Financial Limit definition
Financial Limit means the amount specified in Section 1 (Form of Contract) and is the maximum amount of Charges paid by DFID and which DFID has agreed are duly payable under this Contract for the receipt of the Services.
Financial Limit means the amount specified in Section 1 (Form of Contract) and is the maximum amount of Charges paid by FCDO and which FCDO has agreed are duly payable under this Contract for the receipt of the Services.
Financial Limit means the amount specified in Section 1 and is the maximum amount payable by DFID under this Contract for the receipt of the Services.
Examples of Financial Limit in a sentence
No expenditure may be incurred in excess of the Financial Limit and no virements between components shown in the Schedule of Prices in Section 5 are permitted without the prior written authority of the Contract Officer.
No expenditure may be incurred in excess of the Financial Limit and no virements between components shown in the Section 5 (Schedule of Prices) are permitted without the prior written authority of the DFID Contract Officer.
Payments under this Contract shall not, in any circumstances, exceed £97,562/- (UK Pound Ninety Seven Thousand Five Hundred Sixty Two only) inclusive of any government tax, if applicable (the "Financial Limit").
Payments under this Contract shall not, in any circumstances, exceed £6,799,997 inclusive of any government tax, if applicable (the "Financial Limit").
More Definitions of Financial Limit
Financial Limit means the amount specified in Section 1 (Form of Agreement and/or any Call Down Contract) and is the maximum amount of Charges paid by DFID and which DFID has agreed are duly payable under this Agreement and/or any Call Down Contract for the receipt of the Services.
Financial Limit means the amount specified in Section 1 and is the maximum amount payable by GuarantCo under this Contract including all applicable taxes.
Financial Limit. £[ ]. “Green Land” The land situate at [ ] which is shown edged green on the Layout Plan. “Inspection Fees” £[ ]. “Layout Plan” The Drawing or Drawings with reference(s) [ ] which show(s) the Green Land and the layout of the Works. “Maintenance Period” The period from the date of issue of the Provisional Certificate until the date on which the Works are vested in ▇▇▇ ▇▇▇▇▇▇▇▇▇▇. “Period of Construction” [Twelve] months from the date of this agreement. “Protected Strip” (Unless the contrary shall be stipulated or be clear from the Layout Plan) means a strip of land three metres in width lying each side of the centreline of that part of the Works not within the Estate Roads or the Public Highway shown (for the purpose of identification only) coloured yellow on the Layout Plan and further includes any existing Sewers (for the avoidance of doubt the total width of the strip shall be six metres). “Provisional Certificate” The certificate issued under S.8.1 or S.8.3 of the First Schedule. “Public Highway” Means highway maintainable at the public expense. “Sewers” As defined in Section 219 of the Act (and “Sewer” shall be interpreted accordingly). “Site” Shall comprise the Green Land and other land (if any) on under in or through which the Works are proposed to be executed. “Specification” The Civil Engineering Specification (shown as Part 5 of the Sixth Edition of “Sewers for Adoption”) and any appendices provided by ▇▇▇ ▇▇▇▇▇▇▇▇▇▇. [“Undertaker’s Rights” All rights exercised by the Developer and/or granted to the Developer [by the Owner and/or the Adjoining Owner] in relation to the construction, use, maintenance, alteration, repair and replacement of the Works together with discharges therefrom to any watercourse. For the avoidance of doubt any covenants that the Developer is subject to shall have no effect on ▇▇▇ ▇▇▇▇▇▇▇▇▇▇.] “Vesting Declaration” A written declaration signed on behalf of ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ vesting the Works in itself as public Sewers. “Watercourse” A watercourse as defined in Section 219 of the Act, but also including a canal, pond or lake. “Works” Subject to any alteration in accordance with S.2 of the First Schedule this expression shall mean all those Works being Sewers pumping stations and Accessories and shall include valve ▇▇▇▇▇▇▇▇ overflow ▇▇▇▇▇▇▇▇ outfall structures and (where appropriate) balancing facilities as shown on the Drawings and includes any part or parts of the Works.
Financial Limit means the sum specified in Part 7 of the Schedule calculated according to the following formula: Construction estimate of all works x 10% = [ a ] Construction estimate of Pump Stations x 15% = [ b ] [ a ] + [ b ] = Financial Limit Inspection Fees means such fees for the inspection of sewers and drains as the Authority may from time to time fix for general purposes Layout Plan means the plan attached to this Agreement which shows the Site and the layout of the Works Maintenance Period means the period of 12 months from the date of issue of the Provisional Certificate or (if more than one is issued) the date of issue of the last Provisional Certificate Period of Construction means the period specified in Part 8 of the Schedule calculated from the date specified in Part 9 of the Schedule Protected Strip means the strip of land shown coloured { } on the Layout Plan having a width of 3 metres and (unless the contrary is clear from the Drawings or the Layout Plan) lying one half to each side of the centreline of those parts of the Works to which condition 20 applies and any existing sewers shown on the Drawings or the Layout Plan and includes any part of the Protected Strip Provisional Certificate means the certificate issued under condition 8 The Schedule means the Schedule on page 1 of this Agreement Sewer has the same meaning as in the Act The Site means the site of the Development and any other land owned or leased by the Developer under in or through which the Works are proposed to be executed and outlined in green on the layout plan The Specification means the M&E and the Civil Engineering Specification (shown as Parts 3 and 4 of the 1st edition of Manx Sewers for Adoption published by the Authority (or its predecessor the Department of Transport) or the corresponding provisions of whichever subsequent edition thereof is current) and any appendices provided by the Authority Vesting Declaration A declaration under condition 12 The Works means (subject to any alteration in accordance with condition 2.2) all the sewers as shown on the Drawings and includes any part or parts of the Works
Financial Limit means the amount specified in Section 1 (Form of Agreement) and is the maximum amount of Charges paid by the Authority and which the Authority has agreed are duly payable under this Contract for the receipt of the Services.
Financial Limit means the amount specified in Section 1 (Form of Agreement and/or any Call Down Contract) and is the maximum amount of Charges paid by FCDO and which FCDO has agreed are duly payable under this Agreement and/or any Call Down Contract for the receipt of the Services.
Financial Limit. [Shall mean [the amount of the surety bond in words and figures] [Not applicable]