Total Maximum Amount definition

Total Maximum Amount. The maximum monetary amount specified as payable to the Contractor in a Work Order.

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Total Maximum Amount means $20,000,000.

Total Maximum Amount means the sum of the Domestic Maximum Amount plus the Foreign Maximum Amount.

Examples of Total Maximum Amount in a sentence

• In accordance with Master Agreement Subparagraph 3.3, Contractor may not be paid for any task, deliverable, service, or other work that is not specified in this Work Order, and/or that utilizes personnel not specified in this Work Order, and/or that exceeds the Total Maximum Amount of this Work Order, and/or that goes beyond the expiration date of this Work Order.

• The Ministry must pay the Funding (up to the "Total Maximum Amount Payable" specified in the Key Details) to the Recipient, subject to the terms of this Agreement.

• DIA must pay the Funding (up to the "Total Maximum Amount Payable" specified in the Key Details) to the Recipient, subject to the terms of this Agreement.

• Contractor shall satisfactorily perform and complete all required Services in accordance with Exhibit (Statement of Work) notwithstanding the fact that total payment from County shall not exceed the Total Maximum Amount.

• The Recipient is not required to refund, under this clause 2.6, any amount that exceeds the Total Maximum Amount Payable.

• The Recipient will carefully monitor the likelihood of cost overruns through its budgeting and reporting process, and will notify the Ministry as soon as it is aware that there is a likelihood that Project Costs will exceed the Total Maximum Amount Payable under this Agreement.

• Contractor shall be responsible for limiting the number of hours worked by Contractor Personnel under this Work Order, not to exceed the Total Maximum Amount in III.A, above.

• The Total Maximum Amount that County shall pay Contractor for all Services to be provided under this Work Order shall not exceed Dollars ($ ).

• Payment for all work shall be on a fixed priced per deliverable basis, subject to the Total Maximum Amount specified on each individual Work Order.

• Contractor shall satisfactorily provide and complete all required deliverables in accordance with Exhibit (Statement of Work) notwithstanding the fact that total payment from County for all deliverables shall not exceed the Total Maximum Amount in III.A, above.

More Definitions of Total Maximum Amount

Total Maximum Amount the amount specified in the Appendix which denotes the maximum sum of all Purchase Prices or parts of Purchase Prices paid out by the Factor. Utilisation of the Total Maximum Amount: is calculated by adding all Purchase Prices or parts of Purchase Prices paid out by the Factor for (a) purchased Receivables that are still outstanding and (b) purchased Receivables already paid for by the Debtor for which the payment received from Debtor has not yet been forwarded to the Factor as well as the fees and interest owed by the Client but not yet paid or invoiced by the Factor. If the currency in which the Receivables or the paid-out Purchase Price components are denominated is not EUR, the respective foreign currencies will be assessed for the purpose of calculating the Utilisation of the Total Maximum Amount using the EUR exchange rate valid the day before the day of disbursement based on the 8.45 a.m. fixing by BNP Paribas SA. The resulting amount is also the Drawdown of the Total Maximum Amount and is equal to the balance of the Account “Finanzierte Forderungen”.