FINANCIAL PENALTIES definition

FINANCIAL PENALTIES means penalties to be paid by the CONTRACTOR to GoM, through adjustments in payments by GoM to the CONTRACTOR or otherwise, upon issuance by GoM of a DEFAULT NOTICE.
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FINANCIAL PENALTIES means penalties to be paid by the CONTRACTOR to QIE, through adjustments in payments by QIE to the CONTRACTOR or otherwise, upon issuance by QIE of a DEFAULT NOTICE.
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FINANCIAL PENALTIES means and includes the withholding of grants, expenses, (including reimbursement of expenses) and other benefits such as equipment.
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Examples of FINANCIAL PENALTIES in a sentence

  • IF FAILURE TO DO SO RESULTS IN FINES, SURCHARGES, CLAIMS, FINANCIAL DEMANDS OR OTHER FINANCIAL PENALTIES BEING IMPOSED ON US, YOU WILL BE RESPONSIBLE FOR INDEMNIFYING AND REIMBURSING US ACCORDINGLY.

  • PERITUS'S SOLE LIABILITY AND BULL'S SOLE REMEDY FOR FAILURE TO MEET THE REPRESENTATIONS AND WARRANTIES IS FOR PERITUS TO REMEDY ANY DEFECTS AS PROVIDED IN SECTION 3, THE IMPOSITION OF FINANCIAL PENALTIES, AS MAY BE APPLICABLE, AS PROVIDED IN SECTION 10, AND TERMINATION FOR CAUSE AS PROVIDED IN SUBSECTION 2.

  • ANY EMPLOYEE FAILING TO DO SO MAY BE SUBJECT TO SUCH DISCIPLINARY ACTION, INCLUDING FINANCIAL PENALTIES AND TERMINATION OF EMPLOYMENT, AS DETERMINED BY THE CODE OF ETHICS OVERSIGHT COMMITTEE OR THE CHIEF EXECUTIVE OFFICER OF ▇▇▇▇▇▇ INVESTMENTS.


More Definitions of FINANCIAL PENALTIES

FINANCIAL PENALTIES. If in a relevant time stipulated for the execution of the project is due and INTI can not finish his obligation, INTI will suffer a fine of 1% per day from a total amount of SUB RING price, with a maximum fine will be triggered to INTI, 5% from the total price of SUB RING.
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