Accrual Days definition

Accrual Days. (where applicable) means, in respect of an Observation Period, the number of Observation Day(s) on each of which the Fixing Rate is equal to the Lower Barrier or Upper Barrier or is higher than the Lower Barrier but lower than the Upper Barrier during that Observation Period.
Accrual Days. The whole number that is equal to the cumulative number of days (which need not be consecutive) on which Class A OP Special Dividends have accrued and are unpaid.
Accrual Days. The whole number that is equal to the cumulative number of days (which need not be consecutive) on which Special Dividends have accrued and are unpaid.

Examples of Accrual Days in a sentence

  • The following vacation schedule shall apply to all employees: Months of Employment Accrual Days Per Year Accrual Hours Per Pay Period 0 to 36 10 3.08 37 to 60 15 4.62 61 to 120 20 6.46 121 to 180 23 7.08 181 months 25 7.70 Maximum accrual of vacation hours shall be 344 hours.

  • The number of shares of Common Stock to be issued to a holder of shares of Common Stock on a Payment Date shall be equal to (1) the number of issued and outstanding shares of Common Stock held by such holder and upon which payment of Special Dividends is due, multiplied by (2)(a) Accrual Days multiplied by (b)(i) 8.0% divided by (ii) 365.

  • Years of Service Annual Vacation Accrual (Days) Per Pay Period Accrual (Hours) 0 through 2 years 12 3.7 3 years through 6 years 15 4.7 7 years through 10 years 18 5.6 >10 years 20 6.2 In the event an employee's vacation request is denied more than twice and the employee feels the denial is unreasonable, the employee may ask the Association to call a special conference.

  • The number of accrued PIK Class A-1 Common Shares to be issued to a holder of shares of Class A-1 Common Stock on a Payment Date in additional shares of Class A-1 Common Stock shall be equal to (1) the number of issued and outstanding shares of Class A-1 Common Stock held by such holder and upon which payment of Special Dividends is due, multiplied by (2)(a) Accrual Days multiplied by (b)(i) .07 divided by (ii) 365.

  • The interest payable on each Interest Payment Date is equal to K * n/N, where n is the number of Range Accrual Days in the Range Accrual Period on which the Range Accrual Coupon Condition is satisfied and N is the total number of Range Accrual Days in the Range Accrual Period.


More Definitions of Accrual Days

Accrual Days means the number of calendar days in the Accrual Period that (i) Reference Rate 1 fixes at or within the range AND (ii) Reference Rate 2 fixes at or above the Barrier;
Accrual Days means a Euro Settlement Date during the Accrual Period where EURmat fixes above the Barrier Rate 1 and EURspot trades below the Barrier Rate 2 at all times from the Trade Time on the Trade Date to 2:15pm Central European time on that Euro Settlement Date.
Accrual Days means a Fixing Date during the Accrual Period where EURmat fixes below Accrual Rate 1 and above Accrual Rate 2.
Accrual Days means a Euro Settlement Date during the Accrual Period where EURmat fixes at or below the Upper Barrier Level, and at or above the Lower Barrier Level.
Accrual Days means a Fixing Date during the Accrual Period where USDmat fixes below the Barrier Rate.
Accrual Days means a Fixing Date during the Accrual Period where USDmat fixes below the Upper Barrier Level and above the Lower Barrier Level.
Accrual Days means the number of calendar days in the Accrual Period that (i) Reference Rate 1 fixes at or below Barrier 1 AND (ii) Reference Rate 2 fixes at or above Barrier 2;