Expenditure Limit definition

Expenditure Limit. The Contractor shall notify the County ofOrange assigned Deputy Purchasing Agent in writing when the expenditures against the Contract reach 75 percent ofthe dollar limit on the Contract. The County will not be responsible for any expenditure overruns and will not pay for work exceeding the dollar limit on the Contract unless a change order to cover those costs has been issued. Additional Terms and Conditions
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Expenditure Limit means the amount notified by us to you from time to time in accordance with clause 9 as being the maximum allowable Expenditure Balance of the Account;
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Expenditure Limit an aggregate amount equal to (a) $2,000,000 for the Borrower's fiscal year ended December 27, 1997, (b) $2,500,000 for the Borrower's fiscal year ended December 26, 1998, and (c) $3,000,000 for the Borrower's fiscal year ended December 25, 1999.
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Examples of Expenditure Limit in a sentence

  • The Guarantor shall not make or enter into any binding agreement(s) to make Capital Expenditures in excess of the Capital Expenditure Limit, as defined in this Section.

  • All Capital Expenditures (other than Point of Sale Capital Expenditures) made by the Parent and its Subsidiaries shall first be applied to reduce the applicable Capital Expenditure Limit and then to reduce the carry forward from the previous Fiscal Year, if any.

  • Make Ordinary Capital Expenditures in an aggregate amount in excess of $3,000,000 in any one Fiscal Year, or make any Reimbursable Capital Expenditure at any time if the aggregate unreimbursed amount outstanding in respect of Reimbursable Capital Expenditures would exceed the Reimbursable Capital Expenditure Limit.

  • The aggregate amount of all Capital Expenditures of Borrower and its Subsidiaries during any Fiscal Year will not exceed the applicable Capital Expenditure Limit for such Fiscal Year.

  • Excluded from this Expenditure Limit is any California state sales or use tax that may be imposed by the state under this Contract and collected by Contractor and/or paid directly by the County to the state.

  • Available portion of Annual Expenditure Limit (i.e. Annual Expenditure Limit less Permitted Acquisitions YTD): $ _________ C.

  • During each fiscal year, the aggregate amount of all Adjusted Capital Expenditures of Holdings and the Subsidiaries will not exceed the applicable Capital Expenditure Limit for such fiscal year.

  • Allow Capital Expenditures for the entire Gerdau Canada Group in any Fiscal Year to exceed the Capital Expenditure Limit for that Fiscal Year.

  • Make Ordinary Capital Expenditures in an aggregate amount in excess of $2,000,000 in any one Fiscal Year, or make any Reimbursable Capital Expenditure at any time if the aggregate unreimbursed amount outstanding in respect of Reimbursable Capital Expenditures would exceed the Reimbursable Capital Expenditure Limit.

  • Parent shall not, and shall not permit any Subsidiary to, make or incur Capital Expenditures during each period set forth in the table below in excess of an aggregate amount for Parent and all Subsidiaries equal to the applicable Capital Expenditure Limit for such period.


More Definitions of Expenditure Limit

Expenditure Limit means the expenditure limit as defined in paragraph 1.01(d) of the Accounting Procedure;
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Expenditure Limit means the expenditure limit referred to in section 160;
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Expenditure Limit. Contractor’s annual compensation shall not exceed Four Hundred Thousand Dollars ($400,000.00). Contractor shall notify the City in writing when the expenditures against the Contract reach 75 percent of the annual compensation limit on the Contract. The City will not be responsible for any expenditure overruns and will not pay for work exceeding the annual compensation limit on the Contract unless a change order to cover those costs has been issued.”
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Expenditure Limit means the maximum amount which is to be paid by Medicure to Development Co for services performed in connection with carrying out a Development Project;
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Expenditure Limit. The Contractor shall notify the County of Orange assigned Deputy Purchasing Agent in writing when the remuneration received by Contractor under this Contract reaches $1,125,000”.
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Expenditure Limit. The contractor shall notify the County of Orange assigned buyer in writing when the expenditures against the contract reach 75 percent of the dollar limit on the contract. The County will not be responsible for any expenditure overruns and will not pay for work exceeding the dollar limit on the contract unless a change order to cover those costs has been issued. Security Breach Procedures
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Related to Expenditure Limit

  • Expenditure minimum means:

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Annual Capital Expenditure Adjustment means, for any retail Property, an amount equal to the product of (a) $0.15 multiplied by (b) the aggregate net rentable area (determined on a square feet basis) of all such Properties.

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.