Allowance Limitation Sample Clauses
The Allowance Limitation clause sets a cap or restriction on the amount or type of allowances that can be claimed under a contract. In practice, this means that parties are only permitted to claim certain costs, expenses, or adjustments up to a specified limit, which may be defined as a fixed sum, a percentage, or based on specific criteria. This clause helps prevent excessive or unexpected claims, ensuring that the financial exposure of the parties remains controlled and predictable.
Allowance Limitation. Any employee working sixteen (16) to twenty-four (24) consecutive hours shall receive an additional five dollars ($5.00) for a total of seventeen dollars ($17.00) for the twenty-four (24) hour period.