Upset Limit definition

Upset Limit means the maximum amount payable by the Client to the Consultant for delivery of the Services, being $ plus H.S.T.
Upset Limit means the maximum amount payable by the Municipality towards this project, which includes but is not limited to the water infrastructure services to the Residents along Nagle Drive in the amount of TWO HUNDRED THOUSAND DOLLARS ($200,000.00), inclusive of HST; and
Upset Limit means the maximum amount payable by the County to the Service Provider for the delivery of Services with respect to the Project, exclusive of H.S.T. shall not exceed the County’s modernization budget of $61,910.00

Examples of Upset Limit in a sentence

  • Lead consultant must indicate the present workload either as a Prime Consultant or a Sub-Consultant with the Delaware Department of Transportation by Location, Agreement No. (to include Supplementals), Total Dollar Upset Limit, total paid-to-date, and the amount still available for use on the project(s).

  • A variety of reimbursement payment methods may be used, such as Time & Materials, Upset Limit Fee or Lump Sum Fee, due to nature of the work task order.

  • The total amount payable by BE, including BE’s contribution to Pre-Development Costs, construction period Milestone Payments, and repayment of the CPP (assuming a maximum compliant bid equal to the Upset Limit), have been sized to comply with the $850 million (NPV) BE funding commitment to the Project approved by the BE Board of Directors in August 2015.

  • The CPP makes up 80% of the total monthly Performance Payment payable to the Developer (escalated at 2% annually), and would equal $33 million in the first year (2017 dollars) if the winning bid were to equal the Upset Limit, or the highest possible compliant bid for the Project.

  • For performing the Services identified within this Scope of Services, the CITY shall pay the CONSULTANT the Upset Limit amount of $147,461.96 in accordance with Exhibit “B-B” of this contract.

  • NHS BLOCK 35 – TRAIL DEVELOPMENT- Upset Limit of (Capital Account #52211412) $ 43,255.00 VILLAGE SQUARE - Upset Limit of (Capital Account #52211508) $ 490,000.00 TOTAL COST OF WORKS ON BEHALF OF TOWN $ 533,255.00 Note: The Owner will be reimbursed in the year(s) that the project is funded in an approved capital budget.

  • If the actual cost of the Project is less than the Upset Limit, the final amounts owed will be adjusted based on the percentages in articles 2B and 2C.

  • For performing the Services identified within this Scope of Services, the CITY shall pay the CONSULTANT the Upset Limit amount of $96,537.84 in accordance with Exhibit “B-A” of this contract.

  • The estimated cost of the Project is $  (“Upset Limit.”) Project costs eligible for federal financial participation shall not exceed this Upset Limit without MaineDOT’s written approval, through an executed modification to this Agreement.

  • The Municipality shall be fully responsible for all costs exceeding the Upset Limit of this Agreement, incurred before the date of notice to proceed, and deemed ineligible for federal financial participation.


More Definitions of Upset Limit

Upset Limit means the ceiling amount to be spent in each Year of the Contract for emergent/remedial work or work being carried out under cash/contingency allowances, as indicated in Contract Prices (Excel spreadsheet) which shall form part of the Articles of Agreement.

Related to Upset Limit

  • Write-Down Amount means, for any Collection Period for any 180-day Receivable or Repossessed Receivable, the excess of (a) the Principal Balance plus accrued and unpaid interest of such Receivable as of the last day of the Collection Period during which such Receivable became a 180-day Receivable or Repossessed Receivable, as the case may be, over (b) the estimated realizable value of such Receivable, as determined by the Servicer in accordance with its normal servicing procedures for the related Collection Period, which amount may be adjusted to zero by the Servicer in accordance with its normal servicing procedures if such Receivable has ceased to be a 180-day Receivable as provided in the definition of “180-day Receivable.”

  • Diameter at Breast Height (DBH) means the diameter of the trunk of a mature tree generally measured at a point four and a half feet above ground level from the uphill side of the tree. For species of trees where the main trunk divides below the 4 ½ foot height, the DBH shall be measured at the highest point before any division.

  • Total maximum daily load or "TMDL" means the sum of the individual wasteload allocations for point sources, load allocations (LAs) for nonpoint sources, natural background loading and a margin of safety. TMDLs can be expressed in terms of either mass per time, toxicity, or other appropriate measure. The TMDL process provides for point versus nonpoint source trade-offs.

  • Bag limit means the maximum number of game animals, game

  • Daily Maximum Limit means the maximum allowable discharge of a pollutant during a calendar day. Expressed as units of mass, the daily discharge is cumulative mass discharged over the course of the day. Expressed as a concentration, it is the arithmetic average of all measurements taken that day.