Common use of Administrative Penalty Clause in Contracts

Administrative Penalty. That ACI shall pay an Administrative Penalty of $9,509,999.84 to be distributed equally among each Participating State (each Participating State will receive payment of $216,136.36 (the “per-state payment”)). ACI shall pay the total Administrative Penalty amount within twenty (20) calendar days following the receipt of payment instructions, by paying each Participating State the per-state payment by the means designated by each State.

Appears in 4 contracts

Samples: Settlement Agreement and Consent Order, Settlement Agreement and Consent, Settlement Agreement and Consent

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