Delinquent penalty definition

Delinquent penalty means any specific penalty imposed as a result
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Delinquent penalty means the amount assessed when a Violation is deemed to be delinquent in accordance with the procedures adopted in Section 8.
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Delinquent penalty means any specific penalty imposed as a result of the failure of the taxpayer to timely make any required return or payment. (5) "Look-back period" means a period for which a qualified applicant agrees to disclose and pay the tax and interest due. The look-back period shall include the current calendar year up to the date of registration with the Louisiana Department of Revenue and Louisiana Workforce Commission and the one immediately preceding calendar year. For discontinued, acquired, or merged entities, the look-back period shall include undisclosed liabilities in the last calendar year in which the qualified applicant had nexus within this state
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Examples of Delinquent penalty in a sentence

  • The interest is computed as follows:January 30 to February 28, 2004$3,560 tax at 0.33% per month$11.75March 1 to March 30,2004$3,560 tax at 0.33% per month$11.75March 31 to April 30,2004$3,560 tax at 0.33% per month$11.75May 1 to May 10, 2004$3,560 tax at 0.33% per month$11.75Total interest due with May 10, 2004 payment$47.00(4) Delinquent penalty.

  • Delinquent penalty of 5% may be charged, if at least 90% of your total tax liability has not been paid by the original due date.

  • Delinquent penalty is 5 percent of tax liability for each 30 days or fraction thereof, not to exceed 25 percent.

  • Delinquent penalty – For failure to file a return on time, a penalty of 5% of the tax not paid on time accrues if the delay in filing is not more than 30 days, with an additional 5% for each additional 30 days or fraction thereof during which the failure to file continues, not to exceed 25%.

  • Delinquent (penalty) interest shall be applied to the account if the annual installment payment is not received in full within the year.

  • Delinquent penalty and interest begin to accrue thirty (30) days after issuance of the final assessment certificate and until the tax is paid.

  • The interest is computed as follows: January 30 to February 28, 2004 $3,560 tax at 0.33% per month $11.75 March 1 to March 30, 2004 $3,560 tax at 0.33% per month $11.75 March 31 to April 30, 2004 $3,560 tax at 0.33% per month $11.75 May 1 to May 10, 2004 $3,560 tax at 0.33% per month $11.75 Total interest due with May 10, 2004 payment $47.00 (4) Delinquent penalty.

  • Delinquent penalty – For failure to file a return on time, a penalty of 5% of the tax not paid on time accrues if the delay in filing is not more than 30 days, with an addition- al 5% for each additional 30 days or fraction thereof dur- ing which the failure to file continues, not to exceed 25%.

  • The interest is computed as follows: January 30 to February28, 2004$3,560 tax at 0.33%per month $11.75March 1 to March 30,2004$3,560 tax at 0.33%per month $11.75March 31 to April 30,2004$3,560 tax at 0.33%per month $11.75May 1 to May 10, 2004$3,560 tax at 0.33%per month $11.75 Total interest due with May 10, 2004 payment$47.00(4) Delinquent penalty.

  • Delinquent penalty may not exceed 25 percent of the business tax for the delinquent establishment.


More Definitions of Delinquent penalty

Delinquent penalty means any penalty issued for a violation of this ordinance, which remains uncollected thirty days after issuance.
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Related to Delinquent penalty

  • Delinquent Loan A Mortgage Loan that is delinquent at least sixty (60) days in respect of its Monthly Payments or Balloon Payment, if any, in either case such delinquency to be determined without giving effect to any Grace Period.

  • Delinquent Loans means loans where the borrowers have failed to make scheduled mortgage payments under the terms of the mortgage and where the cumulative amount of mortgage payments missed exceeds the scheduled payments due in a three-month period.

  • Delinquent child means a child who has committed a delinquent act or an adult who has committed

  • Delinquent Receivable means any Receivable that is not a Liquidated Receivable and which the related Obligor fails to make at least 90% of the related Scheduled Receivables Payment by the date on which it is due and remains unpaid for more than sixty (60) days from the original payment due date.

  • Delinquent A Mortgage Loan is "delinquent" if any payment due thereon is not made pursuant to the terms of such Mortgage Loan by the close of business on the day such payment is scheduled to be due. A Mortgage Loan is "30 days delinquent" if such payment has not been received by the close of business on the corresponding day of the month immediately succeeding the month in which such payment was due, or, if there is no such corresponding day (e.g., as when a 30-day month follows a 31-day month in which a payment was due on the 31st day of such month), then on the last day of such immediately succeeding month. Similarly for "60 days delinquent," "90 days delinquent" and so on.

  • 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.

  • Delinquent Account means an account with charges for electric services that remain unpaid at least 5 days after the due date.

  • Delinquent act means (i) an act designated a crime under the law of this Commonwealth, or an

  • Delinquency Test means, for any Payment Date, a test that will be satisfied if

  • Delinquent debt means any liquidated sum due and owing any claimant agency, or any restitution

  • Delinquent Mortgage Loan The meaning ascribed thereto in Section 11.02.

  • Prepayment Penalty Amount With respect to any Remittance Date, all prepayment penalties, penalty or yield maintenance premiums or charges paid by the obligors under the Mortgage Notes due to Principal Prepayments collected by the Servicer during the immediately preceding Prepayment Period.

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.

  • 60+ Day Delinquent Loan Each Mortgage Loan (including each Mortgage Loan in foreclosure and each Mortgage Loan for which the Mortgagor has filed for bankruptcy after the Closing Date) with respect to which any portion of a Monthly Payment is, as of the last day of the prior Collection Period, two months or more past due and each Mortgage Loan relating to an REO Property.

  • 60+ Day Delinquent Mortgage Loan (i) Each Mortgage Loan with respect to which any portion of a Scheduled Payment is, as of the last day of the prior Due Period, two months or more past due (without giving effect to any grace period), including, without limitation, such Mortgage Loans that are subject to bankruptcy proceedings, (ii) each Mortgage Loan in foreclosure and (iii) all REO Property.

  • Delinquent Contract means any Contract as to which all or a portion of a Scheduled Payment (constituting at least ten percent (10%) of such Scheduled Payment due) is more than 60 days delinquent from its original due date.

  • Delinquent Loan Status Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Delinquency means any payment under an order for support which becomes due and remains unpaid;

  • Delinquency Amount means, as of any Distribution Date, the Principal Balance of all Contracts that were delinquent 60 days or more as of the end of the related Due Period (including Contracts in respect of which the related Motorcycles have been repossessed and are still in inventory).

  • Day Delinquent Mortgage Loan Each Mortgage Loan with respect to which any portion of a Scheduled Payment is, as of the last day of the prior Due Period, three months or more past due (without giving effect to any grace period), including each Mortgage Loan in foreclosure, all REO Property and each Mortgage Loan for which the Mortgagor has filed for bankruptcy.

  • MBA Delinquency Method Under the MBA Delinquency Method, a loan due on the first of the month is considered 30 days delinquent when all or part of one or more payments remains unpaid as of close of business on the last Business Day of such month.

  • Delinquency Advance As defined in Section 8.09(a) hereof.

  • Prepayment Penalty Schedule A data field in the Mortgage Loan Schedule attached hereto as Exhibit A which sets forth the amount or method of calculation of the Prepayment Penalty Amount and the term during which such Prepayment Penalty Amount is imposed with respect to a Mortgage Loan.

  • Excess Penalty Charges With respect to any Serviced Loan and any Collection Period, the sum of (A) the excess of (i) any and all Penalty Charges collected in respect of such Serviced Loan during such Collection Period, over (ii) all unpaid or unreimbursed Advances and Additional Trust Fund Expenses (including, without limitation, interest on Advances to the extent not otherwise paid or reimbursed by the related Mortgagor, but excluding Special Servicing Fees, Workout Fees and Liquidation Fees) outstanding or previously incurred on behalf of the Trust (and, if applicable, the related Serviced Companion Loan Holder) with respect to such Serviced Loan and reimbursed from such Penalty Charges (which such Advances and Additional Trust Fund Expenses shall be reimbursed from such Penalty Charges) in accordance with Section 3.14 of this Agreement and (B) Advances and expenses previously paid or reimbursed from Penalty Charges as described in the immediately preceding clause (A), which Advances and expenses have been recovered from the related Mortgagor or otherwise.

  • Delinquency proceeding means a proceeding instituted against an insurer for the purpose of liquidating, rehabilitating, reorganizing or conserving the insurer, and a summary proceeding under section 507C.9 or 507C.10. “Formal delinquency proceeding” means any liquidation or rehabilitation proceeding.

  • CMSA Delinquent Loan Status Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Delinquent Loan Status Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.