Substantial underpayment definition

Substantial underpayment means the lesser of 10 percent of the total interim emission fee for the major source or five hundred dollars.
Substantial underpayment means the lesser of 10 percent of the total interim emission

Examples of Substantial underpayment in a sentence

  • Effective November 28, 2006.2037.32.228 Substantial underpayment penalty.Effective November 8, 2006.2038.08.17001 Sales to the Washington State National Guard.

Related to Substantial underpayment

  • substantial owners means any individuals entitled to more than 10% of the profits of or with an interest of more than 10% in an entity either directly or indirectly.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Substantial disruption means without limitation that any one or more of the following occur as a result of the bullying:

  • controlled by and "under common control with") means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise.