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.

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 Default Interest Rate multiplied by the Default Amount.

Examples of Penalty Amount in a sentence

• 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.

• 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.

• 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.

• The Base Penalty Amount specified in Section 23.4.3.3.1 shall be subject to the following multipliers: 23.4.3.4.1 For the first instance of a type of conduct by a Market Party meeting the standards for mitigation, the multiplier shall be one (1).

• 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 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).

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

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

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 have the meaning set forth in section 7.8(a).

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 shall have the meaning assigned thereto in Section 2(c) hereof.