Maximum Sum definition

Maximum Sum means the maximum amount of the Grant to be provided by the Authority to the Grant Recipient for the Funded Activities;
Maximum Sum means the maximum amount of Grant to be provided by the Secretary of State for the support of the Project and includes the Capital Maximum Sum and the Revenue Maximum Sum.
Maximum Sum means (subject to clause 22.7) the maximum amount of Grant payable by us for the Project under this Agreement as specified in Schedule 2 to this Agreement; "Monthly Progress Return" the confirmation of actual Qualifying Outputs delivered by the Project in the month prior to submission of this Monthly Progress Return via the Outputs Block on OPS, an example of which is provided at Part 1 of Schedule 6. "Next Financial Year" means the Financial Year immediately following the Current Financial Year;

Examples of Maximum Sum in a sentence

  • The Maximum Sum will not be increased in the event of any overspend by the Grant Recipient in its delivery of the Funded Activities.


More Definitions of Maximum Sum

Maximum Sum means the amount of the Connection Charge Bond that the Customer shall provide to the Company less an amount equal to the Connection Charge (excluding, for the avoidance of doubt, any interest for late payment) paid by the Customer up to the relevant date;
Maximum Sum means (subject to clause 22.7) the maximum amount of Grant payable by us for the Project under this Agreement as specified in Schedule 2 to this Agreement;
Maximum Sum means (subject to clause 22.7) the maximum amount of Grant payable by us for the Project under this Agreement as specified in Schedule 2 to this Agreement; "Next Financial Year" means the Financial Year immediately following the Current Financial Year;
Maximum Sum means the maximum amount of Grant to be provided by the Secretary of State for the support of the Project and includes the Youth Employment Initiative Maximum Sum and the General European Social Fund Maximum Sum.
Maximum Sum means £1,000,000 or the equivalent using the Base Exchange Rate.
Maximum Sum means the maximum amount of the Grant stated in the Grant Funding Letter; Party means the Authority or Grant Recipient and Parties shall be each Party together;
Maximum Sum means the maximum amount of the Grant to be provided by HMRC to the Grant Recipient for the Funded Activities;