Half credit definition

Half credit means that each year of equivalent service (or part thereof) will count as six months (or part thereof) of teaching service. • One third credit means that each year of equivalent service (or part thereof) will count as four months (or part thereof) of teaching service.
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Examples of Half credit in a sentence

  • Half credit shall mean that each year (or part thereof) will count as six months (or part thereof) of service for salary purposes.

  • Half credit shall be given for experience gained outside school District No. but within Canada.

  • Half credit for experience may be given for military service to a maximum of two (2) years credit for four (4) years of duty and any other condition required by law.

Related to Half credit

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.

  • Letter of Credit Obligations means all outstanding obligations incurred by Agent and Lenders at the request of Borrower, whether direct or indirect, contingent or otherwise, due or not due, in connection with the issuance of Letters of Credit by Agent or another L/C Issuer or the purchase of a participation as set forth in Annex B with respect to any Letter of Credit. The amount of such Letter of Credit Obligations shall equal the maximum amount that may be payable by Agent or Lenders thereupon or pursuant thereto.