Limitation on Expenditures. Except for expenditures made and obligations incurred in accordance with the Final Development Budget for the Project, or otherwise approved in writing in advance by Owner or expressly permitted under Section 1.5(e) of this Agreement, Developer shall not have the power or authority to make any expenditure or incur any expense or obligation on behalf of Owner in connection with the Project, except in the face of an emergency affecting the safety of persons or property in connection with the Project, and then only to the extent reasonably necessary during the period of such emergency.
Limitation on Expenditures. NCTPA may not obligate itself beyond the monies due to NCTPA under this Agreement plus any monies on hand or irrevocably pledged to its support from other sources.
Limitation on Expenditures. NVTA may not obligate itself beyond the monies due to NVTA under this Agreement plus any monies on hand or irrevocably pledged to its support from other sources.
Limitation on Expenditures. Notwithstanding the authorization granted pursuant to Section 8.1, Operator shall not incur any individual expenditure (except as otherwise set forth in Section 8.3 and Article 9) on behalf of Owner for materials, supplies or third party services in excess of $10,000 in reimbursable amounts, without the prior written approval of Owner (which approval may be withheld by Owner in its sole discretion, except as otherwise set forth in Section 9.2).
Limitation on Expenditures. The Partnership covenants and agrees that it will not incur any cash expenditures from the date hereof until December 31, 2002, that are outside of the normal course of business (other than any expenditures set forth in the Annual Budget of the Partnership approved in accordance with the Partnership Agreement), without the prior written approval of the TCI Parties.
Limitation on Expenditures. Total assistance provided in any given emergency declaration may not exceed $5,000,000, except when it is de- termined by the Associate Director that:
(a) Continued emergency assistance is immediately required;
(b) There is a continuing and imme- diate risk to lives, property, public health and safety; and
(c) Necessary assistance will not oth- erwise be provided on a timely basis. Whenever the limitation described in § 206.66 is exceeded, the Director must report to the Congress on the nature and extent of continuing emergency as- sistance requirements and shall pro- pose additional legislation if necessary. §§ 206.68–206.100 [Reserved]
Limitation on Expenditures. Excluding the first twelve months of the License Term, SmartServ reserves the right to limit the expenditure of its resources for performing the upgrades and Updates referred to in Sections 4.4 and 4.5 to twenty percent (20%) of its revenues earned hereunder (excluding such initial twelve months) on a cumulative basis. Accordingly, if SmartServ uses 10% of its revenues during one year, then it has 30% of its revenues available for the next year.
Limitation on Expenditures. Except to the extent provided for in any Approved Annual Budget or as otherwise specifically provided in this Agreement with respect to emergency situations or otherwise, Manager shall not, without the prior written approval of Owner, incur any single expense (or group of related expenses) for a repair, alteration, service, supply or other matter whatsoever which would involve a cost in excess of $50,000.
Limitation on Expenditures. Notwithstanding anything to the contrary set forth herein, any expenditure of funds by Manager pursuant to this Agreement may only be made if and to the extent such expenditures are permitted by the Budget or otherwise permitted pursuant to Article 8.02(c), (d) and (e).
Limitation on Expenditures. Except for expenditures made and obligations incurred in accordance with the Budget, as amended, or otherwise approved in writing in advance by the Board, Developer shall not have the power or authority to make any material expenditure or incur any material expense or obligation on behalf of Owner in connection with development of the Project, except in the face of an emergency affecting the safety of persons or property in connection with the Project, and then only to the extent reasonably necessary during the period of such emergency. In the event of an emergency, Developer shall notify Advisor as soon as practicable of the existence of such emergency, the action taken by and the expense or obligation incurred by Developer with respect thereto.
