Learning Account Clause Samples

A Learning Account clause establishes a dedicated account or record to track and manage funds or credits allocated for educational or training purposes. Typically, this clause outlines how contributions are made to the account, what types of learning activities or expenses are eligible for reimbursement, and the process for accessing or using the funds. Its core practical function is to ensure that resources set aside for professional development or training are properly managed and transparently used, thereby supporting ongoing learning while maintaining accountability.
Learning Account. §1 Changes to the enrolment programme of students affect their learning account. The learning account applies to both enrolment with a diploma contract and enrolment with a credit contract. For a course unit that is added to the enrolment programme, the learning account of the student is reduced with the credits of the concerning course unit. Students can regain their learning account when they obtain the credits connected to the concerning course unit. For the first 60 credits obtained, students will regain twice their learning account when they obtain the credits connected to the concerning course unit. If students are in a situation of force majeure during the academic year and are at risk of losing their learning account, they should go to the Head of the department who will investigate whether adapted examination regulations are possible. If the Head decides that modified regulations are not possible, this is communicated in writing to the students. The students can then submit this decision to the ’Council for disputes concerning decisions on study progress’. The Council may decide to return the lost credits. Requests to return credits which relate to previous academic years and/or credits used in other institutions shall be submitted directly by the students to the ‘Council for disputes concerning decisions on study progress’. Students may contact the Council in writing at the following address: Council for disputes concerning study progress decisions ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Building ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇-laan ▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ §2 However, the learning account does not apply to Advanced Bachelor programmes, Bachelor programmes of education if the students already have a bachelor's degree, higher professional education (HBO5)‐ and associate degree programmes.
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Learning Account. For students who deregister before 1 December for course units of the first semester or full-year course units and before 15 March for course units of the second semester, a reimbursement will be made on the learning account for the credits of the concerning course unit, except when an examination activity was taken for this course unit. Students who deregister for a course unit after the deadline, will not regain the credits of this course unit in their learning account.
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Learning Account. The parties have agreed to examine the learning account option during the term of the Collective Agreement. This study will be carried out by the joint Coherent Employability Policy Task Force.
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Related to Learning Account

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  • Operating Account To the extent funds are not required to be placed in a lockbox pursuant to any Loan Documents, Property Manager shall deposit all rents and other funds collected from the operation of the Property in a reputable bank or financial institution in a special trust or depository account or accounts for the Property maintained by Property Manager for the benefit of the Company (such accounts, together with any interest earned thereon, shall collectively be referred to herein as the “Operating Account”). Property Manager shall maintain books and records of the funds deposited in and withdrawals from the Operating Account. With funds from Company, Property Manager shall maintain the Operating Account so that an amount at least as great as the budgeted expenses for such month is in the Operating Account as of the first of each month. From the Operating Account, Property Manager shall pay the operating expenses of the Property and any other payments relative to the Property as required by this Agreement. If more than one account is necessary to operate the Property, each account shall have a unique name, except to the extent any Lender requires sub-accounts within any account. Within three (3) months after receipt by Property Manager, all rents and other funds collected in the Operating Account, after payment of all operating expenses, debt service and such amounts as may be determined by the Property Manager to be retained for reserves or improvements, shall be paid to the Company.

  • Concentration Account Concentration Account" has the meaning set forth in Section 2.3.

  • Disbursement Account 12.1 The Lender is obligated to keep the bank account information provided on the Platform up to date. The account shall be managed by a bank within the Single Euro Payment Area (hereinafter “SEPA”). 12.2 Any transfers by the Borrower to an account held by the Lender within SEPA shall not be subject to any fees.

  • Permitted Withdrawals from the Collection Account The Servicer may, from time to time, withdraw funds from the Collection Account for the following purposes: (i) to reimburse itself for Advances made pursuant to Section 6.03 (including amounts to reimburse the related Sub-Servicer for advances made pursuant to the applicable Sub-Servicing Agreement), the Servicer's and the Sub-Servicer's right to receive reimbursement pursuant to this subclause (i) being limited to amounts received on particular Mortgage Loans which represent Late Collections (net of the Servicing Fees) with respect to those particular Mortgage Loans; (ii) to pay itself the Servicing Fee; (iii) to reimburse itself for unreimbursed Servicing Advances, or to pay the related Sub-Servicer any unreimbursed Servicing Advances, the Servicer's right to receive reimbursement or make payments to the Sub-Servicer pursuant to this subclause (iii) with respect to any Mortgage Loan being limited to related Liquidation Proceeds, Insurance Proceeds, and condemnation awards; (iv) to reimburse itself (or the related Sub-Servicer) or the Depositor for expenses incurred by and recoverable by or reimbursable to it pursuant to Section 5.01 or 5.16; (v) to reimburse itself (or the related Sub-Servicer) for any Nonrecoverable Advances; (vi) to pay to itself (or the related Sub-Servicer) income earned on the investment of funds deposited in the Collection Account; (vii) to make deposits into the Certificate Account in the amounts and in the manner provided for herein; (viii) to make payments to itself or others pursuant to any provision of this Agreement, and to clear and terminate the Collection Account upon the termination of this Agreement; and (ix) to withdraw amounts deposited in error.