Accruals in Excess of Maximum Sample Clauses

Accruals in Excess of Maximum. No PTO balance will be allowed to accrue beyond the maximum amount (see above schedule).
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Accruals in Excess of Maximum. If a nurse is unable to use sufficient PTO to bring her or his account below one year’s accrual maximum because she or he has had two (2) or more PTO requests denied, the nurse may carry over those hours which were requested off into the following quarter or exercise the options under the PTO cash out provision as outlined in Subsection 10.4.1.
Accruals in Excess of Maximum. If an employee is unable to use sufficient PTO to bring his/her account below the maximum because the employee has had two (2) or more PTO requests denied, the employee may carry over into the next year those hours which were requested off.

Related to Accruals in Excess of Maximum

  • Maximum Accrual Vacation credit may be accumulated to a maximum that can be earned in three (3) years. Further accumulation will not continue when the maximum is reached. Annual Rate of Vacation Accumulation Maximum 80 hours 240 hours 120 hours 360 hours 160 hours 480 hours 180 hours 540 hours 200 hours 600 hours 240 hours 720 hours

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

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