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, following any Payment Event, the Lending Company delays any payments due to the Issuer under any of the Transaction Documents by more than 10 days, the Lending Company will pay to the Issuer the Pending Payments Penalty Fee.

  • Late Penalty Fee of 3% of the gross charges, subject to a minimum charge of $9.00.

  • Penalty Fee i) $50, charged after a second or subsequent "failed” inspection on the same item and/or inspection.

  • Penalty Fee issued by the Health and Safety Officer of the Client, will be deducted from the Payment Certificate issued for work completed.

  • 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.


More Definitions of Penalty Fee

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any early withdrawal from or closure of the Investment Account, in an amount equal to a percentage per annum of the sum withdrawn calculated over the remainder of the fixed or notice period, subject to a minimum fee, all as set out in the Product Rules relating to the Investment Account;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 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 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 payable under regulation 54; “periodic fee” means the fee payable under—
Penalty Fee shall have the meaning set forth in Section 2.9.
Penalty Fee means a fee to be paid in arrears by the users due to not
Penalty Fee means a fee payable under regulation 49;