PENALTY POINTS Sample Clauses

PENALTY POINTS. Promptly notify the Agent of the receipt by it of (i) a cumulative total of 10 (or any multiple thereof) Penalty Points in any 12 month period; and (ii) once it has received a cumulative total of 80 or more Penalty Points in any 12 month period, each Penalty Point received by it thereafter;
Sample 1Sample 2
AutoNDA by SimpleDocs
PENALTY POINTS. (a) The Contracting Authority may impose Penalty Points in accordance with the following table in the event of an occurrence of a circumstance or an event in a category as listed in this table. If the Contracting Authority opts to impose Penalty Points, these must be in accordance with and not below the number of points listed in the relevant category. Category Penalty Points:
Sample 1
PENALTY POINTS. 4.1 If the Authority is satisfied that the Service Provider has failed to meet the service standards as required by this agreement (including for lost mileage and quality of service under this Schedule 2, it may issue Penalty Points.
Sample 1

Related to PENALTY POINTS

  • Delivery Points ‌ Project water made available to the Agency pursuant to Article 6 shall be delivered to the Agency by the State at the delivery structures established in accordance with Article 10.

  • STORAGE TANKS AND SUMPS 3.1 Is any above or below ground storage of gasoline, diesel, petroleum, or other Hazardous Materials in tanks or sumps proposed in, on or about the Premises? Existing Tenants should describe any such actual or proposed activities. Yes [ ] No [ ] If yes, please explain:

  • Delivery Point (a) All Energy shall be Delivered hereunder by Seller to Buyer at the Delivery Point. Seller shall be responsible for the costs of delivering its Energy to the Delivery Point consistent with all standards and requirements set forth by the FERC, ISO-NE, the Interconnecting Utility and any other applicable Governmental Entity and any applicable tariff.

  • Remittance Processing Services In order to provide a means of collection of the Receivables which will allow the Trustee to receive the proceeds of the Receivables and related security without AmeriCredit or its Affiliates having access to the funds, the parties hereto agree for the benefit of the Trustee that the processing services (the “Service(s)”) of Processor will be used for the collection and the deposit of remittances related to the Receivables and related security.

  • Interest Rates and Letter of Credit Fee Rates Payments and Calculations (a) Interest Rates. Except as provided in Section 2.13(c) and Section 2.15(a), all Obligations (except for the undrawn portion of the face amount of Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to the lesser of (i) the LIBOR Rate plus the Applicable Margin, or (ii) the maximum rate of interest allowed by applicable laws; provided, that following notice to Borrower in accordance with Section 2.15(a) hereof, all Obligations that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal, during the duration of the circumstances described in Section 2.15(a), to the lesser of (A) the Base Rate plus the Applicable Margin as calculated pursuant to Section 2.15(a) or (B) the maximum rate of interest allowable by applicable laws.

Time is Money Join Law Insider Premium to draft better contracts faster.