Common use of Maximum Compensation and Budget Requirement Clause in Contracts

Maximum Compensation and Budget Requirement. Citizens’ obligation to pay Vendor for all Services and reimbursable expenses under this Agreement (a) shall not exceed a total dollar amount of three hundred and forty three million, nine hundred thousand U.S. dollars ($343,900,000.00); and, (b) is contingent on the availability of budgeted funds approved by Citizens’ Board of Governors on an annual basis. Citizens’ does not guarantee that Vendor will receive any Work Assignments or any minimum volume of work. Vendor acknowledges and agrees that the Services provided during a State of Florida or federal government declared emergency or catastrophe will be paid at the rates set forth in this Agreement.

Appears in 11 contracts

Samples: Independent Adjusting Services Agreement, Independent Adjusting Services Agreement, Independent Adjusting Services Agreement

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Maximum Compensation and Budget Requirement. Citizens’ obligation to pay Vendor for all Services and reimbursable expenses under this Agreement (a) shall not exceed a total dollar amount of three hundred and forty three million, nine hundred thousand U.S. dollars ($343,900,000.00)DOLLAR AMOUNT; and, (b) is contingent on the availability of budgeted funds approved by Citizens’ Board of Governors on an annual basis. Citizens’ does not guarantee that Vendor will receive any Work Assignments or any minimum volume of work. Vendor acknowledges and agrees that the Services provided during a State of Florida or federal government declared emergency or catastrophe will be paid at the rates set forth in this Agreement.

Appears in 6 contracts

Samples: Agreement for Fast Track Adjusting Services, Agreement for Independent Adjusting Services, Agreement for Independent Adjusting Services – Catastrophe

Maximum Compensation and Budget Requirement. Citizens’ obligation to pay Vendor for all Services and reimbursable expenses under this Agreement (a) shall not exceed a total dollar amount of three one-hundred and forty three ten million, seven-hundred and twenty thousand, four-hundred and seventy-nine hundred thousand U.S. dollars and sixty cents ($343,900,000.00110,720,479.60); and, (b) is contingent on the availability of budgeted funds approved by Citizens’ Board of Governors on an annual basis. Citizens’ does not guarantee that Vendor will receive any Work Assignments or any minimum volume of work. Vendor acknowledges and agrees that the Services provided during a State of Florida or federal government declared emergency or catastrophe will be paid at the rates set forth in this Agreement.

Appears in 4 contracts

Samples: Fast Track Adjusting Services Agreement, Fast Track Adjusting Services Agreement, Fast Track Adjusting Services Agreement

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Maximum Compensation and Budget Requirement. Citizens’ obligation to pay Vendor for all Services and reimbursable expenses under this Agreement (a) shall not exceed a total dollar amount of three hundred and forty forty-three million, nine hundred thousand U.S. dollars ($343,900,000.00); and, (b) is contingent on the availability of budgeted funds approved by Citizens’ Board of Governors on an annual basis. Citizens’ does not guarantee that Vendor will receive any Work Assignments or any minimum volume of work. Vendor acknowledges and agrees that the Services provided during a State of Florida or federal government declared emergency or catastrophe will be paid at the rates set forth in this Agreement.

Appears in 4 contracts

Samples: Independent Adjusting Services Agreement, Independent Adjusting Services Agreement, Independent Adjusting Services Agreement

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