Non-Compliance Fee definition

Non-Compliance Fee means a daily fee payable by Borrower equal to the greater of (i) $500, or (ii) five one-hundredths of one percent (0.05%) of the outstanding principal balance of the Obligations as of any date of determination.
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Non-Compliance Fee means a fee to be paid by Licensee and/or its Affiliated Companies to LLA in accordance with the classification of Non-Compliance.
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Non-Compliance Fee means an assessment American Express may elect to receive under the Operating Regulations if Service Agent fails to: (a) meet a Performance Standard; (b) comply with certain provisions in this Agreement or the Operating Regulations; or (c) implement a required update to the Operating Regulations.
Sample 1

Examples of Non-Compliance Fee in a sentence

  • The termination fee shall be the sum of the following fees insofar as they are applicable to you: for every remaining full month of the Initial Term, any unpaid Terminal rental Fees (as well as the Terminal Recovery Fee), Fees for the Solution and/or the PCI Non-Compliance Fee.

  • With respect to American Express, in addition to those fees set forth in Schedule A, Merchant shall pay the following fees where applicable: Technical Specifications of Non-Compliance Fee: 0.75% of the face amount of the Charge; Data Quality Fee: 0.75% of the face amount of the Charge.

  • Failing to open for business at the required time, or closing early, shall constitute a violation of this section and a Non-Compliance Fee may be assessed upon the first and subsequent violations.

  • Data Incident Non-Compliance Fee: refer to DSOP for applicable amounts; Data Security Non-Validation Fee: refer to DSOP for applicable amounts; Existing AXP Merchant Access Fee: 0.3% of the face amount of the Charge; Amex Inbound Fee: 0.40% of the face amount of the Charge; Non-swiped Application-initiated Transaction Fee: 0.30% of the face amount of each non-swiped Charge.

  • Tenant(s) shall be charged a Non-Compliance Fee, plus cost of disposal for trash left by Tenant(s) in any area other than the designated trash receptacles.

  • If a student DOES NOT meet the requirements for an exception and moves off campus without authorization, they will be assessed a $5000 Residency Requirement Non-Compliance Fee.

  • The PCI Non-Compliance Fee shall be assessed on a per-location basis, so that multiple locations shall be required to pay a PCI Non-Compliance Fee for any location that is in Non- Compliance.

  • Failure for the concessionaire to complete refurbishment by the required due date unless otherwise approved by the Vice President of Concessions will result in a Non-Compliance Fee as set forth in the Schedule of Charges.

  • The PCI Non-Compliance Fee shall be non-refundable once paid by You, even if compliance is achieved during the month of payment.

  • Members may use this grace period to complete the remaining number of credit hours needed for the compliance year in question, and report the completion of the credit hours to the Director without incurring a penalty or Non-Compliance Fee.

Related to Non-Compliance Fee

  • Labor compliance agreement means an agreement entered into between a contractor or subcontractor and an enforcement agency to address appropriate remedial measures, compliance assistance, steps to resolve issues to increase compliance with the labor laws, or other related matters.

  • Alternative Compliance Payment or "ACP" means a payment of a certain dollar amount per megawatt hour, which a Retail Electricity Supplier may submit in lieu of supplying the minimum percentage of RECs required under Section 3.3.4 of this Regulation.

  • Compliance Costs means all expenses, commitments or obligations in excess of one million dollars ($1,000,000) incurred by Carrier or required to be incurred by Carrier to comply with a Change in Law, irrespective of whether such expenses, commitments or obligations are to be incurred as a one-time expenditure or periodically for an extended period.

  • Compliance agreement means a written agreement between a person and the Commissioner to achieve compliance with this quarantine.

  • Compliance Report means, as applicable in relation to the test being conducted, a report containing the results of the Compliance Tests carried out by State Street.

  • Compliance Date means, in each case, the date by which compliance is required under the referenced provision of ARRA’s or HIPAA’s implementing regulations, as applicable.

  • major non-compliance outcome notification means a notification received by a council under section 19N(3) or (4) of the Food Act 1984, or advice given to council by an authorized officer under that Act, of a deficiency that does not pose an immediate serious threat to public health but may do so if no remedial action is taken

  • Covenant Compliance Worksheet means a fully completed worksheet in the form of Attachment A to Exhibit C.

  • Compliance Review means an inspection of the home, grounds, and files to determine compliance with these regulations.

  • Non-Compliance means failure/refusal to comply the terms and conditions of the tender;

  • Repeat compliance period means any subsequent compliance period after the initial compliance period.

  • Initial compliance period means the three-year compliance period that begins January 1, 1993, except for the MCLs for dichloromethane, 1,2,4-trichlorobenzene, 1,1,2-trichloroethane, benzo(a)pyrene, dalapon, di(2-ethylhexyl)adipate, di(2-ethyl- hexyl)phthalate, dinoseb, diquat, endothall, endrin, glyphosate, hexachlorobenzene, hexachlorocyclopentadiene, oxamyl, picloram, simazine, 2,3,7,8-TCDD, antimony, beryllium, cyanide, nickel, and thallium, as they apply to a supplier whose system has fewer than 150 service connections, for which it means the three-year compliance period that began on January 1, 1996.

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.

  • Compliance schedule means a schedule of events, by date, which will result in compliance with these regulations.

  • Compliance year means the calendar year beginning with June 1 and ending with May 31 of the following year, for which a Retail Electricity Supplier must demonstrate that it has met the requirements of this Regulation.

  • Covenant Compliance Certificate means a properly completed and executed Covenant Compliance Certificate substantially in the form of Exhibit X hereto.

  • Covenant Compliance Event means, at any time, Availability is less than the greater of (i) ten percent (10%) of the Loan Cap and (ii) $15,000,000. The termination of a Covenant Compliance Event as provided herein shall in no way limit, waive or delay the occurrence of a subsequent Covenant Compliance Event in the event that the conditions set forth in this definition again arise.

  • Assessment of Compliance As defined in Section 3.21.

  • Tax Compliance Agreement means the Federal Tax Certificate, Tax Compliance Agreement, Arbitrage Agreement, or other written certification or agreement of the Issuer setting out representations and covenants for satisfying the post-issuance tax compliance requirements for the Tax-Exempt Bonds.

  • Distribution Compliance Period with respect to any Notes, means the period of 40 consecutive days beginning on and including the later of (i) the day on which such Notes are first offered to Persons other than distributors (as defined in Regulation S under the Securities Act) in reliance on Regulation S and (ii) the issue date with respect to such Notes.

  • Maintenance Fee The Maintenance Fee (see Contract Schedule I) will be deducted during the Accumulation Period from the Current Value on each anniversary of the date the Account is established and upon surrender of the entire Account.

  • Quarterly Compliance Certificate has the meaning specified in Section 4.1(d) of the Base Indenture.

  • Compliance Order means an order issued by the Code Enforcement Officer pursuant to subdivision (a) of section 15 of this local law.

  • Transfer fee covenant means a declaration or covenant purporting to affect real property which requires or purports to require the payment of a transfer fee to the declarant or other person specified in the covenant or declaration, or to their successors or assigns, upon a subsequent transfer of an interest in the real property.

  • Compliance Declaration means a compliance declaration substantially in the form set out in Schedule F;

  • Solar alternative compliance payment or "SACP" means a