Minimum Guarantee and Maximum Ceiling Sample Clauses

Minimum Guarantee and Maximum Ceiling. ‌ The minimum guarantee is $2,500 for each OASIS Contractor that does not obtain a task order award for the term of OASIS, including Option I, if exercised. The minimum dollar limitation for an individual task order must exceed the Simplified Acquisition Threshold as defined in FAR Subpart 2.101, as amended. There is no maximum dollar ceiling for each individual task order placed under XXXXX. An unlimited number of task orders may be placed under XXXXX for the term of OASIS, including Option I, if exercised. There is no maximum dollar ceiling for OASIS, including Option I, if exercised.
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Minimum Guarantee and Maximum Ceiling. The minimum dollar guarantee is $2,500.00 for each Contractor that does not obtain a task order award under their HCaTS contract. The minimum dollar guarantee applies to the contract as a whole and not each ordering period, if exercised. The minimum dollar guarantee will be funded by FY16 funds. The minimum dollar amount for an individual task order must exceed the micro-purchase threshold as defined in FAR Section 2.101, as amended. The maximum dollar amount for each individual task order placed under an HCaTS contract is $3.45 billion for Pool 1. An unlimited number of task orders may be placed under an HCaTS contract throughout the ordering period, including options, if exercised. The maximum dollar amount for HCaTS, including all options, if exercised, is $3.45 billion for Pool 1.
Sample 1
Minimum Guarantee and Maximum Ceiling a) The minimum guarantee is $1,000.00 for each Contractor that does not obtain a task order award for the term of this MA-IDIQ.
Sample 1
Minimum Guarantee and Maximum Ceiling a) The minimum guarantee of $1,000.00 will be provided to each Contractor that does not competitively attain a DO/TO award for the five (5) year base ordering period of this FRP MAC.
Sample 1

Related to Minimum Guarantee and Maximum Ceiling

  • Guaranteed Maximum Costs The City’s payment obligation to Contractor cannot at any time exceed the amount certified by City’s Controller for the purpose and period stated in such certification. Absent an authorized Emergency per the City Charter or applicable Code, no City representative is authorized to offer or promise, nor is the City required to honor, any offered or promised payments to Contractor under this Agreement in excess of the certified maximum amount without the Controller having first certified the additional promised amount and the Parties having modified this Agreement as provided in Section 11.5, “Modification of this Agreement.”

  • Maximum Charges In no event whatsoever shall interest and other charges charged hereunder exceed the highest rate permissible under law. In the event interest and other charges as computed hereunder would otherwise exceed the highest rate permitted under law, such excess amount shall be first applied to any unpaid principal balance owed by Borrowers, and if the then remaining excess amount is greater than the previously unpaid principal balance, Lenders shall promptly refund such excess amount to Borrowers and the provisions hereof shall be deemed amended to provide for such permissible rate.

  • Guaranteed Maximum Price The anticipated Guaranteed Maximum Price for the Project at the time this Agreement is executed is: Eleven Million, Two Hundred Twenty-Nine Thousand Dollars and no/100 Dollars ($11,229,000.00).

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

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