Penalty Amount definition

Penalty Amount. For each SLA, the amount computed pursuant to Exhibit F, including, without limitation, the application of any applicable double penalties, triple penalties or waivers and taking into account the consecutive failure requirement for a penalty to be assessed.

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Penalty Amount means the contingent amount that exists only if the Company, in accordance with Section 3(a)(ii), has not notified the Holders that it elected to accrue and pay dividends after the Initial Dividend Period in the same manner as during the Initial Dividend Period and the Company thereafter failed to declare and pay the applicable cash dividend in full on a relevant Compounding Date, and which is equal to the difference between the accrued and unpaid dividend attributable to the relevant Compounding Date and the amount that would have been the accrued and unpaid dividend attributable to the relevant Compounding Date had the dividend rate set forth in Section 3(a)(ii) below been calculated at 16% per annum, not 14% per annum.

Penalty Amount means an amount that is initially equal to Zero Dollars ($0.00) but may be increased from time to time (but not decreased) in accordance with Section 2.1(f).

Examples of Penalty Amount in a sentence

• The Prepayment Penalty Amounts listed on the Prepayment Penalty Amount Schedule attached hereto as Exhibit A are complete, true and accurate and may be relied on by the Servicer in its calculation of Prepayment Penalty Amounts.

• If the Prepayment Penalty Amount data set forth on Exhibit A is incorrect, then the Servicer shall have no liability for any loss resulting from calculation of Prepayment Penalty Amounts using the data provided.

• Except as provided below, the Servicer or any designee of the Servicer shall not waive any Prepayment Penalty Amount with respect to any Mortgage Loan.

• Two (2) Account Management Report Cards not received within 6 weeks of distribution: 50% reduction in Account Management Performance Guarantee Penalty Amount.

• If any quarterly Account Management Report Card is not received within six (6) weeks of its distribution by Contractor, that Account Management Report Card will not be included in the calculation of the Composite Score; and if any quarterly Account Management Report Card is not received within six 6 weeks of its distribution by Contractor, the Account Management Performance Guarantee Penalty Amount will be reduced.

More Definitions of Penalty Amount

Penalty Amount means Default Interest Rate multiplied by the Default Amount.

Penalty Amount. [ADDM IV, (SECTION)22] has the meaning set forth in section 2.1 of the Management Agreement.

Penalty Amount means an amount equal to the penalties accrued and that will accrue under the applicable airline contracts in connection with the Company's failure to install or deliver any equipment in accordance with the 1999 Projected Installation Schedule (including, for the avoidance of doubt, any penalties incurred under contracts with SAS) attached to Schedule X. Such Penalty Amount shall include (i) penalties accrued up to the Closing Date and (ii) penalties projected to accrue for a period of up to 90 days thereafter, assuming that installation or delivery of the equipment affected by such failure will be made on a timetable consistent with the Company's past practices.

Penalty Amount. With respect to any Tax Lien, the 5% surcharge and any interest rate increases charged in respect thereof pursuant to Section 11-332 of Chapter 3 of Title 11 of the City Admin. Code, the costs of notice and advertisement and any other penalty amounts attributable to such Tax Lien.

Penalty Amount shall be equal to the sum of: (i) the product of (I) the number of Warrant Shares issued and still held by such Buyer and (II) the Closing Sale Price (as defined in the Warrants) on the trading day prior to the Filing Deadline, the Effectiveness Deadline or the Selling Prohibition, as applicable; (ii) the product of (I) the number of Warrant Shares issuable pursuant to the Warrants still held by such Buyer and (II) the difference (if a positive number) between the Closing Sale Price on the trading day prior to the Filing Deadline, the Effectiveness Deadline or the Selling Prohibition, as applicable, and the Warrant Exercise Price; (iii) the product of (I) the number of Conversion Shares issued and still held by such Buyer and (II) the Closing Sale Price on the trading day prior to the Filing Deadline, the Effectiveness Deadline or the Selling Prohibition, as applicable; and (iv) the product of (I) the number of Conversion Shares issuable pursuant to the Debentures still held by such Buyer and (II) the Closing Sale Price on the trading day prior to the Filing Deadline, the Effectiveness Deadline or the Selling Prohibition, as applicable.

Penalty Amount means U.S. $200,000.

Penalty Amount shall equal that number of shares of Class B Common Stock equal to the Buyback Amount multiplied by P; where "P" shall equal the percentage detailed in the table below after determining the quotient of (AB); where "A" shall equal the aggregate amount of the Capital Call with respect to all Stockholders precipitating the Event (or in which the Defaulting Stockholder or Non-Participating Stockholder was ineligible to participate) and "B" shall equal the aggregate purchase price and capital contributions pursuant to Sections 2.1 and 3.1 of the Stock Purchase Agreement made to the Class B Common Stock by all Stockholders prior the Event: If the quotient of AB is: then "P" shall equal less than 25% 10% 25% or greater, but less than 60% 8% 60% or greater, but less than 95% 6% 95% or greater, but less than 150% 5% 150% or greater 2%