Common use of Maximum Commitment Clause in Contracts

Maximum Commitment. The maximum aggregate amount payable by NYSERDA to the Grant Recipient shall be the amount appearing on page one of this Agreement. Payment of the maximum shall be contingent upon Grant Recipient’s continued compliance with the capital commitment minimum described in Section IV.A.1. NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Grant Recipient in the performance and completion of the Project.

Maximum Commitment. The maximum aggregate amount payable as grant proceeds by NYSERDA to the Grant Recipient shall be the amount appearing on page one of this Agreement. Payment of the maximum shall be contingent upon Grant Recipient’s continued compliance with the capital commitment minimum described in Section IV.A.1. NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Grant Recipient in the performance and completion of the ProjectPort Improvements.

Maximum Commitment. The maximum aggregate amount payable by NYSERDA to the Grant Recipient shall be the amount appearing on page one of this Agreement. Payment of the maximum shall be contingent upon Grant Recipient’s continued compliance with the capital commitment minimum described in Section IV.A.1. NYSERDA shall not be liable for any costs or expenses in excess of such amount incurred by the Grant Recipient in the performance and completion of the ProjectPort Improvements.