Accruals definition

Accruals means the amounts accrued by the Joint Account but unpaid as at the Economic Date;
Accruals means recording of charges and credits for work performed at the end of the accounting period, regardless of whether invoices or credits have been received.
Accruals means, as of any time, the aggregate amount by which the face value of Eligible Receivables which are Paid Receivables have been reduced by virtue of any prompt payment discounts, accruals for volume rebates, warranty claims by the applicable Designated Account Debtor(s), and other credit notes (including, without limitation, credit notes issued to Account Debtors as a result of disputes, claims and invoicing errors by the Sellers).

Examples of Accruals in a sentence

  • No later than 60 days following expiry of that Financial Year, the Recipient shall submit to the Authority an Approved Claim Form in accordance with clause 6.1 to the value of the Accruals Claim Form, which will enable payment of the Qualifying Expenditure as forecast on the Accruals Claim Form.

  • The budget will be approved by the Property finance team in the same way as the regular yearly budget, as described in section 10: Budgeting, Forecasting and Accruals.

  • Each nurse’s PTO balance is subject to a maximum accrual of one and 21 one half (1.5) times their annual accrual rate, which is not prorated for 22 nurses whose FTE status is less than 1.0. Accruals will stop when the 23 maximum limit is reached and will resume when time off has been taken 24 and the PTO balance falls below the maximum.

  • Accruals must be measured against known consumption and contract information where available.

  • Accruals are based on full time years of service to the District, including time when the District was part of the City of Redmond.


More Definitions of Accruals

Accruals means: (i) any accrued but unpaid Base Salary and accrued but unpaid vacation pay through to the date of termination of employment of the Executive; (ii) benefits accrued and earned by the Executive through to the date of termination (if any) in accordance with the applicable plans and programs of the Corporation; and (iii) any business expenses incurred by the Executive in accordance with the provisions hereof, but not yet paid as of the date of termination, less all appropriate withholdings required by law; and
Accruals means: (i) any accrued but unpaid Base Salary and accrued but unpaid vacation pay through to the date of termination of employment of the Vice President; (ii) benefits accrued and earned by the Vice President through to the date of termination (if any) in accordance with the applicable plans and programs of the Corporation; and (iii) any business expenses incurred by the Vice President in accordance with the provisions hereof, but not yet paid as of the date of termination, less all appropriate withholdings required by law; and
Accruals means recording of charges and credits for work performed and goods received but not booked at the end of the accounting period, regardless of whether invoices or credits have been received.
Accruals has the meaning given to it in the Holding Period Trust Deed. "ADGM" means the Abu Dhabi Global Market, Abu Dhabi, UAE.
Accruals all amounts received by the Seller prior to the Completion Date but in respect of a period after the Completion Date or in respect of goods and services to be supplied by the Seller after the Completion Date and excluding any such amounts relating to the Excluded Assets; "BOOK DEBTS" the debts and other amounts owing to the Seller at the Completion Date in respect of the Business;
Accruals means an amount equal to the result of the following, without duplication, as of the Closing Date, but in each case only to the extent included in the Acquired Assets transferred to (and, in the case of clauses (i) and (j) below, Assumed Liabilities assumed by) the Purchaser on the Closing Date: (a) the amount of Advances outstanding with respect to Servicing Agreements, (b) plus unpaid (accreted) principal balance of, and accrued and unpaid interest on, the Purchased Loans (including any outstanding construction loan draws), (c) plus accrued and unpaid Servicing Fees, (d) plus accrued and unpaid Ancillary Income (including Advance Interest but excluding late charges), (e) plus prepaid expenses on Purchased Contracts assigned to the Purchaser, (f) plus security deposits funded by the Sellers for the Purchased Real Property Leases, (g) plus accounts receivable, (h) plus accrued and unpaid placement fees (interest float) due to the Sellers with respect to Custodial Accounts and other accounts transferred to the Purchaser by the Sellers, (i) minus good faith deposits and similar deposits of potential borrowers held by the Sellers in respect of Pipeline Transactions, (j) minus earned and unpaid commissions related to the Purchased Loans due to any Hired Employee; each of the foregoing shall be calculated consistent with the June proforma estimates of such amounts set forth on Schedule 1.1(vii).
Accruals means the Assumed PTO, Assumed Pre-Closing Benefit Plan Liabilities, Assumed Accrued Bonuses, and Other Accruals.