Penalty Period definition

Penalty Period has the meaning set forth in Section 6.3.
Penalty Period is defined in Section 8.5 (a). “Pre-empted Dispatch Payment” is defined in Schedule E.
Penalty Period or "period of ineligibility" means the period of time during which a person is not eligible to receive services that are subject to transfer of asset penalties.

Examples of Penalty Period in a sentence

  • An Owner’s Availability Notice shall become effective when issued, provided, however, that if Owner becomes subject to a Non-Performance Penalty under Section 8.5, any Owner’s Availability Notice given during the Penalty Period shall not become effective until 72 hours after the Owner’s Availability Notice is given.

  • The Company shall deliver said cash payment to the Purchaser by the fifth Business Day after the end of such Penalty Period.

  • Each Prepayment Penalty Period will follow the termination of the applicable lockout period or, if no lockout period applies, the applicable Issue Date.

  • The Company shall deliver said cash payment to the Holder by the fifth Business Day after the end of such Penalty Period.

  • An Owner’s Availability Notice shall become effective when issued, provided, however, that if Owner becomes subject to a Non- Performance Penalty under Section 8.5, any Owner’s Availability Notice given during the Penalty Period shall not become effective until 72 hours after the Owner’s Availability Notice is given.


More Definitions of Penalty Period

Penalty Period means the period of Medicaid ineligibility imposed pursuant to 42
Penalty Period is defined in Section 8.5 (a).
Penalty Period means the period of time during which a person is not eligible to receive services subject to transfer of asset penalties.
Penalty Period. As to any Mortgage Loan, the period of time during which the borrower will be assessed a Prepayment Premium for any Principal Prepayment during such time.
Penalty Period means a period of non-entitlement, calculated under paragraph (e) of this section, due to transfer of a covered asset.
Penalty Period means a period of time for which a client is not eligible to receive LTC services due to asset transfers.
Penalty Period means the six consecutive months immediately following the withdrawal of any Designated Common Shares during which time a Participant cannot receive Employer Contributions or Employer Bonus Contributions;