Common use of Administrative Penalty Clause in Contracts

Administrative Penalty. That Respondents shall pay an Administrative Penalty Nineteen Million, Six Hundred Twenty-nine Thousand, Four Hundred Dollars ($19,629,400) to be prorated among each Participating State as designated in “Appendix A” attached to this Agreement (the “per-state payment”). Respondents shall pay the total Administrative Penalty amount within twenty (20) calendar days following the receipt of payment instructions, by paying each Participating State the per-state payment by the means designated by each State.