Credit Adjustment. The credit described above may be applied to Customer’s invoice within 60 days of the defined amount owed.
Credit Adjustment. At the beginning of each fiscal year, the sick leave “bank" of the employee shall be increased by the number of days of paid sick leave which he/she would normally earn in the ensuing fiscal year. An employee's sick leave "bank" shall be adjusted if a change of assignment alters the amount of sick leave earnable. No sick leave shall be allowed while an employee is on layoff or leave of absence without pay. Employees who fail to return to service following illness must refund all amounts paid for unearned sick leave.
Credit Adjustment. ATI shall be entitled to adjust the Credit Conversion Formula set forth in Section 2 upon changes in worldwide metals pricing. If ATI adjusts the formula, Customer shall be entitled to terminate the agreement within 30 days of notice of adjustment. If Customer does not notify ATI in writing of termination, this Agreement shall continue as set forth in Section 1.
Credit Adjustment. Upon notice to Lessee, Blackline, acting reasonably, may adjust the credit limit on Lessee’s account. Services may be suspended upon notice to Lessee, to any or all of Lessee’s accounts, if Lessee’s balance, including unbilled usage and pending service charges fees, and adjustments, exceeds Lessee’s then-current credit limit. Recurring service charges continue to apply during any suspension of Services.
Credit Adjustment. The credits described in Clause 1, 2 and 3 of this Side Letter are subject to Adjustment in accordance with the formula established in Exhibit B to the Contract. The Adjustment will be applicable from the base month of January 1995 to the earlier of:
Credit Adjustment. Provided Lessee is not then in Default and Lessor has received Lessee's twelfth (12) payment for all items of Equipment under this Equipment Schedule VL-2, Lessor hereby agrees to provide Lessee with a one-time credit adjustment. The one-time credit adjustment shall be determined by calculating the dollar difference between the rental that Lessee was charged under Equipment Schedule VL-1 utilizing a Lease Rate Factor of 3.22% (effective interest rate of 10.5%), and what the rental would have been had the rental on Equipment Schedule VL-1 been calculated utilizing a Lease Rate Factor of 3.178% (effective interest rate of 9.5%) (the "Credit Adjustment"). This Credit Adjustment shall occur and be effective as of the date on which Lessor receives Lessee's twelfth (12) payment for all items of Equipment leased under this Equipment Schedule VL-2.
Credit Adjustment. The Purchase Price shall be reduced on the second Business Day of each calendar month (a “Credit Adjustment”) with respect to any Receivable previously assigned to Receivables Purchaser by Account Owner which has since been reduced by Account Owner or the Servicer because of a rebate, refund, unauthorised charge or billing error to a Cardholder or because such Receivable was created in respect of merchandise which was refused or returned by a Cardholder. The amount of such reduction shall equal the reduction in the balance of such Receivable resulting from the occurrence of such event. In the event that a reduction pursuant to this Clause 3.2 causes the Purchase Price to be a negative number in respect of which Account Owner holds such surplus sums, Account Owner agrees that, not later than 11:00 a.m., London time or as soon as possible thereafter upon receipt of funds, on such date, Account Owner shall pay to Receivables Purchaser cash in an amount equal to the amount by which the Credit Adjustment exceeds the unadjusted Purchase Price. For the avoidance of doubt, any and all risk in relation to “charge back” (i.e., cancelled purchases or other transactions in which the Cardholder demands or is entitled to any rebate or refund in connection with an unauthorised charge or billing error or because such Receivable was created in respect of merchandise which was refused or returned) and fraud shall lie with Receivables Purchaser.
Credit Adjustment. Upon notice to Xxxxxx, Xxxxxxxxx, acting reasonably, may adjust the credit limit on Xxxxxx’s account. Services may be suspended upon notice to Lessee, to any or all of Xxxxxx’s accounts, if Xxxxxx’s balance, including unbilled usage and pending service charges fees, and adjustments, exceeds Xxxxxx’s then-current credit limit. Recurring service charges continue to apply during any suspension of Services.
