Account Credits. LPL credits to your account funds belonging to you such as dividends, interest, redemptions, and proceeds of corporate reorganizations on the day such funds are received by LPL. These funds come to LPL from issuers and various intermediaries in which LPL is a participant, such as the Depository Trust Company. Information regarding when LPL credits your account with funds due to you, when those funds are available to you, and/or when you begin earning interest on those funds is available from LPL.
Account Credits. Where your account with us is in credit, we may at our sole discretion apply such credit balance to:
(a) your next bill;
(b) any other account that you hold with us for a different Supply Address;
(c) any amount for which we have undercharged in accordance with clause 11.1.
Account Credits. For assets held at LPL, LPL credits to the Plan’s account funds belonging to the Plan such as dividends, interest, redemptions, and proceeds of corporate reorganizations on the day such funds are received by LPL. These funds come to LPL from issuers and various intermediaries in which LPL is a participant, such as the Depository Trust Company (“DTC”). Information regarding when LPL credits the Plan’s account with funds due the Plan, when those funds are available to the Plan, and/or when the Plan begins earning interest on those funds is available from LPL.
Account Credits. No physical certificates representing the number of Units awarded shall be issued to the Grantee, but an account will be established and maintained for the Grantee, in which each grant of Units to the Grantee will be recorded, with the final number of Units as determined in accordance with Section 3 or Section 5 above. During such time, the Grantee shall not have any of the rights of a shareholder of the Company with respect to the Units, except that upon the vesting of the Units as described above in Section 5 or below in Section 8, the Grantee’s account shall be credited with the amount of Units equal to the amount of dividends that are declared and paid on shares of Common Stock during each fiscal quarter of the measurement cycle, in accordance with Section 3 or Section 5 above (“dividend equivalents”). The number of Units upon which dividend equivalents will be credited for the benefit of the Grantee is the total amount of Units finally determined to have been earned by the Grantee at the end of the measurement cycle in accordance with Section 3 or Section 5 above, as appropriate. The total amount of each quarterly dividend equivalent shall be converted to Units, by dividing such dividend equivalent amount by the price of the Common Stock on the last trading day of the month during each quarter that such dividends are paid during the appropriate measurement cycle.
Account Credits. No physical certificates representing the number of Units awarded shall be issued to the Grantee, but an account will be established and maintained for the Grantee, in which each grant of Units to the Grantee will be recorded, with the final number of Units as determined in accordance with Section 3 or Section 5 above. During such time, the Grantee shall not have any of the rights of a shareholder of the Company with respect to the Units, except that upon the vesting of the Units as described above in Section 5 or below in Section 8, the Grantee’s account shall be credited with the amount of Units equal to the amount of dividends that are declared and paid on shares of Common Stock since the time of the grant and through the quarter in which the measurement cycle ends in accordance with Section 3 or Section 5 above (“dividend equivalents”). The number of Units upon which dividend equivalents will be credited for the benefit of the Grantee is the total amount of Units finally determined to have been earned by the Grantee at the end of the measurement cycle in accordance with Section 3 or Section 5 above, as appropriate. The total amount of each quarterly dividend equivalent shall be converted to Units, by dividing such dividend equivalent amount by the price of the Common Stock on the last trading day of the month during each quarter that such dividends are paid during the appropriate measurement cycle.
Account Credits. Commissions earned by Agent under this agreement will be credited to Agent's Account. No earned commissions in the advance account will be paid to Agent unless all amounts owed to DSP by Agent are fully repaid, including all Advances, all costs of leads and advertising if any, all refunds and all other obligations of Agent to DSP.
Account Credits. In its sole discretion, Fifth Third Bank may elect to satisfy Settlement Awards through Account Credits, provided that any Settlement Class Members receiving Account Credits have an existing Account Balance as of the Effective Date. To the extent the existing Account Balance is less than the amount of the Settlement Award, Settlement Class Members will receive a cash award of the amount of any remaining Settlement Award to which they are entitled after their existing Account Balance is extinguished.
Account Credits. If elected, Account Credits will be issued directly by Fifth Third Bank to accounts of eligible Settlement Class Members within thirty (30) days following the Effective Date. Each Account Credit shall constitute some or all of the Settlement Award and shall be credited against the Fund.
Account Credits. No physical certificates representing the number of Units awarded shall be issued to the Grantee, but an account will be established and maintained for the Grantee, in which each grant of Units to the Grantee will be recorded, with the final number of Units as determined in accordance with Section 3 above. During such time, the Grantee shall not have any of the rights of a shareholder of the Company with respect to the Units, except that upon the vesting of the Units as described below in Section 8, the Grantee’s account shall be credited with the amount of Units equal to the amount of dividends that are declared and paid on shares of Common Stock since the time of the grant (“dividend equivalents”). The number of Units upon which dividend equivalents will be credited for the benefit of the Grantee is the total amount of Units finally determined to have been earned by the Grantee at the end of the measurement cycle in accordance with Section 3 above. The total amount of each quarterly dividend equivalent shall be converted to Units, by dividing such dividend equivalent amount by the price of the Common Stock on the last trading day of the month during each quarter that such dividends are paid during the three-year measurement cycle.
Account Credits a. NYCCEC, in its reasonable discretion, will estimate the Credits that you will receive in each month based on your energy use during the previous year, and will adjust the Credits that you will receive on a quarterly basis or at the times it deems appropriate so that your electricity xxxx each month is mostly covered by Credits.
b. Credits will be applied to each electricity xxxx in proportion to your share of the electricity produced by the Community Solar Array (as determined by NYCCEC according to Section 3.a. above), and your electricity xxxx will be reduced by the value of the Credits applied to your account. You acknowledge that Con Edison is solely responsible for calculating the value of the Credits to apply to your account in accordance with the rate structures established by the State of New York and the value of such Credits applied to your account, as evidenced on your electric xxxx, shall be conclusive, subject to any adjustments by Con Edison or NYCCEC. You agree to execute any documentation reasonably required in order to establish your Credits on your account, as requested by NYCCEC.
c. You agree that you will pay NYCCEC for the dollar value of the Credits that you received in a given billing period, minus the Discount, and that such payments will be made according to the terms of Section 4 below. You acknowledge and agree that NYCCEC may change the Discount in its sole discretion.
d. If your Credits exceed your electricity costs in any month, any excess Credits will be applied to the next month’s xxxx. Excess Credits not used in any month will roll over to the next month until such Credits are applied to your electricity xxxx.
e. You cannot claim or receive any tax, environmental or other credits, grants, subsidies, renewable energy credits, carbon offset credits, rebates or other benefits related to the Community Solar Array or its output, or any other benefits of owning the Community Solar Array, now or in the future, other than the Credits described herein. Further, you have no right to sell, give away, transfer, pledge, remove, relocate, alter or tamper with the Community Solar Array at any time. You will have no responsibility for the Community Solar Array or bear any risk of loss, damage, theft, destruction or similar occurrence of any part or all of the Community Solar Array during the Term. You will not have the option to buy any equipment of the Community Solar Array at any time during or at the end of the Term.
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