Maximum Obligation definition

Maximum Obligation. Period One Maximum Obligation: $2,885,214 Period Two Maximum Obligation: $2,885,214 Period Three Maximum Obligation: $2,885,214 Period Four Maximum Obligation: $3,462,257 TOTAL MAXIMUM OBLIGATION: $12,117,899”

Maximum Obligation is defined in Section 8.12.

Maximum Obligation or “Rate change”. • No Compensation Change, should only be selected if there is no change to the compensation under the Contract, including Maximum Obligation, Line-item redistribution or Rates. Then Skip to “Other” and identify the type of Amendment being made and attach documentation for change. • Budget Line Items Redistribution (No Maximum Obligation Change). Identify any changes in budget line items that move funding around within current Maximum Obligation and procurement parameters. Attach amended performance and budget terms to support redistribution.

Examples of Maximum Obligation in a sentence

• All payments are interim payments only, and subject to final 26 settlement in accordance with the Cost Report Paragraph of the Agreement for which CONTRACTOR 27 shall be reimbursed for the actual cost of providing the services; provided, however, the total of such 28 payments does not exceed COUNTY’s Maximum Obligation as stated in the Referenced Contract 29 Provisions of the Agreement and, provided further, CONTRACTOR’s costs are reimbursable pursuant 30 to COUNTY, state, and/or federal regulations.

• The total Maximum Obligation of County to the Contractor for the cost of services provided in accordance with this Contract is $307,725, as further detailed in the Budget Schedule, identified and incorporated herein by this reference as Attachment C.

• County shall pay Contractor in accordance with the Payments Paragraph and Contractor’s 8 individual Maximum Obligation for each Period as set forth in this Exhibit A to the Contract.

• All payments are interim payments 11 only, and subject to Final Settlement in accordance with the Cost Report Paragraph of the Agreement for 12 which CONTRACTOR shall be reimbursed for the actual cost of providing the services hereunder; 13 provided, however, the total of such payments do not exceed the Maximum Obligation as specified in the 14 Referenced Contract Provisions of the Agreement, and provided further, CONTRACTOR’s costs are reimbursable pursuant to COUNTY, state, and federal regulations.

• This specific Contract with Contractor is only one of 26 several agreements to which this Aggregate Maximum Obligation applies.

More Definitions of Maximum Obligation

Maximum Obligation means the aggregate amount due hereunder, but in no event higher than the maximum amount for which that Borrower could be liable hereunder without rendering its obligation hereunder or the granting of liens and security interests in connection herewith void under applicable law as a Fraudulent Conveyance. A “Fraudulent Conveyance” shall mean a fraudulent conveyance under title 11 of the United States Code as amended or under applicable state law regarding fraudulent conveyances, fraudulent transfer or other similar law in effect from time to time. In making such determination, the parties agree that the Maximum Obligation may increase from time to time as the maximum amount for which any Borrower could be liable without rendering its obligations hereunder void under applicable law as a Fraudulent Conveyance increases.

Maximum Obligation. Period One Amount Not to Exceed: $ 3,548,160 10 Period Two Amount Not to Exceed: $ 3,548,160 11 Period Three Amount Not to Exceed: $ 3,548,160 12 TOTAL AMOUNT NOT TO EXCEED: $ 10,644,480 13 15 Basis for Reimbursement: Fee-for-Service 16 Payment Method: Monthly in Arrears 17 18 19 CONTRACTOR DUNS Number: 00-000-0000 20 21 CONTRACTOR TAX ID Number: 00-0000000 24 Notices to COUNTY and CONTRACTOR: 25 26 COUNTY: County of Orange 27 Health Care Agency 28 Medical & Correctional Health Services Operations 29 000 Xxxx 0xx Xxxxxx, 0xx Xxxxx 00 Xxxxx Xxx, XX 00000-0000 32 CONTRACTOR: Miles Xxxxxx, Executive Vice President 33 Aligned Telehealth, LLC 34 0000 Xxxxxx Xxx, Xxxxx 000 00 Xxxxxxxx Xxxxx, XX 00000 36 xxxxxxx@xxxxxxxxx.xxx 00 (000) 000-0000

Maximum Obligation. The total Maximum Obligation of COUNTY to the CONTRACTOR for the cost of services provided in accordance with this Contract is $2,669,615 as further detailed in the Budget Schedule, identified and incorporated herein by this reference as Attachment ‘C-3.’”

Maximum Obligation in the Contract shall be references to “Amount Not To Exceed”.

Maximum Obligation shall be deleted and replaced with the term “Amount Not to Exceed”.

Maximum Obligation. 19 Period One Maximum Obligation: $148,607 20 Period Two Maximum Obligation: 173,467 21 Period Three Maximum Obligation: 158,607 “Maximum Obligation: $490,681 Period One Maximum Obligation: $ 148,607 Period Two Maximum Obligation: 173,467 Period Three Maximum Obligation: 168,607 22 TOTAL MAXIMUM OBLIGATION: $480,681 23 24 25 TOTAL MAXIMUM OBLIGATION: $ 490,681” 26 27 28 29 Basis for Reimbursement: Actual Cost 30 Payment Method: Payment in Arrears 31 32 CONTRACTOR DUNS Number: 000000000 33 34 CONTRACTOR TAX ID Number: 33 - 0236592 35 36 Notices to COUNTY and CONTRACTOR: 37 // 1 COUNTY: County of Orange 2 Health Care Agency 3 Contract Services 4 000 Xxxx 0xx Xxxxxx, Xxxxx 000 0 Xxxxx Xxx, XX 00000-0000 6 CONTRACTOR: Shanti Orange County 7 00000 Xxxxx Xxxxxx Xxxxx, Xxxxx 000 0 Xxxxxx Xxxxx, XX 00000 9 Attn: Xxxxx Xxxxxx 10 xxxxx.xxxxxx@xxxxxxxx.xxx 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // 35 // 36 // 37 //

Maximum Obligation. Period One Maximum Obligation: $174,490 174,490 Period Two Maximum Obligation: 7 $348,980 TOTAL MAXIMUM OBLIGATION: 8 9 Basis for Reimbursement: Actual Cost 10 11 Payment Method: Actual Cost 12 14 Notices to COUNTY and CONTRACTOR: 15 COUNTY: County of Orange 16 Health Care Agency Contract Development and Management 17 000 Xxxx 0xx Xxxxxx, 0xx Xxxxx 00 Xxxxx Xxx, XX 00000-0000 19 CONTRACTOR: Executive Director 20 Straight Talk Clinic, Inc. 21 0000 Xxxx Xxxxxx 00 Xxxxxxx, XX 00000 23 24 CONTRACTOR’s Insurance Coverages: 26 Coverage Minimum Limits 27 Commercial General Liability $1,000,000 per occurrence 28 $2,000,000 aggregate 29 Automobile Liability, including coverage $1,000,000 per occurrence 30 for owned, non-owned and hired vehicles 32 Workers' Compensation Statutory 33 Employer's Liability Insurance $1,000,000 per occurrence 34 35 Professional Liability Insurance $1,000,000 per claims made or per occurrence 37 Sexual Misconduct $1,000,000 per occurrence