Issuance of Service Credits Sample Clauses

Issuance of Service Credits. Service Provider shall, for each invoice period under the Agreement, issue to Customer, together with Service Provider’s invoice for such period, a written acknowledgment setting forth all Service Credits to which Customer has become entitled during that invoice period. Service Provider shall pay the amount of the Service Credit as a debt to Customer within thirty (30) days of issue of the Service Credit acknowledgment.
AutoNDA by SimpleDocs
Issuance of Service Credits. Any Service Credit due to You under this Schedule will be issued to You as a credit on Your invoice for the calendar month following the calendar month in which the delay in responding to reported Error occurred. IPsoft has no obligation to issue any Service Credit unless (i) You report to IPsoft that IPsoft failed to respond in the required time to any Support Request and (ii) requests such Service Credit in writing within ten (10) days of the Support Request. In no event will the Service Credit for any calendar month exceed ten percent (10%) of the total Support Fees that would be payable for that calendar month if no delay in responding had occurred. IPsoft shall not, under any circumstances, be obligated to pay any money or make any refund to You of any accrued Service Credits. You shall not exercise the rights in this Section without a reasonable basis or belief that the applicable Support Request response commitment was not satisfied. If You believe that IPsoft has failed to achieve the Error response commitment in any given month, IPsoft will, promptly following Your request, provide a report that contains true and correct information detailing IPsoft’s actual Error response performance.
Issuance of Service Credits. Provider shall, for each invoice period under the Agreement, issue to Customer, together with Provider’s invoice for such period, a written acknowledgment setting forth all Service Credits to which Customer has become entitled during that invoice period. Provider shall pay the amount of the Service Credit as a debt to Customer within twenty (20) Business Days of issue of the Service Credit acknowledgment, provided that, at Customer’s option, Customer may, at any time prior to Provider’s payment of such debt, deduct the Service Credit from the amount payable by Customer to Provider pursuant to such invoice.

Related to Issuance of Service Credits

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

  • 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.

  • Statement of Service The employer shall, in the event of resignation or termination of employment, provide upon request to an employee whose employment has been terminated a written statement specifying the period of employment and the classification or type of work performed by the employee.

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