Penalty Payment definition

Penalty Payment means the additional percentage component as prescribed in the relevant Award clause, paid on top of the hourly rate.
Penalty Payment has the meaning set forth in Section 3.5.1.
Penalty Payment means an amount set by the company for Termination of Offer following Acceptance by User (section 7);

Examples of Penalty Payment in a sentence

  • The foregoing requirements for deposit from the Collection Account shall be exclusive, it being understood and agreed that, without limiting the generality of the foregoing, payments in the nature of late payment charges, bad check fees, prepayment penalties that are not Prepayment Penalties, Originator Prepayment Penalty Payment Amounts or Servicer Prepayment Penalty Payment Amounts, assumption fees and other similar fees need not be deposited by the Servicer in the Collection Account.

  • Upon failure to comply with a precept, the upper limit of penalty payment pursuant to the procedure provided for in the Substitutive Enforcement and Penalty Payment Act is 32,000 euros.

  • Any Relocation Penalty Payment shall be due and payable within fifteen (15) business days after receipt of written notice from the City for such payment.

  • If it is impossible to complete the transportation of radioactive waste or if the requirements for the transportation do not comply with the requirements set out in the application for the transport permit, the Environmental Board shall apply substitutive enforcement in the form of returning the radioactive waste to its initial owner pursuant to the procedure provided for in the Substitutive Enforcement and Penalty Payment Act.

  • Limit of penalty paymentIn the event of failure to comply with a precept, the upper limit of penalty payment imposed pursuant to the procedure provided for in the Substitutive Enforcement and Penalty Payment Act shall be 640 euros.[RT I, 13.03.2014, 4 – entry into force 01.07.2014]§ 27.


More Definitions of Penalty Payment

Penalty Payment is defined in Section 6.3.
Penalty Payment means the hourly rate (as defined) or payment prescribed in the award for time worked in excess of the prescribed weekly minimum or outside the prescribed spread of hours.
Penalty Payment has the meaning assigned to that term in Section 12.2;
Penalty Payment has the meaning set out in Section 5.8;
Penalty Payment means an amount (in addition to the PILOT Payments set out in Section 3.2) that becomes due under this Agreement.
Penalty Payment means the additional percentage component as prescribed in the SAPSSEI Award, paid on top of the hourly rate.
Penalty Payment means a record of the payment of a Penalty Charge;