Common use of Expenditure Limitation Clause in Contracts

Expenditure Limitation. Seller shall not deliver the goods or perform the services specified in any purchase order if the price thereof together with the price of all previous purchase orders issued under the Contract exceeds the total expenditure authorized by the Contract, unless and until the total amount of expenditure authorized under the Contract has been increased by means of a duly executed revision or amendment to the Contract. Seller shall inform Con Xxxxxx in writing when the total price of goods or services ordered under the Contract reaches seventy-five percent (75%) of the maximum expenditure authorized by the Contract.

Expenditure Limitation. Seller shall not deliver the goods or perform the services specified in any purchase order if the price thereof together with the price of all previous purchase orders previously issued under the Contract exceeds the total expenditure authorized by the Contract, unless and until the total that amount of expenditure authorized under the Contract has been increased by means of a duly executed revision or amendment to the Contract. Seller shall inform Con Xxxxxx Edison in writing when the total price of goods or services ordered under the Contract reaches seventy-five percent (75%) of the maximum expenditure authorized by the Contract.