Penalty Deductions definition

Penalty Deductions means the deductions as described in Schedule 1: Payment Mechanisms;
Penalty Deductions has the meaning given to it in the PPP Agreement;
Penalty Deductions means the deductions to the Unitary Payments as contemplated in Schedule 1: Payment Mechanisms of the PPP Agreement;

Examples of Penalty Deductions in a sentence

  • In addition to undisputed Penalty Deductions, the Municipality may, at its discretion, retain or setoff any undisputed amount owed to it by the Private Party under this PPP Agreement (other than the Hazardous Waste Levy) which has, by agreement or determination under this PPP Agreement, become due and payable to the Municipality against any amount due to the Private Party under this PPP Agreement, including any termination payment due to the Private Party under this PPP Agreement.