Applicable Credits Sample Clauses

Applicable Credits. Applicable credits refer to transactions that offset or reduce expense items allocable as direct or indirect costs to the Department’s grants. Examples of such transactions include: purchase discounts, rebates or allowances, recoveries or indemnities on losses, insurance refunds or rebates and adjustments of overpayments or erroneous charges. To the extent that such credits accruing to or received by the Grantee relate to allowable costs, they shall be credited to the grant either as a cost reduction or cash refund, as appropriate.
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Applicable Credits. The Contractor agrees that any refunds, rebates, credits, or other amounts (including any interest thereon) accruing to or received by the Contractor or any assignee under this contract shall be paid by the Contractor to Sandia to the extent that they are properly allocable to costs for which the Contractor has been reimbursed by Sandia under this contract. Reasonable expenses incurred by the Contractor for the purpose of securing such refunds, rebates, credits, or other amounts shall be allowable costs hereunder when approved by the SCR.
Applicable Credits. Professional Growth credits shall be directly related to the employee’s duties as defined by the job classification description or potential upward mobility within the District. Applicable credits may be earned by successful completion of the following Professional Growth activities:
Applicable Credits. The Subcontractor agrees that any refunds, rebates, credits, or other amounts (including any interest thereon) accruing to or received by the Subcontractor or any assignee under this Subcontract shall be paid by the Subcontractor to SDSTA, to the extent that they are properly allocable to costs for which the Subcontractor has been reimbursed by SDSTA under this Subcontract. Reasonable expenses incurred by the Subcontractor for the purpose of securing such refunds, rebates, credits, or other amounts shall be allowable costs hereunder when approved by SDSTA.
Applicable Credits a. Applicable credits refer to those receipts or reduction of ex- penditure-type transactions which offset or reduce expense items allocable to grants as direct or indirect costs. Examples of such transactions are: purchase discounts; rebates or allowances; recoveries or indemnities on losses; sale of publications, equipment, and scrap; income from personal or incidental services; and adjustments of overpayments or erroneous charges. b. Applicable credits may also arise when Bureau funds are received or are available from sources other than the grant program involved to finance operations or capital items of the grantee. This includes costs arising from the use of depreciation of items donated or financed by the Bureau to fulfill matching requirements under another grant program. These types of credits should like- wise be used to reduce related expenditures in determining the rates or amounts applica- ble to a given grant.
Applicable Credits. Only credits earned from a fully accredited college will apply toward advancement on the salary schedule. Credits for movement on the salary schedule beyond the BA training lane must be upper-division (300 numbered course and above). Courses shall be directly related to teaching assignment, endorsed teaching fields(s), or apply to an advanced degree in education. Exception: Teachers wishing to have lower-division courses considered for salary schedule advancement must secure advance approval. Courses must be directly related to the teacher’s assignment or contribute to the improvement of instruction. Such requests will be submitted in writing to the building principal, who will forward them to Human Resources for evaluation, along with his/her recommendation.
Applicable Credits. Professional Growth credits shall be directly related to the employee’s duties as defined by the job classification description or potential upward mobility within the District. Applicable credits may be earned by successful completion of the following Professional Growth activities: 2.1 Courses taken at an accredited college or university with units certified by official grade cards or transcripts, i.e., fifteen (15) clock hours shall constitute one (1) semester unit. 2.2 Adult education courses, conferences, seminars, or workshops, as designated and verified by hours of attendance, i.e., fifteen (15) clock hours shall constitute one (1) semester unit.
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Applicable Credits. 1. T h e t e r m a pplic a ble c r edi t s r efe r s t o t h ose r eceip t s o r n eg a t ive expe n di t ur e t y pes of t r a n s a c t io n s w h ic h op- e r a t e t o offse t o r r ed u ce expe n se i t e m s t h a t a r e a lloc a ble t o r ese a r c h a g r ee m e n t s a s di- r xx x x x x x di r ec t cos t s a s o u t li n ed i n p a r a- g r a p h V- A. T y pic a l ex a m ples of s u c h t r a n s- a c t io n s a r e: p ur c h a se disco un t s, r eb a t es, o r a llow a n ces; r ecove r ies x x x x de m n i t ies o n losses; s a les of sc r a p o r i n cide n t a l se r vices; t u i t io n; a dj u s t m e n t s of ove r p a y m e n t s o r e r - x x x eo u s c h a r ges; a n d se r vices r e n de r ed t o p a- t ie n t s a d m i tt ed t o xxxx x x ll y fun ded cli n ic a l r ese a r c h ce n t e r s, p r i m a r il y fo r c a r e t h o u g h a l so p a r t icip a t i n g i n r ese a r c h p r o t ocols. 2. I n so m e i n s t a n ces, t h e a m o un t s r eceived f r o m t h e F ede r a l Xxxx xx m e n t t o fi n a n ce h os- pi t a l a c t ivi t ies o r se r vice ope r a t io n s s h o u ld be t r e a t ed a s a pplic a ble c r edi t s. S pecific a ll y , t h e co n cep t of n e tt i n g s u c h c r edi t i t e m s a g a i n s t r el a t ed expe n di t ur es s h o u ld be a p- plied b y t h e h ospi t a l i n de t e r m i n i n g t h e r a t es o r a m o un t s t o be c h a r ged t o xxxx xx- m e n t r ese a r c h fo r se r vices r e n de r ed w h e n- eve r t h e fa cili t ies o r o t h e r r eso ur ces u sed i n p r ovidi n g s u c h se r vices h a ve bee n fi n a n ced di r ec t l y , i n w h ole o r i n p a r t , b y fede r a l fun ds. T hu s, w h e r e s u c h i t e m s a r e p r ovided fo r o r be n efi t a p a r t ic u l a r h ospi t a l a c t ivi t y , i . e., x x x ie n t c a r e, r ese a r c h , i n s t ru c t io n a n d t r a i n i n g, o r o t h e r , t h e y s h o u ld be t r e a t xx x x x x offse t t o t h e i n di r ec t cos t s a ppo r t io n ed t o t h a t a c t ivi t y . Wh e r e t h e be n efi t s a r e co m - m o n t o a ll h ospi t a l a c t ivi t ies t h e y s h o u ld be t r e a t ed a s a c r edi t t o t h e t o t a l i n di r ec t cos t pool befo r e a lloc a t io n t o t h e v a r io u s cos t ob- jec t ives.
Applicable Credits. Applicable credits are receipts or price reductions which reduce expenditures allocable to contracts as direct or indirect costs, as defined in 2 GAR Division 4 § 7101 (h). In the event the service provider receives discounts, rebates and or other applicable credits accruing to or received by the service provider or any subcontractor under the contract, to the extent those credits are allocable to the allowable portion of the cost billed to the GBHWC; allowable costs shall be paid to the subrecipient, net of all discounts, rebates and other such applicable credits. The service provider shall separately identify for each cost submitted for payment to the GBHWC the amount of cost that is allowable; shall identify all unallowable costs; or the service provider shall exclude all unallowable costs from its billing documents and certify that only allowable costs are submitted for payment and records have been established that maintain the visibility of unallowable costs, including directly associated costs in a manner suitable for contract cost determination and verification. The service provider shall identify the amount of each discount, rebate and other applicable credit on bills and invoices presented to the GBHWC for payment and individually identify the amount as a discount, rebate or in case of other applicable credits, the nature of the credit. The GBHWC may permit the service provider to report this information on a less frequent basis than monthly, but no less frequently than annually. The service provider shall identify the method by which it shall report discounts, rebates and other applicable credits allocable to the contract that are not reported prior to conclusion of the contract.
Applicable Credits. If any of the Service Levels specified in this Exhibit are not met by Contractor during any Month, Contractor will issue the State a Credit of $5,000 for each instance in which an applicable Service Level is not met.
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