Common use of Maximum Commitment Clause in Contracts

Maximum Commitment. The maximum aggregate amount payable by NYSERDA to the Contractor shall be the amount presently obligated and available for payment under the Agreement $ , representing funding for the Stage 1 effort. NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Contractor in the performance and completion of the Work. If NYSERDA decides to fund the Stage 2 effort for $ amount payable by NYSERDA to the Contractor shall be $ ,the maximum aggregate and NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Contractor in the performance and completion of the Work. If NYSERDA decides to fund the Stage 3 effort for $ amount payable by NYSERDA to the Contractor shall be $ ,the maximum aggregate and NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Contractor in the performance and completion of the Work.