Accrued Arrears definition

Accrued Arrears means, in respect of any Mortgage, the amount of all sums which have accrued as due and payable by the Borrower in respect of such Mortgage in respect of the period up to but excluding the relevant Purchase Date and which remain due and payable at the relevant Purchase Date (provided that the principal moneys payable under any such Mortgage shall not be deemed to be due for the purpose of this paragraph merely because the legal date for redemption of the relevant Mortgage has passed as at the relevant Purchase Date).
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Accrued Arrears means any amount mentioned in section 53(4)(a) of the Act or any interest or other charge (however described) on that amount;
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Examples of Accrued Arrears in a sentence

  • Newly Accrued Arrears A negative balance of €2,630,469 was noted in the ‘Newly Accrued Arrears plus Adjustments’ column in the ARR.

  • The summary captures the meeting participants’ thoughts and good ideas, organized under the previously established Discussion Framework’s four categories: Prevention; Order Establishment; Early Intervention; and Accrued Arrears Management.

  • Definitions: The following terms are relevant to Accrued Arrears Management.

  • Northeast states implement as many new Accrued Arrears Management techniques as possible and share outcomes.

  • Reimbursements 644,801Net Closing Balance 37,074,216 Newly Accrued Arrears Newly accrued arrears amounted to €34,718,895, out of which an amount of €29,194,177 pertained to excise duties on petroleum products which a company purchased but failed to pay during 2014.

  • Newly Accrued Arrears Out of total newly accrued arrears of €524,128, €462,597 were related to ‘Dues to Manufacturing Services Department’ mostly for fuel supplied to a company.

  • Maryland: Type: Arrearage Expungement Program Category: Arrears Prevention (X) Accrued Arrears Management (X) Goal: The goal of the program is to encourage obligors to pay their current support obligations by addressing one of the barriers to payment of current support: large child support arrears.

Related to Accrued Arrears

  • Accrued Amounts means:

  • Accrued Obligations are (i) Executive’s accrued but unpaid salary through the date of termination, (ii) any unreimbursed business expenses incurred by Executive payable in accordance with the Company’s standard expense reimbursement policies, and (iii) benefits owed to Executive under any qualified retirement plan or health and welfare benefit plan in which Executive was a participant in accordance with applicable law and the provisions of such plan.

  • Qualifying Termination means a termination of Executive’s employment (i) by the Company other than for Cause or (ii) by Executive for Good Reason. Termination of Executive’s employment on account of death, Disability or Retirement shall not be treated as a Qualifying Termination.

  • Date of Termination means the date of receipt of the Notice of Termination or any later date specified therein, as the case may be; provided, however, that (i) if the Executive's employment is terminated by the Company other than for Cause or Disability, the Date of Termination shall be the date on which the Company notifies the Executive of such termination and (ii) if the Executive's employment is terminated by reason of death or Disability, the Date of Termination shall be the date of death of the Executive or the Disability Effective Date, as the case may be.

  • Severance Payment means any amount paid by a board to or in behalf of a superintendent on early termination of the superinten- dent’s contract that exceeds the amount earned by the superinten- dent under the contract as of the date of termination, including any amount that exceeds the amount of earned standard salary and benefits that is paid as a condition of early termination of the con- tract. Payments to a former superintendent who remains employed by a district in another capacity or contracts with a district to pro- vide the district services may be severance payments in whole or in part if the payments are compensation for the early termination of a prior employment agreement. Severance payments include any payment for actual or threatened litigation involving or related to the employment contract. Education Code 11.201(c); 19 TAC 105.1021(a)(1)

  • Accrued Professional Compensation means, at any given moment, all accrued, contingent and/or unpaid fees and expenses (including, without limitation, success fees) for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under section 328, 330(a) or 331 of the Bankruptcy Code and were rendered before the Effective Date by any Retained Professional in the Chapter 11 Cases, or that are awardable and allowable under section 503 of the Bankruptcy Code, that have not been denied by a Final Order, all to the extent that any such fees and expenses have not been previously paid (regardless of whether a fee application has been filed for any such amount). To the extent that the Bankruptcy Court or any higher court denies or reduces by a Final Order any amount of a Retained Professional’s fees or expenses, then those reduced or denied amounts shall no longer constitute Accrued Professional Compensation.

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.