).

  • Maximum Revolving Credit Amount means $85,000,000.00.

  • Total Revolving Extensions of Credit at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

  • Full Credit Payment means a payment, distribution or benefit, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise, that if reduced in value by one dollar reduces the amount of the parachute payment (as defined in Section 280G of the Code) by one dollar, determined as if such payment, distribution or benefit had been paid or distributed on the date of the event triggering the excise tax. “Partial Credit Payment” means any payment, distribution or benefit that is not a Full Credit Payment.

  • Revolving Extensions of Credit as to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations then outstanding and (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.