Examples of Accrued Bonuses in a sentence
This reserve includes bonuses for corporate officers who are non-Board members, for whom the calculations are the same as those described in Accrued Bonuses for Directors.
Accrued bonuses to employees were formerly included in ‘Accrued expenses,’ but ‘Reserve for employee bonuses’ is reported from this fiscal year in accordance with ‘Concerning Financial Statement Titles to be used for Accrued Bonuses for Employees’ (Research Center Review Information No.15 issued by JICPA).
The Surrender Value will be calculated as follows Surrender Value on Paid Up = (Paid Up value on Survival * Special Surrender Value Factor)+Surrender Value of Accrued Bonuses In case of reinstatement of a paid up policy, the differential amount of guaranteed monthly income due (i.e. guaranteed monthly income calculated on the full Sum Assured less the guaranteed monthly income already paid out on the reduced Paid Up Value on Survival), if applicable, shall be paid to the policyholder as a lump sum.
If it is still below the minimum, the Sum Assured + Accrued Bonuses would be paid.
The Seller hereby agrees that (a) all Excluded Liabilities, including, without limitation, the Accrued Bonuses, shall remain the sole and exclusive obligations of the Seller, and (b) the Seller shall promptly and fully discharge and pay all Excluded Liabilities as and when due (or, if contested in good faith, upon a final determination that such Excluded Liabilities are due).