Financial Sanction definition

Financial Sanction means a specified amount to be paid by a broadcaster for a breach by the broadcaster as directed by the Court under section 55(1) or the Authority under section 55(3);

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Financial Sanction means sanction of expenditure for the purposes specified in column 2 of the Second Schedule of these rules by the authorities mentioned in column 3 and to the extent specified in column 4 thereof. In other cases, where financial sanction is beyond the powers of sanctioning authorities or where it is not delegated to any authority, “Financial Sanction” means sanction of expenditure accorded by Administrative Department acting in consultation with Finance Department.

Financial Sanction means any financial punishments or reprimands which the Society may levy on any Service, Club, Independent Student Group, Student Association or any group applying for funding from the Funding Committee (subject to the Societyʼs ability to enforce Financial Sanctions against such a group);

Examples of Financial Sanction in a sentence

To acknowledge and adhere to the HealthChoice Financial Sanction Policy, as outlined in Appendix I.
MDHHS may in its sole discretion make a determination regarding continued participation, continued participation but with a Financial Sanction, or termination of the participant from PCMH Initiative if non-compliance is a continuing issue.
The GIS works management framework should have provision to select individual or multiple approved works and able to generate Financial Sanction (FS).
The Contractor shall, when entering into any subcontract arrangements, comply with the provisions Part 3 (Work Activity Management — Financial Sanction and Validation) of the Programme Management Schedule and of Parts 1 and 2 of the Subcontracting/Procurement Schedule (as applicable).
The Customer agrees that blocked payments / funds will be released only after due authorization and the release of funds will depend on United States of America Office of Foreign Assets Control (OFAC) or Office of Financial Sanction Implementation (OFSI) decision, which might take several months or years.

More Definitions of Financial Sanction

Financial Sanction means the reduction of an amount paid to a PO or Practice (without the opportunity for payment recovery).

Financial Sanction means funds in an amount corresponding to a financial sanction imposed in the sense of Article 7 (2) of CSDR as a result of the Settlement Failure and paid by the Bank; for this reason, the Client is obliged to compensate the Bank, except for cases where the Transaction Settlement Failure is caused by the Bank as a result of breach of its obligations in connection with the provision of Services concerning the Transactions with Securities under the Contract.

Financial Sanction. - means the sanction of Government or of an authority to which power has been delegated, to expenditure of public money for a specified purpose, and is subject to appropriation of funds.

Financial Sanction means a specified amount to be paid by a broad-

Financial Sanction means sanction accorded by the Competent Authority to the expenditure by a separate order or by signature or counte-signatures on bills or proposals.

Financial Sanction means the amount to be paid by an air carrier as ordered by the Court under Regulation 3(4) or specified by the coordinator under Regu- lation 4(2) or (7);

Financial Sanction means sanction accorded from the competent authority for expenditure by a separate order or by signature or counter signature on bills or proposals.