Credit time definition

Credit time means the sum of a person’s accrued time, good time credit, and educational credit.
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Credit time means the sum of a person’s accrued time,
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Credit time means all time credited to a pilot for flight time limitations purposes. It does not pertain to or govern time credited to a pilot for pay purposes.‌ R.1. Credit time consists of time credited for Hours Flown (as defined in Section 2 II.) plus time credited pursuant to the following references: R.1. a. Duty hours and trip hours, Section 4 B.‌ R.1.b. Bid scheduled trip, Section 4 H. R.1.c. Transfer, Section 6 C.3.a. R.1.d. Vacation, Section 7 D. R.1.g. Training, Section 11 D. R.1.h. Hours of service, Section 12 G. R.1.i. Sick leave, Section 14 C. and Section 14 D. R.1.j. Military leave, Section 13 C.4.
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Examples of Credit time in a sentence

  • Credit time and debit time will carry over to the next settlement period.

  • Credit time will be earned and utilized in comparable times (i.e., one hour of earned credit time equals one hour of credit time to be utilized).

  • The Company shall use its best efforts (i) to have the Initial Registration Statement declared effective by the SEC no later than ninety (90) days after the filing thereof (the "Scheduled Effective Deadline") and (ii) to insure that the Initial Registration Statement and any subsequent Registration Statement remains in effect until all of the Registrable Securities have been sold, subject to the terms and conditions of this Agreement.

  • Credit time is the difference between a standard day and the time mutually agreed between an employee and their Manager/Supervisor which is in excess of a standard day during which an employee performs ordinary work.

  • Credit time may be granted for time served under the probationary period.

  • Credit time will be granted for time served under the probationary period.

  • During each settlement period an employee will accumulate 152 hours made up of the following: • Carry over credit or debit time • Time worked within the bandwidth • Approved leave during the bandwidth • Credit time for public holidays.

  • Credit time earned on a flexitour schedule may be used to reduce the length of the workweek or another workday in accordance with Section 6 (Credit Hours) of this Article.

  • Tenant’s failure to timely comply with its obligations under this Section 5 shall constitute a material default of Tenant, for which no notice or opportunity to cure shall apply or be required before Landlord is entitled to draw the full amount or any other portion of the Letter of Credit, time being of the essence with respect to Tenant’s obligations under this Section 5.

  • Credit time can only be earned in the performance of official duties and work performed will be evaluated under the employee’s performance standards.


More Definitions of Credit time

Credit time means “the sum of a person’s accrued time, good time credit, and educational credit.” Ind. Code § 35-50-6-0.5(2). “Good time credit” means “a reduction in a person’s term of imprisonment or confinement awarded for the person’s good behavior while imprisoned or confined.” Ind. Code § 35-50-6- 0.5(4). “A person who is not a credit restricted felon and who is imprisoned for a Level 6 felony or a misdemeanor or imprisoned awaiting trial or sentencing is initially assigned to Class A [credit time assignment].” Indiana Code § 35-50-6- 4(a) (2014). A person who has a Class A credit time assignment earns one day of good credit time “for each day the person is imprisoned for a crime or confined awaiting trial or sentencing.” Ind. Code § 35-50-6-3.1(b) (2014).
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Related to Credit time

  • Credit hour means 50 minutes of classroom instruction in

  • Letter of Credit Report means a certificate substantially the form of Exhibit H or any other form approved by the Administrative Agent.

  • Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date.

  • Revolving Letter of Credit means each letter of credit issued pursuant to Section 3.1(a)(i) (including DIP Revolving Letters of Credit deemed issued as Revolving Letters of Credit pursuant to Section 3.10).

  • Letter of Credit Liability means, all reimbursement and other liabilities of Borrower or any of its Subsidiaries with respect to each Lender Letter of Credit, whether contingent or otherwise, including: (a) the amount available to be drawn or which may become available to be drawn; (b) all amounts which have been paid or made available by any Lender issuing a Lender Letter of Credit or any bank issuing a Bank Letter of Credit to the extent not reimbursed; and (c) all unpaid interest, fees and expenses related thereto.

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • Financial Letter of Credit means any Letter of Credit other than a Performance Letter of Credit.

  • Letter of Credit Termination Date means the fifth Domestic Business Day prior to the Termination Date.

  • Commercial Letter of Credit means any letter of credit or similar instrument issued for the purpose of providing the primary payment mechanism in connection with the purchase of any materials, goods or services by Company or any of its Subsidiaries in the ordinary course of business of Company or such Subsidiary.

  • Letter of Credit Liabilities means, for any Bank and at any time, such Bank's ratable participation in the sum of (x) the amounts then owing by the Borrower in respect of amounts drawn under Letters of Credit and (y) the aggregate amount then available for drawing under all Letters of Credit.

  • Evergreen Letter of Credit has the meaning set forth in Section 2.01.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Commercial LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding commercial Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements relating to commercial Letters of Credit that have not yet been reimbursed by or on behalf of the Borrowers at such time. The Commercial LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total Commercial LC Exposure at such time.

  • Revolving Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Administrative Agent maintained at the office of the Administrative Agent at 200 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the “Delphi Letter of Credit Account” that shall be used solely for the purposes set forth herein.

  • Unissued Letter of Credit Commitment means, with respect to any Issuing Bank, the obligation of such Issuing Bank to issue Letters of Credit for the account of the Borrower in an amount equal to the excess of (a) the amount of its Letter of Credit Commitment over (b) the aggregate Available Amount of all Letters of Credit issued by such Issuing Bank.

  • U.S. Letter of Credit means any Letter of Credit issued hereunder for the purpose of providing credit support for any U.S. Borrower, any Domestic Subsidiary or any Foreign Subsidiary.

  • Revolver means a short firearm having a cylinder of several chambers that are brought successively into line with the barrel to be discharged, designed to be aimed and fired by the use of a single hand.

  • Supporting Letter of Credit has the meaning specified in Section 2.3(g).

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank's Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Letter of Credit Reserve has the meaning set forth in Section 2.1.2(d).

  • Unused Letter of Credit Subfacility means an amount equal to the Letter of Credit Subfacility minus the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit plus, without duplication, (b) the aggregate Unpaid Drawings obligations with respect to a Letters of Credit.

  • Trade Letter of Credit means any Letter of Credit that is issued under the Letter of Credit Facility for the benefit of a supplier of inventory to the Borrower or any of its Subsidiaries to effect payment for such Inventory.

  • Letter of Credit Maturity Date the date occurring 15 days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).