Reimbursement Limitation Clause Samples
A Reimbursement Limitation clause sets a cap or specific conditions on the amount or types of expenses that one party is required to repay to another under a contract. Typically, this clause outlines which costs are eligible for reimbursement, such as travel or materials, and may exclude certain categories or set maximum limits per expense or in total. Its core function is to control financial exposure and prevent unexpected or excessive reimbursement claims, thereby providing predictability and budgetary control for the parties involved.
POPULAR SAMPLE Copied 2 times
Reimbursement Limitation. If the recipient expends more than the amount of federal funding in its EPA approved budget in anticipation of receiving additional funds from EPA, it does so at its own risk. EPA is not legally obligated to reimburse the recipient for costs incurred in excess of the EPA approved budget.
Reimbursement Limitation. If the Sponsor expends more than the amount of RCO funding in this Agreement in anticipation of receiving additional funds from the RCO, it does so at its own risk. RCO is not legally obligated to reimburse the Sponsor for costs incurred in excess of the RCO approved budget.
Reimbursement Limitation. Notwithstanding anything in this Agreement to the contrary, any Reimbursement Payment paid to Employee, as supplemented by the gross-up payment, if any, shall not exceed $2,000,000. For the sake of clarity, in no event shall Company be required to pay more than $2,000,000 to Employee with respect to reimbursement of forfeiture damages and any applicable gross-up payment. This limitation does not apply to the cost to defend a lawsuit. The terms of this Section shall survive the expiration or termination of this Agreement unless employment is terminated by Company for Cause or by Employee for any reason other than Good Reason.
Reimbursement Limitation. Notwithstanding any other provisions of this Section 3.04, no Lender shall demand compensation under subsection (a) and (b) of this Section 3.04 if it shall not at the time be the general policy of such Lender to demand such compensation in similar circumstances under comparable provisions of other credit agreements.
Reimbursement Limitation. HUD’s financial obligations to the Recipient are limited by the amount of federal funding awarded to date as reflected on the award document. If the Recipient incurs costs in anticipation of receiving additional funds from HUD, it does so at its own risk.
Reimbursement Limitation a. If this Contract is fully funded, FAR 52.232-20 (Apr 1984), "Limitation of Cost," is incorporated by reference. The term "Schedule" means this Contract, the term "Contractor" means Seller, the term "Government" means Buyer, and the term "Contracting Officer" means Buyer’s Authorized Procurement Representative. The word "exclusive" in the first sentence of paragraph (a) is revised to "inclusive.” Paragraph (d)(1) is revised to read: "
Reimbursement Limitation. EPA's financial obligations to the recipient are limited by the amount of federal funding awarded to date as reflected on the award document. If the recipient incurs costs in anticipation of receiving additional funds from EPA, it does so at its own risk. See 2 CFR 1500.8
Reimbursement Limitation. If Sub-Recipient expends more than the amount of federal funding in its approved budget in anticipation of receiving additional funds, it does so at its own risk. The Federal Government is not legally obligated to reimburse Sub-Recipient for costs incurred in excess of the approved budget.
Reimbursement Limitation. If the sponsor expends more than the grant amount in this Agreement in its approved budget in anticipation of receiving additional funds, it does so at its own risk. The Federal Government and RCO is not legally obligated to reimburse the sponsor for costs incurred in excess of the approved budget. See also Section 11: Project Reimbursements.
Reimbursement Limitation. A. The percentage of Contract award expended for monthly reimbursement of services and set aside for Title XIX services to be provided under the terms of this Contract shall not exceed the percentage of budget period completed by more than five percent (5%). The total amount of reimbursement requested shall not exceed the total Contract award (as stated in Exhibit B).
B. At the discretion of the County, reimbursement in excess of the five percent (5%) limitation may be made to allow for increased seasonal service demands for services delivered after the date of which the County has approved a written request for modification. Requests shall include supporting justification including a spending plan that ensures continuity of services during the term of the Contract.
C. Federal funds may only be used as the payment of last resort for services to Pregnant and Parenting Women (PPW). Federal Block Grant for substance abuse services funding may not be used to satisfy any requirement for the expenditure of nonfederal funds as a condition for the receipt of Federal funds; or to provide financial assistance to any entity other than a public or nonprofit private entity. In addition the Contractor shall not use Federal Block Grant Funds for the following:
1. Services and programs that are covered under the capitation rate for Medicaid-covered services to Medicaid enrollees;
1. Hospital inpatient chemical dependency services;
1. Construction and/or renovation;
1. Capital assets or the accumulation of operating reserve accounts;
1. Equipment costs over $5,000;
1. Cash payments to patients including all patient incentives;
1. State match for other federal funds;
1. Needle Exchange Program or distribution of supplies for injecting drug users;