Penalty Fee means a fee for failure to pay established or assessed fees in a timely manner.
Penalty Fee means the penalty fee referred to in section 24C;
Examples of Penalty Fee in a sentence
If Customer fails to submit to Bank information and/or paperwork specified in the Agreement, then Bank will charge a Penalty Fee of EUR 14.23 (fourteen euro and 23 cents) per each day of delay.
Customer will be liable for both direct and indirect loss incurred by Bank and / or third parties in accordance with the General Terms and Conditions of Transactions and other agreements entered into between Customer and Bank, including cases where the value of the loss exceeds the amount of Penalty Fee.
Bank may charge the Penalty Fee from the amount repayable to the beneficiary of the Deposit Principal and/or Deposit Interest.
In respect of Deposit 33, Penalty Fee is calculated for 90 (ninety) calendar days.
More Definitions of Penalty Fee
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 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any early withdrawal from or closure of the Investment Account, in an amount equal to a percentage per annum of the sum withdrawn calculated over the remainder of the fixed or notice period, subject to a minimum fee, all as set out in the Product Rules relating to the Investment Account;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 the penalty imposed on an Eligible Counterparty in the event of settlement failure in relation to AMBD’s Conventional Standing Facilities;
Penalty Fee is a charge to a Customer after the grace period has passed due to late payment of their outstanding loan.
Penalty Fee. Fees that may be charged against the DPA for failing to meet the delegated processing 12-month timeframe.
Penalty Fee as defined in Section 4.15. ------- ----