Total Credit Sample Clauses

Total Credit. Total credit allowed for prior teaching and related experience as defined above shall not result in placement beyond Step C of the salary schedule. All experience (teaching or related) shall be verified by official documents or statements from employers before experience credit shall be allowed. A maximum of one year of step credit shall be granted within any twelve-month period of verified experience. In evaluating prior experience there must be a minimum of 7-1/2 months of creditable service in order to be granted a full year of experience for salary purposes. The above credits are allowed only in original placement on the salary schedule and are not subject to later review, unless such review is specifically provided for under the terms of this Agreement.
AutoNDA by SimpleDocs
Total Credit. Total credit allowed for prior teaching experience, related experience, and military service - individually or combined - shall not result in placement beyond Step 6 (or Step 12, if based on the terms and conditions in Section 1.1). The above rating-in policies, which represent changes from previous policy, are effective with hiring for the 2005-2006 school year and are not retroactive.
Total Credit. Total credit allowed for prior teaching and related experience in an academic environment shall not result in placement beyond Step G of the salary schedule. All experience (teaching or related) shall be verified by official documents or statements from employers before experience credit shall be allowed. A maximum of ten (10) months‟ credit shall be granted within any twelve-month period. In evaluating prior experience there must be a minimum of 7-1/2 months of creditable service in order to be granted a full year of experience for salary purposes.
Total Credit. The Lender agrees, subject to the terms and conditions of this Agreement, to make a total credit of up to Four Million U.S. Dollars ($4,000,000) available to the Borrower upon its request. Subject to the terms and conditions hereof, the Borrower shall be entitled to borrow, repay and re-borrow up to the total amount of the credit made available hereunder, during the term hereof.
Total Credit. The total amount of the Credit allocated to the Subject Development is $ (the “Total Credit”). City and Developer agree that City’s determination of the Total Credit is final and is based on the calculations shown in the table below: [insert table showing capital showing cost of capital facilities] [insert table showing credit calculation]
Total Credit. The maximum aggregate amount of credit available under ------------ this Letter of Credit shall be ________________ Dollars ($________), which amount is hereinafter referred to as the "Total Credit."
Total Credit. Total credit allowed for prior teaching experience, related experience, and military service - individually or combined - shall not result in placement beyond Step 6 (or Step 12, if based on the terms and conditions in Section 1.1). The above rating-in policies, which represent changes from previous policy, are effective with hiring for the 2005-2006 school year and are not retroactive. A-2 Advancement of Schedules A-2.1 Step Advancement After the initial rating-in a unit member may advance only one step each year, provided he/she has served 75 percent of the working days during the school year, (excluding summer session) and provided that the most recent formal evaluation, as described in Article 9 of this Agreement, of the unit member shows that his/her overall performance was not rated as “unsatisfactory” (See 9-5).
AutoNDA by SimpleDocs
Total Credit. Total credit allowed for prior teaching experience and related experience, individual, or combined, shall not result in placement beyond Step G (Schedule A-1) for Associate Professors and Step M (Schedule A-2) for Professors. Adjunct Continuing Education faculty who are teaching at sixty percent (60%) during the current or preceding semester and receive a sixty percent (60%) contract on or after January 1, 1998, will be placed on a step beyond Step G if the regular placement results in a decrease in the annualized academic year income. (Annualized academic year income is computed by taking current adjunct hourly pay rate and multiplying by 525. This figure will be compared to the proposed contract regular placement step. If the annualized hourly income exceeds the regular placement step, the faculty member will be placed on whatever step next equals or exceeds the hourly annualized income.) All experience (teaching or related) shall be verified by official documents or statements from employers before experience credit shall be allowed. A maximum of ten months' credit shall be granted within any twelve-month period. In evaluating prior experience, there must be a minimum of 7 1/2 months of creditable service in order to be granted a full year of experience for salary purposes. NOTE: The above credits are allowed only in original placement on salary schedule and are not subject to later review.
Total Credit. The maximum aggregate amount of credit available under ------------ this Letter of Credit shall be Three Million Dollars ($3,000,000.00), which amount is hereinafter referred to as the "Total Credit."

Related to Total Credit

  • Total Credit Award GO-Biz, upon approval by the Committee and conditioned upon the requirements set forth in this Agreement, will award Taxpayer a California Competes Tax Credit ("CCTC") in the amount of one hundred thousand dollars ($100,000.00) (“Credit”). Specifically, Taxpayer is receiving a CCTC against the “net tax” as defined in RTC section 17039, or the “tax” as defined in RTC section 23036, as applicable, pursuant to RTC section 17059.2 or 23689, as applicable.

  • Provisional Credit You acknowledge that the Rules make provisional any credit given for an entry until the financial institution crediting the account specified in the entry receives final settlement. If the financial institution does not receive final settlement, it is entitled to a refund from the credited party and the originator of the entry will not be deemed to have paid the party.

  • 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.

  • Total Commitment The sum of the Commitments of the Banks, as in effect from time to time.

  • Reduction of Total Commitment The Borrower shall have the right at ----------------------------- any time and from time to time upon five (5) Business Days prior written notice to the Agent to reduce by $2,500,000 or an integral multiple of $500,000 in excess thereof or terminate entirely the Total Commitment, whereupon the Commitments of the Banks shall be reduced pro rata in accordance with their --- ---- respective Commitment Percentages of the amount specified in such notice or, as the case may be, terminated. Promptly after receiving any notice of the Borrower delivered pursuant to this (S)2.3, the Agent will notify the Banks of the substance thereof. Upon the effective date of any such reduction or termination, the Borrower shall pay to the Agent for the respective accounts of the Banks the full amount of any commitment fee then accrued on the amount of the reduction. No reduction or termination of the Commitments may be reinstated.

  • Line of Credit Amount (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the “Facility No. 1 Commitment”) is Five Million and 00/100 Dollars ($5,000,000.00). (b) This is a revolving line of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) The Borrower agrees not to permit the principal balance outstanding to exceed the Facility No. 1

  • FUNDING AVAILABILITY This Contract is contingent upon the continued availability of funding. If funds become unavailable through the lack of appropriations, legislative or executive budget cuts, amendment of the Appropriations Act, state agency consolidation or any other disruptions of current appropriations, DFPS will reduce or terminate this Contract.

  • No Outstanding Loans or Other Extensions of Credit The Company does not have any outstanding extension of credit, in the form of a personal loan, to or for any director or executive officer (or equivalent thereof) of the Company except for such extensions of credit as are expressly permitted by Section 13(k) of the Exchange Act.

  • Credit Balances No interest or other amount will be paid by us on any credit balance on the Unallocated Account.

  • Funded Debt to EBITDA Ratio To maintain on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 2.0:1.0.

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