Maximum Accrual definition

Maximum Accrual has the meaning specified in Section 2.5(c).

Maximum Accrual shall have the meaning assigned thereto in Section 2.25.

Maximum Accrual shall have the meaning set forth in Section 4.04(i).

Examples of Maximum Accrual in a sentence

• Maximum Accrual: PTO accrual maximums are capped as set forth in Table 1 and 2.

• All employees who are entitled to vacation leave may accumulate such leave to the maximum detailed below, which is based on continuous employment: SCHEDULE OF ACCRUAL MAXIMUM Vacation Leave: Annual Accrual: Maximum Accrual: 0 - 5 yrs.

• An Employee may continue to accrue vacation up to the Maximum Accrual shown under the Accrual Schedule section.

• The District may direct the use of vacation leave for persons who have reached the Maximum Accrual Limit and failed to take vacation leave within a reasonable period of time thereafter.

• Vacation accruals may not exceed 2 times an employee’s current annual entitlement (e.g., Maximum Accrual: 40 days for an employee with more than ten years of service.

More Definitions of Maximum Accrual

Maximum Accrual has the meaning set forth in Section 2.11(h).

Maximum Accrual has the meaning set forth in Section 2.03(d).

Maximum Accrual. The maximum number of annual leave hours that an employee can accumulate shall be eight hundred and eighty (880) hours. An employee shall not be entitled to earn and accrue any annual leave hours in excess of the maximum limitations described above.

Maximum Accrual has the meaning set forth in Section 2.1.4 hereof.

Maximum Accrual has the meaning specified in Section 11.01(b).

Maximum Accrual has the meaning set forth in Section 3.2.2 of the Agreement.

Maximum Accrual is an amount equal to the product of the issue price (as defined in Code Sections 1273(b) and 1274(a)) of such Notes and their yield to maturity, and a “Testing Date” is any Interest Payment Date and the date on which any “accrual period” (within the meaning of Section 1272(a)(5) of the Code) closes. Any accrued interest that for any reason has not theretofore been paid shall be paid in full on the date on which the final principal payment on a Note is made.