FINANCIAL PENALTIES definition

FINANCIAL PENALTIES means penalties to be paid by the CONTRACTOR to GoM, through adjustments in payments by GoM to the CONTRACTOR or otherwise, upon issuance by GoM of a DEFAULT NOTICE.
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FINANCIAL PENALTIES means penalties to be paid by the CONTRACTOR to QIE, through adjustments in payments by QIE to the CONTRACTOR or otherwise, upon issuance by QIE of a DEFAULT NOTICE.
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FINANCIAL PENALTIES means and includes the withholding of grants, expenses, (including reimbursement of expenses) and other benefits such as equipment.
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Examples of FINANCIAL PENALTIES in a sentence

  • IF FAILURE TO DO SO RESULTS IN FINES, SURCHARGES, CLAIMS, FINANCIAL DEMANDS OR OTHER FINANCIAL PENALTIES BEING IMPOSED ON US, YOU WILL BE RESPONSIBLE FOR INDEMNIFYING AND REIMBURSING US ACCORDINGLY.

  • PERITUS'S SOLE LIABILITY AND BULL'S SOLE REMEDY FOR FAILURE TO MEET THE REPRESENTATIONS AND WARRANTIES IS FOR PERITUS TO REMEDY ANY DEFECTS AS PROVIDED IN SECTION 3, THE IMPOSITION OF FINANCIAL PENALTIES, AS MAY BE APPLICABLE, AS PROVIDED IN SECTION 10, AND TERMINATION FOR CAUSE AS PROVIDED IN SUBSECTION 2.

  • ANY EMPLOYEE FAILING TO DO SO MAY BE SUBJECT TO SUCH DISCIPLINARY ACTION, INCLUDING FINANCIAL PENALTIES AND TERMINATION OF EMPLOYMENT, AS DETERMINED BY THE CODE OF ETHICS OVERSIGHT COMMITTEE OR THE CHIEF EXECUTIVE OFFICER OF ▇▇▇▇▇▇ INVESTMENTS.


More Definitions of FINANCIAL PENALTIES

FINANCIAL PENALTIES. If in a relevant time stipulated for the execution of the project is due and INTI can not finish his obligation, INTI will suffer a fine of 1% per day from a total amount of SUB RING price, with a maximum fine will be triggered to INTI, 5% from the total price of SUB RING.
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Related to FINANCIAL PENALTIES

  • PAGA Penalties means the total amount of PAGA civil penalties to be paid from the Gross Settlement Amount, allocated seventy-five percent (75%) to the LWDA and the twenty-five percent (25%) to the Aggrieved Employees in settlement of PAGA claims.

  • CAISO Penalties means any fees, liabilities, assessments, or similar charges assessed by the CAISO for (a) violation of the CAISO Tariff and all applicable protocols, WECC rules or CAISO operating instructions or orders or (b) as a result of Seller’s failure to follow Prudent Electrical Practices. “CAISO Penalties” do not include the costs and charges related to Scheduling and imbalances as addressed in Section 14.1 of this Agreement.

  • Statutory Penalties are those amounts awarded as a penalty, but are fixed in amount by statute.

  • Published Penalties means any additional published cancellation penalties levied by Your travel agency or Travel Supplier that apply to all clients of the travel agency or Travel Supplier and can be documented at time of Your purchase of Travel Arrangements from Your travel agency. The maximum amount reimbursable for travel agency published penalties is 25% of the total trip cost excluding taxes and other non-commissionable items.

  • Administrative penalty means a monetary fine imposed by the division for acts or