Example ContractsClausesAccrual Period
Accrual Period
Accrual Period contract clause examples

Accrual. Royalty Fees shall accrue in the Royalty Period when corresponding Net Sales of Licensed Materials are invoiced by [[PolyOne:Organization]] or [[PolyOne:Organization]]’s Affiliate.

Accrual Information. In addition to the other requirements of this Section 6, Tenant shall, no later than the second (2nd) business day of each month until the Tenant Improvements are complete, provide Landlord with an estimate of # the percentage of design and other soft cost work that has been completed, # design and other soft costs spent through the end of the previous month, both from commencement of the Tenant Improvements and solely for the previous month, # the percentage of construction and other hard cost work that has been completed, # construction and other hard costs spent through the end of the previous month, both from commencement of the Tenant Improvements and solely for the previous month, and # the date of Substantial Completion of the Tenant Improvements.

Interest shall be computed on an actual/365 simple interest basis; that is, by multiplying the applicable interest rate, times the outstanding principal balance, times the actual number of days the principal is outstanding and dividing by a year of 365 days.

Payments shall be due and payable monthly in the amount of $24,390.53commencing 11/01/2020 and continuing on Day 03 of each month thereafteruntil maturity. The Loan shall mature two (2) years from the date of this Agreement 05/03/2022, at which time all unpaid principal, accrued interest, and any other unpaid amounts shall be due and payable in full. Unless otherwise agreed, all sums received from Borrower may be applied to interest, fees, principal, or any other amounts due to Lender in any order at Lender's sole discretion.

Contractual Dilution Accrual. Include in each Information Package delivered to Administrative Agent, the Contractual Dilution Accrual for the then outstanding Pool Receivables as of the Cut-Off Date for the prior Settlement Period, including the specific amounts related to each applicable Obligor. The Contractual Dilution Accrual shall be calculated by the Servicer, on behalf of the Seller, in the ordinary course based on the Contractual Dilution then expected to occur with respect to the then outstanding Pool Receivables as reasonably determined by the Servicer. Additionally, the Servicer shall deliver such other information and reports reasonably requested by the Administrative Agent with respect to the Contractual Dilution Accrual, including a comparison of the Contractual Dilution Accrual to the actual Contractual Dilution with respect to prior Settlement Periods, in form and substance reasonably satisfactory to the Administrative Agent.

Accrued and unused leave may be carried over from one year to the next within the following limitations:

Interest Determination Date”: # With respect to the first Interest Accrual Period, the second London Banking Day preceding the Closing Date, and # for each Interest Accrual Period after the first Interest Accrual Period, the second London Banking Day preceding the first day of each Interest Accrual Period.

Interest”: For each Accrual Period and the Advances Outstanding, the sum of the products (for each day during such Accrual Period) of:

Interest”: For each Accrual Period and the Advances Outstanding, the sum of the products (for each day during such Accrual Period) of:

In accordance with the Company's renewed vacation policy, as of the Amendment Effective Date, the Executive shall be entitled to accumulate to his credit an unused balance of the vacation days up to a ceiling that is double the number of annual vacation days that he is entitled to accumulate under the Agreement (the "Ceiling"), provided that he takes at least seven consecutive annual working days' vacation each year. Should the Executive accumulate vacation days exceeding the Ceiling, the exceeding days balance shall be eliminated from the Executive's credit upon the completion of the relevant calendar year.

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.