Fine. The Supervisor of Fine has executed this Agreement pursuant to a resolution adopted by the Town Board of the Town of Fine, at a meeting thereof held on , 2013. Xxxx Xxxx, Town of Fine Supervisor, whose signature appears hereafter, is duly authorized and empowered to execute this instrument and enter into such an agreement on behalf of the Town of Fine. At least one copy of this Agreement shall be permanently filed, after execution thereof, in the office of the Town Clerk, Town of Fine.
Fine. 8.1 The Party that gives rise to the termination of the Agreement shall, within the term of thirty (30) days from the corresponding notification, indemnify the other Party for any loss and damage caused by it in view of the termination of this Agreement, also being subject to the payment of a fine in the amount of five hundred and sixty-three thousand Reais (R$563,000.000), similar to the amount corresponding to the minimum guarantees fees (EMG) for the period of twelve (12) months mentioned in the Bid submitted by LICENSEE to the Bidding Procedure, and shall also bear any court costs and expenses as well as fees of counsel incurred.
Fine. 8.1. If LESSEE voluntarily terminates this Agreement before the expiration of the term set forth in clause 2.1. it shall pay to LESSOR, as pre-set damages, a fine to be calculated on a prorated basis, according to the remaining period, in the maximum amount of three (3) rents, as set forth in clause 3.1, without prejudice to the payment of the rents up to the date of handing over the keys, and of the prior notice set forth in clause 5.10.
Fine. The PUD may levy reasonable charges, as an Individual Assessment, against an Owner and his Lot if the Owner or Resident, or the Owner or Resident’s family, guests, employees, agents, or contractors violate a provision of the Documents. Fines may be levied for each act of violation or for each day a violation continues, and do not constitute a waiver or discharge of the Owners obligations under the Documents.
Fine. 10.1. The Party that causes the termination of the Agreement shall indemnify the other Party within the maximum term of 30 (thirty) days counted from the respective notification, for the losses and damages it caused by the termination of the Agreement, also being subject to the payment of a non-compensatory fine, with the following amounts: (i) if applied to the LICENSEE, the corresponding amount of the guaranteed minimum revenue – RMG of the year of the termination; and (ii) if applied to BM&FBOVESPA, the corresponding value of the guaranteed minimum revenue – RMG of the first year of the License, and in both cases, the Party that causes the termination of the Agreement shall also bear any court costs and expenses as well as fees of counsel incurred.
Fine. In determining the amount of the fine, the fact that only a significant fine does justice to the seriousness, extent, and duration of the offenses uncovered was taken into account. The amount of the fine also reflects the fact that it was not possible to determine how much money had actually been laundered through ING NL's bank accounts over the years, nor was it possible to give an indication of the number of transactions relating to other financial and economic crime that had been carried out via client's bank accounts. Consideration has also been given to the repeated warnings and signals issued both internally and by regulatory bodies. In determining the fine to be imposed by the NPPS, the financial capacity of the defendant, as intended by the legislator, was also taken into account: "In addition to the seriousness of the offense and its benefit, a third factor plays an important role in determining the amount of the fine for an offense under criminal law: the offender's capacity to pay. Financial-economic crimes are often committed by companies that have sizable assets, relative to private persons. The capacity of legal entities is therefore important in determining whether a fine has a sufficiently deterrent effect.16 A fine should therefore have a deterrent effect and have an impact on the legal entity. This means that a higher fine is appropriate in the event that a legal entity has a greater capacity to pay. Taking all facts and circumstances into account, the NPPS considers a fine of € 675 million to be appropriate. In determining the amount of the fine, the NPPS took into account ING NL's recognition of the mistakes made, ING NL's cooperation with the investigation, and ING NL's remediation activities aimed at correctly carrying out the FEC CDD policy.