Payment Limit Clause Samples
A Payment Limit clause sets a maximum amount that one party is obligated to pay under a contract. This clause typically applies to fees, damages, or reimbursements, ensuring that total payments do not exceed a specified cap regardless of circumstances. By establishing a clear financial ceiling, the clause protects parties from unexpected or unlimited financial exposure, thereby allocating risk and providing budgetary certainty.
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Payment Limit. County's total payments to Agency under this Agreement shall not exceed $116,570.00.
Payment Limit. In no event will the LTD Benefit plus Deductible Income plus Work Earnings exceed 100% of Predisability Earnings. In the event your LTD Benefit plus Deductible Income plus Work Earnings exceeds 100% of Predisability Earnings, the LTD Benefit will be reduced by the amount in excess of 100% of Predisability Earnings. GLDI-C2300-(12/06)
Payment Limit. City’s total payments to Contractor under this Contract shall not exceed $ . City shall not pay for services that exceed the Contract Payment Limit unless a contract amendment has been approved by the City Council or City Manager.
Payment Limit. County's total payments to Contractor under this Contract shall not exceed $ .
Payment Limit. 10.1 From time to time, we may set payment limits on the value of Payment Transactions you may carry out:
10.1.1 in respect of a single Payment Transaction; and / or
10.1.2 in respect of cumulative Payment Transactions over a specified period of time.
10.2 Applicable payment limits are available on the Website. We shall increase or decrease any payment limits at our sole discretion and shall notify you in advance of any changes made.
10.3 If you wish to increase or decrease payment limit, then you should contact the us at support@Kyshico.
10.4 We shall increase any payment limits only at our sole discretion and shall not be obliged to increase any payment limit. We shall have the right to ask you for information and documents to substantiate and certify the need for increasing a payment limit.
Payment Limit. City’s total payments to Contractor under this Contract shall not exceed $ 30,000.00 (“Contract Payment Limit”) unless a Contract Amendment has been approved by the City Council or City Manager. If this amount includes a contingency, Contractor acknowledges that any use of such contingency shall be for work beyond the original scope of services and requires prior written authorization by the City. If noted below, Compensation for work done under this Contract, shall not exceed as follows: FY 24-25 total compensation shall not exceed $10,000.00 FY 25-26 total compensation shall not exceed $10,000.00 FY 26-27 total compensation shall not exceed $10,000.00
Payment Limit. The maximum amount payable by the County under this Contract is unchanged.
Payment Limit. The County’s total payments to Contractor under this Agreement shall not exceed $5,000,000 (“Payment Limit”). Nothing in this Agreement obligates the County to make any purchases, or any particular volume of purchases, under this Agreement.
Payment Limit. District’s total payments to Contractor under this Contract shall not exceed $320,000.00.
Payment Limit. TOTAL PAYMENT (S) TO CONTRACTOR, UNDER THIS CONTRACT SHALL NOT EXCEED $ , including travel/other expenses.