Annualized definition

Annualized means restating an amount to an annual value. This computation is performed by multiplying an amount applicable to a period of less or greater than three hundred sixty-five (365) days, by a ratio determined by dividing the number of days in the reporting period by three hundred sixty-five (365) days, except in leap years, in which case the divisor shall be three hundred sixty-six (366) days.

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Annualized means (i) with respect to the end of the first Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter multiplied by four, (ii) with respect to the second Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding Fiscal Quarter multiplied by two, and (iii) with respect to the third Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding two Fiscal Quarters multiplied by one and one-third.

Annualized as used herein shall mean the multiplication of the applicable amount for any given period by a fraction, the numerator of which is 365 and the denominator of which is the number of days elapsed in such period.

Examples of Annualized in a sentence

• When appointed to the following special assignments by the Police Chief, an employee shall be paid the hourly amount shown in addition to their base rate of pay: Assignment Annualized Amount* Hourly Payment LEAPS Representative $320 $0.15 E911 Representative $320 $0.15 CPR Instructor $320 $0.15 Training Officer $1,400 $0.67 * Provided for reference only; based on 40 hours/week and rounded Special assignments will be posted.

• Please note the estimated increase factors in the 4.12% pay plan effective June 30, 2024: Fiscal Impact of TA on All Funding Sources (235.04 FTE) Increase in Wages Increase in Fringe Costs1 Total Increase Annualized $934,816 $144,897 $1,079,713 Approximately 54.1% of the amounts listed above would come from general purpose revenue (GPR).

• In recognition of service with the Town, an employee shall be paid the hourly amount shown in addition to their base rate of pay: Length of Service Annualized Amount* Hourly Payment 5 years $125 $0.06 10 years $251 $0.12 15 years $397 $0.19 20 years $606 $0.29 * Provided for reference only; based on 40 hours/week and rounded Part-time employees will receive credit for years of service on the same basis as full-time employees.

• Thus, such Change in Law shall not cause Customer’s annualized payments to exceed the Maximum Annualized Payments.

More Definitions of Annualized

Annualized includible compensation" for the base period is the average annual compensation that was payable by the Company or the Bank and includible by the Employee in gross income for the tax years of the base period (Code Section 280G(d)(1)).

Annualized. The conversion rate or movement on an annual or yearly period

Annualized means (i) with respect to the Fiscal Quarter of Company ending December 31, 1998, the applicable amount for such Fiscal Quarter multiplied by four, (ii) with respect to the Fiscal Quarter of Company ending March 31, 1999, the applicable amount for such Fiscal Quarter and the immediately preceding Fiscal Quarter multiplied by two, and (iii) with respect to the Fiscal Quarter of Company ending June 30, 1999, the applicable amount for such Fiscal Quarter and the immediately preceding two Fiscal Quarters multiplied by one and one-third.

Annualized means an amount paid equally for all hours worked in a calendar year by the worker for the contractor or subcontractor who is providing bona fide fringe benefits.

Annualized means for purposes of calculating Cash Interest Expense, (a) with respect to any amount of Cash Interest Expense attributable to one Fiscal Quarter, such amount multiplied by 4, (b) with respect to any amount of Cash Interest Expense attributable to two Fiscal Quarters, such amount multiplied by 2, and (c) with respect to any amount of Cash Interest Expense attributable to three Fiscal Quarters, such amount divided by 0.75.

Annualized as used herein shall mean the multiplication of the applicable amount for any given period by a fraction, the numerator of which is 365 or 366 (whichever may be the number of days in the applicable year) and the denominator of which is the number of days elapsed in such year.

Annualized means, with respect to any calculation as of any date of determination, (a) if no more than one full Fiscal Quarter has passed since the Closing Date on such date of determination, such calculation performed for the completed Fiscal Quarter multiplied by four (4), (b) if no more than two full Fiscal Quarters have passed since the Closing Date on such date of determination, such calculation performed for the two completed Fiscal Quarters multiplied by two (2), and (c) if no more than three full Fiscal Quarters have passed since the Closing Date on such date of determination, such calculation performed for the three completed Fiscal Quarters multiplied by one and one-third (1⅓).