Potential consequences Sample Clauses

Potential consequences. The potential consequences of the Legal Event(s) as to the Noticing Party;
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Potential consequences. What can the potential consequences be for applying for APA in Sweden? It is not only the MNEs that suffer from potential consequences when applying for APAs, there are also public financial consequences and consequences for the Swedish tax authorities (Prop. 2009/10:17). There is no legislation concerning sanctions if the applying corporation includes false or wrong information in their application. The reason for this is that it is assumed to be in the interest of the applicant that an APA is issued, and therefore the applicant is believed not to take advantage of the situation (Prop. 2009/10:17). The application process of APA is both time and resource demanding, the application is large-scale and will require a lot of time when it comes to gathering the required information. With respect to this the administrative burden of applying for an APA can be said to be placed on the corporations, this including the application fee that they have to pay. However, it shall not be forgotten that applying for an APA is voluntary and shall only be done for complicated and large scale questions concerning price setting. Also, the corporations do already have to keep some of the required information with respect to Swedish documentation requirements (Prop. 2009/10:17). One positive consequence of the APA is that it implies predictability for the nearest three to five taxation years. Which means that the risk of long and costly audits, that can be the case if the applied price method does not lead to a price set at arm’s length, is decreased. It will also as previously mentioned decrease the risk of economic double taxations and lengthy negotiations between the tax authorities of different countries. As such there are, despite the application fee, a decrease in costs in the sense that an APA helps to prevent costs that arises from audits and court procedures (Prop. 2009/10:17).
Potential consequences. Classroom behavior is left to the dis- cretion of the professor. Some con- sequences may include, but are not limited to: disciplinary action by the University, review of academic stand- ing, administrative drop from a course, course failure, additional or make-up work, negative reference checks resulting in difficulty finding employment. Avoid trouble Cite sources and give credit for borrowed words, works or ideas. Avoid academic dishonesty. Treat others as you wish to be treated.
Potential consequences. The deployment of enforcement equipment during the project will be an integral element of the casualty reduction strategy for the whole of Bedfordshire. Therefore a reduced level of enforcement would have the following consequences: - Casualty numbers, particularly those within the killed and seriously injured category, would be likely to rise as a direct result of the inevitable deterioration in driver behaviour in terms of observing speed limits. This would have a significant impact on the Health Service, and society as a whole. - The cameras utilised during the project would need to be rotated on a less frequent basis, or even removed, in order to reflect the reduced support available.
Potential consequences. Potential consequences for Student violations include, but are not limited to; Student conference, loss of email privileges, Parent conference, loss of Internet privileges, cancellations [temporary or permanent] of the privilege to use the Computer or take the Computer home, civil and criminal liability, and any and all school discipline. Any debt incurred as a result of a policy violation, vandalism, or improper use of the Internet is the responsibility of the Student and his/her Parent or guardian. Due process is followed in conjunction with any disciplinary action.

Related to Potential consequences

  • Financial Consequences The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager Contractor will timely submit completed MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports are due on or before the 15th calendar day after the close of each month $100 per Calendar Day late/not received by the Contract Manager Failure to timely provide Quarterly Sales Reports, transaction fee reports, or other reports as required will result in the imposition of financial consequences and repeated failures or non- payment of financial consequences owed under this Contract may result in the Contractor being found in default and the termination of the Contract. No favorable action will be considered when Contractor has outstanding Contract Quarterly Sales Reports, MFMP Transaction Fee Reports, or any other documentation owed to the Department or Customer, to include fees / monies, that is required under this Contract.

  • Termination Consequences In the event of this agreement being determined whether by effluxion of time Notice breach or otherwise:

  • CONTRACT CONSEQUENCES In the case of a state contractor, contributions made or solicited in violation of the above prohibitions may result in the contract being voided. In the case of a prospective state contractor, contributions made or solicited in violation of the above prohibitions shall result in the contract described in the state contract solicitation not being awarded to the prospective state contractor, unless the State Elections Enforcement Commission determines that mitigating circumstances exist concerning such violation. The State shall not award any other state contract to anyone found in violation of the above prohibitions for a period of one year after the election for which such contribution is made or solicited, unless the State Elections Enforcement Commission determines that mitigating circumstances exist concerning such violation. Additional information may be found on the website of the State Elections Enforcement Commission, xxx.xx.xxx/xxxx. Click on the link to “Lobbyist/Contractor Limitations.”

  • Tax Consequences It is intended that the Merger shall constitute a “reorganization” within the meaning of Section 368(a) of the Code, and that this Agreement shall constitute a “plan of reorganization” for purposes of Sections 354 and 361 of the Code.

  • Consequences The consequences for the Contractor’s failure to implement its affirmative action plan or make a good faith effort to do so include, but are not limited to, suspension or revocation of a certificate of compliance by the Commissioner, refusal by the Commissioner to approve subsequent plans, and termination of all or part of this Contract by the Commissioner or the State.

  • Financial Consequences for Nonperformance The State reserves the right to withhold payment or implement other appropriate remedies, such as contract termination or nonrenewal, when the Contractor has failed to perform under or comply with the provisions of this contract. When or if the Contractor fails to perform or comply with provisions of this contract, the Contractor has ten (10) calendar days from receipt of Complaint to Vendor Form (PUR 7017) to comply as instructed within the notice. An amount of $500.00 may be assessed for each day the Contractor is delinquent after the ten (10) day notice period ends, and that amount may be withheld from a Contractor’s invoice. The rights and remedies of the State in this paragraph are not considered penalties and are in addition to any other rights and remedies provided by law.

  • EVENTS OF DEFAULTS AND CONSEQUENCES 9.1 Subject to the Force Majeure clause, the Promoter shall be considered under a condition of Default, in the following events:

  • EXCLUSION OF INCIDENTAL, CONSEQUENTIAL AND CERTAIN OTHER DAMAGES TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE BNPP ENTITIES OR THEIR SUPPLIERS BE LIABLE FOR ANY SPECIAL, INCIDENTAL, INDIRECT, OR CONSEQUENTIAL DAMAGES WHATSOEVER (INCLUDING, BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS OR CONFIDENTIAL OR OTHER INFORMATION, FOR BUSINESS INTERRUPTION, FOR PERSONAL INJURY, FOR LOSS OF PRIVACY, FOR FAILURE TO MEET ANY DUTY INCLUDING OF GOOD FAITH OR OF REASONABLE CARE, FOR NEGLIGENCE, AND FOR ANY OTHER PECUNIARY OR OTHER LOSS WHATSOEVER) ARISING OUT OF OR IN ANY WAY RELATED TO THE USE OF OR INABILITY TO USE THE SOFTWARE, THE PROVISION OF OR FAILURE TO PROVIDE SUPPORT SERVICES, OR OTHERWISE UNDER OR IN CONNECTION WITH ANY PROVISION OF THIS SECTION 19, EVEN IN THE EVENT OF THE FAULT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, BREACH OF CONTRACT OR BREACH OF WARRANTY OF THE BNPP ENTITIES OR ANY SUPPLIER, AND EVEN IF THE BNPP ENTITIES OR ANY SUPPLIER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT SHALL ANY BNPP ENTITY OR ANY SUPPLIER BE LIABLE FOR ACTS OF GOD, ACTS OF WAR OR TERRORISM, MACHINE OR COMPUTER BREAKDOWN OR MALFUNCTION, INTERRUPTION OR MALFUNCTION OF COMMUNICATION FACILITIES, LABOR DIFFICULTIES OR ANY OTHER SIMILAR OR DISSIMILAR CAUSE BEYOND THEIR REASONABLE CONTROL.

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