Fine Range Clause Samples
The Fine Range clause defines the minimum and maximum monetary penalties that may be imposed for specific breaches or violations under the agreement. In practice, this clause sets clear boundaries for fines, ensuring that penalties are neither excessively punitive nor insufficiently deterrent; for example, it might specify that late delivery incurs a fine between $500 and $2,000 per incident. By establishing these limits, the clause provides predictability for both parties and helps prevent disputes over the appropriateness of fines, thereby ensuring fairness and clarity in the enforcement of contractual obligations.
Fine Range. If the adjusted offense level is 37, the fine range is $20,000.00 to $200,000.00. (U.S.S.G. § 5E1.2(c)(3)).
Fine Range. If the offense level is 40, the fine range is $25,000 - $250,000.
Fine Range. The fine range is, at the low end either $17,500.00 or $20,000.00 (depending on the offense level), and at the high end $250,000.00 or twice the gain or loss, whichever is higher. (U.S.S.G. § 5E1.2(c)(3)).
Fine Range. The applicable fine range will vary based on the adjusted offense level: if the adjusted offense level is 12, the fine range is $3,000.00 to $30,000.00; if the adjusted offense level is 4, the fine range is $250.00 to $30,000.00. (U.S.S.G. § 5E1.2(c)(3)).