Credit definition

Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment.
Credit means a student’s successful completion of an academic year of study or a student’s mastery of the applicable subject matter, as determined by the school district.
Credit is modified to read “Grant”.

Examples of Credit in a sentence

  • Credit to the paid holiday bank will occur on the date of the holiday.

  • Any amount owed must be paid by the Non-disputing Party within 6 Working Days of issuing the Credit Note.

  • To the extent the Tax Invoice is held not to be payable, the Non-disputing Party must issue a Credit Note to the Disputing Party.

  • At or prior to the Closing, Parent shall, or shall cause one of its Subsidiaries to, pay, on behalf of the Company, the Pay-off Amount to an account or accounts designated by the administrative agent under the Credit Agreement and take such reasonable action as necessary to replace such outstanding letters of credit as of the Effective Time.

  • Credit card payments will be accepted when applied to the entire amount due on an order; partial payment of orders by credit card will not be processed.


More Definitions of Credit

Credit means any of the Revolving Credit or the Term Credit.
Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debts and defer its payment or to purchase property or services and defer payment therefore.
Credit in paragraphs (a)(ii) and (c)(i) of Section 6.02 is replaced with the words “credit, grant or financing”.
Credit means the credit issued to the Company against its annual liability for Illinois State Income Taxes pursuant to Section II.B, subject to the limitation set forth in Section II.C or otherwise in this Agreement.
Credit means the value assigned to a course which indicates the level of instruction; One-hour lecture per week equals 1 Credit, 2 hours practical class per week equals 1 credit. Credit for a practical could be proposed as part of a course or as a separate practical course
Credit means the right to defer payment of debt or to incur debt and defer its payment.
Credit means the amount agreed to between the Department