ADDITIONAL PENALTIES. If, by the third (3rd) business day after the Closing Date, the Company fails to deliver any portion of the shares of the Put to the Investor (the "Put Shares Due") and the Investor purchases, in an open market transaction or otherwise, shares of Common Stock necessary to make delivery of shares which would have been delivered if the full amount of the shares to be delivered to the Investor by the Company (the "Open Market Share Purchase") , then the Company shall pay to the Investor, in addition to any other amounts due to Investor pursuant to the Put, and not in lieu thereof, the Open Market Adjustment Amount (as defined below). The "Open Market Adjustment Amount" is the amount equal to the excess, if any, of (x) the Investor's total purchase price (including brokerage commissions, if any) for the Open Market Share Purchase minus (y) the net proceeds (after brokerage commissions, if any) received by the Investor from the sale of the Put Shares Due. The Company shall pay the Open Market Adjustment Amount to the Investor in immediately available funds within five (5) business days of written demand by the Investor. By way of illustration and not in limitation of the foregoing, if the Investor purchases shares of Common Stock having a total purchase price (including brokerage commissions) of $11,000 to cover an Open Market Purchase with respect to shares of Common Stock it sold for net proceeds of $10,000, the Open Market Purchase Adjustment Amount which the Company will be required to pay to the Investor will be $1,000.
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ADDITIONAL PENALTIES. 4 OCEMS may impose financial penalties for other performance deficiencies, and may impose a penalty 5 of up to $500 per incident for any deficiency not specifically addressed in TABLE 7. 6 7 TABLE 7: Additional Penalties Performance Deficiency Criteria Penalty Failure to provide timely operational reports Operational and Response Time reports due on specific date after close of month $50 per report, per day, received after specified due date Failure to accurately complete ePCR within specified time Accurately complete ePCR for each patient care interaction within specified time $50 per instance when patient care records are not accurate and completed within established time. $100 per day for every ePCR not completed within 24 hours of patient delivery Failure to ensure equipment and supplies on board or emergency ambulance All emergency calls shall be responded to by a 9-1-1 emergency ambulances stocked with equipment and supplies $1,000 per incident which a 9-1-1 emergency ambulance responds and is not prepared with equipment and supplies required for patient xxxx Xxxxxxx to provide timely quality improvement data and reports Quality improvement, clinical data and reports due on specific date after close of month $50 per report or data submission, per day, received after specified due date Failure to provide timely unusual occurrence reports Unusual occurrence reports due within specific time from date of the occurrence $100 per report, per day, received after specified time frame Failure to respond to an emergency request for a response from a County public safety agency Respond to all official requests for a response from County public safety agencies Minimum $10,000 for each failure to respond to an official call Improper certification Staffing an ambulance with improperly certified personnel $250 per call responded to by improperly certified employee 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 // 36 // 37 //
ADDITIONAL PENALTIES. The Service has the right to impose additional penalties or fines on any MLS Participant who is suspended more than two times in any twelve-month period.
ADDITIONAL PENALTIES. After the initial filing of the Registration Statement, if the Company fails to respond to any comments issued by the Commission within two weeks of receipt of such comments (the "Response Date"), then the Company shall pay to the Subscriber a penalty of 2% of the Registrable Securities (the "Periodic Penalty Shares"), for each additional two week period beyond the Response Date that the Company fails to respond to such comments. The Periodic Penalty Shares may be paid in cash or shares of Common Stock, at Subscriber's option, with the cash calculated at the rate of $1.75 per share. Notwithstanding the foregoing, the amounts payable by the Company pursuant to this provision shall not be payable to the extent any delay in the responding to comments occurs because of an act of, or a failure to act, or a failure to act timely by the Subscriber or its counsel.
ADDITIONAL PENALTIES. (1) In the event of a conviction, the competent domestic court in civil or criminal matters shall order the confiscation or destruction of objects found to be counterfeit depending on their nature and, where applicable, the confiscation or destruction of implements or tools specially intended for their manufacture, in respect of the counterfeiter, the receiver, the introducer or the retailer.
ADDITIONAL PENALTIES. Special provisions of the Agreement do not provide for additional penalties, except in the Annex no. 3 to the Agreement "Conducting commercial offers (price surveys)" agreed procedures.
ADDITIONAL PENALTIES. Owner agrees and understands that in the event Owner fails to cure any required Maintenance identified by Public Works in the allotted time and/or any security posted by Owner is insufficient to pay for Public Works to carry out such Maintenance, Owner shall be subject to the administrative penalties set forth in Public Works Code Section 811(c). Under Section 811(c), Public Works may require any person who removes, injures, or destroys a Street Tree to pay a sum of money equal to the Street Tree’s replacement value or the diminishment of the Street Tree’s value. Section 811(c) also provides that in no case shall any such administrative penalty be less than $500 per violation.
ADDITIONAL PENALTIES. 7.1. Special provisions of the Agreement do not provide for additional penalties.
ADDITIONAL PENALTIES. I understand that cell phones present a distraction to all drivers. I understand it is an infraction for drivers 18 and older to write, send or read text-based communications while driving a motor vehicle. I also understand that it is a distraction to my driving to use a wireless telephone while operating a motor vehicle. Parent initial THE RISK: Teen drivers are especially susceptible to distractions. Distractions impair judgment and decision-making abilities. Talking to pas- sengers, changing a CD, eating, and personal grooming are all distractions that divide attention and take the focus off driving. Teen initial ✓ I will not participate in any behavior that makes me look away from the road or distracts me from driving. ✓ I agree to check myself for readiness to drive before driving. ✓ If I am not able to focus on the driving task due to lack of sleep or if I am emotional, I will not drive. ✓ I agree to set rules for my passengers so they don’t distract me, and will pull over to a safe location until they have stopped distracting me and I am able to drive again. I understand these rules are for my safety. If I violate any of these rules, I endanger myself, my passengers and other drivers and I may break Virginia law. If I violate our rules, I agree to lose my driving privileges for (time period). Additional penalties: Your safety is my #1 priority and I will be there when you need me. I will pick you up or arrange for safe transportation home, regardless of the situation or time of your call. Parent initial I, the Teen Driver Agree: I promise to abide by the rules outlined above. I understand that driving is a privilege, not a right and that I will only drive the car with permission. I understand that I am responsible for my driving actions and there are many consequences for my behavior. If I break any rules we have agreed to, I will accept the consequences that we have discussed. I also understand that the terms of this agreement may be changed based on how I handle the responsibility of driving. Teen signature date I, the Parent Driver Agree: I will approach the process of teaching you to drive with patience and support. I promise to be a positive role model by demonstrating safe driving, following all the traffic safety laws and regulations that I have asked you to follow. I agree to establish a schedule of training and to honor that schedule by providing you with 45 hours of supervised driving practice, including 15 hours after sunset. I also agree...


  • Statutory Penalties The defendant understands that upon his plea of guilty to Count One of the indictment charging him with conspiracy, the maximum penalty the Court may impose is not more than five years of imprisonment, a $250,000.00 fine, three years of supervised release, an order of restitution, and a $100.00 mandatory special assessment which must be paid in full at the time of sentencing. The defendant further understands that this offense is a Class D felony.

  • Submitting False Claims; Monetary Penalties The AOC shall be entitled to remedy any false claims, as defined in California Government Code section 12650 et seq., made to the AOC by the Contractor or any Subcontractor under the standards set forth in Government Code section 12650 et seq. Any Contractor or Subcontractor who submits a false claim shall be liable to the AOC for three times the amount of damages that the AOC sustains because of the false claim. A Contractor or Subcontractor who submits a false claim shall also be liable to the AOC for (a) the costs, including attorney fees, of a civil action brought to recover any of those penalties or damages, and (b) a civil penalty of up to $10,000 for each false claim.

  • - FINANCIAL PENALTIES By virtue of the Financial Regulation applicable to the general budget of the European Communities, any beneficiary declared to be in grave breach of his obligations shall be liable to financial penalties of between 2% and 10% of the value of the grant in question, with due regard for the principle of proportionality. This rate may be increased to between 4% and 20% in the event of a repeated breach in the five years following the first. The beneficiary shall be notified in writing of any decision by the Commission to apply such financial penalties.

  • Judgments; Penalties One or more fines, penalties or final judgments, orders or decrees for the payment of money in an amount, individually or in the aggregate, of at least Two Hundred Fifty Thousand Dollars ($250,000.00) (not covered by independent third-party insurance as to which liability has been accepted by such insurance carrier) shall be rendered against Borrower by any Governmental Authority, and the same are not, within ten (10) days after the entry, assessment or issuance thereof, discharged, satisfied, or paid, or after execution thereof, stayed or bonded pending appeal, or such judgments are not discharged prior to the expiration of any such stay (provided that no Credit Extensions will be made prior to the satisfaction, payment, discharge, stay, or bonding of such fine, penalty, judgment, order or decree);

  • Fines and Penalties Qwest shall be liable to pay to CLEC fines and penalties for resold services in accordance with the Commission's retail service requirements that apply to Qwest retail services, if any. Such credits shall be limited in accordance with the following:

  • Payment of Stipulated Penalties EPA may send Purchaser a demand for stipulated penalties. The demand will include a description of the noncompliance and will specify the amount of the stipulated penalties owed. Purchaser may initiate dispute resolution under Section XIII regarding the demand. Purchaser shall pay the amount demanded or, if Purchaser initiates dispute resolution, the uncontested portion of the amount demanded, within 30 days after receipt of the demand. Purchaser shall pay the contested portion of the penalties determined to be owed, if any, within 30 days after the resolution of the dispute. Each payment for: (a) the uncontested penalty demand or uncontested portion, if late, and; (b) the contested portion of the penalty demand determined to be owed, if any, must include an additional amount for Interest accrued from the date of receipt of the demand through the date of payment. Purchaser shall make payment at xxxxx:// using the link for “EPA Miscellaneous Payments Cincinnati Finance Center,” including a reference to the CERCLA docket number and Site/Spill ID number listed in ¶ 92, and the purpose of the payment. Purchaser shall send a notice of this payment to DOJ and EPA. The payment of stipulated penalties and Interest, if any, does not alter any obligation by Purchaser under this Settlement. Nothing in this Settlement limits the authority of the United States: (a) to seek any remedy otherwise provided by law for Purchaser’s failure to pay stipulated penalties or interest; or (b) to seek any other remedies or sanctions available by virtue of Purchaser’s noncompliance with this Settlement or of the statutes and regulations upon which it is based including penalties under section 106(b) of CERCLA provided, however, that the United States may not seek civil penalties under section 106(b) for any noncompliance for which a stipulated penalty is provided herein, except in the case of a willful noncompliance with this Settlement or in the event that EPA assumes performance of a portion or all of the Work pursuant to ¶ 30 (Work Takeover). Notwithstanding any other provision of this Section, the United States may, in its unreviewable discretion, waive any portion of stipulated penalties that have accrued under this Settlement.

  • CONTRACTUAL PENALTIES 1. Should the Accommodated Person fail to pay the price for the accommodation in the agreed amount, by the due date and under the correct variable symbol, he/she is obliged to pay interest on late payments under Section 10(2) of Act No. 176/2004 Coll., on the Disposal of the Property of Public Institutions and the Amendment to Act No. 259/1993 of the National Council of the Slovak Republic, on the Slovak Forestry Chamber, as amended by Act No. 464/2002 Coll., as amended. In addition, he/she is obliged to pay a contractual penalty (even if the contractual obligations are breached not through a fault of the Accommodated Person, e.g., by error of the financial institution) in the amount of 0.3 % of the amount due for each day of delay. The agreement regarding the contractual penalty shall not affect the Landlord’s entitlement to demand compensation for damages. Both entitlements can be exercised by the Landlord concurrently. Both the contractual penalty and the interest on late payments are to be paid via a separate bank transfer to the Landlord’s account stated in Article I in the “Landlord” section hereof (separately from the price for the accommodation).

  • Payment of Non-compliance Penalties j) Subject to Clause (i) above, the Service Provider shall pay the Non-compliance Penalty indicated in the Non-compliance Penalty Certificate within 10 (ten) Business Days of Transnet issuing a valid Tax Invoice to the Service Provider for the amount set out in that certificate. If Transnet does not issue a valid Tax Invoice to the Service Provider for Non-compliance Penalties accrued during any relevant period, those Non-compliance Penalties shall be carried forward to the next period.

  • Prepayment Penalties 4. Any provisions in your consumer credit contract, loan, security, or account agreements that are determined to be inconsistent with or contradictory to these disclosures or the MLA (as they may be changed or amended from time to time) are inapplicable with regard to this loan. However, all other terms and conditions of the consumer credit contract shall remain in full force and effect.

  • Penalties Business Associate understands that: (a) there may be civil or criminal penalties for misuse or misappropriation of PHI and (b) violations of this Agreement may result in notification by Covered Entity to law enforcement officials and regulatory, accreditation, and licensure organizations.