LIMIT ON RATE BILLED Sample Clauses
The "Limit on Rate Billed" clause sets a maximum allowable rate that a service provider can charge for their services under the agreement. In practice, this means that even if the provider's standard rates increase or vary, they cannot bill the client at a rate higher than the specified cap. This clause is commonly used in consulting, legal, or professional services contracts to control costs and provide budget certainty for the client, effectively preventing unexpected or excessive charges.
LIMIT ON RATE BILLED. (a) The PHP agrees to limit charges for services to beneficiaries to the rate set forth in this agreement.
(b) The PHP agrees to charge only for services to beneficiaries that qualify within the limits of law, regulation, and this agreement.
LIMIT ON RATE BILLED. (a) The RTC agrees to limit charges for services to TRICARE beneficiaries to the rate set forth in this agreement.
(b) The RTC agrees to charge only for services to TRICARE beneficiaries that qualify within the limits of law, regulation, and this agreement.
LIMIT ON RATE BILLED. (a) The OTP agrees to limit charges for services to beneficiaries to the rate set forth in this agreement.
(b) The OTP agrees to charge only for services to beneficiaries that qualify within the limits of law, regulation, and this agreement.
LIMIT ON RATE BILLED. (a) The IOP agrees to limit charges for services to beneficiaries to the rate set forth in this agreement.
(b) The IOP agrees to charge only for services to beneficiaries that qualify within the limits of law, regulation, and this agreement.