Common use of Maximum Sum Clause in Contracts

Maximum Sum. The CPCA may vary the Maximum Sum by an amount determined by the CPCA: - 4.6.1 if the Qualifying Expenditure incurred by the Applicant is lower than the Maximum Sum; or 4.6.2 if it appears to the CPCA that the Applicant no longer requires any further Funding for the delivery of the Project.

Maximum Sum. The CPCA may vary the Maximum Sum by an amount determined by the CPCA: - 4.6.1 - if the Qualifying Expenditure incurred by the Applicant is lower than the Maximum Sum; or 4.6.2 or if it appears to the CPCA that the Applicant no longer requires any further Funding for the delivery of the Project.