Sentences with phrase «accrued on that day of the month»

If the account falls below $ 5,000 any day of the month, no dividends are accrued on that day of the month.

Not exact matches

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

IB accrues interest on a daily basis and posts actual interest monthly on the third business day of the following month.

Interest accrues and is payable on a daily basis, and IB posts actual interest monthly on the 3rd business day of the following month.

It is accrued daily and is paid monthly on the last business day of the month.

Interest accrues and is payable on a daily basis, and Interactive Brokers posts actual interest monthly on the 3rd business day of the following month.

A TIPS accrues interest from the 15th of the month and is issued on the last business day of the month.

30 - day Standardized Yield (for non-money market funds) is the fund's net income per share (dividends minus accrued expenses) for the 30 - day period ending on the last day of the month, divided by the maximum offering price on that day (annualized).

When the last calendar day of the month takes place on the weekend, weekend observations will occur as a result of month ending accrued interest adjustments.

If you receive enough tickets to accrue 12 points on your license in 12 months, you will end up with a 30 - day suspension of your license.