Initial Liability Amount definition

Initial Liability Amount. Daily: $217,000 Total Base Liability Amount: Daily: $310,310
Initial Liability Amount means $10.8 million;
Initial Liability Amount. The value is determined by adding together the per gallon assessment and the per day assessment. For this case, the total is $147,616 + $2,000 for a total initial liability amount of $149,616.

Examples of Initial Liability Amount in a sentence

  • The Total Base Liability is determined by applying the adjustment factors from Step 4 to the Initial Liability Amount determined in Step 2.

  • The Total Base Liability is determined by applying the adjustment factors from Step 4 to the Initial Liability Amount.

  • The Per Gallon Assessment and the Per Day Assessment are added together to become the Initial Liability Amount for Violation 2.

  • The Total Base Liability amount for the violation is calculated by multiplying the Initial Liability Amount by the adjustment factors for the alleged violation (Initial Liability Amount) x (Culpability) x (Cleanup/Cooperation) x (History of Violations).

  • The Total Base Liability Amount for the violation is calculated by multiplying the Initial Liability Amount by the adjustment factors for the alleged violations (Initial Liability Amount) x (Culpability) x (Cleanup/Cooperation) x (History of Violations).

  • The Total Base Liability Amount for the violation is calculated by multiplying the Initial Liability Amount by the adjustment factors for the alleged violation (Initial Liability Amount) x (Culpability) x (Cleanup/Cooperation) x (History of Violations).

  • Step 3 Per Day Assessments for Non-Discharge Violations Potential for Harm – Moderate Deviation from Requirement – Major Per Day Factor for Non- Discharge Violation – 0.55 Initial Liability Amount – $206,250 The per day assessment for non-discharge violations considers potential for harm and the extent of deviation from applicable requirements.

  • The Total Base Liability is determined by applying the adjustment factors from Step 4 to the Initial Liability Amount determined in Step 2 for discharge violations and in Step 3 for non- discharge violations.

  • The Total Base Liability is determined by applying the adjustment factors from Step 4 to the Total Initial Liability Amount determined in Step 3.

  • The Total Base Liability is determined by applying the adjustment factors from Step 4 to the Initial Liability Amount determined in Step 3.


More Definitions of Initial Liability Amount

Initial Liability Amount. The value is determined by the per day assessment for a total initial liability amount of $15,000.