Examples of Local Credit in a sentence
Local Credit A district may offer courses for local credit, at its discretion, in addition to those in the required curriculum, but it may not delete or omit instruction in the foundation and enrichment curricula specified above.
The Bank has a Local Credit Committee comprising of the Senior Country Officer and other senior personnel representing Global Markets, Corporate Banking and Credit Risk Analysis.
A(1) and/or (2)): Title: Date(s): Number of Credits: semester quarter or Number of Local Credit clock hours: Course or Program Description: Explain the value of this course or program to the Institution's Education Program, if applicable: I affirm that the above information is correct and hereby request that this credit be approved for utilization in accordance with the labor agreement between the State of Minnesota and the State Residential Schools Education Association.
To obtain a favorable trustworthiness determination, each contractor employee must have a favorably completed National Agency Check with Local Credit Checks (NACLC) which consists of a NACI including a FBI fingerprint check plus credit and law enforcement checks.
Table 10-3 shows a ledger of payments made to date, their use (either Local Credit or State Share Advance or True-Up) and the remaining grant balance.
The Group may not inject any more equity or extend any loans or make any other value transfers to the acquiring Group Company or its Subsidiaries (which have incurred Local Credit) until full repayment of such Local Credit, provided that the Group may inject cash through equity contributions or subordinated loans if an equivalent amount has been contributed to the Issuer as an unconditional equity injection or Shareholder Debt.
Local Credit Committee and Management Credit Committee assess all credit exposures in excess of designated limits, prior to facilities being committed to customers by the business unit concerned.
Each business unit with the responsibility of initiating credit has experienced credit managers who report on all credit related matters to Local Credit Committee and respond to issues at the Bank’s Credit Committee.
Locally, various senior management committees mainly, Asset-Liability Committee (ALCO), Internal Control Committee (ICC), and Local Credit Committee (LCC) operate within the broad policy set up by Head Office.
Local Credits may be assumed by any Group Company for the purpose of acquiring Portfolios, provided that (i) the Local Credit is in compliance with Clause 13.4 ( Financial Indebtedness) above, and (ii) the initial equity contribution provided by the Group to the acquiring Group Company shall not exceed 40 per cent of the acquisition price for the acquired Portfolios.