Define: Credit Value

How is Credit Value defined in a legal contract?

• Credit Value means the amount of credits a student is able to earn upon successfully completing a course they are enrolled in. Seen in 70 SEC filings
• Credit Value means the monetary equivalent, excluding the deposit, that can be utilized towards the required services. Seen in 4 SEC filings
• Credit Value means the Value-Derived Energy Rate applicable to a buyer's service classification at the time of energy generation as determined by the tariff and the community distributed generation program rules. Credit Value does not include Solar Incentives or Environmental Attributes. Seen in 3 SEC filings
• Credit Value means the number of credits, with each credit representing ten learning hours. Seen in 3 SEC filings
• Credit Value means the value of a property as provided for in section [number] for the purposes of computing the lottery and gaming credit. Seen in 3 SEC filings
• Credit Value means the value determined under either the Net Metering Regulation [number] or the SMART Program at [number] and the applicable Tariff, for the relevant billing period. Seen in 1 SEC filing
• Credit Value means an amount equal to ninety-five percent of the lesser of the commitment amount, the outstanding principal at that time, or the actual principal amount funded. Seen in 1 SEC filing
• Credit Value means the lowest amount that a player can wager to participate in the applicable game under the rules governing such games. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of credit value' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Credit Value means the potential total of credits that an entity can accumulate based on rules connected with a given service.

Relevant Contract Type

• Service Agreement
• Licensing Agreement
• Education Services Contract

Relevant Circumstances

• When a business is offering services on a credit system.
• In educational institutions where students are awarded credits.
• In contexts where licenses or certifications are awarded based on accumulated credits.

Relevant Sectors

• Educational Services
• Professional, Scientific, and Technical Services
• Retail

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Genie Definition 2

• Credit Value means the least monetary or comparable measure required for participation in an activity according to pertinent rules.

Relevant Contract Type

• Terms of Service
• Participation Agreement
• Gaming Contract

Relevant Circumstances

• When a company provides online services, games, or platforms where users have to pay to participate.
• In contracts involving wagers or betting.
• In any context where a minimum payment is required for participation.

Relevant Sectors

• Information
• Arts, Entertainment, and Recreation
• Finance and Insurance

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