Days Accrued definition

Days Accrued means, in relation to each Interest Period, the number of calendar days in such Interest Period at which the Range Accrual Reference Rate is (i) equal or greater than the Lower Range and (ii) equal or less than the Upper Range.
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Days Accrued means the number of accrual days in the relevant
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Days Accrued means, in relation to an Interest Period, the number of calendar days in such Interest Period in respect of which both:
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Examples of Days Accrued in a sentence

  • Vacation entitlement shall be as follows: 12-month/8 hour Employees Days Accrued Monthly Accrual First year Entitlement Two Year Entitlement 1 month through9 years 15 days 10.00 hours 120.00 hours 240.00 hours 10 years through14 years 20 days 13.34 hours 160.08 hours 320.16 hours 15 years and above 25 days 16.67 hours 200.04 hours 400.08 hours NOTE: Your vacation balance is included in your monthly pay stub.

  • A Full-Time Employee shall receive an annual vacation with pay in accordance with his years of employment at the following rates: Completed Years of Employment Annual Vacation Days Accrued Percentage of Annual Gross Earnings Less than 1 12 4.6% 1st year to 6th year 15 6% 7th year to 13th year 20 8% 14th year 25 10% On the anniversary of the 15th year of employment, one day is added for each year in excess of 14 years.

  • All employees shall accrue vacation according to the following schedule: Accrual Rate for Regular Vacation Days Accrued Full-time Employees: Per Year - Per Month 1.

  • Each full-time and part-time employee of the Town shall earn vacation at the following schedule, prorated by the average number of hours in the workweek (Section 16): Years of Service Days Accrued Per Year 0 - 1 102 - 5 125 - 10 1510 - 15 1815 - 20 2020 plus years 21 Vacation should be accrued in each payroll based on the formula outlined in Section 16 of this Article.

  • PSS employees accrue vacation leave as follows, based on full-time status1: Years of Qualifying ServiceApproximate Vacation Days Accrued Per YearLess than 10SMG members and MSP accrue vacation leave as follows: Years of Qualifying ServiceApproximate Vacation Days Accrued Per YearLess than 5 A month on pay status at one-half time or more is counted as a month of qualifying service, and a quadriweekly cycle on pay status at one-half time or more is counted as a quadriweekly cycle of qualifying service.

  • Continuous Years Worked Days Accrued per Month Year Maximum Accrual 0 thru 1 1 day 12* 6 thru 10 1 1/2 days 18 38 11 thru 15 1 3/4 days 21 44 15 plus 2 days 24 50 1 1/4 days = 10 hours; 1 1/2 days = 12 hours 1 3/4 days = 14 hours; 2 days = 16 hours Employees in their first year of service accrue annual leave and may utilize any accrued annual leave as soon as it is accrued.

  • Personal Leave will be accrued as follows: Days Accrued Annually Hours Accrued Annually Maximum Accrual 1 - 5 YEARS 20 160 520 5 - 10 YEARS 25 200 520 10 - 15 YEARS 30 240 520 15-19 YEARS 33 264 520 20+ YEARS 34 272 520 All leave time is accrued on a monthly basis when the employee is on paid status.

  • Months of Service (Service Tier) Maximum PTO Days Accrued Per Year (to 8 hour days) Maximum PTO Accrued Hours Per Pay Period (up to 80 hours taken into account) PTO Maximum Accrued Hours Per Year (up to 2,080 hours taken into account) PTO Bank Maximum Hours Program B nurses may receive and use drop-in PTO in accordance with the hospital policy on Paid Time Off — Program B.

  • Maximum Days Accrued Per Year To Be Used in the Following Year 6.

  • Employees earn PTO benefits according to the following accrual schedule: Years Of ServiceNumber of Days Accrued Per Year0-5 YearsOne day of PTO shall equal eight (8) hours for full-time employees.

Related to Days Accrued

  • Accrued Day(s) Off means the paid day(s) off accruing to an employee resulting from an entitlement to the 38 hour week as prescribed in Clause 6. - Hours of this award.

  • accrued is used in its accounting sense, i.e., an amount paid is no longer accrued. In the calculation of amounts of things, differences and sums may generally result in negative numbers, but when the calculation of the excess of one thing over another results in zero or a negative number, the calculation is disregarded and an "excess" does not exist. Portions of things may be expressed as fractions or percentages interchangeably.

  • Compensation Accrued at Termination means the following:

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Return Accumulation Period means the period from (and including) a Periodic Distribution Date (or, in the case of the first Return Accumulation Period, the Issue Date) to (but excluding) the next (or, in the case of the first Return Accumulation Period, the first) Periodic Distribution Date;

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Unused means the Insured’s financial Loss of any whole, partial or prorated prepaid nonrefundable components of a Trip that are not depleted or exhausted, including award travel expenses.

  • Interest Accrual Date means with respect to any Security, the date the Company accepts funds for the purchase of the Security if such funds are received by 3:00 p.m. (EDT) on a Business Day, or if such funds are not so received, on the next Business Day.

  • Accrual Termination Date Not applicable.

  • Vacation means annual vacation with pay.

  • Scheduled Termination Date means the date which is 364 days after the date of this Agreement or such later date specified by the Standby Redraw Facility Provider pursuant to clause 2.3.

  • unpaid A Debt which has not been fully paid;

  • Payment Period means the three months following each Collection Quarter.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • for any Payment Date means any Mortgage Loan in respect of which the Master Servicer has determined, in accordance with the servicing procedures specified in this Agreement, as of the end of the related Collection Period, that all Liquidation Proceeds which it expects to recover with respect to the disposition of the Mortgage Loan or the related REO have been recovered.

  • Accrued Note Interest means, for a Class and a Payment Date, the sum of the Note Monthly Interest and the Note Interest Shortfall.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Damages Accrual Period has the meaning set forth in Section 2(e) hereof.

  • Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Accrual Date With respect to any Series or Class of Certificates, the date upon which interest begins accruing on the Certificates of such Series or Class, which shall be specified in the related Pooling and Servicing Agreement.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Accrued income means the sum of:

  • Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis.