Penalty Claim definition

Penalty Claim means a Claim for a fine, penalty, forfeiture, multiple damages, punitive damages, or exemplary damages, including any Claim not meant to compensate the Claimant for actual pecuniary loss.

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Penalty Claim means any Claim for a fine, penalty, or forfeiture, or for multiple, exemplary, or punitive damages, arising before the Petition Date, to the extent that such fine, penalty, forfeiture, or damages are not compensation for actual pecuniary loss suffered by the Holder of such Claim as set forth in section 726(a)(4) of the Bankruptcy Code.

Penalty Claim means a claim where we decide that you are at fault, partially at fault or where you cannot provide the details of the person at fault.

Examples of Penalty Claim in a sentence

• If the Indemnifying Party elects to defend any such action or claim, then the Indemnified Party shall be entitled to participate in such defense with counsel of its choice at its sole cost and expense unless otherwise specified herein; provided that any such participation of the Indemnified Party shall be at the Indemnifying Party’s sole cost and expense to the extent such participation relates to a Third Party Penalty Claim.

• The $80 Penalty Claim as outlined in the MOS for being on duty over 10 hours applies to Assigned Roadswitcher Service.

• The Penalty Claim shall be entitled to the treatment under the Plan described below in paragraph 10 of this Settlement Agreement.

• The Parties hereby agree that the Members shall be subrogated to all rights of Vanguard Synfuels, L.L.C. with respect to the Tax Penalty Claim in order to pursue all claims (if any) against third parties (other than Allegro, its shareholders, officers, directors, employees, managers or agents) related thereto.

• Penalty Claim means a document sent by the State Company to the Contractor to claim a Penalty charged to the Contractor for discovered defects and violations of the Construction requirements based on the Construction Violation Report(s) signed by the State Company and/or the Engineer (if applicable) under the procedure provided for by Appendix No. 22 to this Agreement.

More Definitions of Penalty Claim

Penalty Claim means any Allowed Claim of the type specified in Section 726(a)(4) of the

Penalty Claim means any Claim or portion of a Claim, including a Governmental Penalty Claim, on account of any fine, penalty, or forfeiture, or for multiple, exemplary, or punitive damages to the extent that such fine, penalty, forfeiture, or damages are not compensation for actual pecuniary loss suffered by the Holder of such Claim.

Penalty Claim means a Claim by a governmental unit for a penalty or other non-pecuniary loss.

Penalty Claim means a Claim that would be subject to Bankruptcy Code 726(a)(4)

Penalty Claim means a Formal Agency Action, a proceeding, suit or legal action instituted in Court by a Governmental Authority or Third Party, or a written demand or claim asserted by a Governmental Authority or Third Party, in each case after the Closing against OCC Tacoma or Pioneer, their respective successors or permitted assigns, or their respective Affiliates, pursuant to Environmental Laws, regarding the Correction of a violation of Environmental Laws, or to recover Penalties for such violation.

Penalty Claim means a Claim for any fine, penalty or forfeiture, or for multiple, exemplary or punitive damages, to the extent that such Claim is not compensation for the Claim holder’s actual pecuniary loss.

Penalty Claim means a Claim for a fine, penalty, forfeiture, multiple