Technical Credit definition

Technical Credit means (a) a good faith decision by Licensee to credit a Subscriber or refund a payment to a Subscriber in connection with an authorized Subscriber Transaction where the applicable Included Program was not properly viewable by the Subscriber as the result of a substantiated technical failure of a part of the Licensed Service, weather or some other cause outside of the such Subscriber’s control or (b) an authorized Subscriber Transaction for which Licensee does not bill the Subscriber within twenty-four (24) months of the occurrence of such Subscriber Transaction solely due to causes outside of Licensee’s control (e.g., Subscriber terminated his subscription to the Licensed Service or disconnected his Target Device from the Licensed Service immediately after completing the Subscriber Transaction and before such Subscriber Transaction was processed for billing). For clarity, documentation with respect to Technical Credits shall be subject to audit by Licensor as part of its audit of rights hereunder.
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Examples of Technical Credit in a sentence

  • If the insurance is related to a credit or loan agreement on the basis of which the Loan is repaid using the Bank’s Technical Credit Account, then the Client must pay the monthly insurance premium to the Bank’s Technical Credit Account monthly – unless otherwise provided by the relevant List of Conditions or terms of insurance – by the second working day of the given month.

  • After the termination of the insurance, the Bank shall be entitled to debit the client’s Bank Account with the amount of any outstanding insurance premium(s), and, if the Loan is repaid using the Bank’s Technical Credit Account, to claim any overdue insurance premiums from the Client, within the limitation period defined in the terms of insurance.

  • Unless stipulated otherwise in the terms of the insurance, if the Loan is repaid using the Bank’s Technical Credit Account, and the insurance premium is not credited to the Bank’s Technical Credit Account in two consecutive months, the insurance shall, without separate notification, be terminated automatically at 0:00 on the day after the day of the second unsuccessful debiting.

  • Amazon shall not issue Technical Credits in any circumstances where Digital Locker Functionality used in compliance with this Agreement would enable the applicable customer to re-download the applicable Included Program without the need to issue a Technical Credit.

  • The Tech Prep programs provide students with the opportunity to earn college credit for high school courses through academic dual/concurrent enrollment courses, Advanced Placement (AP) courses, International Baccalaureate (IB) courses, technical dual enrollment courses, locally articulated courses, Advanced Technical Credit (ATC) statewide articulated courses, and contract-instruction courses offered by special agreements between school districts and colleges.

  • School Districts are responsible for ensuring that a teacher meets the qualifications for Advanced Technical Credit before identifying the course as an articulated course on a student’s Academic Achievement Record.

  • Further, Amazon shall actively monitor wherever Technical Credit requests suggest fraudulent activity on the part of a consumer with respect to Included Programs and use commercially reasonable efforts to minimize such fraudulent activity.

  • Ohio Revised Code 3333.162 advanced articulation and transfer through the Career- Technical Credit Transfer (CT)² initiative, which led to the development of Career- Technical Assurance Guides (CTAGs).

  • Articulated credit for all courses in the Technical Course Alignment Manual that are in Xxxxxxx County Junior College’s inventory will be determined based upon the state requirements for the statewide Advanced Technical Credit (ATC) requirements, including prerequisites.

  • When a course is referred to as an Advanced Technical Credit (ATC) course, this means that it has been articulated and approved for credit in all community colleges throughout the state of Texas.

Related to Technical Credit

  • 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;

  • Service Level Credit is defined in Section 8.

  • 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.

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • credit meter means a meter where an account is issued subsequent to the consumption of electricity;

  • 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.

  • 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;

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

  • recreational craft means a ship of any type, with a hull length of 2.5 metres or more, regardless of the means of propulsion, intended for sports or leisure purposes, and not engaged in trade;

  • Additional Credit Facilities means any credit facilities added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment.

  • Letter of Credit Accommodations means, collectively, the letters of credit, merchandise purchase or other guaranties which are from time to time either (a) issued or opened by Agent or any Lender for the account of any Borrower or Obligor or (b) with respect to which Agent or Lenders have agreed to indemnify the issuer or guaranteed to the issuer the performance by any Borrower or Obligor of its obligations to such issuer; sometimes being referred to herein individually as "Letter of Credit Accommodation".

  • Administrative User means any of Your employees, consultants, independent contractors or customers to whom You grant administrative permission to access the Services in accordance with Company’s entitlements and procedures and this Agreement (where “administrative permission” includes, but is not limited to, the right to create, modify and delete User accounts, as well as the right to access and modify Your billing information and other functionality available through Company’s administrative control panel).

  • National Credit Act means the National Credit Act, 2005 (Act No. 34 of 2005);

  • Security Credentials means the personalised security features we require you to use now or in future to

  • Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.

  • account information service means an online service to provide consolidated information on one or more payment accounts held by the payment service user with either another payment service provider or with more than one payment service provider;

  • Performance Letter of Credit means any standby Letter of Credit which represents an irrevocable obligation to the beneficiary on the part of the Issuing Bank to make payment on account of any default by the account party in the performance of a nonfinancial or commercial obligation.

  • Access Credentials means any username, identification number, password, license or security key, security token, PIN or other security code, method, technology or device used, alone or in combination, to verify an individual’s identity and authorization to access and use Hosted Services.

  • 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.

  • Commercial Letters of Credit means those letters of credit subject to the UCP payable in Dollars and issued or caused to be issued by Lender on behalf of Borrower under a Loan Facility for the benefit of a supplier(s) of Borrower in connection with Borrower's purchase of goods or services from the supplier in support of the export of the Items.

  • Account Information Service Provider means a payment service provider pursuing business activities as referred to in point (8) of Annex I;

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

  • Private label credit card means any charge card, credit card, or other instrument serving a similar purpose that carries, refers to, or is branded with the name or logo of a vendor and that can only be used for purchases from the vendor.

  • Additional Credit Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 5.10.

  • Login Credentials means any passwords, authentication keys, or security credentials that enable Customer’s access, management to the Service Offering, or both.