Maximum Approved Cost definition

Maximum Approved Cost means the maximum amount that the Judicial Council will pay to Contractor for the Work performed pursuant to a TO.
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Maximum Approved Cost. The amount established in accordance with paragraph 6(c) that Tenant has agreed to pay for the Improvements to the Premises.
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Maximum Approved Cost. The sum of the Tenant Construction Allowance and any additional amount that Tenant has agreed to pay for the Improvements pursuant to Paragraph 5.(h).
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Examples of Maximum Approved Cost in a sentence

  • Any TO with a Maximum Approved Cost in excess of $100,000 without the written approval of the Facility Services Manager shall be considered void and will not be paid by the Judicial Council.

  • Upon Tenant's timely fulfillment of its obligations in either clause (1) or clause (2) immediately above, the Maximum Approved Cost will be established.

  • Any changes to the Maximum Approved Cost must be fully justified and approved by the Judicial Council.

  • The Contractor shall not exceed the Maximum Approved Cost without the express written consent of the Judicial Council.

  • Any TO with a proposed Maximum Approved Cost in excess of $100,000 must have the approval of the Facility Services Manager.

  • Tenant shall give immediate attention to establishing the Maximum Approved Cost by responding to Landlord within 2 business days.

  • Maximum Approved Cost (MAC).‌ If the Contractor has commenced a Cost Plus TO and becomes aware that completion of the TO may exceed the original applicable Maximum Approved Cost, Contractor shall immediately notify the Judicial Council and provide the Judicial Council with justification for the additionalcost.

  • In no event will the Judicial Council pay the Contractor more than the Maximum Approved Cost specified in a TO for Work performed pursuant to that TO.

  • If the final construction budget is less than Tenant’s Maximum Approved Cost, the Landlord will take steps necessary to commence construction of the improvements to the premises in coordination with Tenant.

  • Upon Tenant’s timely fulfillment of its obligations above, Tenant’s Maximum Approved Cost will be established.


More Definitions of Maximum Approved Cost

Maximum Approved Cost means the maximum amount that the AOC will pay to Contractor for the Work performed pursuant to an SWO.
Sample 1
Maximum Approved Cost means the sum of the Construction as outline above and any additional amount that Tenant has agreed to pay for the Improvements to the Premises.
Sample 1

Related to Maximum Approved Cost

  • Maximum allowable cost list means a list of drugs for

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Eligible cost means as applied to a qualified project to be financed from the federal accounts, the costs that are permitted under applicable federal laws, requirements, procedures, and guidelines in regard to establishing, operating, and providing assistance from the bank. As applied to a qualified project to be financed from the state highway account, these costs include the costs of preliminary engineering, traffic and revenue studies, environmental studies, right‑of‑way acquisition, legal and financial services associated with the development of the qualified project, construction, construction management, facilities, and other costs necessary for the qualified project. As applied to any qualified project to be financed from the state transit account, eligible project costs are limited to capital expenditures for transit equipment and facilities.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $150,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • 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.

  • 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.

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Maximum Advance Amount means, for each Advance Notice, the greater of: (i) an amount calculated by multiplying the Market Price applicable to the relevant Advance Notice, multiplied by 200,000 Shares; or (ii) two hundred percent (200%) of the average daily volume of shares of Common Stock traded during the immediately preceding five (5) consecutive trading days applicable to the relevant Advance Notice.

  • Available Commitment means a Lender’s Commitment minus:

  • 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.

  • Maximum Amount means the Maximum Amount as specified in § 1 of the Product and Underlying Data.

  • 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.