MAXIMUM FINANCIAL OBLIGATION. In no event shall the maximum financial obligation of Institution for services under this Agreement exceed $_________. This maximum financial obligation includes, but is not limited to, all applicable taxes, fees, overheads, and all other direct and indirect costs incurred or to be incurred by Contractor. The maximum financial obligation represents available funds for payment to Contractor and does not guarantee payment of any such funds to Contractor under this Agreement unless Institution requests work and Contractor performs the work.
Appears in 3 contracts
Sources: Performance Agreement, Professional Services Agreement, Addendum to Agreement