Maximum Payable Amount Sample Clauses
The Maximum Payable Amount clause sets a clear upper limit on the total amount that one party is obligated to pay under a contract. This clause typically applies to payments for goods, services, or damages, ensuring that the cumulative financial liability does not exceed a specified cap regardless of circumstances. By establishing this ceiling, the clause provides certainty and protects the paying party from unforeseen or unlimited financial exposure, thereby allocating risk and facilitating budget planning.
Maximum Payable Amount. The amount that the County shall be obligated to pay for MCIP administrative services rendered under this Agreement shall not exceed its share of the nonfederal share of DHCS administrative costs. The maximum payable amount the County shall be obligated to pay for services rendered under this Agreement shall not exceed $49.69 which shall be based on a methodology specified in Addendum A.
A. The maximum payable amount shall be further subject to the allocated State Fiscal Year’s (SFY’s) annual limits not to exceed:
Maximum Payable Amount. A. The amount under this Agreement that the County shall be obligated to reimburse DHCS for MCIP services paid by DHCS to Medi-Cal providers shall not exceed the nonfederal share of the Medi-Cal payments for MCIP services for the County’s inmates incurred by DHCS. The maximum payable amount shall not exceed: $XXX. This amount is subject to the annual limitations listed below:
B. The amount that the County shall be obligated to pay DHCS for MCIP administrative services rendered under this Agreement shall not exceed its apportioned share of the nonfederal share of the federally claimable costs of administering MCIP incurred by DHCS. The maximum payable amount shall not exceed the County’s apportioned share, which shall be based on a methodology specified in Addendum A, which is: $XXX. This amount is subject to the annual limitations listed below:
C. The maximum payable amount under this Agreement shall not exceed $ [sum of Paragraphs A and B].
D. For future SFY periods not covered under this Agreement, the maximum payable amount will be determined through a new Agreement or an amendment to this Agreement.
Maximum Payable Amount. The amount that the County shall be obligated to pay for MCIP administrative services rendered under this Agreement shall not exceed its share of the nonfederal share of DHCS administrative costs. The maximum payable amount the County shall be obligated to pay for services rendered under this Agreement shall not exceed $827.56 which shall be based on a methodology specified in Addendum A.
A. The maximum payable amount shall be further subject to the allocated State Fiscal Year’s (SFY’s) annual limits not to exceed: $254.91 for July 1, 2023, through and including June 30, 2024 $275.31 for July 1, 2024, through and including June 30, 2025 $297.34 for July 1, 2025, through and including June 30, 2026 For future contract periods not covered under this Agreement, the maximum payable amount shall be determined through a new Agreement or an amend- ment to this Agreement.