Common use of Offense Level Clause in Contracts

Offense Level. Based on USSG § 2B1.1, the total offense level is 35, circumstances, it will recommend to the Court that any amount paid under this Agreement should be offset against any fine the Court imposes as part of a future judgment. The Company further acknowledges that no tax deduction may be sought in connection with the payment of any part of this $115,000,000 penalty. The Company shall not seek or accept directly or indirectly reimbursement or indemnification from any source outside the Company, its subsidiaries and majority-owned, operationally-controlled affiliates with regard to the penalty amounts that the Company pays pursuant to this Agreement or any other agreement entered into with an enforcement authority or regulator concerning the conduct described in the Statement of Facts.

Appears in 4 contracts

Samples: Deferred Prosecution Agreement, Deferred Prosecution Agreement, Deferred Prosecution Agreement

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