Maximum Cost Sample Clauses
The Maximum Cost clause sets a ceiling on the total amount that can be charged or reimbursed under a contract. In practice, this means that regardless of actual expenses incurred, payments cannot exceed the specified maximum limit, and any costs beyond this cap are not recoverable unless the contract is formally amended. This clause serves to protect parties from unexpected or runaway costs, ensuring budget predictability and financial control throughout the contractual relationship.
POPULAR SAMPLE Copied 2 times
Maximum Cost. CONSULTANT expressly acknowledges that the total cost to complete all tasks set forth in “Exhibit A” must not exceed dollars ($ ) (“Maximum Cost”). When CONSULTANT has billed 75% of the Maximum Cost, CONSULTANT shall provide written notice to CITY’s Project Manager that CONSULTANT has expended 75% of the Maximum Cost.
Maximum Cost. The Maximum Cost to be paid to Supplier for Services will be the amount authorized in Purchase Orders authorizing the Services. Supplier will not perform Services in excess of the Maximum Cost specified in the Purchase Order unless authorized in advance by HP in a Change Order.
Maximum Cost. The "Maximum Cost" to be paid to EMS and/or RIC for contract engineering services will be the amount authorized in applicable Purchase Orders authorizing the contract engineering services. EMS and/or RIC will not perform contract engineering services in excess of the Maximum Cost specified in the Purchase Order unless authorized in advance by HP in a Change Order.
Maximum Cost. This is a cost reimbursable Contract with a maximum cost and contains a maximum fee and is subject to the conditions set forth in General Provisions 4 (GP4) article 14. ▇▇▇▇▇▇ agrees to negotiate promptly and in good faith with ▇▇▇▇▇ for the purpose of definitizing this Contract for the Goods/Services set forth herein. The maximum cost and maximum fee is subject to negotiation and downward adjustment only. The maximum cost breakdown is as follows:
A. Estimated Cost: $
B. Cost of Money (COM): $
C. Fee: $ Total Estimated Price (A. plus B. plus C.): $
Maximum Cost. After giving effect to the making of such Construction Advance, (i) the Asset Cost of the Assets shall not exceed the Fair Market Sales Value of such Assets as set forth in the Appraisal thereof delivered pursuant to Section 3.1(l), and (ii) the aggregate Asset Costs of all Assets subject to this Agreement shall not exceed the Maximum Cost.
Maximum Cost. The Maximum Cost to be paid to Supplier for Services will be the amount authorized in Purchase Orders authorizing the Services. Supplier will not perform Services in excess of the Maximum Cost specified any Statement of Work and authorized by a Purchase Order. Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as [****]. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission
Maximum Cost. After giving effect to such purchase, (i) the Acquisition Cost of the Assets shall not exceed the Fair Market Sales Value of such Assets as set forth in the Appraisal thereof delivered pursuant to clause (l), and (ii) the aggregate Asset Costs of all Assets subject to this Agreement shall not exceed the Maximum Cost.
Maximum Cost. POET LAUREATE expressly acknowledges that the total cost to complete all tasks set forth in “Exhibit A” must not exceed dollars ($ ) (“Maximum Cost”). When POET LAUREATE has billed 75% of the Maximum Cost, POET LAUREATE shall provide written notice to CITY’s Project Manager that POET LAUREATE has expended 75% of the Maximum Cost.
Maximum Cost. Notwithstanding any provision in this Agreement to the contrary the agreed ceiling for the repayment of development and construction costs shall be an amount agreed upon by the Tribe and the Manager on or before the execution of the Compact.
Maximum Cost. Section 6.1 of the Agreement is amended to increase the annual not to exceed amount under this Agreement to One Million Five Hundred Thousand Dollars ($1,500,000) for additional substation projects.