Common use of Expenditure Limits Clause in Contracts

Expenditure Limits. Agent's Authority The AGENT will have the authority to charge the OWNER for ordinary outward physical condition repairs, maintenance and all work order and services authorized by this agreement for and in regards to the Rental Property, providing the expenditures for any one item, repair or service call shall not exceed the amount of (SET LIMIT BY OWNER) $ (+hst) for each instance, without the express written consent of the OWNER (given by e-mail or otherwise), except where the AGENT considers the circumstances surrounding the request for the repairs or services to be an emergency and/or the AGENT is unable to secure the prior consent of the OWNER in a timely fashion after making commercially reasonable efforts to do so.

Expenditure Limits. Agent's Authority The AGENT will have the authority to charge the OWNER for ordinary outward physical condition repairs, maintenance and all work order and services authorized by this agreement for and in regards to the Rental Property, providing the expenditures for any one item, repair or service call shall not exceed the amount of (SET LIMIT BY OWNER) $ 150.00 (+hst) for each instance, without the express written consent of the OWNER (given by e-mail or otherwise), except where the AGENT considers the circumstances surrounding the request for the repairs or services to be an emergency and/or the AGENT is unable to secure the prior consent of the OWNER in a timely fashion after making commercially reasonable efforts to do so.. + 3rd party charge, purchases & equipment/rentals (no profiting) - Minimum Admin Cost = $6.25/instance/request