MAXIMUM COST TO DISTRICT Clause Samples

The "Maximum Cost to District" clause sets a firm upper limit on the total amount the district is obligated to pay under a contract. In practice, this means that regardless of any unforeseen expenses or changes in project scope, the district will not be responsible for costs exceeding the specified maximum. This clause typically applies to contracts for services, construction, or procurement, ensuring that the district's financial exposure is capped. Its core function is to protect the district from budget overruns and provide clear financial boundaries for both parties.
MAXIMUM COST TO DISTRICT. In no event will the cost to District for the services to be provided herein exceed the maximum sum of $17,300.00 including direct non-salary expenses. As set forth in paragraph 14 of this Contract, should the funding source for this contract be reduced, Contractor agrees that this maximum cost to District may be amended by written notice from District to reflect that reduction.
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MAXIMUM COST TO DISTRICT. In no event will the cost to District for the services to be provided herein exceed the maximum sum of $76,000.00 including direct non- salary expenses.
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MAXIMUM COST TO DISTRICT. Notwithstanding any other provision of this Agreement, in no event shall the cost to District for the services to be provided hereunder exceed the maximum sum of four-hundred and seventy-five thousand dollars ($475,000.00).
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MAXIMUM COST TO DISTRICT. In no event will the cost to District for the services to be provided herein exceed the maximum sum of $150,000 including direct non-salary expenses.
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MAXIMUM COST TO DISTRICT. In no event will the cost to County for the services to be provided herein exceed the maximum sum of $40,000 including direct non- salary expenses.
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MAXIMUM COST TO DISTRICT. In no event, will the cost to District for the services to be provided herein exceed the maximum sum of Two Hundred Thirty-One Thousand, and Thirty-Five Dollars ($231,035), including direct non-salary expenses, without a written amendment to this Agreement approved by the Marin County Transit District.
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MAXIMUM COST TO DISTRICT. In no event will the cost to the District for the services to be provided herein exceed the maximum sum of including direct non- salary expenses.
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MAXIMUM COST TO DISTRICT. In no event, will the cost to District for the services to be provided herein exceed the maximum sum of Two Hundred Thirty-Three Thousand, and One-Hundred and Ninety-Five Dollars ($233,195), including direct non-salary expenses, without a written amendment to this Agreement approved by the Marin County Transit District. This route will operate between the Marin Civic Center and ▇▇▇▇▇▇ Creek road via Los Ranchitos, Northgate mall and Las Gallinas Road. The Route will connect will the Route 45 at the Civic Center and corridor service on ▇▇▇▇▇▇ Creek Road. The service will operate on hourly headways for 9 hours a day on weekday, non-holidays. Figure 1 shows the proposed route alignment for the Route 259. MCTD will provide a 13 passenger vehicle for service on this route. ROUTE 259 —MARINWOOD /TERRA ▇▇▇▇▇ WEEKDAY SERVICE 8:15 AM 8:19 AM 8:21 AM 8:26 AM 8:34 AM 8:41 AM 7:41 AM 7:47 AM 7:55 AM 7:59 AM 8:02 AM 8:07 AM 9:15 AM 9:19 AM 9:21 AM 9:26 AM 9:34 AM 9:41 AM 8:41 AM 8:47 AM 8:55 AM 8:59 AM 9:02 AM 9:07 AM 10:15 AM 10:19 AM 10:21 AM 10:26 AM 10:34 AM 10:41 AM 9:41 AM 9:47 AM 9:55 AM 9:59 AM 10:02 AM 10:07 AM 11:15 AM 11:19 AM 11:21 AM 11:26 AM 11:34 AM 11:41 AM 10:41 AM 10:47 AM 10:55 AM 10:59 AM 11:02 AM 11:07 AM 1:15 PM 1:19 PM 1:21 PM 1:26 PM 1:34 PM 1:41 PM 12:41 PM 12:47 PM 12:55 PM 12:59 PM 1:02 PM 1:07 PM 2:15 PM 2:19 PM 2:21 PM 2:26 PM 2:34 PM 2:41 PM 1:41 PM 1:47 PM 1:55 PM 1:59 PM 2:02 PM 2:07 PM 3:15 PM 3:19 PM 3:21 PM 3:26 PM 3:34 PM 3:41 PM 2:41 PM 2:47 PM 2:55 PM 2:59 PM 3:02 PM 3:07 PM 4:15 PM 4:19 PM 4:21 PM 4:26 PM 4:34 PM 4:41 PM 3:41 PM 3:47 PM 3:55 PM 3:59 PM 4:02 PM 4:07 PM 5:15 PM 5:19PM 5:21 PM 5:26 PM 5:34 PM 5:41 PM 4:41 PM 4:47 PM 4:55 PM 4:59 PM 5:02 PM 5:07 PM 1. Cost per service hours shall be determined as follows: Proposed Shuttle Service Cost per Service Hour Contract Service Hours1 Contract Cost Fixed administrative costs per month (if any) 0 Route 221 (13 passenger vehicle provided by MCTD) 52.35 1,212 63,453 Route 233 (operator provided vehicle) 51.98 1,414 73,498 Route 259 (13 passenger vehicle provided by MCTD) 44.44 1,818 80,799 Contract Base Price 49.00 4,444 217,756 Additional hour on Route 221 49.00 205 10,045 Extra three days of service 49.00 66 3,234 Additional Maintenance Costs for increased Mileage on Route 259 (Pro-rated for December –June) 2,1602 1. Assuming 205 weekday non holidays in the contract period. Holidays included are New Year’s day, Presidents’ day, Memorial day, July 4th (not in current contract), L...
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Related to MAXIMUM COST TO DISTRICT

  • MAXIMUM COST TO COUNTY In no event will the cost to County for the services to be provided herein exceed the maximum sum of $ including direct non-salary expenses. As set forth in section 14 of this Contract, should the funding source for this Contract be reduced, Contractor agrees that this maximum cost to County may be amended by written notice from County to reflect that reduction.

  • RIGHT OF ALLOTTEE TO USE COMMON AREAS AND FACILITIES SUBJECT TO PAYMENT OF TOTAL MAINTENANCE CHARGES The Allottee hereby agrees to purchase the [Apartment/Plot] on the specific understanding that is/her right to the use of Common Areas shall be subject to timely payment of total maintenance charges, as determined and thereafter billed by the maintenance agency appointed or the association of allottees (or the maintenance agency appointed by it) and performance by the Allottee of all his/her obligations in respect of the terms and conditions specified by the maintenance agency or the association of allottees from time to time.

  • Maximum or Minimum Interest Rate If specified on the face hereof, this Note may have either or both of a Maximum Interest Rate or a Minimum Interest Rate. If a Maximum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever exceed such Maximum Interest Rate and in the event that the interest rate on any Interest Reset Date would exceed such Maximum Interest Rate (as if no Maximum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Maximum Interest Rate. If a Minimum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever be less than such Minimum Interest Rate and in the event that the interest rate on any Interest Reset Date would be less than such Minimum Interest Rate (as if no Minimum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Minimum Interest Rate. Notwithstanding anything to the contrary contained herein, the interest rate on a Floating Rate Note shall not exceed the maximum interest rate permitted by applicable law.

  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

  • Maximum Charges In no event whatsoever shall interest and other charges charged hereunder exceed the highest rate permissible under law. In the event interest and other charges as computed hereunder would otherwise exceed the highest rate permitted under law, such excess amount shall be first applied to any unpaid principal balance owed by Borrowers, and if the then remaining excess amount is greater than the previously unpaid principal balance, Lenders shall promptly refund such excess amount to Borrowers and the provisions hereof shall be deemed amended to provide for such permissible rate.