PREMIUMS and PENALTIES Sample Clauses

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PREMIUMS and PENALTIES. For FIXED PRICE contracts premiums and penalties shall be calculated at the contract price on the rates set out above. For POOL contracts premiums and penalties shall be calculated at the average price of all POOL sales by the method set out above (11).
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PREMIUMS and PENALTIES. In the event that the Coal delivered by Seller to Buyer hereunder varies from the Specifications provided in Schedule 4.1 for Calorific Value, premiums and penalties shall be calculated as set forth herein. Buyer will calculate a Calorific Value Adjustment as determined pursuant to Schedule 5.1. Within 10 Days after the end of each Month, the premiums and penalties, if any, shall be netted against each other and the net premium or penalties, as appropriate, for all Shipments during said Month shall be determined by Buyer (subject to the sampling and weighing procedures set forth in Schedule 4.3) and Buyer shall pay Seller the premiums, if any, or Seller shall pay Buyer the penalties, if any, calculated on the applicable Contract Price according to the procedure set forth in Schedule 5.1.
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PREMIUMS and PENALTIES. If AWVMC actually receives a premium payment for any Coal delivered from the Premises to the Processing Plant under the Mettiki Agreement, AWVMC shall pay to Independent Contractor an amount equal to [*](4) of such premium payment within twenty (20) days of receipt of the same by AWVMC. If AWVMC actually pays a penalty for any Coal delivered from the Premises to the Processing Plant under the Mettiki Agreement, Independent Contractor shall pay to AWVMC an amount equal to [*](4) of such penalty within twenty (20) days of receipt by Independent Contractor of written notice of such penalty from AWVMC. AWVMC shall have the right to deduct such amount from the payment of the Contract Price under Section 5.2. ---------- 4 Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission (the "Commission"). The omitted portions, marked by "[*]", have been filed separately with the Commission.
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PREMIUMS and PENALTIES. (a) If an Employee is unable to have a meal period by the times specified in Article Ten (10), Section (a), the Company shall be required to pay a meal penalty of two times (2x) the rate of pay in use and effect based on hourly increments, but calculated in one-tenth (.1) hour segments until such a meal period is provided. Any part of a one-tenth (.1) hour segment shall constitute a full one-tenth (.1) hour segment, and at no time shall the rate of pay exceed three times (3x) the basic hourly rate. In the event that an Employee is working beyond the first (1st) hour of the second (2nd) meal penalty, the Company shall discuss with the Shop ▇▇▇▇▇▇▇ the most appropriate course of action in terms of addressing meal periods and provide the Employees with a reasonable “walking meal” if no proper meal period is taken. (b) Encroachment on an Employee’s rest period shall be paid at two times (2x) the rate in effect during the last hour worked prior to the completion of the appropriate rest period, calculated in one-tenth (.1) segments. In no circumstances shall the penalty exceed three times (3x) the basic hourly rate. (c) For Features only, work commencing between midnight and 4:00 a.m., exclusive of paid holidays, penalties or overtime, shall be paid at two times (2x) the basic hourly rate in effect in one-tenth (.1) hour increments for the day in question until 4:00 a.m., at which time it will revert back to the applicable hourly rate until overtime or penalties are incurred. At no time shall the rate of pay between midnight and 4:00 a.m. exceed three times (3x) the basic hourly rate as prescribed in the applicable wage schedules.
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Related to PREMIUMS and PENALTIES

  • Fines and Penalties Qwest shall be liable to pay to CLEC fines and penalties for resold services in accordance with the Commission's retail service requirements that apply to Qwest retail services, if any. Such credits shall be limited in accordance with the following: a) Qwest's fines and penalties paid to CLEC shall be subject to the wholesale discount; b) Qwest shall only be liable to provide fines and penalties in accordance with the resold services provided to CLEC. Qwest is not required to pay fines and penalties for service failures that are the fault of CLEC; c) Intentionally Left Blank. d) In no case shall Qwest's fines and penalties to CLEC exceed the amount Qwest would pay the Commission under the service quality plan, less any wholesale discount applicable to CLEC's resold services; and e) In no case shall Qwest be required to provide duplicate reimbursement or payment to CLEC for any service quality failure incident.

  • Submitting False Claims; Monetary Penalties The AOC shall be entitled to remedy any false claims, as defined in California Government Code section 12650 et seq., made to the AOC by the Contractor or any Subcontractor under the standards set forth in Government Code section 12650 et seq. Any Contractor or Subcontractor who submits a false claim shall be liable to the AOC for three times the amount of damages that the AOC sustains because of the false claim. A Contractor or Subcontractor who submits a false claim shall also be liable to the AOC for (a) the costs, including attorney fees, of a civil action brought to recover any of those penalties or damages, and (b) a civil penalty of up to $10,000 for each false claim.

  • - FINANCIAL PENALTIES By virtue of the Financial Regulation applicable to the general budget of the European Communities, any beneficiary declared to be in grave breach of his obligations shall be liable to financial penalties of between 2% and 10% of the value of the grant in question, with due regard for the principle of proportionality. This rate may be increased to between 4% and 20% in the event of a repeated breach in the five years following the first. The beneficiary shall be notified in writing of any decision by the Commission to apply such financial penalties.

  • Judgments; Penalties One or more fines, penalties or final judgments, orders or decrees for the payment of money in an amount, individually or in the aggregate, of at least Two Hundred Fifty Thousand Dollars ($250,000.00) (not covered by independent third-party insurance as to which liability has been accepted by such insurance carrier) shall be rendered against Borrower by any Governmental Authority, and the same are not, within ten (10) days after the entry, assessment or issuance thereof, discharged, satisfied, or paid, or after execution thereof, stayed or bonded pending appeal, or such judgments are not discharged prior to the expiration of any such stay (provided that no Credit Extensions will be made prior to the satisfaction, payment, discharge, stay, or bonding of such fine, penalty, judgment, order or decree);

  • Payment of Stipulated Penalties EPA may send Purchaser a demand for stipulated penalties. The demand will include a description of the noncompliance and will specify the amount of the stipulated penalties owed. Purchaser may initiate dispute resolution under Section XIII regarding the demand. Purchaser shall pay the amount demanded or, if Purchaser initiates dispute resolution, the uncontested portion of the amount demanded, within 30 days after receipt of the demand. Purchaser shall pay the contested portion of the penalties determined to be owed, if any, within 30 days after the resolution of the dispute. Each payment for: (a) the uncontested penalty demand or uncontested portion, if late, and; (b) the contested portion of the penalty demand determined to be owed, if any, must include an additional amount for Interest accrued from the date of receipt of the demand through the date of payment. Purchaser shall make payment at ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇ using the link for “EPA Miscellaneous Payments Cincinnati Finance Center,” including a reference to the CERCLA docket number and Site/Spill ID number listed in ¶ 92, and the purpose of the payment. Purchaser shall send a notice of this payment to DOJ and EPA. The payment of stipulated penalties and Interest, if any, does not alter any obligation by Purchaser under this Settlement. Nothing in this Settlement limits the authority of the United States: (a) to seek any remedy otherwise provided by law for Purchaser’s failure to pay stipulated penalties or interest; or (b) to seek any other remedies or sanctions available by virtue of Purchaser’s noncompliance with this Settlement or of the statutes and regulations upon which it is based including penalties under section 106(b) of CERCLA provided, however, that the United States may not seek civil penalties under section 106(b) for any noncompliance for which a stipulated penalty is provided herein, except in the case of a willful noncompliance with this Settlement or in the event that EPA assumes performance of a portion or all of the Work pursuant to ¶ 30 (Work Takeover). Notwithstanding any other provision of this Section, the United States may, in its unreviewable discretion, waive any portion of stipulated penalties that have accrued under this Settlement.