Payment Limitations Clause Samples

Payment Limitations. PROVIDER will not receive nor be entitled to payment for VPK program services before this Contract is fully executed by both parties or after expiration of the Contract.

Payment Limitations. No Interest Period shall extend beyond any date that any principal payment or prepayment is scheduled to be due unless the aggregate principal amount of Borrowings which are Borrowings of Base Rate Loans or which have Interest Periods which will expire on or before such date, less the aggregate amount of any other principal payments or prepayments due during such Interest Period, is equal to or in excess of the amount of such principal payment or prepayment; and

Payment Limitations. No Company will enter into or become subject to any contractual restriction on the payment of the Secured Debt.

Payment Limitations. Delta Dental will make no payment for services or supplies if a claim for such has not been received by Delta Dental within one year following the date the services or supplies were furnished.

Payment Limitations. (1) The total WHIP payments made or attributed per person or legal entity (participant) directly or indirectly may not exceed in the aggregate $50,000 for any fiscal year (see 440-CPM, Part 512, Subpart E, Section 512.45). (2) WHIP 2008 Farm Bill (i) The $50,000 payment limitation is on a fiscal year basis. (ii) Annual payment limitations may not be waived. (iii) Split payments are not allowed. When payment requests for completed practices exceed the annual limitation for a person or legal entity, the portion that exceeds the limitation will not be deferred to the next fiscal year. The balance must be deobligated. (iv) Incremental payments are not allowed. Participants may work ahead of schedule, but certification of satisfactorily completed practices may not be delayed or postponed to circumvent the annual payment limitations. (v) When scheduled practices exceed the annual payment limitation, Form NRCS-CPA-1155, “Conservation Plan and Schedule of Operations,” or Form NRCS-CPA-1156, “Modification,” will show the capped practice cost. Note: Until this step is taken, ProTracts will not allow payment. (vi) Participants who are in multiple contracts and have reached the annual payment limitation will have reductions made at payment. (vii) Payment approval date in ProTracts determines the fiscal year for the annual payment limitation evaluation. Note: Practices completed but not paid by the announced closure of the fiscal year activities in ProTracts will be applied to the payment limitations in the following year, if payment is approved after October 1. (viii) Payments from contracts before fiscal year (FY) 2009 do not count toward the $50,000 payment limit of an FY 2009 WHIP contract. (ix) Payments received for technical assistance is excluded from this limitation. (3) WHIP 2002 Farm Bill There is no annual payment limitation. Payments from contracts before fiscal year (FY) 2009 do not have the $50,000 annual payment limitation. (4) With regard to cost-share agreements with individual Indians or Indians represented by the Bureau of Indian Affairs (BIA), payments exceeding the payment limitation may be made to the Tribal participant if a BIA or Tribal official certifies in writing that no one individual, directly or indirectly, will receive more than the payment limitation. The BIA or Tribal entity must also provide, annually, a listing of individuals and payments made, by tax identification number or other unique identification number, during the previous yea...

Payment Limitations. Neither local funds nor funds appropriated by the General Appropriations Act may be expended to pay the legal fees or expenses of Outside Counsel in

Payment Limitations. You may not make claims under separate benefits for one legal matter.

Payment Limitations. Notwithstanding anything herein to the contrary, the following limitations shall apply to any calculation of payments under this Agreement: a. If the Company’s TSR for the Performance Cycle is negative, the Performance Settlement Factor used to calculate the Award payment shall not exceed the Target amount set forth in Section B of Exhibit A. b. If the Company’s TSR ranking for the Performance Cycle is below the 25th percentile of the TSR of the peers in the Comparator Group, then no payment shall be made under this Agreement. c. If the Company’s Annualized ▇▇▇ for each fiscal year during the Performance Cycle is less than the weighted average Annualized ▇▇▇ of the companies that comprise the S&P midcap 400 for each such year during the Performance Cycle (as reported by Bloomberg, or a similar reporting service if Bloomberg is unavailable), then the amount that would otherwise have been paid under Section 1(d) of this Agreement shall be reduced by twenty-five percent (25%).

Payment Limitations. 7.8.1 It is expressly understood and agreed that the obligation of the Department of Finance and Administration, through the Bureau of Building, Grounds and Real Property Management, to proceed under this agreement is conditioned upon the appropriation of funds by the Mississippi State Legislature and the receipt of state and/or federal funds. If the funds anticipated for the continuing fulfillment of the Agreement are, at any time, not forthcoming or insufficient, either through the failure of the federal government to provide funds or of the State of Mississippi to appropriate funds or the discontinuance or material alteration of the program under which funds were provided or if funds are not otherwise available to the Department of Finance and Administration, through the Bureau of Building, Grounds and Real Property Management, the Department of Finance and Administration, through the Bureau of Building, Grounds and Real Property Management shall have the right upon ten (10) working days written notice to the Commissioning Authority Professional, to terminate this agreement without damage, penalty, cost or expenses to the Department of Finance and Administration, through the Bureau of Building, Grounds and Real Property Management, of any kind whatsoever. The effective date of termination shall be as specified in the notice of termination.