Common use of Maximum and Minimum Liability Amounts Clause in Contracts

Maximum and Minimum Liability Amounts. The maximum and minimum amounts for discharge violations must be determined for comparison to the amounts being proposed. These values are calculated in the Complaint, and the values are repeated here. Water Code maximum liability amount: $2,118,800 Water Code minimum liability amount: $6,000 in mandatory minimum penalties; not discussed as part of this discretionary penalty calculation. Enforcement Policy minimum liability amount: minimal, and assumed to be significantly less than the proposed penalty.

Appears in 1 contract

Sources: Settlement Agreement

Maximum and Minimum Liability Amounts. The maximum and minimum amounts for discharge violations violation must be determined for comparison to the amounts being proposed. These values are calculated in the Complaint, and the values are repeated here. Water Code maximum liability amount: amount for Violation 1 is $2,118,800 1,901,250 and the maximum liability amount for Violation 2 is $1,340,880. Therefore, the maximum liability for both violations is $3,242,130. Water Code minimum liability amount: $6,000 in mandatory minimum penalties; not discussed as part of this discretionary penalty calculation. and Enforcement Policy minimum liability amount: minimal, and assumed to be significantly less than the proposed penalty.

Appears in 1 contract

Sources: Settlement Agreement and Stipulation for Entry of Administrative Civil Liability Order