Financial Sanction definition

Financial Sanction means a specified amount to be paid by a broad- caster for a breach by the broadcaster as directed by the Court under section 55(1) or the Authority under section 55(3);
Financial Sanction. - means the sanction of Government or of an authority to which power has been delegated, to expenditure of public money for a specified purpose, and is subject to appropriation of funds.
Financial Sanction means the reduction of an amount paid to a PO or Practice (without the opportunity for payment recovery).

Examples of Financial Sanction in a sentence

  • To acknowledge and adhere to the HealthChoice Financial Sanction Policy, as outlined in Appendix I.

  • Financial liability imposed in accordance with law as an alternative to a criminal proceeding, including an administrative penalty according to the Administrative Offenses Law 5746-1985, fine for an offense that has been determined as a fineable offense in accordance with the provisions of the Criminal Procedure Law, Financial Sanction or Indemnity.

  • File giving reference to Financial Sanction and approval of competent administrative authority-Preliminary estimated.

  • For the avoidance of doubt any valid licence from the Office of Financial Sanction Implementation or similar authorised regulatory body shall have no bearing on this insurance, and this Policy will consider the sanction, prohibition or restriction to remain in force.

  • Review of RKS resolutions and list obtained from district health authority showed that a number of projects essential for smooth running of the DHs were either not approved or not completed since long as detailed in Appendix 2.1.10.It could be seen that a number of projects were not even approved as on date of audit and received the Administrative Approval and Financial Sanction (AAFS) of the Health Directorate.


More Definitions of Financial Sanction

Financial Sanction means sanction of expenditure for the purposes specified in column 2 of the Second Schedule of these rules by the authorities mentioned in column 3 and to the extent specified in column 4 thereof. In other cases, where financial sanction is beyond the powers of sanctioning authorities or where it is not delegated to any authority, “Financial Sanction” means sanction of expenditure accorded by Administrative Department acting in consultation with Finance Department.
Financial Sanction means funds in an amount corresponding to a financial sanction imposed in the sense of Article 7 (2) of CSDR as a result of the Settlement Failure and paid by the Bank; for this reason, the Client is obliged to compensate the Bank, except for cases where the Transaction Settlement Failure is caused by the Bank as a result of breach of its obligations in connection with the provision of Services concerning the Transactions with Securities under the Contract.
Financial Sanction means any financial punishments or reprimands which the Society may levy on any Service, Club, Independent Student Group, Student Association or any group applying for funding from the Funding Committee (subject to the Societyʼs ability to enforce Financial Sanctions against such a group);
Financial Sanction means a specified amount to be paid by a broad-
Financial Sanction means sanction accorded by the Competent Authority to the expenditure by a separate order or by signature or counter-signatures on bills or proposals.
Financial Sanction means such term as referred to in Section 260(a)(1a) of the Companies Law. The termLitigation Expenses” in this Article ‎82 shall include, without limitation, attorneys’ fees and all other costs, expenses and obligations paid or incurred by an Officer in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to defend, be a witness in or participate in any claim relating to any matter for which indemnification hereunder may be provided;
Financial Sanction means the amount to be paid by an air carrier as ordered by the Court under Regulation 3(4) or specified by the coordinator under Regu- lation 4(2) or (7);