Examples of Penalty Charge in a sentence
For the avoidance of doubt, the outstanding Penalty Charge and/or other fees will be treated as delinquent amount, which shall be subject to interest at the accrual rate of seven point five (7.5) percent per annum.
The Privileges under the Membership is subject to partial or complete suspension upon the Company’s absolute discretion, if during the validity period there incurs any Penalty Charge and/or other fees for which the Core Member / Next Member are jointly and severally responsible but fail to fully settle within the due date so specified in the invoice.
Customers taking service under this rate schedule are subject to the Failure to Comply Penalty Charge, specified in GRSP II.B.
Parties that are unable to comply with a dispatch, curtailment, load shedding, or redispatch order due to a force majeure on their system will not be subject to the Failure to Comply Penalty Charge provided that they immediately notify BPA of the situation upon occurrence of the force majeure.
Customers taking NT Service under this rate schedule are subject to the Failure to Comply Penalty Charge, specified in GRSP II.B.