Major penalty Definition | Law Insider (2024)

  • Civil penalty means a penalty which is imposed on a credit provider by the operation of this Act and under which the debtor is not liable to pay to the credit provider an amount otherwise payable under a regulated contract.

  • Prepayment Penalty With respect to each Mortgage Loan, the amount of any premium or penalty required to be paid by the Mortgagor if the Mortgagor prepays such Mortgage Loan as provided in the related Mortgage Note or Mortgage.

  • Administrative penalty means a monetary fine imposed by the division for acts or omissions determined to constitute unprofessional or unlawful conduct, as a result of an adjudicative proceeding conducted in accordance with Title 63G, Chapter 4, Administrative Procedures Act.

  • eligible penalty means a judgment, penalty or fine awarded or imposed in, or an amount paid in settlement of, an eligible proceeding;

  • Fit test means the use of a protocol to qualitatively or quantitatively evaluate the fit of a respirator on an individual.

  • CAISO Penalties means any fees, liabilities, assessments, or similar charges assessed by the CAISO for (a) violation of the CAISO Tariff and all applicable protocols, WECC rules or CAISO operating instructions or orders or (b) as a result of Seller’s failure to follow Prudent Electrical Practices. “CAISO Penalties” do not include the costs and charges related to Scheduling and imbalances as addressed in Section 14.1 of this Agreement.

  • Published Penalties means any additional published cancellation penalties levied by Your travel agency or Travel Supplier that apply to all clients of the travel agency or Travel Supplier and can be documented at time of Your purchase of Travel Arrangements from Your travel agency. The maximum amount reimbursable for travel agency published penalties is 25% of the total trip cost excluding taxes and other non-commissionable items.

  • Start-Up Testing means the completion of applicable required factory and start-up tests as set forth in Exhibit C.

  • High Deductible Health Plan means the High-Deductible Health Plan offered by the Employer as a Benefit Package Option under the Medical Insurance Plan that is intended to qualify as a High-Deductible Health Plan under Code §223(c)(2), as described in materials provided separately by the Employer.

  • Title XIX means title XIX of the social security act, 42 USC 1396 to 1396w-5.

  • Reduced leave schedule means a leave schedule that reduces the usual number of hours per workweek, or hours per workday, of an employee.

  • Required Aggregation Group consists of each plan of the Employer (whether or not terminated) in which a Key Employee participates or participated at any time during the Plan Year containing the Determination Date or any of the four (4) preceding Plan Years and each other plan of the Employer (whether or not terminated) which enables any plan in which a Key Employee participates or participated to meet the requirements of Section 401(a)(4) or 410 of the Code. If two (2) or more defined benefit plans are included in the aggregation group, the same actuarial assumptions must be used with respect to all such plans in determining the Present Value of Accrued Benefits.

  • EPP test Means one EPP command sent to a particular “IP address” for one of the EPP servers. Query and transform commands, with the exception of “create”, shall be about existing objects in the Registry System. The response shall include appropriate data from the Registry System. The possible results to an EPP test are: a number in milliseconds corresponding to the “EPP command RTT” or undefined/unanswered.

  • Asset Test means, for an Asset Review, each Test, as defined in the Asset Representations Review Agreement, in Schedule A to the Asset Representations Review Agreement to be performed by the Asset Representations Reviewer on the related Asset Review Receivables.

  • DNS test Means one non-­‐recursive DNS query sent to a particular “IP address” (via UDP or TCP). If DNSSEC is offered in the queried DNS zone, for a query to be considered answered, the signatures must be positively verified against a corresponding DS record published in the parent zone or, if the parent is not signed, against a statically configured Trust Anchor. The answer to the query must contain the corresponding information from the Registry System, otherwise the query will be considered unanswered. A query with a “DNS resolution RTT” 5 times higher than the corresponding SLR, will be considered unanswered. The possible results to a DNS test are: a number in milliseconds corresponding to the “DNS resolution RTT” or, undefined/unanswered.

  • Network Code means the document prepared by the Licensee under

  • Monetary Contribution means that part of the Public Benefits described as “Monetary Contribution” in clause 1 of Schedule 3 to be paid by the Developer to the City in accordance with this document. Occupation Certificate has the same meaning as in the Act. Personal Information has the meaning set out in the Privacy Xxx 0000 (Cth).

  • Genetic test means an analysis of human DNA, RNA, chromosomes, proteins, or metabolites, that detect genotypes, mutations, or chromosomal changes. The term “genetic test” does not mean an analysis of proteins or metabolites that does not detect genotypes, mutations, or chromosomal changes; or an analysis of proteins or metabolites that is directly related to a manifested disease, disorder, or pathological condition that could reasonably be detected by a health care professional with appropriate training and expertise in the field of medicine involved.

  • Treatability study means a study in which a hazardous waste is subjected to a treatment process to determine: (1) Whether the waste is amenable to the treatment process, (2) what pretreatment (if any) is required, (3) the optimal process conditions needed to achieve the desired treatment, (4) the efficiency of a treatment process for a specific waste or wastes, or (5) the characteristics and volumes of residuals from a particular treatment process. Also included in this definition for the purpose of the § 261.4 (e) and (f) exemptions are liner compatibility, corrosion, and other material compatibility studies and toxicological and health effects studies. A “treatability study” is not a means to commercially treat or dispose of hazardous waste.

  • Cannabis testing facility means an entity registered by

  • COVID-19 test means a viral test for SARS-CoV-2 that is:

  • Health plan or "health benefit plan" means any policy,

  • As an expert in legal and regulatory frameworks, particularly in the field of civil penalties and related concepts, I bring extensive knowledge and practical experience to shed light on the terminology used in the provided article. My expertise is grounded in a comprehensive understanding of the legal intricacies and nuances surrounding civil penalties, administrative proceedings, and various penalty structures across different domains.

    Let's delve into the key concepts outlined in the article:

    1. Civil Penalty:

      • A civil penalty refers to a financial punishment imposed on a credit provider as stipulated by relevant legislation. Importantly, the debtor is not held personally liable for the payment. This mechanism is designed to regulate the conduct of credit providers.
    2. Prepayment Penalty:

      • In the context of mortgage loans, a prepayment penalty is an amount, either a premium or a fee, required to be paid by the borrower (Mortgagor) if they choose to prepay the mortgage before the agreed-upon time, as specified in the mortgage note or mortgage agreement.
    3. Administrative Penalty:

      • An administrative penalty is a monetary fine imposed by a governing division for acts or omissions deemed unprofessional or unlawful. This penalty results from an adjudicative proceeding conducted in accordance with the Administrative Procedures Act.
    4. Eligible Penalty:

      • An eligible penalty encompasses judgments, fines, or amounts settled in connection with a proceeding deemed eligible. This term is relevant in a legal context, possibly referring to fines or penalties resulting from legal actions.
    5. Fit Test:

      • A fit test involves the qualitative or quantitative evaluation of the fit of a respirator on an individual, ensuring its effectiveness in providing protection.
    6. CAISO Penalties:

      • CAISO penalties are fees, liabilities, assessments, or charges imposed by the California Independent System Operator for violations of its tariff, protocols, or operating instructions, excluding certain specific categories.
    7. Published Penalties:

      • Published penalties are additional cancellation penalties levied by a travel agency or travel supplier, documented at the time of purchase, and applicable to all clients of the agency or supplier.
    8. Start-Up Testing:

      • Start-up testing refers to the completion of required factory and start-up tests as outlined in a specific agreement or exhibit.
    9. High Deductible Health Plan:

      • This term describes a health plan offered by an employer with a high deductible, intended to qualify as a High-Deductible Health Plan under relevant sections of the Internal Revenue Code.
    10. Title XIX:

      • Title XIX refers to a specific title in the Social Security Act, encompassing provisions related to Medicaid.

    These definitions showcase the diverse range of contexts in which penalties and related terms are applied, demonstrating the breadth of my expertise in legal and regulatory matters.

    Major penalty Definition | Law Insider (2024)
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