Penalty Provisions definition

Penalty Provisions means provisions for penalties for non-compliance with the Scheme;
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Penalty Provisions means the provisions of the Special Warrant Indenture which provide for the issuance of an additional 0.10 Units to certain holders of Special Warrants if the Corporation has not received the Receipt by 5:00 pm (Vancouver time) on the date that is 35 days after the Closing Date, and thereafter at the end of each additional 30-day period prior to the Qualification Date, each Special Warrant will be exercisable for an additional 0.02 of a Unit, as further outlined in the Special Warrant Indenture;
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Penalty Provisions means the provisions of the Special Warrant Indenture which provide for the issuance of an additional one-tenth (0.10) of a Unit to holders of Special Warrants if the Qualifying Date has not occurred prior to the Qualifying Deadline, and an additional two-hundredths (0.02) of a Unit for each additional thirty (30) days thereafter prior to the Qualification Date, as further outlined in the Special Warrant Indenture;
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Examples of Penalty Provisions in a sentence

  • These rates are intentionally structured to exceed the entitlements provided under the Special Overtime and Penalty Provisions for Crewing Services Employees under the Award.

  • Certificates representing Common Shares issued before the Qualification Date to Warrantholders upon the exercise of Warrants (including additional Common Shares issuable pursuant to the Penalty Provisions) pursuant to Section 3.2 will bear the following legends: "UNLESS PERMITTED UNDER THE SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY UNTIL SEPTEMBER 14, 2020.

  • Upon the issuance of the Replacement Warrants (as defined below), the Investors and Westminster hereby waive any right to receive any payments under Penalty Provisions contained in the Subscription Agreements and such Penalty Provisions are hereby terminated and of no force of effect.

  • CARB alleges that if the allegations described in paragraphs 1 through 7 were proven, civil penalties could be imposed against the Companies for each and every off-road or vehicle in violation of CARB regulations, for each day of the violation, according to paragraph 4 (Penalty Provisions), above.

  • The Companies each admit to the facts in paragraphs 1 through 7 and agree that they would be subject to penalties as set out in paragraphs 4 (Penalty Provisions) and 8 (Allegations) if any of the companies do not comply with this Revised Settlement Agreement.

  • Certificates representing Common Shares issued before the Qualification Date to Warrantholders upon the exercise of Warrants (including additional Common Shares issuable pursuant to the Penalty Provisions) pursuant to Section 3.2 will bear the following legends: “UNLESS PERMITTED UNDER THE SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY UNTIL APRIL 3, 2021.

  • Certificates representing Common Shares issued before the Automatic Exercise Time to Warrantholders upon the exercise of Warrants (including additional Common Shares issuable pursuant to the Penalty Provisions) pursuant to Section 3.2 will bear the following legends: “UNLESS PERMITTED UNDER THE SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY UNTIL JUNE 19, 2021.

  • Certificates representing Common Shares issued before the Automatic Exercise Date to Warrantholders upon the exercise of Warrants (including additional Common Shares issuable pursuant to the Penalty Provisions) pursuant to Section 3.2 will bear the following legends: “UNLESS PERMITTED UNDER THE SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY UNTIL JULY 3, 2021.

  • Section Penalty Provisions Where the Company fails to submit a premium in with the above mentioned clause, such a Company shall be notified by the Union by registered mail to the General Manager of its failure to do so.

  • Section Penalty Provisions Where the Company fails to submit a premium in accordance with the above-mentioned clause, such a Company shall be notified by the Union by registered mail to the General Manager of its failure to do so.


More Definitions of Penalty Provisions

Penalty Provisions means the provisions of the Special Warrant Indenture which provide for the issuance of an additional one-half of one (0.5) Warrant for each Unit to certain holders of Special Warrants if the Automatic Exercise Date has not occurred by the Qualification Deadline, and thereafter, each Special Warrant will be automatically exercisable for one Common Share and one Warrant, as further outlined in the Special Warrant Indenture;
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