Independence of penalties from administrative sanctions. The penalties foreseen in this FINANCING CONTRACT and its annexes, have different nature from the administrative sanctions that OSIPTEL, FITEL or any other public organism impose in the exercise of their powers.
Appears in 5 contracts
Samples: Financing Agreement (Gilat Satellite Networks LTD), Financing Agreement (Gilat Satellite Networks LTD), Financing Agreement (Gilat Satellite Networks LTD)
Independence of penalties from administrative sanctions. The penalties foreseen in this FINANCING CONTRACT and its annexes, annexes have different nature from the administrative sanctions that OSIPTEL, FITEL or any other public organism impose in the exercise of their powers.
Appears in 2 contracts
Samples: Financing Agreement, Financing Agreement