Hourly Credit Sample Clauses

The Hourly Credit clause establishes a mechanism for compensating a client when a service provider fails to meet agreed-upon service levels, typically by awarding credits based on the number of hours of service affected. In practice, if a system outage or performance issue occurs, the client receives a credit calculated according to the duration of the disruption, which can be applied to future invoices or services. This clause ensures accountability for service providers and provides clients with a tangible remedy for service interruptions, thereby incentivizing timely resolution and maintaining service quality.
Hourly Credit. Programmer shall receive from Licensee, as a refund consisting of a flat rate credit of $385.00 per hour ("Hourly Credit"), for any part of the weekly one hundred sixty-four (164) hours of programming time that Licensee uses to broadcast its own programming including periods during which Licensee is unable, for any reason (except, as provided in Section 1.9(a) and except for Programmer's failure to deliver its programming to Licensee), to broadcast the Programming. Such refunds to Programmer shall be paid within ten (10) days of the end of each month.
View SourceView Similar (4)
Hourly Credit. Eligible employees will accrue paid time off based on the employee’s anniversary date for all hours paid (including overtime hours and on-call hours) in accordance with the following schedule: Start to First (1st) Anniversary .038462 (80/2080) 192 hours First (1st) Anniversary to Second (2nd) Anniversary Date .057692 (120/2080) 232 hours Second (2nd) Anniversary to Tenth (10th) Anniversary .076929 (160/2080) 272 hours Tenth (10th) Anniversary to Nineteenth (19th) Anniversary .096154 (200/2080) 312 hours After 19th Anniversary .115385 (240/2080) 352 hours
View SourceView Similar (2)
Hourly Credit. With regard to the reductions of teachers by representation of workers, the agreement on trade union rights and non-dical activity at the University of ▇▇▇▇▇▇▇▇ will be in accordance with the provisions of the agreement on trade union rights andnon-dical activity at the University of ▇▇▇▇▇▇▇▇. For the research staff, the credit without dical establishedby the labor regulations for the exercise of their representative functions will be applied.
View Source
Hourly Credit. ARS shall receive from Jupiter, as a refund consisting of a flat rate credit of [$21.39] per hour ("Hourly Credit"), for any part of the weekly one hundred sixty-four (164) hours of programming time that Jupiter uses to broadcast its own programming including periods during which the Station is unable, for any reason (except for ARS's failure to deliver its programming to the Station), to broadcast ARS's programming. Such refunds to ARS shall be paid within ten (10) days of the end of each month.
View Source

Related to Hourly Credit

  • Vacation Credit Any outstanding vacation entitlement for a person going on LTD will be paid in cash upon expiry of sick leave. The cash payment will be calculated on the base earnings at the expiration of sick leave for the prorated days of vacation entitlement, any outstanding lieu days, any outstanding floating statutory holidays, and banked time for 40-hour per week employees. No vacation entitlement, floating holidays, or banked time for 40-hour per week employees accrues while a member is in receipt of LTD benefits.

  • Service Credit To the extent that any Transferred Employee’s acquired rights are not already protected by the Transfer Regulations or other applicable Law, Purchaser shall, and shall cause its Affiliates to, recognize the prior service of, or recognized with respect to, each Transferred Employee as if such service had been performed with Purchaser for all purposes, including eligibility, vesting, service-related level of benefits and benefit accrual (except for any benefit accruals for U.S. union and non-union hourly Transferred Employees under the defined benefit Rexam Pension Plan, provided that such service for benefit accruals purposes under the Rexam Pension Plan shall be recognized for purposes of early retirement subsidies in accordance with Schedule 5.1(h)) under the employee benefit plans and policies provided by Purchaser to such Transferred Employee following the Closing, to the same extent such service was recognized by Seller, Rexam or any of their respective Affiliates, as applicable, immediately prior to the Closing. Purchaser shall, or shall cause its Affiliates (including the Purchased Entities) to, (i) waive any preexisting condition limitations otherwise applicable to Transferred Employees and their eligible dependents under any plan of Purchaser or any Affiliate of Purchaser that provides health or life benefits in which the Transferred Employees may be eligible to participate following the Closing, other than any limitations that were in effect with respect to a Transferred Employee as of the Closing under the analogous Employee Benefit Plan, (ii) honor any deductible, co-payment and out-of-pocket maximums incurred by the Transferred Employees and their eligible dependents under the health plans in which they participated immediately prior to the Closing during the portion of the calendar year prior to the Closing in satisfying any deductibles, co-payments or out-of-pocket maximums under health plans of Purchaser or any of its Affiliates in which they are eligible to participate after the Closing in the same plan year in which such deductibles, co-payments or out-of-pocket maximums were incurred and (iii) waive any waiting period limitation or evidence of insurability requirement that would otherwise be applicable to a Transferred Employee and his or her eligible dependents on or after the Closing, in each case to the extent such Transferred Employee or eligible dependent had satisfied any similar limitation or requirement under an analogous Employee Benefit Plan prior to the Closing.

  • Vacation Credits All employees shall participate in the County’s Terminal Pay Plan (Plan). However, only the terminal paychecks (including unused vacation) of those employees who have reached the age of fifty-five (55) shall be placed into the Plan. These terminal paychecks shall be placed into the Plan on a pre-tax basis in accordance with the Plan, all applicable laws and all rules and regulations applicable to the Plan.

  • Retirement Credit Retirement credit for such periods of leave without pay shall be governed by the rules and regulations of the Division of Retirement and the provisions of Chapter 121, Florida Statutes.

  • Service Credits Employees on pregnancy leave shall be entitled to normal accumulation of service credits for the duration of the pregnancy leave.