Limitation of Funds definition

Limitation of Funds. In no case shall the Government' s financial liability exceed the amount obligated under this Agreement
Limitation of Funds amount. The CITY shall compensate the CONSULTANT for the actual work performed under this Work Order. The CITY shall make payment to the CONSULTANT in strict accordance with the payment terms of the above-referenced Agreement. It is expressly understood by the CONSULTANT that this Work Order, until executed by the CITY, does not authorize the performance of any services by the CONSULTANT and that the CITY, prior to its execution of the Work Order, reserves the right to authorize a party other than the CONSULTANT to perform the services called for under this Work Order if it is determined that to do so is in the best interest of the CITY.
Limitation of Funds. CM’s financial liability will not exceed the amount made available by the Government to CM and obligated by CM under the Research Project Award for Research Project Awardee’s projects under the OTA.

Examples of Limitation of Funds in a sentence

  • Accordingly, work under the contract, such as that described herein, must be performed within the amount of funds which have been incrementally allotted to the contract in accordance with Clause I.57 - FAR 52.232-22 - Limitation of Funds (Apr 1984).

  • The Limitation of Funds clause does not apply to the cancellation ceiling.

  • The provisions of this Limitation of Funds clause are limited to the work on and allotment of funds for the items set forth in paragraph (a) of this clause.

  • The CITY shall pay the CONTRACTOR one hundred percent (100%) of the approved amount on Work Orders issued on a “Time Basis Method” with a Limitation of Funds amount.

  • For Work Orders issued on a “Time Basis Method” with a Limitation of Funds amount, the CONTRACTOR may invoice the amount due for services actually performed and completed.


More Definitions of Limitation of Funds

Limitation of Funds. In no case shall SCRA Applied R&D’s financial liability exceed the amount obligated under this Agreement.
Limitation of Funds. (whichever is applicable) require the Contractor to continue to perform work until the total number of man-hours of direct labor specified in paragraph (a) shall have been expended, at no increase in fixed fee of this contract. * This material has been omitted pursuant to a request for confidential treatment. The material has been filed separately with the Securities and Exchange Commission.
Limitation of Funds. Except as set forth in Article VII, CAO’s financial liability will not exceed the amount made available by the Government to CAO and obligated by CAO under the Project Task Assignment for Project Agreement Awardee’s projects under the OTA.
Limitation of Funds. In no case shall the Program Administrator’s financial liability exceed the amount obligated under each Task Order and available for payment.
Limitation of Funds clause (whichever is applicable to this contract), the level of effort for the performance of work under this contract shall be as follows:
Limitation of Funds applies to this contract. Any notification required on the part of the Contract shall be made in writing to the Contracting Officer. In the event that the contract is not funded beyond the estimated cost set forth in the schedule, the Contractor shall deliver to the Contracting Officer the data collected and the material produced or in process or acquired in connection with the performance of the project provided herein together with a summary report in five copies of its progress and accomplishments to date.
Limitation of Funds clause (whichever is applicable to this contract), the level of effort for the performance of work under this contract shall be as follows: Total Staff-hours ITEM of Direct Labor ---- ----------------- 0001 520,000 0004 520,000 0007 520,000 0010 520,000 0013 520,000 *** This material has been omitted pursuant to a request for confidential treatment. The material has been filed separately with the Securities and Exchange Commission.