Penalty Fee definition

Penalty Fee means a fee for failure to pay established or assessed fees in a timely manner.
Penalty Fee means the fee plus GST as set out as the Penalty Fee in the Berth Rental Agreement.
Penalty Fee means the penalty fee referred to in section 24C;

Examples of Penalty Fee in a sentence

  • If Licensee was required to perform work and fails to perform such work necessitating its completion by the City, the City may either charge an additional ten percent (10%) to its costs or, if applicable, assess the Failure to Timely Transfer, Abandon or Removal Facilities Penalty Fee.

  • If the LICENSOR determines through an annual inspection that the LICENSOR was undercompensated as required by this Agreement, then the LICENSEE shall pay to the LICENSOR a Penalty Fee.

  • The Penalty Fee shall comprise three times the difference between the actual compensation and the required compensation.

  • Determine the Penalty Fee – this is the fee charged for Investor(s) withdrawing before the Trading Period is over.

  • The formula used to calculate the Withdrawal fee is: Early Withdrawal Fee = Withdrawal Amount * Penalty Fee % (as specified in the Offer).


More Definitions of Penalty Fee

Penalty Fee means the penalty imposed on an Eligible Counterparty in the event of settlement failure in relation to AMBD’s Conventional Standing Facilities;
Penalty Fee means a fee in respect of any early withdrawal from or closure of the Investment Account, in an amount equal to a percentage per annum of the sum withdrawn calculated over the remainder of the fixed or notice period, subject to a minimum fee, all as set out in the Product Rules relating to the Investment Account;
Penalty Fee means a fee payable under regulation 54; “periodic fee” means the fee payable under—
Penalty Fee means a fee assessed for failure to pay for parking, or properly display proof of payment, at a pay and park facility. This term also applies to a fee assessed for unauthorized or over-time parking at a non-pay private parking facility.
Penalty Fee as defined in Section 4.15. ------- ----
Penalty Fee means that fee prescribed in Item 4 of Part A;
Penalty Fee means a fee payable under regulation 52;