Common use of Stacking Limit Clause in Contracts

Stacking Limit. The maximum level of total government assistance (whether from federal, provincial/territorial, and/or municipal departments, governmental agencies or Crown corporations) cannot exceed seventy-five (75%) percent of the total Project Costs (the “Stacking Limit”). At times where the total government assistance to the Applicant exceeds the Stacking Limit, Alberta Innovates reserves the right to unilaterally and without notice reduce its investment such that the Stacking Limit is not exceeded.

Stacking Limit. The maximum level of total government assistance (whether from federal, provincial/territorial, and/or municipal departments, governmental agencies or Crown corporations) cannot exceed seventy-five (75%) percent of the total Project Costs (the “Stacking Limit”). At times where the total government assistance to the Alberta Applicant exceeds the Stacking Limit, Alberta Innovates reserves the right to unilaterally and without notice reduce its investment such that the Stacking Limit is not exceeded.

Stacking Limit. The maximum level of total government assistance (whether from federal, provincial/territorial, and/or municipal departments, governmental agencies or Crown corporations) cannot exceed seventy-five (75%) percent of the total Project Costs (the “Stacking Limit”). At times where the total government assistance to the Applicant exceeds the Stacking Limit, Alberta Innovates reserves reserve the right to unilaterally and without notice reduce its investment such that the Stacking Limit is not exceeded.

Stacking Limit. ‌ The maximum level of total government assistance (whether from federal, provincial/territorial, and/or municipal departments, governmental agencies or Crown corporations) cannot exceed seventy-five (75%) percent of the total Project Costs (the “Stacking Limit”). At times where the total government assistance to the Applicant exceeds the Stacking Limit, Alberta Innovates reserves the Funders reserve the right to unilaterally and without notice reduce its their investment such that the Stacking Limit is not exceeded.

Stacking Limit. ‌ The maximum level of total government assistance (whether from federal, provincial/territorial, and/or municipal departments, governmental agencies or Crown corporations) cannot exceed seventy-five (75%) percent of the total Project Costs (the “Stacking Limit”). At times where the total government assistance to the Applicant exceeds the Stacking Limit, Alberta Innovates reserves reserve the right to unilaterally and without notice reduce its investment such that the Stacking Limit is not exceeded.