Allocation of credits.
1. The student will be deemed to have passed the module and the relevant credits will be allocated if the student has obtained a passing mark for the interim examination. Credits will not be awarded for passing partial examinations.
2. Where a student is granted an exemption for a particular module, she will be deemed to have passed that particular module and the corresponding credits will be allocated.
3. The date of the interim examination or the last partial examination that resulted in successful completion of the module will be treated as the date on which the credits were obtained. For exemptions applies the date the exemption was granted.
Allocation of credits. All tax credits shall be allocated among the Members in accordance with their respective allocations of Profits and Losses in accordance with this Agreement or in accordance with applicable provisions of the Code or Treasury Regulations to the extent any such provision is inconsistent with such allocation.
Allocation of credits. All tax credits shall be allocated among the Members in accordance with their respective allocations of Profits and Losses in accordance with this Agreement or in accordance with applicable provisions of the Code or Treasury Regulations to the extent any such provision is inconsistent with such allocation. *** Certain confidential portions of this exhibit were omitted by means of redacting a portion of the text. Copies of the exhibit containing the redacted portions have been filed separately with the Securities and Exchange Commission subject to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act.
Allocation of credits. Any federal, state, local or foreign tax credits arising from the Partnership’s operations (“Tax Credits”) shall be allocated in the same manner as Profits or Losses are allocated for the fiscal year in which the Tax Credit arises.
Allocation of credits.
1. Students will be deemed to have passed the module and the relevant credits will be allocated if the students have obtained a passing mark for the test. Credits will not be awarded for passing partial tests.
2. Where students are granted an exemption for a particular module, they will be deemed to have passed that particular module and the corresponding credits will be allocated.
3. The date of the test or partial test that resulted in successful completion of the module will be treated as the date on which the credits were obtained. For exemptions applies the date the exemption was granted.
4. If students want to retake the last (partial) test of the examination programme, for example to obtain a higher mark, then students must submit a request to the Examination Board before the date of participating in the (partial) test. See article 6.2 paragraph 6.
Allocation of credits. Any tax credit generated by the JVC for a fiscal year shall be allocated between the Members in proportion to the respective Percentage Interests (or the Weighted Average thereof for the relevant period if Percentage Interests change in the relevant period) at the time such credit arises.
Allocation of credits. Any federal, state or local tax credits arising from the Partnership's operations shall be allocated among the Partners in accordance with Regulation Section 1.704-1(b)(4)(ii), as amended from time to time.
Allocation of credits a. To receive Credits under the terms and conditions of this Agreement, the Utility Tariff, and the VDER Regulations, the Buyer must be and remain a customer of the Utility for electric service at the Utility Service Location shown in the Key Terms Section.
b. For each Billing Period during the term of this Agreement, Seller shall allocate, sell, transfer, assign, convey, set over and deliver bill credits associated with site production equivalent to up to 100% of Buyer’s historical monthly usage, as determined by the Utility. Seller makes no representations concerning the amount of Credits which will be available during any billing period.
c. Seller shall have the right to make minor adjustments to the percentage of the Credits allocable to Buyer hereunder in future Billing Periods.
d. Seller shall cause to be filed a Community Distributed Generation (CDG) Allocation Request Form (“Allocation Report”) with the Utility indicating the proportion of generated electricity to be allocated to Buyer’s Qualifying Location(s).
e. In order to ensure accurate and timely allocation of Credits according to this agreement, Xxxxx authorizes Seller to obtain and review the following information from the Utility: consumption history; utility account number; billing determinants (including, but not limited to, current retail electric rate information, ongoing consumption information). This information may be used by Seller and/or its affiliates to determine whether it will commence and/or continue to allocate Credits to Buyer and will not be disclosed to a third party unless required by law. Xxxxx’s execution of this Agreement shall constitute authorization for Seller to act as Agent for the specific customer account with the Utility and for the release of this information to Seller. This authorization will remain in effect during the Initial Term and any Renewal Term. Buyer may rescind this authorization at any time by terminating the Agreement and providing written notice thereof. Authorization and the required billing information shall be provided by the Buyer in Exhibit 1.
f. Xxxxx shall irrevocably accept and assume the allocation and assignment of Credits set forth above.
Allocation of credits for specific businesses (subject to specific business contracts, and the total balance of the actual credits used for each business shall not exceed the maximum credit limit. Tick √ in ☐ means choose to apply, tick × means not apply, same below):
(1) The amount of loan in local and foreign currency shall be converted into 捌佰万圆整 (Chinese characters, RMB8 million), and the maximum loan term of each loan shall not exceed 12 months. The withdrawal period shall be last month from the date of the contract, the limit shall be ☑ the revolving limit ☒ the non-revolving limit;
(2) Total amount of foreign currency_/ (currency) loan line (in Chinese characters:_____/__, the maximum loan term of each loan shall not exceed_/_months; the maximum withdrawal period shall be_/_months from the date of the contract, the limit shall be ☒ the revolving limit ☒ the non-revolving limit;
(3) The acceptance limit of RMB bill of exchange shall be RMB (in Chinese characters)_/_, the maximum withdrawal period shall be_/_months from the date of the contract, the limit shall be ☒ the revolving limit ☒ the non-revolving limit, and the margin ratio shall not be less than_/_%;
(4) The limit of letter of guarantee shall be marked with_/ (currency)(in Chinese characters:_/_, the maximum validity period stipulated in each letter of guarantee shall not exceed_/_months; the maximum withdrawal period shall be_/_months from the date of the contract; the limit shall be ☒ the revolving limit ☒ the non-revolving limit, and the margin ratio shall not be less than_/_%;
(5) The limit of the import letter of credit to be opened is identified by _/_ (currency) in total (in Chinese characters) _/_, in case of usance letters of credit the agreed payment period under each letter of credit shall not exceed a maximum of _/_ months, the maximum withdrawal period shall be _/_ months from the date of the contract, the limit shall be ☒ the revolving limit ☒ the non-revolving limit, and the margin ratio shall not be less than_/_%;
(6) The opening amount of the domestic letter of credit is identified by _/_ (currency) in total (in Chinese characters) _/_, while the maximum payment period agreed under each letter of credit is not more than _/_ months for usance letters of credit, and the maximum withdrawal period is _/_ months from the date of the contract, the limit shall be ☒ the revolving limit ☒ the non-revolving limit, and the margin ratio shall not be less than_/_%;;
(7) The amount of the export charge is conv...
Allocation of credits. Except to the extent attributable to Member Nonrecourse Debt, tax credits of the Company will be allocated to the Members in accordance with Percentage Interests for the Fiscal Year in which the credits arise. Tax credits attributable to Member Nonrecourse Debt will be allocated to the Member who bears the Economic Risk of Loss for such Debt. Any recapture of any such tax credits will be allocated pro rata to those Members who were allocated the original credits based on their relative share of such original credits.
