Funding Limited Sample Clauses

The "Funding Limited" clause sets a cap on the amount of financial resources or payments that one party is obligated to provide under an agreement. In practice, this means that once the specified funding limit is reached, the party providing funds is not required to contribute additional amounts, regardless of ongoing needs or expenses. This clause is commonly used in contracts involving grants, project financing, or service agreements to prevent unlimited financial exposure and to ensure that all parties are aware of the maximum financial commitment involved.
Funding Limited. The Funder is not responsible for any commitment or expenditure by the Hospital in excess of the Funding that the Hospital makes in order to meet its commitments under this Agreement, nor does this Agreement commit the Funder to provide additional funds during or beyond the term of this Agreement.
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Funding Limited. The LHIN is not responsible for any commitment or expenditure by the Hospital in excess of the Funding that the Hospital makes in order to meet its commitments under this Agreement, nor does this Agreement commit the LHIN to provide additional funds during or beyond the term of this Agreement.
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Funding Limited. The LHIN is not responsible for any commitment or expenditure by the Hospital in excess of the Funding that the Hospital makes in order to meet its commitments under this Agree ent, nor does this Agreement commit the LHIN to provide additional funds H during or beyond the term of this Agreement. This provision is an explicit reference that the -SAA only commits the LHIN to th funding as set out in the agreement regardless of commitments that the hospital may make. The hospital and the LHIN may agree to additional funding either outside the context of the H-SAA or through amendment to the H-SAA funding chedules, in appropriate circumstances.
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Related to Funding Limited

  • Abortion Funding Limitation Contractor understands, acknowledges, and agrees that, pursuant to Article IX of the General Appropriations Act (the Act), to the extent allowed by federal and state law, money appropriated by the Texas Legislature may not be distributed to any individual or entity that, during the period for which funds are appropriated under the Act: 1. performs an abortion procedure that is not reimbursable under the state’s Medicaid program; 2. is commonly owned, managed, or controlled by an entity that performs an abortion procedure that is not reimbursable under the state’s Medicaid program; or 3. is a franchise or affiliate of an entity that performs an abortion procedure that is not reimbursable under the state’s Medicaid program. The provision does not apply to a hospital licensed under Chapter 241, Health and Safety Code, or an office exempt under Section 245.004(2), Health and Safety Code. Contractor represents and warrants that it is not ineligible, nor will it be ineligible during the term of this Contract, to receive appropriated funding pursuant to Article IX.