Final Penalty Amount definition

Final Penalty Amount means the final, proposed Penalty for violation of a Reliability Standard, determined in accordance with the Sanction Guidelines.
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Examples of Final Penalty Amount in a sentence

  • Based on these three inquiries with respect to the Adjusted Penalty Amount, NERC or the Regional Entity will set the Final Penalty Amount for the violation.

  • At the conclusion of this review, if applicable, NERC or the Regional Entity will set the Final Penalty Amount.

  • The Final Penalty Amount can be further adjusted depending on the violator’s financial ability to pay the penalty.

  • Extenuating circumstances.130NERC or the Regional Entity may also consider additional factors it deems appropriate under the circumstances so long as their use and effect are clearly identified and adequately justified.131In setting the Final Penalty Amount, NERC or the Regional Entity may, at the written request of the violator, review the Adjusted Penalty Amount, based on relevant, verifiable information on the violator’s ability to pay.

  • Extenuating circumstances.129NERC or the Regional Entity may also consider additional factors it deems appropriate under the circumstances so long as their use and effect are clearly identified and adequately justified.130In setting the Final Penalty Amount, NERC or the Regional Entity may, at the written request of the violator, review the Adjusted Penalty Amount, based on relevant, verifiable information on the violator’s ability to pay.