Common use of Total Payment Not to Exceed Clause in Contracts

Total Payment Not to Exceed. Fifteen Percent (15%). Total payment of State funds under this Agreement shall not exceed the lesser of: 4.2.1. Fifteen percent (15%) of Grantee’s total, estimated, Allowable Expenditures as set forth in the Budget Plan; or 4.2.2. Fifteen percent (15%) of Grantee’s total, final, Allowable Expenditures upon Project Completion.

Total Payment Not to Exceed. Fifteen Percent (15%). Total payment of State funds under this Agreement shall not exceed the lesser of: 4.2.1. : Fifteen percent (15%) of Grantee’s total, estimated, Allowable Expenditures as set forth in the Budget PlanPlan and, to the extent applicable, the Outside TSA Infrastructure Worksheet; or 4.2.2. or Fifteen percent (15%) of Grantee’s total, final, Allowable Expenditures upon Project Completion.