FINANCIAL CAP definition

FINANCIAL CAP means the maximum limit of amounts to be spent to fulfil the OBLIGATION TO PAY defined in this AGREEMENT and which shall not be subject to increase, revision, alteration or supplementation, except in relation to the respective monetary restatement between the date of signature of this AGREEMENT and the date of actual disbursement. Obligations that are not subject to the predetermined FINANCIAL CAP are expressly reserved in this AGREEMENT and its ANNEXES.
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FINANCIAL CAP means the sum of L8,745,084;
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FINANCIAL CAP means £1,000,000; unless the flow of electricity at the Connection Point is reasonably capable of being metered by whole current metering, in which case the Financial Cap shall be £100,000.
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Examples of FINANCIAL CAP in a sentence

  • THE GENERAL FINANCIAL CAP FOR A PARTICULAR YEAR OR TIME PERIOD SHALL APPLY TO A CLAIM FOR WHICH THE COMPLAINING PARTY HAS GIVEN NOTICE PURSUANT TO SECTION 12(A)(III) OR 12(B)(IV) (AS THE CASE MAY [*] Indicates that certain information in this exhibit has been omitted and filed separately with the Securities and Exchange Commission.

  • THE GENERAL FINANCIAL CAP ------- |*| Indicates that certain information in this exhibit has been omitted and filed separately with the Securities and Exchange Commission.

  • THE FOREGOING PROVISIONS OF THIS SECTION 13 SHALL APPLY TO INDEMNIFICATION OF THE KK FOR ANY CLAIM(S) OF INFRINGEMENT PURSUANT TO SECTION 12(B) EXCEPT THAT (INSTEAD OF THE GENERAL FINANCIAL CAP) THERE SHALL BE A SPECIAL FINANCIAL CAP OF |*|DOLLARS ($|*|).

  • Any pecuniary penalties incurred for delay in complying with the OBLIGATION TO PAY do not form part of the balance of the OBLIGATION TO PAY provided in this AGREEMENT, and are not included in the FINANCIAL CAP.