Maximum Penalties Sample Clauses

The Maximum Penalties clause sets a cap on the amount of penalties or damages that can be imposed under a contract. In practice, this means that regardless of the number or severity of breaches, the total financial liability for penalties cannot exceed a specified limit, such as a fixed dollar amount or a percentage of the contract value. This clause provides certainty and risk management for parties by preventing disproportionately high penalties and ensuring that potential liabilities remain predictable and manageable.
Maximum Penalties. Defendant understands that the maximum applicable statutory penalties for the counts to which it is pleading are: violation) pursuant to the Clean Water Act, 33 U.S.C. 1321(c)(1)(B), or twice the gross gain or loss resulting from the unlawful conduct, pursuant to the Alternative Fines Act,18 U.S.C. § 3571(c) and (d); a term of probation of five years, pursuant to 18 U.S.C. § 3561(c)(2); and a special assessment of $125, pursuant to 18 U.S.C. § 3013(a)(1)(B)(iii). Defendant understands that, in addition to any other penalty, the Court may order the payment of restitution to any victim of the offenses pursuant to the provisions of 18 U.S.C. § 3663.
View SourceView Similar (2)
Maximum Penalties. Defendant understands that the charge to which he is pleading guilty carries the following maximum penalties:
View SourceView Similar (2)
Maximum Penalties. Where more than one penalty applies in a particular set of circumstances the highest penalty shall apply. (ie. penalties will not be paid on penalties).
View Source
Maximum Penalties. 3 The maximum sentence that the Court can impose on Count One is no less than 5 years and up to 4 20 years imprisonment, a fine of $250,000, a term of supervised release up to life, and a special 5 assessment of $100. By signing this Plea Agreement, the defendant also agrees that the Court can order 6 the payment of restitution for the full loss caused by the defendant’s wrongful conduct. The defendant 7 agrees that the restitution order is not restricted to the amounts alleged in the specific counts to which he 8 is pleading guilty. The defendant further agrees, as noted above, that he will not attempt to discharge in 9 any present or future bankruptcy proceeding any restitution imposed by the Court.
View Source
Maximum Penalties. Defendant understands that the maximum applicable statutory penalties for the counts to which it is pleading are: Case 1:21-cr-00152-DMT Document 4 Filed 08/05/21 Page 4 of 14 Count 1: A maximum fine of either $3,375,000 ($25,000 per day times 135 days of violation) pursuant to the Clean Water Act, 33 U.S.C. 1321(c)(1)(B), or twice the gross gain or loss resulting from the unlawful conduct, pursuant to the Alternative Fines Act,18 U.S.C. § 3571(c) and (d); a term of probation of five years, pursuant to 18 U.S.C. § 3561(c)(2); and a special assessment of $125, pursuant to 18 U.S.C. § 3013(a)(1)(B)(iii). Defendant understands that, in addition to any other penalty, the Court may order the payment of restitution to any victim of the offenses pursuant to the provisions of 18 U.S.C. § 3663.
View Source
Maximum Penalties. The defendant understands that, based on his plea of guilty, he will be subject to the following maximum and mandatory minimum penalties: (a) Maximum term of imprisonment: five (5) years; (b) Mandatory minimum term of imprisonment: none; (c) Term of supervised release: not more than three years; (d) Maximum fine: $250,000.00; (e) Full restitution to all victims of the offense; (f) Mandatory special assessment: $100.00.
View Source

Related to Maximum Penalties

  • Maximum Payments Nothing contained herein shall be deemed to establish or require the payment of a rate of interest or other charges in excess of the maximum permitted by applicable law. In the event that the rate of interest required to be paid or other charges hereunder exceed the maximum permitted by such law, any payments in excess of such maximum shall be credited against amounts owed by the Borrower to the Holder and thus refunded to the Borrower.

  • CONTRACTUAL PENALTIES 1. Should the Accommodated Person fail to pay the price for the accommodation in the agreed amount, by the due date and under the correct variable symbol, he/she is obliged to pay interest on late payments under Section 10(2) of Act No. 176/2004 Coll., on the Disposal of the Property of Public Institutions and the Amendment to Act No. 259/1993 of the National Council of the Slovak Republic, on the Slovak Forestry Chamber, as amended by Act No. 464/2002 Coll., as amended. In addition, he/she is obliged to pay a contractual penalty (even if the contractual obligations are breached not through a fault of the Accommodated Person, e.g., by error of the financial institution) in the amount of 0.3 % of the amount due for each day of delay. The agreement regarding the contractual penalty shall not affect the Landlord’s entitlement to demand compensation for damages. Both entitlements can be exercised by the Landlord concurrently. Both the contractual penalty and the interest on late payments are to be paid via a separate bank transfer to the Landlord’s account stated in Article I in the “Landlord” section hereof (separately from the price for the accommodation). 2. If the payment needs to be searched for due to the incorrectly stated variable symbol, the Accommodated Person shall pay a contractual penalty amounting to EUR 5. 3. In the case of loss or theft of the accommodation card, the Accommodated Person shall pay the Landlord the sum for issuing a new card in the amount of EUR 13, and in the case of loss or theft of the key to the room, he/she shall pay the sum for making an extra key in the amount of EUR 20. The sum for issuing a new card and making an extra key is to be paid by the Accommodated person by a stand- alone wire transfer to the bank account of the Landlord provided in Article I, part “Landlord” of this Contract (separately from the price for accommodation and settlement of contractual penalties and default interest). The Landlord shall provide the Accommodated Person with a replacement key or a new accommodation ID only after the sum stipulated under this paragraph is paid. 4. In compliance with Section 544(1) of the Civil Code, the Accommodated Person is also obliged to pay the contractual penalty even though the Landlord did not incur any damage as a result of a breach of the obligations of the Accommodated Person.

  • 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);

  • Maximum Payment The maximum period or aggregate of periods of accident make-up pay to be made by an Employer will be a total of 39 weeks for any one injury.

  • - 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.