Common use of Ceiling Clause in Contracts

Ceiling. For Services rendered pursuant to Attachment A, the Client shall pay the TP an amount not to exceed to Rs.___________________/- (Rupees in Words) _________________________________________________________________) This amount has been established based on the understanding that it includes all of the TP’s costs and profits as well as any tax obligation that may be imposed on the TP and at no point of time, TP would collect any fee or any charges from the trainees. If at all such instances are brought to the knowledge of the government/client/District Skill Mission this contract stands terminated.

Ceiling. For Services rendered pursuant to Attachment A, the Client shall pay the TP an amount not to exceed to Rs.___________________/- Rs. /- (Rupees in Words) _________________________________________________________________) This amount has been established based on the understanding that it includes all of the TP’s costs and profits as well as any tax obligation that may be imposed on the TP and at no point of time, TP would collect any fee or any charges from the trainees. If at all such instances are brought to the knowledge of the government/client/District Skill Mission this contract stands terminated.