Common use of LIMITATIONS ON MAXIMUM REIMBURSEMENT Clause in Contracts

LIMITATIONS ON MAXIMUM REIMBURSEMENT. (1) The total maximum reimbursement that will be paid by County to Contractor under the Contract, including Cash Flow Advances (CFA), if applicable, for the Initial Period, First Automatic Renewal Period, and the Second Automatic Renewal Period shall be, in no event more than, the Maximum Contract Amount (MCA) specified in Contract, for the Initial Period, First Automatic Renewal Period, and the Second Automatic Renewal Period, respectively. (a) In addition to the general limitation of Paragraph B (1), above,, in no event shall the maximum reimbursement that will be paid by County to Contractor under the Contract for any Funded Program be more than the amount identified as the Funded Program Amount for each Funded Program, as stated on Exhibit B, the Financial Summary, for the Initial Period, First Automatic Renewal Period and the Second Automatic Renewal Period, as applicable. (2) Contractor shall immediately provide written notice to the County when, based on the Contractor’s own internal records, it has billed for services/activities under the Contract in an amount equal to 60 percent of the total MCA or 60 percent of the Funded Program Amount(s) during the Initial Period, First Automatic Renewal Period or the Second Automatic Renewal Period of the Contract. (a) Contractor shall send such notice to those persons and addresses which are set forth in the DMH Legal Entity Contract, Subparagraph

LIMITATIONS ON MAXIMUM REIMBURSEMENT. (1) The total maximum reimbursement that will be paid by County to Contractor under the Contract, including Cash Flow Advances (CFA), if applicable, for the Initial Period, First Automatic Renewal Period, and the Second Automatic Renewal Period shall be, in no event more than, the Maximum Contract Amount (MCA) specified in Contract, for the Initial Period, First Automatic Renewal Period, and the Second Automatic Renewal Period, respectively. (a) In addition to the general limitation of Paragraph B (1), above,, in no event shall the maximum reimbursement that will be paid by County to Contractor under the Contract for any Funded Program be more than the amount identified as the Funded Program Amount for each Funded Program, as stated on Exhibit B, the Financial Summary, for the Initial Period, First Automatic Renewal Period and the Second Automatic Renewal Period, as applicable. (2) Contractor shall immediately provide written notice to the County when, based on the Contractor’s own internal records, it has billed for services/activities under the Contract in an amount equal to 60 percent of the total MCA or 60 percent of the Funded Program Amount(s) during the Initial Period, First Automatic Renewal Period or the Second Automatic Renewal Period of the Contract. (a) Contractor shall send such notice to those persons and addresses which are set forth in the DMH Legal Entity Contract, Subparagraph