AY definition

AY means the Accrual Yield expressed as a decimal; and

AY means the Accrual Yield; and

AY means the Accrual Yield expressed as a decimal; and y is the Day Count Fraction specified in the applicable Final Terms which will be either (i) 30/360 (in which case the numerator will be equal to the number of days (calculated on the basis of a 360-day year consisting of 12 months of 30 days each) from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable and the denominator will be 360) or (ii) Actual/360 (in which case the numerator will be equal to the actual number of days from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable and the denominator will be 360) or (iii) Actual/365 (in which case the numerator will be equal to the actual number of days from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable and the denominator will be 365).

Examples of AY in a sentence

• A faculty member hired with tenure in January of 2017 will have a PTR Date of September PTR Review Cycle – Mid-term Hire AY 2016- 17 Hired 1/16/2017 Hire Date 9/16/2017 Effective Date (based on MOU) 2017-18 1 year 2018-19 2 year 2019-20 3 year 2020-21 4 year 2021-22 5 year – PTR review year 9/16/2022 PTR Increase New Effective Date ALSO start of academic year 1 for the next review cycle 2022-23 Year 1 of 5 9 2017 and will have their first PTR in Academic Year 2021-22.

• Each FTNTT Faculty member who was also a member of the bargaining unit in the 2017- 2018 academic year (“continuing member”) shall receive a salary increment for his/her appointment for AY 2018-2019 equal to two percent (2%) of his/her base annual contract salary for the 2017-2018 academic year.

• The term of this AGREEMENT shall extend from the 1st day of September 2020 through the 31st day of August 2023 and may be automatically renewed annually for Academic Year (AY) 2023- 24 and AY 2024-25 as provided herein, unless amended or cancelled.

• Each FTNTT Faculty member who was also a member of the bargaining unit in the 2015- 2016 academic year ("continuing member") shall receive a salary increment for his/her appointment for AY 2016-2017 equal to three (3% ) of his/her base annual contract salary for the 2015-2016 academic year.

• For the purpose of this agreement, each Academic Year (AY) shall begin on the first day of September of each year during the contract term and end on the 31st day of August of each year of the contract term Pursuant to the MOU entered into between the Parties, the terms and conditions of this AGREEMENT shall apply to the transit services undertaken and provided on and after September 1, 2020 as part of the services for AY 2020 provided hereunder.

More Definitions of AY

AY means the Accrual Yield (as specified in the applicable Final Terms) expressed as a decimal; and

AY means the Accrual Yield expressed as a decimal, as set forth in the applicable Final Terms; and

AY means the Accrual Yield expressed as a decimal; and y is the Day Count Fraction specified in the applicable Final Terms which will be either (i) 30/360 (in which case the numerator will be equal to the number of days (calculated on the basis of a 360-day year consisting of 12 months of 30 days each) from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable and the denominator will be 360 or (ii) Actual/360 (in which case the numerator will be equal to the actual number of days from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable and the denominator will be 360) or (iii) Actual/365 (in which case the numerator will be equal to the actual number of days from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable and the denominator will be 365).

AY means the Accrual Yield expressed as a decimal; and y is a fraction the numerator of which is equal to the number of days (calculated on the basis of a 360-day year consisting of 12 months of 30 days each) from (and including) the Issue Date of the first Tranche of the Notes to (but excluding) the date fixed for redemption or (as the case may be) the date upon which such Note becomes due and repayable and the denominator of which is 360, or on such other calculation basis as may be specified in the applicable Final Terms.

AY means the Accrual Yield expressed as a decimal specified in the applicable Final Terms; and

AY means [Amortisation Yield expressed as a decimal]; and

AY is the Assembly Yield;