Dual credit means the system under which an eligible high school student enrolls in college course(s) and receives credit for the course(s) from both the college and high school.
Universal Credit means any payment of Universal Credit payable under the Welfare Reform Act 2012, the Universal Credit Regulations 2013, The Universal Credit (Consequential, Supplementary, Incidental and Miscellaneous Provisions) Regulations 2013, Universal Credit (Miscellaneous Amendments) Regulations 2013 and the Universal Credit (Transitional Provisions) Regulations 2014;
Federal credit means the Low Income Housing Tax Credit established by the federal government for the purpose of encouraging the development of affordable housing and governed by the Code.
4% Credits means Federal Credit available to Bond Financed Projects which meet the requirements of this Plan.
9% Credits means Federal Credit allocated on a competitive basis under the provisions of this Plan.
Partial Credit Payment means any payment, distribution or benefit that is not a Full Credit Payment.
financial creditor means any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to;
Service Level Credit is defined in Section 8.
Full Credit Payment means a payment, distribution or benefit, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise, that if reduced in value by one dollar reduces the amount of the parachute payment (as defined in Section 280G of the Code) by one dollar, determined as if such payment, distribution or benefit had been paid or distributed on the date of the event triggering the excise tax. “Partial Credit Payment” means any payment, distribution or benefit that is not a Full Credit Payment.
Employer Credits means the amounts credited to the Participant’s Deferred Compensation Account by the Employer pursuant to the provisions of Section 4.2.
operational creditor means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred;
Additional Credit Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 5.10.
Federal credit union means a credit union chartered under the Federal Credit Union Act.
Credit Balance means the funds remaining and due to a Student after such Student’s loans and other financial aid remittances, including but not limited to Title IV Higher Education Act program funds, have been credited to the Student’s account at School.
Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.
Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.
Debit Balance means, as of any date, the dollar amount, if any, representing each of: (1) the aggregate Annual Charge, accrued in accordance with Section 3.4(g)(i); and (2) any Leveraged Principal Amount (together with any pro rata Interest Amounts determined in accordance with Section 3.4(g)(ii), if applicable), as reduced by any distributions recorded from ML Ventures Units recorded in a Participant’s Account in accordance with Section 3.4(e).
Additional Credit Facilities means any credit facilities added pursuant to Sections 2.22, 2.23 or 9.02(c).
Economic Capital Account Balances has the meaning set forth in Section 6.1.E.
Plan Account means the account established for each Participant pursuant to Section 8(a).
Credits means the Federal and State Housing Tax Credit program.
Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.
Material Credit Facility means, as to the Company and its Subsidiaries,
Open-end credit means credit extended by a creditor under an agreement in which:
Service Credits means the service credits payable to the Purchaser by the Service Provider in the event that the Service Levels are not met and identified as service credits in the Pricing Schedule.
Economic Capital Account Balance has the meaning provided in Section 5.1(e) hereof.