Common use of Maximum Funding Clause in Contracts

Maximum Funding. County will pay Provider an amount not to exceed the amount specified in Exhibit A, “Agreement Specifications,” for work performed and completed pursuant to this Agreement, which amount will be accepted by Provider as full compensation for all such work. Provider acknowledges that this amount is the maximum payable and constitutes a limitation upon County’s obligation to compensate Provider for its services related to this Agreement. This maximum amount, however, does not constitute a limitation upon Provider’s obligation to perform all items of work required by or which can be reasonably inferred from the Scope of Services. No amount will be paid to Provider to reimburse its expenses, unless otherwise expressly required in this Agreement. County funding under this Agreement relates exclusively to the Initial Term, and County is not obligated to fund Provider beyond the Initial Term. If the Contract Administrator exercises an Option Period under this Agreement, or if this Agreement is extended pursuant to Article 2, the maximum amount payable by County must not exceed the amount specified for each period in Exhibit A, except as provided below in the section titled, “Maximization of Return on Expenditure of County Funds.”

Maximum Funding. County will pay Provider an amount not to exceed the amount specified in Exhibit A, “Agreement Specifications,” , for work services performed and completed pursuant to under this Agreement, which amount will be accepted by Provider as full compensation for all such workservices. Provider acknowledges that this amount is the maximum payable and constitutes a limitation upon County’s obligation to compensate Provider for its services related to under this Agreement. This maximum amount, however, does not constitute a limitation upon Provider’s obligation to perform all items of work services required by or which can be reasonably inferred from the Scope of Services. No amount will be paid to Provider to reimburse its expenses, unless otherwise expressly required in this Agreement. County funding under this Agreement relates exclusively to the Initial Term, and County is not obligated to fund Provider beyond the Initial Term. If the Contract Administrator exercises an Option Period under this Agreement, or if this Agreement is extended pursuant to in accordance with Article 2, the maximum amount payable by County must not exceed the amount specified for each period in Exhibit A, except as provided below in the section titled, titled “Maximization of Return on Expenditure of County Funds,” or otherwise appropriated by the Board.”