Granting of Credit Sample Clauses

Granting of Credit. The decision to extend credit to any Applicant under the Program shall be Bank’s decision. Bank shall establish and administer the underwriting and credit decisions for the Program. Applicants deemed qualified by Bank and who desire to use the Program shall be granted an Account by Bank with a credit line in an amount to be determined by Bank in its discretion for each individual applicant. Subject to applicable law, Bank shall determine the terms and conditions of the Account in its sole discretion.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Granting of Credit. 1. In-service credit hours shall be cumulative only in pre-approved programs or activities of related topics, spread over several sessions. Unit members may accumulate in-service hours in order to receive payment for the in- service credit.
Sample 1
Granting of Credit. 2.1 All sales will be on a strictly cash basis with payment secured in advance, unless the Supplier in its sole discretion agrees in writing to extend the Customer credit terms.
Sample 1
Granting of Credit. 4.1 The college may grant credit for prior formal learning which is assessed by determining the extent to which the applicant’s prior studies and assessed standards are equivalent to the content and learning outcomes of one or more units in the higher education course. The educational judgement concerning equivalence is based on the discipline context, content, standards and assessment in the program or unit the applicant has undertaken.
Sample 1
Granting of Credit. 4.1 The granting of Credit to the Customer in terms hereof shall be entirely to the discretion of United Bulk.
Sample 1
Granting of Credit. The Company does not advance monies to its employees, nor does it grant loans.
Sample 1

Related to Granting of Credit

  • Transcripting of Credit For Dual Credit Courses, high school as well as college credit shall be transcripted immediately upon a student’s completion of the performance required in the course.

  • Transfer of Credit A maximum of 94 hours will be accepted by XXXXXX from MACC to be applied to the Bachelor of Science in Nursing. Twenty-six (26) of the last 30 semester hours of credit must be completed at MU (residency requirement) to be applied to the Bachelor of Science in Nursing. Transfer students from MACC, meeting the criteria listed below will be accepted into the RN/BSN Option at the MU, Xxxxxxxx School of Nursing. Criteria for Admittance to MU, Xxxxxxxx School of Nursing, RN/BSN Option  Undergraduate Admissions to Mizzou.  Official transcripts from all colleges and universities attended on file with the Admissions Office.  A transcript review on file.  Current licensure as an RN in the United States.  Successful completion of all general education and prerequisite coursework.  Minimum cumulative grade-point average of 2.8 (on a 4.0 scale) for all college/university courses.  Evidence of capacity to uphold the practice standards and ethical codes of the nursing profession.

  • Advance of Credits 33.3.1 When an employee has insufficient credits to cover the granting of sick leave with pay under the provisions of clause 33.2, sick leave with pay may, at the discretion of the Council, be granted

  • Transfer of Credits A. The receiving institution will accept 60 credits from the sending program. A total of 62 credits remain to complete the receiving program.

  • Letters of Credit (a) The Letter of Credit Commitment.

  • Funding of Borrowings (a) Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon, New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account of the Borrower maintained with the Administrative Agent in New York City and designated by the Borrower in the applicable Borrowing Request.

  • Letter of Credit Fees The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in accordance, subject to Section 2.16 with its Applicable Revolving Credit Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable Rate times the daily amount available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. Letter of Credit Fees shall be (i) due and payable on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Revolving Lenders, while any Event of Default exists, all past due Letter of Credit Fees shall accrue at the Default Rate.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!