Non-compliance penalties for Sample Clauses

Non-compliance penalties for. Job Creation a) Breach of job creation obligations provides Transnet cause to terminate the contract in certain cases where there is a material Non-compliance. b) If the Supplier/Service Provider fails to achieve its job creation commitments as per their bid submission (“a Non-Compliance”), the Supplier/Service Provider shall pay a Non- Compliance penalty (“Non-compliance Penalty”) to Transnet in respect of such Non- compliance. c) Such penalty shall be calculated based on the difference between the committed and delivered jobs. For every job not created, a penalty of 2% of the contract value will be applied.
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Non-compliance penalties for. SUBCONTRACTING a) Breach of subcontracting obligations provides Transnet cause to terminate the contract in certain cases where there is a material Non-compliance. b) If the Supplier/Service Provider fails to achieve its subcontracting commitments as per their bid submission (“a Non-Compliance”), the Supplier/Service Provider shall pay a Non-Compliance penalty (“Non-compliance Penalty”) to Transnet in respect of such Non- compliance. c) Such penalty shall be calculated based on the difference in value between the committed and delivered subcontracting value (i.e. 100% of the undelivered subcontracting value) plus an additional 10% (ten per cent) of such difference.
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Non-compliance penalties for. SUBCONTRACTING
Sample 1

Related to Non-compliance penalties for

  • Payment of Non-compliance Penalties Subject to Clause (i) above, the Service Provider shall pay the Non-compliance Penalty indicated in the Non-compliance Penalty Certificate within 10 (ten) Business Days of Transnet issuing a valid Tax Invoice to the Service Provider for the amount set out in that certificate. If Transnet does not issue a valid Tax Invoice to the Service Provider for Non-compliance Penalties accrued during any relevant period, those Non-compliance Penalties shall be carried forward to the next period.

  • CEQA Compliance The District has complied with all assessment requirements imposed upon it by the California Environmental Quality Act (Public Resource Code Section 21000 et seq. (“CEQA”) in connection with the Project, and no further environmental review of the Project is necessary pursuant to CEQA before the construction of the Project may commence.

  • HIPAA Compliance If this Contract involves services, activities or products subject to the Health Insurance Portability and Accountability Act of 1996 (HIPAA), the Contractor covenants that it will appropriately safeguard Protected Health Information (defined in 45 CFR 160.103), and agrees that it is subject to, and shall comply with, the provisions of 45 CFR 164 Subpart E regarding use and disclosure of Protected Health Information.

  • GAAP Compliance Contractor maintains an adequate system of accounting and internal controls that meets Generally Accepted Accounting Principles.

  • Non-compliance Penalty Certificate If any Non-compliance Penalty arises, the Supplier Development Manager shall issue a Non- compliance Penalty Certificate on the last day of each month during such Non-compliance indicating the Non-compliance Penalties which have accrued during that period.

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