Financial Limit definition

Financial Limit means the amount specified in Section 1 (Form of Contract) and is the maximum amount of Charges paid by DFID and which DFID has agreed are duly payable under this Contract for the receipt of the Services.
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Financial Limit means the amount specified in Section 1 and is the maximum amount payable by GuarantCo under this Contract including all applicable taxes.
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Financial Limit means the amount specified in Section 1 (Form of Contract) and is the maximum amount of Charges paid by FCDO and which FCDO has agreed are duly payable under this Contract for the receipt of the Services.
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Examples of Financial Limit in a sentence

  • No expenditure may be incurred in excess of the Financial Limit and no virements between components shown in the Section 5 (Schedule of Prices) are permitted without the prior written authority of the DFID Contract Officer.


More Definitions of Financial Limit

Financial Limit means the amount specified in Section 1 and is the maximum amount payable by DFID under this Contract for the receipt of the Services.
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Financial Limit. [Shall mean [the amount of the surety bond in words and figures] [Not applicable]
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Financial Limit means the amount described in Section 1 (Form of Contract).
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Financial Limit means the amount specified in Section 1 (Form of Agreement and/or any Call Down Contract) and is the maximum amount of Charges paid by DFID and which DFID has agreed are duly payable under this Agreement and/or any Call Down Contract for the receipt of the Services.
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Financial Limit means the amount specified in Section 1 (Form of Agreement) and is the maximum amount of Charges paid by the Authority and which the Authority has agreed are duly payable under this Contract for the receipt of the Services.
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Financial Limit means the sum specified in Part 7 of the Schedule calculated according to the following formula: Construction estimate of all works x 10% = [ a ] Construction estimate of Pump Stations x 15% = [ b ] [ a ] + [ b ] = Financial Limit Inspection Fees means such fees for the inspection of sewers and drains as the Authority may from time to time fix for general purposes Layout Plan means the plan attached to this Agreement which shows the Site and the layout of the Works Maintenance Period means the period of 12 months from the date of issue of the Provisional Certificate or (if more than one is issued) the date of issue of the last Provisional Certificate Period of Construction means the period specified in Part 8 of the Schedule calculated from the date specified in Part 9 of the Schedule Protected Strip means the strip of land shown coloured { } on the Layout Plan having a width of 3 metres and (unless the contrary is clear from the Drawings or the Layout Plan) lying one half to each side of the centreline of those parts of the Works to which condition 20 applies and any existing sewers shown on the Drawings or the Layout Plan and includes any part of the Protected Strip Provisional Certificate means the certificate issued under condition 8 The Schedule means the Schedule on page 1 of this Agreement Sewer has the same meaning as in the Act The Site means the site of the Development and any other land owned or leased by the Developer under in or through which the Works are proposed to be executed and outlined in green on the layout plan The Specification means the M&E and the Civil Engineering Specification (shown as Parts 3 and 4 of the 1st edition of Manx Sewers for Adoption published by the Authority (or its predecessor the Department of Transport) or the corresponding provisions of whichever subsequent edition thereof is current) and any appendices provided by the Authority Vesting Declaration A declaration under condition 12 The Works means (subject to any alteration in accordance with condition 2.2) all the sewers as shown on the Drawings and includes any part or parts of the Works
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Related to Financial Limit

  • Liquidity Capitalization means the number, as of immediately prior to the Liquidity Event, of shares of the Company’s capital stock (on an as-converted basis) outstanding, assuming exercise or conversion of all outstanding vested and unvested options, warrants and other convertible securities, but excluding: (i) shares of Common Stock reserved and available for future grant under any equity incentive or similar plan; (ii) any SAFEs; and (iii) convertible promissory notes.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company or any Subsidiary.

  • Adjusted Consolidated EBITDA means, for any Computation Period, Consolidated EBITDA for such Computation Period adjusted by giving effect on a pro forma basis to Acquisitions and dispositions completed during such Computation Period.

  • Consolidated Current Assets at any date, all amounts (other than cash and Cash Equivalents) that would, in conformity with GAAP, be set forth opposite the caption “total current assets” (or any like caption) on a consolidated balance sheet of the Borrower and its Subsidiaries at such date.

  • Adjusted Consolidated Net Income means, for any period, the aggregate net income (or loss) of the Company and its Restricted Subsidiaries for such period determined in conformity with GAAP; provided that the following items shall be excluded in computing Adjusted Consolidated Net Income (without duplication): (i) the net income of any Person that is not a Restricted Subsidiary, except to the extent of the amount of dividends or other distributions actually paid to the Company or any of its Restricted Subsidiaries by such Person during such period; (ii) solely for the purposes of calculating the amount of Restricted Payments that may be made pursuant to clause (C) of the first paragraph of Section 4.04 (and in such case, except to the extent includable pursuant to clause (i) above), the net income (or loss) of any Person accrued prior to the date it becomes a Restricted Subsidiary or is merged into or consolidated with the Company or any of its Restricted Subsidiaries or all or substantially all of the property and assets of such Person are acquired by the Company or any of its Restricted Subsidiaries; (iii) the net income of any Restricted Subsidiary to the extent that the declaration or payment of dividends or similar distributions by such Restricted Subsidiary of such net income is not at the time permitted by the operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to such Restricted Subsidiary; (iv) any gains or losses (on an after-tax basis) attributable to Asset Sales; (v) except for purposes of calculating , the amount of Restricted Payments that may be made pursuant to clause (C) of the first paragraph of Section 4.04, any amount paid or accrued as dividends on Preferred Stock of the Company or any Restricted Subsidiary owned by Persons other than the Company and any of its Restricted Subsidiaries; and (vi) all extraordinary gains and extraordinary losses (on an after-tax basis).

  • Financial Quarter means the period commencing on the day after one Quarter Date and ending on the next Quarter Date.

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.

  • Consolidated Net Assets means the aggregate of all assets of the Company and its Subsidiaries after deducting all current liabilities (excluding current maturities of long-term debt and all obligations under Capital Leases), all as set forth on the most recent balance sheet of the Company and its Consolidated Subsidiaries and determined on a consolidated basis in accordance with GAAP.

  • Adjusted Consolidated Net Tangible Assets means (without duplication), as of the date of determination, the remainder of:

  • Financial Debt means a debt along with interest, if any, which is disbursed against the consideration for the time value of money and includes—

  • Consolidated Total Liabilities means, as of any date of determination, the total liabilities of the Borrower and its Subsidiaries on a consolidated basis, as determined in accordance with GAAP.

  • Quarterly Financial Statements is defined in Section 6.2(a).