Penalty Provisions. Failure to comply with the regulatory requirements is a violation of state law that may result in penalties up to ten thousand dollars ($10,000.00 USD) for strict liability violations, for each day in which the violation occurs. (Cal. Code Regs., tit. 13, § 2299.2; Cal. Code Regs., tit. 17, § 93118.2; Health & Saf. Code §§ 39674, 39675, 42400 et seq., 42402 et seq., and 42410.)
Penalty Provisions. Failure to comply with the regulatory requirements is a violation of state law that may result in penalties up to thirty-seven thousand, five hundred dollars ($37,500) for each strict liability violation of the PSIP Regulation. (Health & Saf. Code, § 43016; Cal. Code Regs., tit.13, § 2190 et seq.)
Penalty Provisions. Failure to comply with the regulatory requirements is a violation of state law. This is considered a strict liability violation and the per vehicle penalty in this case is $45,563.00 USD, as specified in Health and Safety Code, section 43016 (Cal. Code Regs., tit. 13, § 2025; Health & Saf. Code § 43016.)
Penalty Provisions. Where the Company fails to submit a premium in accordance with the above- mentioned, the Company shall be notified by the Union by registered mail to the General Manager of its failure to do so. Failure to comply with the Health and Welfare provisions within fourteen (14) days of receipt of such notification, the Company will assume responsibility for all medical costs and benefits as provided for by the Health and Welfare Policy then in effect for each employee for which a premium has not been paid.
Penalty Provisions. Failure to comply with the regulatory requirements is a violation of state law that may result in penalties up to thirty-five thousand dollars ($35,000.00 USD) for strict liability violations; and twenty-five thousand dollars ($25,000.00 USD) for entering false information, failing to keep any document, respectively, for each day in which the violation occurs; and $1,000.00 per deficit. (Cal. Code Regs., tit. 17, § 95494; Health & Saf. Code §§ 38580, 42400 et seq., 42402 et seq., 43027, and 42410.)
Penalty Provisions. Failure to comply with the regulatory requirements is a violation of state law that may result in penalties up to five hundred forty-three dollars ($543), when adjusted for inflation, per unit for each strict liability violation of the Evaporative Emissions Regulation or SORE Regulation, respectively, for each day in which the violation(s) occurs. (Cal. Code Regs., tit.13, §§ 2407, 2772; Health & Saf. Code § 43016.)
Penalty Provisions. Failure to comply with the Off-Road Regulation’s requirements is a violation of State law that may result in penalties of up to forty thousand, seven hundred twenty-five dollars ($40,725), adjusted for inflation, per violation for strict liability violations (Health & Saf. Code §§ 39674, 39675, 42400 et seq., 42402 et seq., 42410, and 43016; Cal. Code Regs., tit.13, § 2449.)
Penalty Provisions. The law provides for a penalty to be imposed where taxpayers make a substantial understatement of their tax liability. For individual taxpayers, asubstantial understatement exists when the understatement for the year exceeds the greater of 10 percent of the tax required to be shown on the return, or $5,000. The penalty is 20 percent of the tax underpayment. Taxpayers may seek to avoid all or partof the penalty by showing (1) that they acted in good faith and there was reasonable cause for the understatement, (2) that the understatement was based on substantial authority, or (3) that the relevant facts affecting the item’s tax treatment were adequately disclosed on the return. You agree to advise us if you wish disclosure to be made in yourreturns or if you desire us to identify or perform further research with respect to any material tax issues for the purposes of ascertaining whether, in our opinion, there is “substantial authority” for the position proposed to be taken on such issues in your returns.
Penalty Provisions. (a) The Secretary may impose a civil monetary penalty on a Manufacturer that fails to pay applicable discounts under the Agreement. For purposes of this Agreement, the Manufacturer will have failed to pay applicable discounts if payment has not been transmitted within 38 calendar days of receipt of the applicable invoice for each identified Part D sponsor. The amount for each such failure is the amount the Secretary determines is commensurate with the sum of the amount that the Manufacturer would have paid with respect to such discounts under the Agreement, which will then be used to pay the applicable discounts which the Manufacturer failed to provide, plus an additional 25 percent of the amount the Manufacturer would have paid with respect to such discounts under the agreement.
(b) The provisions of section 1128A of the Act (other than subsections (a) and (b)) shall apply to a civil money penalty in the same manner as such provisions apply to a penalty or proceeding under section 1128A(a) of the Act.
Penalty Provisions. (i) If the Company does not file a Shelf Registration Statement registering the resale of the Registrable Shares with the Commission by the deadline set forth in Section 2(a), as applicable, other than as a result of the Commission being unable to accept such filings, dividends on the outstanding Common Stock, payable only in additional Common Stock (the “Special Dividends”), shall accrue and be payable in accordance with the Company Charter and Section 2(h).
(ii) If the Shelf Registration Statement is not effective and the Common Stock is not listed and trading on a National Securities Exchange by the deadline set forth in Section 2(a) or Section 2(b)(iii), as applicable, then the Special Dividends shall accrue and be payable in accordance with Company Charter and Section 2(h).
(iii) If a registration statement registering shares of Common Stock with the Commission is not effective and the Common Stock is not listed and trading on a National Securities Exchange by November 30, 2020, then the Company shall obtain a valuation analysis of the Company’s net asset value from an independent third-party valuation firm (which, for the avoidance of doubt, shall not constitute an appraisal) by December 31, 2020, and shall issue a report to the Company’s stockholders disclosing the results of such analysis.
(iv) No equity incentive award granted to Xxxx Xxxxxxxxx or Xxxx Xxxxxxx pursuant to the Company’s 2019 Omnibus Incentive Compensation Plan shall vest or be exercisable (and no forfeiture restrictions applicable to any such award shall lapse) until such time as the Shelf Registration Statement is effective and the Common Stock is listed on a National Securities Exchange. In addition, the Company will not issue any shares of Common Stock under the Company’s 2019 Omnibus Incentive Compensation Plan that will vest or be exercisable (and no forfeiture restrictions applicable to any such award shall lapse) until such time as the Shelf Registration Statement is effective and the Common Stock is listed on a National Securities Exchange.
