Monthly penalty amounts Sample Clauses

Monthly penalty amounts. For purposes of paragraph (1)(A), the month- ly penalty amount with respect to any tax- payer for any month during which any failure described in subsection (b)(1) occurred is an amount equal to 1⁄12 of the greater of the fol- lowing amounts:
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Related to Monthly penalty amounts

  • Available Funds The Company will distribute its Available Funds to the Member in such amounts and at such times as the Member may determine.

  • Servicing Fee On each Payment Date, the Indenture Trustee on behalf of the Issuer shall pay to the Servicer the Servicing Fee in accordance with Section 4.4 for the immediately preceding Collection Period as compensation for its services. In addition, the Servicer will be entitled to retain all Supplemental Servicing Fees. The Servicer also will be entitled to receive investment earnings (net of investment losses and expenses) on funds on deposit in the Collection Account and the Reserve Account during each Collection Period.

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