Common use of Job Credits Clause in Contracts

Job Credits. As long as the Applicant is not in default of the Note, this Agreement, or any other document entered into pursuant to this Agreement, the Applicant shall be eligible for credit against the balance due under the Note for Job Credits earned during a Year. A “Year” shall mean the 12-month period ending on each June 30, with the first Year beginning July 1, 2020. Provided, however, job credits earned for the partial Year of April 1, 2020 to June 30, 2020 may be applied to this balance of the Note as well. “Annual Job Credits” shall be calculated as follows:

Job Credits. As long as the Applicant is not in default of the Note, this Agreement, or any other document entered into pursuant to this Agreement, the Applicant shall be eligible for credit against the balance due under the Note for Job Credits earned during a YearYear for the first 5 Years. A “Year” shall mean the 12-month period ending on each June 30December 31, with the first Year beginning July January 1, 2020. Provided, however, job credits earned for the partial Year of April 1, 2020 to June 30, 2020 may be applied to this balance of the Note as well2019. “Annual Job Credits” shall be calculated as follows:

Job Credits. As long as the Applicant is not in default of the Note, this Agreement, or any other document entered into pursuant to this Agreement, the Applicant shall be eligible for credit against the balance due under the Note for Job Credits earned during a Year. A “Year” shall mean the 12-month period ending on each June 30December 31, with the first Year beginning July 1, 2020. Provided, however, job credits earned for the partial Year of April 1, 2020 to June 30, 2020 may be applied to this balance of the Note as wellJanuary 1 2021. “Annual Job Credits” shall be calculated as follows:

Job Credits. As long as the Applicant is not in default of the Note, this Agreement, or any other document entered into pursuant to this Agreement, the Applicant shall be eligible for receive a credit against the balance due under the Note for Job Credits earned during a Year. A “Year” shall mean the 12-month period ending on each June 30December 31, with the first Year beginning July January 1, 2020. Provided, however, job credits earned for the partial Year of April 1, 2020 to June 30, 2020 may be applied to this balance of the Note as well2018. “Annual Job Credits” shall be calculated as follows:

Job Credits. As long as the Applicant is not in default of the Note, this Agreement, or any other document entered into pursuant to this Agreement, the Applicant shall be eligible for credit against the balance due under the Note for Job Credits earned during a Year. A “Year” shall mean the 12-month period ending on each June 30, with the first Year beginning July January 1, 2020. Provided, however, job credits earned for the partial Year of April 1, 2020 to June 30, 2020 may be applied to this balance of the Note as well2019. “Annual Job Credits” shall be calculated as follows:

Job Credits. As long as the Applicant is not in default of the Note, this Agreement, or any other document entered into pursuant to this Agreement, the Applicant shall be eligible for credit against the balance due under the Note for Job Credits earned during a Year. A “Year” shall mean the 12-month period ending on each June 30, with the first Year beginning July 1, 2020. Provided, however, job credits earned for the partial Year of April 1, 2020 to June 30, 2020 may be applied to this balance of the Note as well2019. “Annual Job Credits” shall be calculated as follows: