Maximum Amount Payable definition

Maximum Amount Payable means the amount stated in the Schedule of Benefits for all Eligible Expenses incurred for all accidents and illnesses combined. All coverage under the Plan will terminate as to a Covered Person on the date the Lifetime Maximum Amount is paid or becomes payable.
Maximum Amount Payable is the amount designated in Section 1.3.1.
Maximum Amount Payable. $_______________________

Examples of Maximum Amount Payable in a sentence

  • Maximum Amount Payable: The Maximum Amount Payable by the AGENCY to the CONSULTANT under this AGREEMENT shall not exceed the amount shown in the heading of this AGREEMENT on page one (1.) The Maximum Amount Payable does not include payment for extra work as stipulated in section XIII, “Extra Work.” No minimum amount payable is guaranteed under this AGREEMENT.

  • The University shall be obligated to pay the Maximum Amount Payable only to the extent due to the Contractor under this Section IV.

  • The parties acknowledge that additional funds may be necessary to compensate the Contractor for Additional Services and, in such event, the Maximum Amount Payable will be increased accordingly by amendment to this Agreement.

  • The Maximum Amount Payable by the AGENCY to the CONSULTANT under this AGREEMENT shall not exceed the amount shown in the heading of this AGREEMENT on page one (1.) The Maximum Amount Payable does not include payment for extra work as stipulated in section XIII, “Extra Work.” No minimum amount payable is guaranteed under this AGREEMENT.

  • Actual costs to be reimbursed shall be determined by audit of such costs to the date established by the Contract Administrator in the termination notice, except that actual costs to be reimbursed shall not exceed the Maximum Amount Payable.

  • The Maximum Amount Payable for all services required, pursuant to this Contract, shall be the total of all Work Authorizations listed on the attached Appendix “B”, entitled SUMMARY OF PAYMENTS.

  • The Ministry must pay the Funding (up to the "Total Maximum Amount Payable" specified in the Key Details) to the Recipient, subject to the terms of this Agreement.

  • Estimated Actual Costs $ [Insert Costs] Fixed Fee (Prime Only) $ [Insert Fee] Contingency (Prime Only) $ [Insert Contingency] Maximum Amount Payable $ [Insert Amount] If at any time during the work the Consultant determines that its actual costs will exceed the estimated actual costs, thus necessitating the use of a contingency amount, it will promptly so notify the Engineer in writing and describe what costs are causing the overrun and the reason.

  • Maximum Amount Payable for all Services required pursuant to the Contract shall be the total of all Projects listed on the attached Appendix.

  • The Recipient is not required to refund, under this clause 2.6, any amount that exceeds the Total Maximum Amount Payable.


More Definitions of Maximum Amount Payable

Maximum Amount Payable means the maximum amount payable to the Settlement Class for all costs and payments associated with the settlement is $700,000.
Maximum Amount Payable means with respect to (i) the holders of Company Series A Preferred, in respect of the aggregate amount of all Additional Payments assessed, $2,125,000 and (ii) the holders of Company Common Stock, in respect of the aggregate amount of all Additional Payments assessed, $1,400,000.
Maximum Amount Payable means the amount stated in item 12 of the Schedule, being the maximum amount that can be paid by the Principal to the Consultant for the Services. This amount is a cap and the Consultant is not automatically entitled to be paid it.
Maximum Amount Payable means the amount stated in the Schedule of Benefits for all
Maximum Amount Payable shall have the meaning set forth on the “Standard Agreementsignature page to which this Agreement is attached.
Maximum Amount Payable means the maximum amount payable to the Settlement Class for Economic Losses, which is $1,800,000.

Related to Maximum Amount Payable

  • Amount Payable means any principal amount advanced and any other amount payable hereunder or under any of the Facility Documents;

  • Maximum Amount means the Maximum Amount as specified in § 1 of the Product and Underlying Data.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • 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).

  • Maximum Revolving Advance Amount means $25,000,000.