Credits and Debits. These are calculated at the end of the accounting period when the number of hours worked varies from the required number of hours to be worked. No one can have a credit of more than fifteen (15) hours, or a debit of more than ten (10) hours, at the end of a given accounting period. Credit hours in excess of 15 hours will be forfeit. Debit hours in excess of ten (10) hours for two (2) consecutive accounting periods will be considered as absence without pay. If a debit in excess of ten (10) hours continues for a third consecutive accounting period, the person should be removed from the privilege of flexible hours. Credit hours being used may not be taken during core hours or when assigned by schedule except with the prior approval of one’s supervisor. Credit hours can be used during the following accounting period by working shorter daily hours outside of the core or scheduled periods, having informed one’s supervisor.
Credits and Debits. We use both automated and manual systems to process and post Transactions to your account. We also may refuse to accept a Transaction as prescribed by our procedures and regulatory requirements. If you have more than one Transaction on the same day (and do not have sufficient funds in your account), the order we use to post those Transactions may affect the number and extent of Overdrafts you have that day.
Credits and Debits. 40.4.1 Full time employees will receive their annual personal/carers leave credit on their date of commencement and on each subsequent anniversary. Part time employees will accrue a proportional credit according to their part time hours.
Credits and Debits. All Capital Contributions of a Partner, its allocable share of Partnership income and loss, and cash or property distributions made to such Partner shall be credited or charged to such Partner's individual capital accounts as the case may be. To the extent an allocation or adjustment is not specifically described by this provision of this Agreement, that item shall be reflected in the Partner's capital accounts in accordance with Section 1.704-(b)(2)(iv) of the Treasury Regula tions, as amended from time to time. The capital accounts shall not bear interest.
Credits and Debits. Termination If a full time regular employee has vacation credit at the time of terminating his employment with the Company, whether by quitting, discharge, layoff, or retirement, he shall receive vacation pay in lieu of vacation time off with his closing check. If he has vacation debit (received more vacation time off with pay than he earned) at the time of such termination, the amount of overpayment shall be subtracted from his closing paycheck and any remaining vacation debit shall be refunded to the Company by the employee.
Credits and Debits. In consideration of the Landlord’s agreement to extend the Commencement Date of this Lease for the Building B-1 Premises to May 1, 2001 as provided above, Tenant has agreed to pay to Landlord $15,870 to compensate Landlord for Landlord’s additional cost of carry. In consideration of the reduction in the scope of the Building B-I Base Building described at the end of Section 4.2 above, Landlord has agreed to give Tenant a credit of $59,690. Accordingly, the net credit to Tenant is $43,820. This credit will be provided to Tenant by Landlord paying on Tenant’s behalf, or causing to be paid on Tenant’s behalf, $43,820 to Tenant’s Initial Tenant Improvements general contractor to be applied against the cost of the Initial Tenant Improvements.
Credits and Debits. 5.1. The Client may move the account funds, on credit, through bank transfers, delivery of cheques and cash, the latter subject to the threshold allowed and published by the Bank. Debit entries made by the Client may be done through bank transfers or withdrawals (subject to a threshold), and, if requested by the Client, through a cheque to be issued, paid by the bank and debited in the Client’s account.
Credits and Debits a) The Bank may debit an Account even if this results in (or increases) a debit balance although it is not obliged to honour a cheque issued by the Customer without prior arrangement with the Bank which results in or increases the debit balance in the Account. The Customer shall, at all times, be responsible for the debit balance in an Account and for obligations arising out of or in connection with the Account.
Credits and Debits. In general, each Member's capital account shall be increased (credited) by (a) the amount of money and the fair market value of property contributed by such Member to the Company (net of any liabilities to which the contributed property is subject), and (b) all items of Profit, income and gain (including income and gain, if any, exempt from tax and items allocated pursuant to Section 4.2) allocated to such Member; and shall be decreased (debited) by (c) the amount of money and the fair market value of property distributed to such Member (net of any liabilities assumed by such Member and liabilities to which such distributed property is subject, and
Credits and Debits. A separate Capital Account shall be maintained for each Interest Holder in accordance with the following:
