Cost Maximum definition

Cost Maximum means, with respect to the performance of Work on each of the facilities in the Plan of Service by a Constructing Party, the estimated cost of such Work plus a reasonable contingency, all as set forth in Exhibit B. [Insert in Exhibit B the amount of the estimate by each Constructing Party of the Cost of the Work it is to perform plus a reasonable contingency; provided that such amount in Exhibit B may differ from Constructing Party’s estimate of the Cost of such Work (plus a reasonable contingency) and instead equal ColumbiaGrid’s estimate of the Cost of such Work (plus a reasonable contingency) if (i) ColumbiaGrid determines for good cause at the time it offers and enters into this Agreement to adopt for this Agreement its estimate rather than the Constructing Party’s or the Constructing
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Cost Maximum means $23,500,000.
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Examples of Cost Maximum in a sentence

  • A Paying Party’s obligation to make payments of (or bear) Cost with respect to any Work shall in the aggregate not exceed (i) its Allocated Cost Maximum for such Work plus (ii) in the event the Constructing Party terminates such Work pursuant to section 9.4, 10.3, or 12, such Paying Party’s share, if any, as specified in such section, of the Termination Cost for such Work.

  • Within ten (10) days of such Notice of Rejection, any non-rejecting Party may elect to assume the amount of the proposed increase in the rejecting Paying Party’s Allocated Cost Maximum with respect to such Work by providing written notification of such assumption to all Parties.

  • By written notice (within thirty (30) days of receipt of the notice from the Constructing Party), each such Paying Party may, but shall not be obligated to, accept the proposed increase to its Allocated Cost Maximum.

  • Cost Maximum: Cost maximum will be estimated as best as possible by request task or the specific engagement.

  • NIS Program Yr^ Base Cost (includes 3 initial and 3 follow up evaluations) Number of Additional Evaluations Additional Evaluations Cost* Maximum Not- to-Exceed Amount+ Invoice submitted by: 1 $3,375.00 August 20, 2026 2 $3,510.00 August 20, 2027 3 $3,650.40 August 20, 2028 4 $3,796.42 August 20, 2029 5 $3,948.27 August 20, 2030 ^Year 1 Base Cost covers Services from the Effective Date through September 2026.

  • Length [LF] Total Project Segment Cost Maximum Eligible Costs Costs Percentage PDEV19-034 Local Adjacent Water WT-016 Recycled Water System Extend the existing 8" recycled water main in G Street from Corona Avenue to Vineyard Avenue.

  • Performance Period Estimated Hours Hourly Rate Extended Cost Maximum Compensation for This Contract Prior to commencing any work that exceeds the Contract specification, written approval from the DSHS must be received.

  • Vendor Active Material Cost Maximum Credit Value1 Additional Products may be added per Section ‎14.2 of the Agreement -- -- -- -- -- 1Halo's liability for Active Material in a given Year shall not exceed this amount in the aggregate for all Active Material indicated.

  • If the Closing Date shall occur as contemplated hereby, the Owner Participant agrees to pay on each Funding Date, Lessor’s Transaction Costs in an aggregate amount not to exceed the Transaction Cost Maximum.

  • The Lessee agrees to pay all Transaction Costs for which the Owner Participant is not responsible pursuant to Section 7.1, including Lessor’s Transaction Costs in excess of the Transaction Cost Maximum, promptly upon receipt of invoices with respect thereto.

Related to Cost Maximum

  • Economic Maximum means the highest incremental MW output level, submitted to PJM market systems by a Market Participant, that a unit can achieve while following economic dispatch.

  • Daily Maximum discharge limitation means the highest allowable “daily discharge” during the calendar month.

  • Total maximum daily load or "TMDL" means the sum of the individual wasteload allocations for point sources, load allocations (LAs) for nonpoint sources, natural background loading and a margin of safety. TMDLs can be expressed in terms of either mass per time, toxicity, or other appropriate measure. The TMDL process provides for point versus nonpoint source trade-offs.

  • Normal Maximum Generation means the highest output level of a generating resource under normal operating conditions.

  • Exceedance means a condition that is detected by monitoring that provides data in terms of an emission limitation or standard and that indicates that emissions (or opacity) are greater than the applicable emission limitation or standard (or less than the applicable standard in the case of a percent reduction requirement) consistent with any averaging period specified for averaging the results of the monitoring.