Use of Credits. Sick leave credits shall be reduced by one-half (½) hour for each one-half (½) hour that an employee remains on the payroll because of absence due to illness. The employee shall remain on the payroll at his/her usual rate of pay, or until sick leave credits are exhausted.
Use of Credits. Sick leave credits accumulated under the former sick leave plan shall be frozen as of June 30, 1987. Employees who have earned such credits shall use their credits to supplement 33 1/3% of a day's accumulated credit to each day of absence, thereby receiving 100% pay to the extent of accumulated credits or 180 calendar days, whichever is the lesser. Credits may not be used while on the long term disability program but will be retained for future use on return to work. All sick leave credits are cancelled upon termination of employment.
Use of Credits. The Transmission Credits shall be applicable on a dollar-for-dollar basis against any charges or fees imposed on a Participant or its Associated Producer under any Transmission Agreement entered into by such Participant or Associated Producer and IID. Each Participant shall inform IID of the persons, selected from among itself and its Associated Producers, which are to use the Transmission Credits issued to it. Such selections will be subject to change upon written notice to IID. If a Participant or its Associated Producer elects to continue transmission under the IID-Edison Agreement, as provided in Section 6.06, IID shall, at the request of such Participant or its Associated Producer, apply transmission credits held by such Participant or its Associated Producer so as to reduce IID's charges to Edison for the transmission of electric power on behalf of such Participant or its Associated Producer under the IID-Edison Agreement.
Use of Credits. These rewards will be used only on claims dollars applied to the deductible. BAC will issue a check to the participant either via paper or direct deposit (employee’s choice). The money will be paid to the participant. It is the participant’s responsibility to pay the provider any monies owed.
Use of Credits. The Credits shall be used to assist in financing the general corporate requirements of the Restricted Parties.
Use of Credits. Neither the Company nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock and no part of the proceeds of any Credit hereunder will be used to buy or carry any Margin Stock. CREDIT AGREEMENT
Use of Credits. Sick leave credits shall be reduced by one-half hour for each one-half hour that an employee on the payroll because of absence due to illness. The employee shall remain on the at usual rate of pay. or until sick leave credits are exhausted. SICK CREDITS ENTITLEMENT leave increments and re-accumulations occur only on January (hill or July (50% entitlement) each year, after the employee's anniversary date, according to the schedule outlined In except for the leave entitlement during the first year of service. Where an employee exhausts full sick leave credits (130 days) return to work on full-time hours for at least twenty (20) consecutive working days before the sick leave credits are restored, subject and Article Where an employee is not actively at work due to illness, leave of absence without pay, work program or as of January or July of each year, the leave credits will not be restored until employee can work at least twenty (20)consecutive working days. Where the employee is actively at work for at least twenty (20) consecutive days by June will receive their full sick leave credit with their date. Where he employee is actively at work for at least twenty (20) days on or after July but before September will receive percent (50%)of each of their and sick leave credits. Where the employee actively at work for at least twenty (20) days on or October will receive percent (25%) of each of their and leave credits. Any remaining sick leave credits are not carried over to the new year, except for Article
Use of Credits. Provider shall provider Customer with reports not less than quarterly detailing the number of Credits that have been redeemed by the Students.
Use of Credits. The Parties to this Agreement agree that the Credit and Reimbursement Policy sets forth the amount of credit and reimbursement owed the Developer in connection with Prior Advanced Funding. The Credit and Reimbursement Policy shall control as to the amount of credit or reimbursement due and how any credit or reimbursement will be applied.
Use of Credits. 51 7.12 Solvency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 7.13 Inactive Subsidiaries; New Subsidiaries. . . . . . . . . . . . . . . . 51 7.14
