Expenditure Limits Sample Clauses

The Expenditure Limits clause sets a maximum cap on the amount of money that can be spent under a contract or agreement. It typically specifies a dollar amount or budget threshold that cannot be exceeded without prior written approval from the relevant parties. For example, a service provider may not incur costs above a certain limit unless the client consents in advance. This clause serves to control costs, prevent budget overruns, and ensure that all parties are aware of and agree to any additional expenditures beyond the agreed-upon limit.
Expenditure Limits. The Commonwealth may claim FFP for up to $1.8 billion in DSRIP expenditures. An increasing amount of state DSRIP expenditure authority will be at-risk over the five-year period (See STC 71). The State’s expenditure authority will be reduced based on the State’s DSRIP Accountability Score (See STC 71). MassHealth will reduce DSRIP payments in proportion to the reduced expenditure authority. Enrollment Adjustments. Given that a significant portion of DSRIP expenditure authority will be disbursed on a PMPM bases, lower than anticipated member participation in the ACO or CP programs may lead to lower actual expenditures in a given DSRIP year. Therefore, the state may carry forward prior year DSRIP expenditure authority from one year to the next. The state may only carry forward expenditure authority from one DSRIP year to the next for reasons related to member participation fluctuations. If the carry forward amount from any given year to the next is more than 15%, the state must obtain CMS approval. The state must ensure that carry over does not result in the amount of DSRIP for DY 25 being greater than the amount for DY 24.
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Expenditure Limits. Agent's Authority The AGENT will have the authority to charge the OWNER for ordinary outward physical condition repairs, maintenance and all work order and services authorized by this agreement for and in regards to the Rental Property, providing the expenditures for any one item, repair or service call shall not exceed the amount of (SET LIMIT BY OWNER) $ (+hst) for each instance, without the express written consent of the OWNER (given by e-mail or otherwise), except where the AGENT considers the circumstances surrounding the request for the repairs or services to be an emergency and/or the AGENT is unable to secure the prior consent of the OWNER in a timely fashion after making commercially reasonable efforts to do so.
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Expenditure Limits. The total amount of this Agreement shall not exceed $ 1,750,000.00 without further appropriation to this Agreement by the Board of Water and Power Commissioners of the City of Los Angeles.
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Expenditure Limits. The Commonwealth may claim FFP for up to $1.8 billion in DSRIP expenditures. i. An increasing amount of state DSRIP expenditure authority will be at- risk over the five-year period (See STC 68). a) The State’s expenditure authority will be reduced based on the State’s DSRIP Accountability Score (See STC68). MassHealth will reduce DSRIP payments in proportion to the reduced expenditure authority.
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Expenditure Limits. 2.3.1 The maximum cumulative total dollar value of agreements per firm per institution per contract year is limited to $500,000, regardless of the total number of projects contracted for. 2.3.2 No single project will exceed $100,000.
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Expenditure Limits. The indirect costs charged to an activity subject to an expenditure limit under § 576.100 must be added to the direct costs charged for that activity when deter- mining the total costs subject to the expenditure limit.
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Related to Expenditure Limits

  • Expenditure Limit The Contractor shall notify the County of Orange assigned Deputy Purchasing Agent in writing when the expenditures against the Contract reach 75 percent of the dollar limit on the Contract. The County will not be responsible for any expenditure overruns and will not pay for work exceeding the dollar limit on the Contract unless a change order to cover those costs has been issued.

  • Eligible expenditure 6.1 Eligible expenditure consists of payments by the Recipient for the Purpose. Eligible expenditure is net of VAT recoverable by the Recipient from HM Revenue & Customs and gross of irrecoverable VAT. 6.2 The Recipient shall account for the Grant on an accruals basis. This requires the cost of goods or services to be recognised when the goods or services are received, rather than when they are paid for.

  • Capital Expenditure Make or incur any Capital Expenditure if, after giving effect thereto, the aggregate amount of all Capital Expenditures by Borrower in any fiscal year would exceed the amount set forth on the Schedule;

  • Eligible Expenditures 1. Subject to Article 8.7 of the Regulation, eligible expenditures of this Programme are: (a) management costs of the Programme Operator in accordance with the detailed budget in the financial plan; (b) payments to projects within this Programme in accordance with the Regulation, this programme agreement and the project contract. 2. Eligible expenditures of projects are those actually incurred by the Project Promoter or project partners, meet the criteria set in Article

  • Expenditure No Borrower shall incur any expenditure, except for expenditure reasonably incurred in the ordinary course of owning, operating, maintaining and repairing its Ship.