Cost Limit definition

Cost Limit shall have the meaning specified in Section 8.2(b).
Cost Limit means at any time the maximum aggregate amount the Funder is willing to risk for the purposes of the Scheme.
Cost Limit means the maximum payment which will be made by the Sponsor under this Agreement as set out in Schedule 1;

Examples of Cost Limit in a sentence

  • Costs of all General Conditions Work, subject to the General Conditions Work Cost Limit; provided, however, the cost of General Conditions Work pertaining to any Subcontract shall not be Cost of the Work if such costs are paid pursuant to that Subcontract.

  • Notwithstanding anything above to the contrary, the City may require the Consultant to revise and modify Construction Documents and assist in the re-bidding of the Work at no additional cost or fee to the City if all responsive and responsible bids received exceed ten (10%) percent of the Maximum Cost Limit.

  • Costs arising from or related to the General Conditions Work in excess of the General Conditions Work Cost Limit.

  • Prior to authorizing the Consultant to proceed with preparation of Construction Document Development, the City shall establish and communicate to the Consultant, a maximum sum for the cost of construction of the Project ("Maximum Cost Limit").

  • DSRIP and PHTII revenues will not be considered to be patient care revenues for this purpose along with other revenues as described in Massachusetts’ Cost Limit Protocol approved by CMS in December 2013.

  • DSRIP payments are incentive payments and are therefore not subject to the Safety Net Care Pool Uncompensated Care Cost Limit Protocol.

  • For this reason, DSRIP payments shall not be considered patient care revenue for purposes of offsetting allowable uncompensated care costs under the Safety Net Care Pool Uncompensated Care Cost Limit Protocol under demonstration authority.

  • Owner shall pay Construction Manager, subject to the Preconstruction Services Cost Limit, for Construction Manager’s preconstruction services in accordance with the terms of Exhibit E.

  • Construction Manager shall bear, without Owner’s reimbursement, all costs in excess of (a) the Project GMP; (b) Cost of the Work for a Deliverable Portion of Work in excess of the GMP for that Work; and (c) General Conditions Work costs for a Deliverable Portion of Work in excess of the General Conditions Work Cost Limit for that Work.

  • Safety Net Care Pool Uncompensated Care Cost Limit Protocol Attachment I.

Related to Cost Limit

  • Cost-reimbursement contract means a contract under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms and the provisions of this code, and paid a fee, if any.

  • Cost Reimbursement means a contract which provides for a fee other than a fee based on a percentage of cost and under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms.

  • Support Cost Rate means the flat rate at which the Partner will be reimbursed by UN Women for its Support Costs, as set forth in the Partner Project Document and not exceeding a rate of 8% or the rate set forth in the Donor Specific Conditions, if that is lower. The flat rate is calculated on the eligible Direct Costs.

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.

  • Indirect Cost Rate means a device for determining in a reasonable manner the proportion of indirect costs each Program should bear. It is a ratio (expressed as a percentage) of the Indirect Costs to a Direct Cost base. If reimbursement of Indirect Costs is allowable under an Award, Grantor will not reimburse those Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and period of time, unless Indirect Costs are reimbursed at a fixed rate.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Rear fog lamp means the lamp used to make the vehicle more easily visible from the rear in dense fog;

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;