Daily Standard Credit definition

Daily Standard Credit. The maximum scheduled Credit level divided by thirty (30). e.g., eighty five (85) Credits divided by thirty (30) equals two hours and fifty minutes (2:50), RTB - forty five (45) divided by thirty (30) equals one hour and thirty minutes (1:30).
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Daily Standard Credit. The monthly maximum scheduled credit level divided by thirty (30);e.g., eighty-five (85)divided by thirty (30) equals two point eight three (2.83) credit hours. Date of Employment as a Pilot: The first Day of ground school.
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Daily Standard Credit two point seven (2.7) credit hours.
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Examples of Daily Standard Credit in a sentence

  • Daily Standard Credit multiplied by the Pilot’s applicable hourly rate.

  • His availability will be reduced by the Daily Standard Credit for each Day that he is on vacation or LOA in that Bid Period.

  • Daily Standard Credit is the monthly maximum scheduled credit level (e.g. Credits) divided by thirty Credits).

  • A Pilot who becomes sick or injured under the provisions of Section (SICK LEAVE OCCUPATIONAL) shall remain on Daily Standard Credit for the period he is ill.

  • For each Day of a month a Reserve Blockholder stands reserve on a scheduled Day Off, or when he elects to remain on reserve after being released as per above, he will be credited with one (1) Day of Daily Standard Credit in addition to his monthly minimum guarantee.

  • Bid Period Overlap: A Pilot whose illness extends into the next Bid Period and who is not awarded a Block shall receive Daily Standard Credit until his date of to duty, or until he qualifies for whichever is sooner.

  • In the application of Section the Pilot will be credited with one (1) Day of Daily Standard Credit in addition to his monthly minimum guarantee.

  • Bid Period Overlap: A Pilot whose illness extends into the next Bid Period and who is not awarded a Block shall receive Daily Standard Credit until his date of return to duty, or until he qualifies for whichever is sooner.

  • Daily Standard Pay is calculated by multiplying the Daily Standard Credit by the Pilot’s applicable hourly rate.

  • Reserve Blockholder: The Daily Standard Credit for each Reserve Duty Period he is on Paid Duty.


More Definitions of Daily Standard Credit

Daily Standard Credit two hours, fifty minutes credit hours. "DAY OFF" a calendar day on a flight attendant's schedule free of duty at home base.
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Daily Standard Credit. The monthly maximum scheduled credit level divided by thirty (30); e.g., eighty-five (85) divided by thirty (30) equals two point eight three (2.83) credit hours. DAILY STANDARD PAY Daily standard credit multiplied by the Pilot's applicable hourly rate. SECTION DEFINITIONS
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Related to Daily Standard Credit

  • California Renewables Portfolio Standard means the renewable energy program and policies codified in California Public Utilities Code Sections 399.11 through 399.31 and California Public Resources Code Sections 25740 through 25751, as such provisions may be amended or supplemented from time to time.

  • Maximum Daily Starts means the maximum number of times that a generating unit can be started in an Operating Day under normal operating conditions.

  • Foreign Exchange Rate means for any day that rate for the currency in question as published at 12:00 Eastern Standard Time, by the Bank of Canada in the City of Ottawa.

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • ISDA Benchmarks Supplement means the Benchmarks Supplement (as amended and updated as at the date of issue of the first Tranche of the Notes of the relevant Series (as specified in the relevant Final Terms)) published by the International Swaps and Derivatives Association, Inc;

  • Servicer Interchange Rate means, for any Monthly Period, the percentage equivalent of a fraction, the numerator of which is the MBNAseries Servicer Interchange for such Monthly Period, and the denominator of which is the Weighted Average Available Funds Allocation Amount for the MBNAseries for such Monthly Period.

  • Daily SOFR means the rate per annum equal to SOFR determined for any day pursuant to the definition thereof plus the SOFR Adjustment. Any change in Daily SOFR shall be effective from and including the date of such change without further notice. If the rate as so determined would be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.

  • Renewable Portfolio Standard or “RPS” means a state or federal law, rule or regulation that requires a stated amount or minimum proportion or quantity of electricity that is sold or used by specified persons to be generated from Renewable Energy Sources.

  • cross-border processing means either:

  • Calculation Agency Agreement means the Calculation Agency Agreement, dated as of December 21, 2006 between the Company and the Calculation Agent, as amended from time to time, or any successor calculation agency agreement.

  • Availability Standards has the meaning set forth in the CAISO Tariff.

  • Compounded Daily €STR means, with respect to any Interest Period, the rate of return of a daily compound interest investment (with the daily euro short-term rate as reference rate for the calculation of interest) as calculated by the Calculation Agent as at the relevant Interest Determination Date in accordance with the following formula (and the resulting percentage will be rounded if necessary to the nearest fifth decimal place, with 0.000005 being rounded upwards):

  • Daily SOFR Loan means a Loan that bears interest at a rate based on Daily SOFR.

  • Servicer Letter of Credit means a letter of credit, surety bond or insurance policy issued by a depository institution, insurance company, or financial institution having a short-term credit rating at least equal to the Required Deposit Rating and providing that the Indenture Trustee or Trust Agent, as the case may be, may draw thereupon in the event the Servicer satisfies the Monthly Remittance Condition but fails to deposit SUBI Collections into the 2019-B SUBI Collection Account by the related Deposit Date.

  • Service Level Credit is defined in Section 8.

  • ISDA Rate for an Interest Period means a rate equal to the Floating Rate that would be determined by the Principal Paying Agent under an interest rate swap transaction if the Principal Paying Agent were acting as Calculation Agent for that swap transaction under the terms of an agreement incorporating the 2006 ISDA Definitions, as published by the International Swaps and Derivatives Association, Inc. and as amended and updated as at the Issue Date of the first Tranche of the Notes (the “ISDA Definitions”) and under which:

  • Bank of America Fee Letter means the letter agreement, dated January 4, 2011, among the Borrower, Bank of America and MLPFS.

  • Maximum Weekly Starts means the maximum number of times that a generating unit can be started in one week, defined as the 168 hour period starting Monday 0001 hour, under normal operating conditions.

  • Standard Letter of Credit Practice means, for Issuing Bank, any domestic or foreign law or letter of credit practices applicable in the city in which Issuing Bank issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as chosen in the applicable Letter of Credit.

  • Xxxxx Fargo Fee Letter means the letter agreement, dated August 13, 2010, among the Borrowers, Xxxxx Fargo Securities, LLC and Xxxxx Fargo Bank, National Association.

  • Fitch Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • Switched Access Detail Usage Data means a category 1101xx record as defined in the EMI Telecordia Practice BR 000-000-000.

  • Servicer Information As defined in Section 12.07(a).

  • Calculation Agent Agreement means the Calculation Agent Agreement dated as of May 18, 2018 between the Company and the Calculation Agent, as amended from time to time.

  • CREFC® Servicer Watch List/Portfolio Review Guidelines As of each Determination Date a report, including and identifying each Performing Serviced Loan satisfying the “CREFC® Portfolio Review Guidelines” approved from time to time by the CREFC® in the “CREFC® Servicer Watch List” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form (including other portfolio review guidelines) for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • ISDA Fallback Rate means the rate that would apply for derivatives transactions referencing the ISDA Definitions to be effective upon the occurrence of an index cessation date with respect to the Benchmark for the applicable tenor excluding the applicable ISDA Fallback Adjustment.