Maximum Cumulative Drawdown Schedule definition

Maximum Cumulative Drawdown Schedule means the schedule attached hereto as Exhibit J setting forth the Maximum Cumulative Contract Sum Payment stated as of any month during the DB Work Period.

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Maximum Cumulative Drawdown Schedule means the schedule attached hereto as

Examples of Maximum Cumulative Drawdown Schedule in a sentence

• The Contract Sum shall be paid by Concessionaire to Contractor in monthly installments (“Scheduled Payments”) based on percentage completion of the TTMS Work as demonstrated by Contractor and verified by Concessionaire subject to the Maximum Cumulative Drawdown Schedule and in accordance with the Payment and Values Schedule, as may be adjusted from time to time pursuant to the terms of this Agreement.

• Notwithstanding anything to the contrary contained herein, Concessionaire shall not be obligated to make any payment to the extent that such payment, when added to all other previous payments, exceeds the total amount designated as the “Maximum Cumulative Payment” for the corresponding month on the Maximum Cumulative Drawdown Schedule.

• Notwithstanding anything to the contrary contained herein, Concessionaire shall not be obligated to make any payment to the extent that such payment, when added to all other previous payments, exceeds the total amount designated as the “Maximum Cumulative Contract Sum Payment” for the corresponding month on the Maximum Cumulative Drawdown Schedule or exceeds the total cumulative physical percent complete of the DB Work as derived by the progress schedule.

• Notwithstanding anything to the contrary contained herein, Concessionaire shall not be obligated to make any payment to the extent that such payment, when added to all previous payments, exceeds the amount designated as the “Maximum Cumulative Contract Sum Payment” for the corresponding month on the Maximum Cumulative Drawdown Schedule or exceeds the cumulative physical percent complete of the Work as derived by the progress schedule.