Financial Limitation. The Company covenants that it will not permit at any time:
Financial Limitation. The total financial obligation of Company is limited to (print amount) Canadian dollars ($ ). Said amount shall not be exceeded without prior written authorization of a duly authorized representative of Company. University shall not be obliged to perform any work beyond the Scope of Work defined in Article 2 above.
Financial Limitation. CCS’s maximum liability for costs associated with the provision of off-site medical or other healthcare services which include, but are not limited to, the off-site services identified in Paragraphs E, G, K, L, M and Q, shall be Two Hundred Fifty Thousand Dollars ($250,000.00) in the aggregate for all Inmates collectively per year, to be pro-rated for any partial contract years (the “Offsite Cap”). Costs for any medical or other health services which are provided to Inmates during any year or partial year which are in excess of the Offsite Cap shall be the responsibility of the County. When the Offsite Cap for the year or any pro-rated partial year is reached, CCS will continue to provide utilization management, extend all provider discounts to the County, and pay these expenses on behalf of the County, as long as the County remains current with payments due under this Agreement. Amounts paid by CCS which are over the Offsite Cap will be periodically reconciled with the County pursuant to Section 3. Should the costs associated with the provision of healthcare services listed above not exceed the Offsite Cap for any year or as pro-rated for a partial year, CCS shall reimburse the County at a rate of One Hundred Percent (100%) of the difference between the actual cost to CCS for these services and the Offsite Cap. The rebate shall be net of any other reconciliation amounts due to CCS under this Agreement. The rebate will be calculated three months after the end of the contract year or any partial year to allow for processing of claims incurred during such year or partial year. In the event CCS receives payment from any third party, including, without limitation, insurance providers, Medicare/Medicaid, Inmates and/or workers compensation, for offsite medical services or other healthcare services, the amount paid to CCS shall be credited against the amounts accrued under the Offsite Cap.
Financial Limitation. Subject to clauses 11.1, 11.2 13.2 and clause 13.3, each party’s total aggregate liability in contract, tort (including negligence or breach of statutory duty), misrepresentation, restitution or otherwise, arising in connection with this Agreement shall be limited to the total Fees paid for the Services during the 12 months immediately preceding the date on which the claim arose.
Financial Limitation. The Board’s power shall be limited in that it shall have no authority to acquire and pay for out of Common Expenses, as defined in Article Six herein, capital additions and improvements or structural alterations (other than for the purposes of replacing portions of the Unrestricted Common Area, subject to the provisions of the Declaration) having a cost in excess of Ten Thousand Dollars ($10,000.00) unless such additions, improvements, or alterations have been approved by a majority of the Owners’ total voting power.
Financial Limitation. The Company covenants that it will not permit at any time: (i) Consolidated Debt to exceed 400% of EBITDA for the most recently ended four fiscal quarter period; or
Financial Limitation. It shall not make or declare any dividend, make any distribution, lend any moneys, redeem any interest or make any similar payment or arrangement to or with the owners of equity interests in the Client (or member of the Client). (i)
Financial Limitation. 3.1 The total financial liability of Parks Canada under this arrangement shall be limited to $25,000 excluding HST in accordance with the Pricing Basis in Annex A in fiscal year 2022-23 related to the services described in Annex A and provided by The Township of Huron-Kinloss, as assigned under authority of this arrangement and such amounts shall not be exceeded without prior written authorization of the Parks Canada representative as reflected in an amendment.
Financial Limitation. Each party’s total aggregate liability in contract, tort (including negligence or breach of statutory duty), misrepresentation, restitution or otherwise, arising in connection with this Agreement shall be limited to the total Fees paid for the Services during the 12 months immediately preceding the date on which the claim arose.
Financial Limitation. 20 6.1B. Liens, Debt and Other Restrictions............................. 20 6.1B.(1) Liens............................................. 20 6.1B.(2) Merger or Consolidation........................... 22 6.1B.(3) Investments....................................... 22 6.1B.(4) Operating Leases.................................. 23 6.1B.(5) Transactions with Related Party................... 23 6.1C. Sale of Property............................................... 24 6.1D. Subsidiary Stock and Debt...................................... 24 6.1E. Restricted Payments............................................ 25 6.1F. ERISA.......................................................... 26 6.1G. Environmental Matters.......................................... 26 6.1H.
