Fine Amount Calculations Clause Samples

The Fine Amount Calculations clause defines how financial penalties are determined when a party breaches specific terms of an agreement. It typically outlines the formula or method used to calculate the fine, such as a fixed sum, a percentage of the contract value, or a daily rate for each day of non-compliance. This clause ensures transparency and predictability in the enforcement of penalties, helping both parties understand the financial consequences of a breach and reducing disputes over penalty amounts.
Fine Amount Calculations. Pursuant to Guideline §§ 8C2.1 and 8C2.10, the amount of the fine to be imposed is to be based upon the factors set forth at Title 18, United States Code, Sections 3553 and 3572.
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Fine Amount Calculations i. Base fine. Pursuant to Guidelines §§ 8C2.3(a) and 8C2.4(b) and § 2C1.1(d)(1)(B), the base fine is the value of the benefit received in return for the payment. It is the government’s position that the value of the benefit received was at least approximately $2 million. Defendant reserves the right to argue that the value of the benefit received was less than $1,500,000.
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Related to Fine Amount Calculations

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Interest Rates Payments and Calculations (a) Interest Rates. From the Effective Date, all Obligations charged to the Loan Account with respect to the Loans shall, subject to Section 2.5(c)(ii), bear interest payable in cash on the Outstanding Amount at a rate per annum equal to ABR plus the Applicable Margin and shall be payable in accordance with Section 2.5(c).

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.