the Financial Limit definition

the Financial Limit means the amount specified in Section 1 and is the maximum amount payable by DFID under this Contract.
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the Financial Limit means the amount specified in Section 1 and which represents the maximum amount payable by TMEA under this Contract.
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the Financial Limit means the amount specified in Section 1 and is the maximum amount payable by the Client under this Contract.
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Examples of the Financial Limit in a sentence

  • The components which comprise the Financial Limit are set out in the Schedule of Prices, Section 5.

  • 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.

  • Payments under this Contract shall not, in any circumstances, exceed [please insert total amount in numbers and words] exclusive of any government tax, if applicable ("the Financial Limit").

  • Except where there has been misconduct, gross negligence, dishonesty or fraud on behalf of the Consultant or the Consultant's Personnel, the Consultant's aggregate liability arising out of or in connection with this Contract shall be limited to the amount of the Financial Limit.

  • Payments under this Contract shall not, in any circumstances, exceed [XXX] for fees and [XXX] for expenses within a total limit of [XXX] inclusive of all taxes applicable ("the Financial Limit").

  • Except where there has been misconduct, gross negligence, dishonesty or fraud on behalf of the Supplier or the Supplier's Personnel the Supplier's liability under this Contract shall be limited to the amount of the Financial Limit.

  • Fees charged and expenses incurred shall not, in aggregate, exceed the Financial Limit without the prior written consent of TMEA.

  • The Supplier shall maintain professional indemnity insurance cover of an amount not less than the Financial Limit.

  • Where the total value of the Equipment is less than 50% of the Financial Limit or £100,000, whichever is less the Supplier may, subject to DFID's prior written consent, procure such Equipment.

  • Where the Financial Limit is exceeded, the Company reserves the right not to accept the Tender.


More Definitions of the Financial Limit

the Financial Limit means the amount specified as the maximum amount payable by DFID under each Calldown Contract.
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the Financial Limit means the amount specified in, and is the maximum amount payable by DFID under, each Calldown Contract.
Sample 1
the Financial Limit means the amount specified in Section 1 and is the maximum amount payable by IPE Global under this Contract;
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Related to the Financial Limit

  • Financial Period means a Financial Year or any other period in respect of which accounts are required to be prepared and certified by the auditors of the relevant company to enable it to comply with all relevant legal and accounting requirements and all requirements of any stock exchange on which any securities of the company are listed;

  • Base Case Financial Model means the base case financial model agreed by the Parties in writing as accurately representing the terms and conditions of the financing for the Project on a limited recourse or project finance basis and furnished by the Feed-in Approval Holder to the Distribution Licensee on or before the date of the Financial Closing Date for the Initial Financing Documents;

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • Annual Financial Statement is defined in Section 10.1(a).

  • Initial Financial Statements means (a) the audited annual Consolidated financial statements of Borrower dated as of December 31, 2009, and (b) the unaudited quarterly Consolidated financial statements of Borrower dated as of March 31, 2010.

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Original Financial Statements means the audited consolidated financial statements of the Company for the year ended 31 December 2012.

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • Financial Statement Date means December 31, 1999.

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

  • Selected Consolidated Financial Data and "Capitalization" fairly present the information set forth therein on a basis consistent with that of the audited financial statements contained in the Registration Statement.

  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

  • Liquidity Capitalization means the number, as of immediately prior to the Liquidity Event, of shares of the Company’s capital stock (on an as-converted basis) outstanding, assuming exercise or conversion of all outstanding vested and unvested options, warrants and other convertible securities, but excluding: (i) shares of Common Stock reserved and available for future grant under any equity incentive or similar plan; (ii) any SAFEs; and (iii) convertible promissory notes.

  • Capital Grant means grant paid to the Academy Trust in respect of Capital Expenditure.

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Unaudited Interim Balance Sheet has the meaning set forth in Section 2.4(a) of this Agreement.

  • Annual Financial Information means annual financial information as such term is used in paragraph (b)(5)(i) of the Rule and specified in Section 3(a) of this Disclosure Agreement.

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Company Interim Financial Statements has the meaning specified in Section 4.08(a).

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Parent Financial Statements has the meaning set forth in Section 4.6(a).

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • Financial Statements Date shall have the meaning ascribed to it in Section 3.7.

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus