Penalty Date definition

Penalty Date collectively the "Penalty Dates"), a penalty of two percent (2%) per month, of the Face Amount of the Debenture, shall accrue for each month the Filing Date and/or the Effective Date exceeds the Penalty Date, pro-rated for partial periods. The Company agrees not to include any other registration to this statement without the Investor's consent. *.*.*
Penalty Date has the meaning set forth in Section 6.3 hereof.
Penalty Date means the current bill date plus 23 days.

Examples of Penalty Date in a sentence

  • If Landlord does not commence construction of the Tenant Improvements in the Expansion Space by January 8, 2018 and such delay is not the result of a County Delay (as such term is hereinafter defined) Landlord shall provide the County with rent abatement in the amount of $13,456.00 per month for the period beginning on the Penalty Date and ending on the earlier of (i) the date upon which Landlord commences construction of the Tenant Improvements in the Expansion Space and (ii) October 31, 2018.

  • On the condition that the Corporation has received a Receipt for the Final Prospectus on or before the Penalty Date, any outstanding Special Warrant shall, by its terms, be deemed to have been exercised without any further action on the part of the holder on the third Business Day following the Penalty Date.


More Definitions of Penalty Date

Penalty Date has the meaning ascribed thereto in the fourth paragraph of the recitals to this Agreement;
Penalty Date has the meaning given to it above;
Penalty Date means the date which appears on the bill, except when some other date is expressly required by these rules and regulations or rate schedules, or by an agreement approved by the city. The discount rate is the last date on which bills can be paid at net rates.
Penalty Date means the date of fifteen (15) days after the date of the bill, except when some other date is expressly required by these rules, regulations and rate ordinances, or by an agreement approved by the city. The penalty date is the last date upon which sewer bills can be paid at net rates.
Penalty Date means June 1, 2014, subject to day-for-day postponement on account of Tenant Delays and Force Majeure Delays; and (C) the term “Force Majeure Delays” shall mean and refer to a period of delay or delays encountered affecting all construction work of Landlord’s Work because of: natural disaster, earthquake, floods or other acts of God; fire, explosion, extraordinary adverse weather conditions; acts of Government which generally affects the construction industry in the City of Mountain View (including building moratoria but excluding permit review); or inability to procure or a general shortage of labor, equipment, facilities, energy, materials or supplies in the open market, failure of transportation, strikes or lockouts beyond the control of Landlord which generally affects the construction industry in the San Francisco Bay Area.
Penalty Date means that date (applied on a phase by phase basis) which is thirty (30) days after the "Target Date", provided that the Penalty Date shall be extended one (1) day for each day of actual delay in the Substantial Completion of the Premises occurring as a result of any Force Majeure or Tenant Delays (and, by way of example only, in interpreting the effect of this extension provision, Tenant agrees that if a Tenant Delay under which Tenant failed to take a required action for two (2) days after the date it was required to be taken gives rise to delay in Substantial Completion of fifteen (15) days, for example, due to a ordering backlog or the like, the length of the Tenant Delay, and of the extension granted under this provision, shall be fifteen (15) days). In interpreting the foregoing provisions, the parties agree that it is intended that the Approved Schedule be tolled only one day for every day of actual delay experienced due to the occurrence of a delay due to Tenant Delay or Force Majeure, and that any overlapping delays (meaning any combination of Tenant Delay and Force Majeure delay relating to the same days) will not be double counted. By C-4
Penalty Date. [Addm VII, Section 1] has the meaning set forth in section 2.1 of the Management Agreement.