Maximum Order Value Clause Samples

Maximum Order Value. Purchase Orders issued pursuant to this Contract may not exceed, individually or in the aggregate, a total value of $34,000, increased every City fiscal year by the percentage increase in the CPI-U from January 1, 2020, to the most recently published CPI-U, and rounded to the nearest one thousand dollars ($1,000). Increases shall take effect upon certification by the Procurement Commissioner. This Contract and any Purchase Order(s) issued pursuant to the Contract shall expire and become null and void (1) when the total value thereof exceeds the maximum order value detailed herein, and/or (2) upon the expiration of the Contract Term. The City shall have no obligation to receive or pay for products or services in excess of this maximum amount, or that are ordered after the expiration of the term of the Contract. Sellers are responsible for monitoring Purchase Orders and for ensuring that they do not deliver to the City products and services in excess of the maximum order value (or such lesser value as may be specified in PHLContracts), or products and services ordered after expiration of the Contract Term.
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Maximum Order Value. The Contractor is not to accept an order from the County of Santa ▇▇▇▇ that contains any item that has a unit price of $150.00 or more, including tax. There will be only two exceptions to this: 1. Toner cartridges may be purchased by a County of Santa ▇▇▇▇ Department end user for up to $400.00 each, this will include tax. 2. Any order generated from the Purchasing Division.
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Maximum Order Value. Purchase Orders issued pursuant to this Contract may not exceed, individually or in the aggregate, a total value of $34,000. This Contract and any Purchase Order(s) issued pursuant to the Contract shall expire and become null and void (1) when the total value thereof exceeds $34,000, and/or (2) upon the expiration of the fiscal year that includes the Effective Date of the Contract (a City fiscal year is from July 1 through June 30). The City shall have no obligation to receive or pay for products or services in excess of this maximum amount, or that are ordered after the expiration of the term of the Contract. Sellers are responsible for monitoring Purchase Orders and for ensuring that they do not deliver to the City products and services in excess of the maximum $34,000 value (or such lesser value as may be specified in PHLContracts), or products and services ordered after expiration of the term of the Contract.
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Related to Maximum Order Value

  • Maximum order The Contractor is not obligated to honor— (1) Any order for a single item in excess of N/A per year (2) Any order for a combination of items in excess of N/A per year (3) A series of orders from the same ordering office within 365 days that together call for quantities exceeding the limitation in paragraph (b)(1) or (2) of this section.

  • Minimum Order When the Government requires supplies or services covered by this contract in an amount of less than one each, the Government is not obligated to purchase, nor is the Contractor obligated to furnish those supplies or services under the contract.

  • Minimum Orders Client may order Manufacturing Services for batches of Products only in multiples of the Minimum Order Quantities as set out in Schedule B to a Product Agreement.

  • MINIMUM ORDER QUANTITY The State makes no commitment to purchase any minimum or maximum quantity, or dollar volume of products from the selected suppliers. Utilization of this agreement will be on an as needed basis by State Agencies and/or Cooperative Participants, Cities, Counties, Schools K-12, Colleges and Universities. The State will award to multiple suppliers; however, the State reserves the right to purchase like and similar products from other suppliers as necessary to meet operational requirements.

  • Maximum or Minimum Interest Rate If specified on the face hereof, this Note may have either or both of a Maximum Interest Rate or a Minimum Interest Rate. If a Maximum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever exceed such Maximum Interest Rate and in the event that the interest rate on any Interest Reset Date would exceed such Maximum Interest Rate (as if no Maximum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Maximum Interest Rate. If a Minimum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever be less than such Minimum Interest Rate and in the event that the interest rate on any Interest Reset Date would be less than such Minimum Interest Rate (as if no Minimum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Minimum Interest Rate. Notwithstanding anything to the contrary contained herein, the interest rate on a Floating Rate Note shall not exceed the maximum interest rate permitted by applicable law.