Total Cumulative Increase definition

Total Cumulative Increase means the total value of all increases to the original Procurement Value, including the value of all previously approved amendments and the value of the proposed amendment.
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Total Cumulative Increase means the total value of all increases to the original procurement value, including the value of all previously approved amendments and the value of the proposed amendment. SCHEDULE “B” - EXCLUSIONS The following acquisitions and expenditures are excluded from the application of the Procurement By-law:
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Examples of Total Cumulative Increase in a sentence

  • Council approval is required in all cases where the Total Cumulative Increase is both more than $100,000 and more than 10% of the original Contract Value.

  • If the Total Cumulative Increase is either less than $100,000 or less than 10% of the original Contract Value, the contract amendment may be approved at the staff level.

  • Total Cumulative IncreaseAuthorize Amendment< $50,000Department Head≥ $50,000CAOTable 5 – Table of Authority if Total Cumulative Increase is Equal to or More Than 20% of Original Procurement Value Total Cumulative IncreaseAuthorize Amendment< $250,000Chief Administrative Officer≥ $250,000Council Total Cumulative Increase means the total value of all increases to the original Procurement Value, including the value of all previously approved amendments and the value of the proposed amendment.

Related to Total Cumulative Increase

  • Increased Amount of any Indebtedness shall mean any increase in the amount of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms, accretion of original issue discount or liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Fixed Incremental Amount has the meaning specified in the definition of “Permitted Incremental Amount.”