Non-Compliance Fee definition

Non-Compliance Fee means a daily fee payable by Borrower equal to the greater of (i) $500, or (ii) five one-hundredths of one percent (0.05%) of the outstanding principal balance of the Obligations as of any date of determination.
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Non-Compliance Fee means a fee to be paid by Licensee and/or its Affiliated Companies to LLA in accordance with the classification of Non-Compliance.
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Non-Compliance Fee means an assessment American Express may elect to receive under the Operating Regulations if Service Agent fails to: (a) meet a Performance Standard; (b) comply with certain provisions in this Agreement or the Operating Regulations; or (c) implement a required update to the Operating Regulations.
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Examples of Non-Compliance Fee in a sentence

  • With respect to American Express, in addition to those fees set forth in Schedule A, Merchant shall pay the following fees where applicable: Technical Specifications of Non-Compliance Fee: 0.75% of the face amount of the Charge; Data Quality Fee: 0.75% of the face amount of the Charge.

  • Failing to open for business at the required time, or closing early, shall constitute a violation of this section and a Non-Compliance Fee may be assessed upon the first and subsequent violations.

  • Data Incident Non-Compliance Fee: refer to DSOP for applicable amounts; Data Security Non-Validation Fee: refer to DSOP for applicable amounts; Existing AXP Merchant Access Fee: 0.3% of the face amount of the Charge; Amex Inbound Fee: 0.40% of the face amount of the Charge; Non-swiped Application-initiated Transaction Fee: 0.30% of the face amount of each non-swiped Charge.

  • If a student DOES NOT meet the requirements for an exception and moves off campus without authorization, they will be assessed a $5000 Residency Requirement Non-Compliance Fee.

  • The PCI Non-Compliance Fee shall be non-refundable once paid by You, even if compliance is achieved during the month of payment.

  • Failure for the concessionaire to complete refurbishment by the required due date unless otherwise approved by the Vice President of Concessions will result in a Non-Compliance Fee as set forth in the Schedule of Charges.

  • The PCI Non-Compliance Fee shall be assessed on a per-location basis, so that multiple locations shall be required to pay a PCI Non-Compliance Fee for any location that is in Non- Compliance.

  • The Bank reserves the right to increase the PCI Non-Compliance Fee by providing fifteen (15) days’ notice to You.

  • Merchant will be subject to a PCI Non-Compliance Fee each month that Merchant is not PCI Compliant.

  • If it is uploaded after the 25th of a given month, you will be liable for the PCI Non-Compliance Fee for that month.