Agreement Penalties definition

Agreement Penalties means the agreed fine payable by the Buyer to the Seller in case of the Buyer’s failure or delay in fulfillment of the Buyer’s obligations toward the Seller.
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Agreement Penalties. – shall mean the agreed fine payable by the Buyer to the Seller in case of the Buyer’s failure or delay in fulfillment of the Buyer’s obligations toward the Seller.
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Examples of Agreement Penalties in a sentence

  • With an Annex to the Agreement are stipulated also the elements referring to Guarantees and the Agreement Penalties.

  • Payment of the Agreement Penalties shall not relieve the Buyer from its obligation to make investments.

  • Minnesota PUC Unfiled Agreements Penalties Order at 3, 4-6, 20-22; Minnesota PUC Unfiled Agreement Penalties Modification Order at 3-4, 7-11, 12-13.

  • Notably Facility Usage Fees are down 75% from the prior year and Development Agreement Penalties are down 47% from the prior year.

  • The Agreement Penalty set out with these provisions the Seller may recuperate from the Guarantee for performance of buyer’s obligations.Payment of the Agreement Penalties shall not relieve the Buyer from its obligation to make investments.

  • Corporate Integrity Agreement Penalties for failure to perform the act or file the notification or report shall not begin to accrue until three days after DaVita receives OIG’s written denial of such request or the original due date, whichever is later.

  • Provides the NDPERS board with the authority to distribute Defined Contribution (DC) Service Level Agreement Penalties to NDPERS.

  • Corporate Integrity Agreement Penalties, such Stipulated Penalties shall become due and payable 20 days after the ALJ issues such a decision unless Gambro requests review of the ALJ decision by the DAB.

  • SECTION‐4Service Level Agreement, Penalties &Payment Terms S ECTION – 4 Service Level Agreement, Penalty and PaymentTerms 4.1. Service Level and Penalty ClauseSLA defines the terms of the successful bidder’s responsibility in ensuring the performance on the agreed performance indicators as detailed in the agreement.

  • UNIT-IIISecurities Laws Act 1999 : Definitions; Recognized Stock Exchanges; Contracts and Options in Securities; Listing of Securities; Listing Agreement; Penalties and Procedure.

Related to Agreement Penalties

  • CAISO Penalties means any fees, liabilities, assessments, or similar charges assessed by the CAISO for (a) violation of the CAISO Tariff and all applicable protocols, WECC rules or CAISO operating instructions or orders or (b) as a result of Seller’s failure to follow Prudent Electrical Practices. “CAISO Penalties” do not include the costs and charges related to Scheduling and imbalances as addressed in Section 14.1 of this Agreement.

  • Statutory Penalties are those amounts awarded as a penalty, but are fixed in amount by statute.

  • Civil penalty means a penalty which is imposed on a credit provider by the operation of this Act and under which the debtor is not liable to pay to the credit provider an amount otherwise payable under a regulated contract.

  • Administrative penalty means a monetary fine imposed by the division for acts or

  • Medicare Levy Surcharge means an extra charge payable by high income earners beyond the standard Medicare Levy if they do not have qualifying private hospital insurance coverage. This charge is assessed as part of an individual or family’s annual tax return.

  • SWS wage assessment agreement means the document in the form required by the Department of Education, Employment and Workplace Relations that records the employee’s productive capacity and agreed wage rate

  • Collective Agreement means any collective agreement, letter of understanding, letter of intent or other written communication or Contract with any trade union, association that may qualify as a trade union, council of trade unions, employee bargaining agent or affiliated bargaining agent, which would cover any of the Employees.

  • Prepayment Penalty With respect to each Mortgage Loan, the amount of any premium or penalty required to be paid by the Mortgagor if the Mortgagor prepays such Mortgage Loan as provided in the related Mortgage Note or Mortgage.

  • Tax Protection Agreement means that certain Tax Protection Agreement dated as of the date hereof, by and among the REIT, the OP and the parties identified as a signatory on Schedule A thereto.

  • Tax Compliance Agreement means the Federal Tax Certificate, Tax Compliance Agreement, Arbitrage Agreement, or other written certification or agreement of the Issuer setting out representations and covenants for satisfying the post-issuance tax compliance requirements for the Tax-Exempt Bonds.

  • Chargeable Event means, in relation to the Awards:

  • Expense Reimbursement has the meaning set forth in Section 8.2(c).

  • Health care expenses means, for purposes of Section 14, expenses of health maintenance organizations associated with the delivery of health care services, which expenses are analogous to incurred losses of insurers.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Health and Welfare Plans means any plan, fund or program which was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, medical (including PPO, EPO and HDHP coverages), dental, prescription, vision, short-term disability, long-term disability, life and AD&D, employee assistance, group legal services, wellness, cafeteria (including premium payment, health flexible spending account and dependent care flexible spending account components), travel reimbursement, transportation, or other benefits in the event of sickness, accident, disability, death or unemployment, or vacation benefits, apprenticeship or other training programs or day care centers, scholarship funds, or prepaid legal services, including any such plan, fund or program as defined in Section 3(1) of ERISA.

  • Data Protection Impact Assessment means an assessment by the Controller of the impact of the envisaged processing on the protection of Personal Data;

  • Medical Reimbursement Programs means a collective reference to the Medicare, Medicaid and TRICARE programs and any other health care program operated by or financed in whole or in part by any foreign or domestic federal, state or local government.

  • Administrative Agreement means the agreement described in subsection 1.2 (1); (“accord d’application”)

  • Published Penalties means any additional published cancellation penalties levied by Your travel agency or Travel Supplier that apply to all clients of the travel agency or Travel Supplier and can be documented at time of Your purchase of Travel Arrangements from Your travel agency. The maximum amount reimbursable for travel agency published penalties is 25% of the total trip cost excluding taxes and other non-commissionable items.

  • Federal Cooperative Agreement means a cooperative agreement en- tered into by an agency.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • criminal tax matters means tax matters involving intentional conduct whether before or after the entry into force of this Agreement which is liable to prosecution under the criminal laws of the requesting Party;

  • Claims Allocation and Handling Agreement means the agreement of that name approved by XXX;

  • Released PAGA Claims means the claims being released as described in Paragraph 6.2 below.

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Community Association Dues, Fees, and Assessments means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization.