One-Time Credit Sample Clauses

One-Time Credit. Provided that Customer executes and delivers the Agreement to the Company no later than an agreed upon date, Customer shall receive a credit equal to $35,000, which will be applied against Customer's Interstate Total Service Charges.
Sample 1Sample 2
AutoNDA by SimpleDocs
One-Time Credit. Pursuant to the NCR Waiver and Credit section of the Agreement, Customer will receive a credit of $455 for Service Establishment NCRs and DID NRCs that invoiced for VoIP services from July 1, 2014 through September 30, 2014. Credits will be applied within two billing periods following the 58th Amendment Effective Date.
Sample 1
One-Time Credit. In FY 2011, to moderate cost per Enplaned Passenger during the initial fiscal period of this Agreement, the City has given Airline, together with other airlines, a one-time rents and fees credit of $1.5 million. Airline, together with other airlines, has agreed to repay one half of the advance ($750,000) over the subsequent four Fiscal Years. Repayment is based on the amortization of the $750,000 at an annual interest rate of one and one half percent (1.5%).
Sample 1
One-Time Credit. The bank shall credit to the Deferral Account on the first of the month following Executive’s hire date the amount of $50,000.00.
Sample 1
One-Time Credit. Provided that Customer executes and delivers this Agreement to MCI WorldCom no later than August 15, 2000, Customer will receive one-time credits in the aggregate of *** Dollars ($***), which will be applied against Customer’s Usage Charges in the second (2nd) Monthly Period of the Term following the Effective Date. SCHEDULE TWO
Sample 1
One-Time Credit. Pursuant to the agreement, Customer will receive a one-time credit of One Million, Ninety Thousand, Six Hundred Ninety-Two Dollars and Fifty-Three Cents ($1,090,692.53), to be applied against Customer's designated Usage Charges incurred for interstate and international Option 2 and Option 3 Services and any other services agreed upon by Customer and Company. One Time Credit. Company shall provide Customer with a one-time credit equal to Three Thousand Dollars ($3,000.00) plus applicable Taxes and Governmental Charges for Private IP Services. The credit will be applied against Customer’s charges incurred for interstate and international services. One Time Credit (EMEA Private IP Network). Provided that a Private IP port with a speed of 100 Mbps or greater which will be used as a hub with Customers EMEA Private IP network (as used herein, a “Head End”) has been Installed in each Head End City (as defined below) by September 1, 2008, Customer will receive a one-time credit equal to Seventy-Five Thousand, Three Hundred and Sixty-Six Dollars ($75,366), plus applicable Taxes and Governmental Charges, which will be applied in November 2008. In lieu of the foregoing, if a Head End has not been installed in each Head End City by September 1, 2008, Customer may receive one of the following credits, as applicable: (a) If a Head End for each Head End City has been ordered by Customer to be installed by September 1, 2008 but, due solely to delays not caused by Customer or a Force Majeure Event, installation at all Head End Cities is not completed by September 1, 2008 but is completed by November 1 2008, Customer will receive a one-time credit equal to Sixty-Two Thousand, Four Hundred and Eight Dollars ($62,408), plus applicable Taxes and Governmental Charges, which credit will be applied in November2008; or (b) if a Head End for each Head End City has been ordered by Customer to be Installed by September 1, 2005 but, due solely to delays not caused by Customer or a Force Majeure Event, installation at all Head End Cities is not completed until after November11 2008, Customer will receive a one-time credit equal to Forty-Nine Thousand, Four Hundred and Forty-Nine Dollars ($49,449), plus applicable Taxes and Governmental Charges, which credit will be applied In December 2008. As used herein, the ‘Head End Cities” are London, Xxxxx and Frankfurt (each a “Head End City”). The credit under this section (the ‘EMEA Private P Credit”) will be applied to no more than ten (10) C...
Sample 1

Related to One-Time Credit

  • Service Credit Time spent on authorized leaves of absence without pay will count towards seniority, including service credit for annual step increases, layoff purposes, and for computing the amount of vacation leave, provided the employee is properly returned to service and is not serving a probationary period. Employees that do not return to service from a personal leave of absence shall not receive service credit for the time spent on such leave.

  • Separate Credit The Partnership shall not (i) pay its own liabilities from a source other than its own funds, (ii) guarantee or become obligated for the debts of any other Person, except its Subsidiaries, (iii) hold out its credit as being available to satisfy the obligations of any other Person, except its Subsidiaries, (iv) acquire obligations or debt securities of the General Partner or its Affiliates (other than the Partnership or its Subsidiaries), or (v) pledge its assets for the benefit of any Person or make loans or advances to any Person, except its Subsidiaries; provided that the Partnership may engage in any transaction described in clauses (ii)–(v) of this Section 2.9(e) if prior Special Approval has been obtained for such transaction and either (A) the Conflicts Committee has determined, or has obtained reasonable written assurance from a nationally recognized firm of independent public accountants or a nationally recognized investment banking or valuation firm, that the borrower or recipient of the credit extension is not then insolvent and will not be rendered insolvent as a result of such transaction or (B) in the case of transactions described in clause (iv), such transaction is completed through a public auction or a National Securities Exchange.

  • Past Service Credit Executive shall be given full credit for Executive's prior years of service with Company for all purposes under the plans, programs, policies, agreements and practices covering Executive pursuant to this Section.

  • No Other Employment; Minimum Time Commitment During the Period of Employment, the Executive shall (i) devote substantially all of the Executive’s business time, energy and skill to the performance of the Executive’s duties for the Company, (ii) perform such duties in a faithful, effective and efficient manner to the best of his abilities, and (iii) hold no other employment without the express written approval of the Board. The Executive’s service on the boards of directors (or similar body) of other business entities is subject to the approval of the Board. The Company shall have the right to require the Executive to resign from any board or similar body (including, without limitation, any association, corporate, civic or charitable board or similar body) which he may then serve if the Board reasonably determines that the Executive’s service on such board or body interferes with the effective discharge of the Executive’s duties and responsibilities to the Company or that any business related to such service is then in competition with any business of the Company or any of its Affiliates, successors or assigns.

  • Time Commitment The Advisor shall, and shall cause its Affiliates and their respective employees, officers and agents to, devote to the Company such time as shall be reasonably necessary to conduct the business and affairs of the Company in an appropriate manner consistent with the terms of this Agreement. The Company acknowledges that the Advisor and its Affiliates and their respective employees, officers and agents may also engage in activities unrelated to the Company and may provide services to Persons other than the Company or any of its Affiliates.

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

  • Rent Credit Except as hereinafter set forth, Tenant shall be entitled to a credit against the Base Rent payable under the Amended Lease, which credit shall be in the aggregate amount of Three Hundred Fifty-Six Thousand Eight Hundred Fifty and 96/100 Dollars ($356,850.96) (the “Rent Credit”). Subject to the provisions of this Paragraph 4, equal portions of the Rent Credit, each in an amount equal to Twenty-Nine Thousand Seven Hundred Thirty Seven and 58/100 Dollars ($29,737.58), shall be applied on the first day of each month beginning on January 1, 2013 and continuing until December 1, 2013, inclusive, against Tenant’s obligation to pay monthly installments of Base Rent accruing hereunder from and after the Effective Date. The Rent Credit granted under this Paragraph 4 is solely for the benefit of Xxxxx Electric Co., a Delaware corporation, and any Tenant Affiliate, and shall not be transferable to any assignee or subtenant other than a Tenant Affiliate. Tenant acknowledges that (a) the Rent Credit is being provided as an inducement to Tenant to extend the term of the Lease pursuant to this Third Amendment and (b) in the absence of such extension, Tenant would have paid substantially higher Base Rent under the terms of the Lease for the period from the Effective Date through the Original Term Expiration Date. Accordingly, Tenant agrees that (i) if Tenant commits a default of any of its obligations under the Amended Lease which is not cured within any applicable cure period set forth in Paragraph 13.1 of the Original Lease (“Breach”) prior to December 1, 2013, then, unless such Breach is cured prior to the time, if any, that Landlord terminates the Amended Lease pursuant to Paragraph 13.2 of the Original Lease, Tenant shall have no right to apply any portion of the Rent Credit against Tenant’s obligation to pay Base Rent accruing after such default becomes a Breach; and (ii) if Landlord terminates the Amended Lease pursuant to Paragraph 13.2 of the Original Lease as a result of a Breach occurring on or before the Original Term Expiration Date, then the damages recoverable by Landlord shall include that portion of the Rent Credit credited hereunder against Tenant’s obligation to pay Base Rent prior to such termination.

  • Single Premium Credit Life Insurance None of the proceeds of the Mortgage Loan were used to finance single-premium credit life insurance policies;

  • Maximum Credit Patheon's liability for Active Materials calculated in accordance with this Section 2.2 for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in Schedule D to a Product Agreement.

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