Maximum Price Payable definition

Maximum Price Payable means the total amount stated (if any) to be payable by the Authority under the Contract;
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Examples of Maximum Price Payable in a sentence

  • A cost breakdown of the Maximum Price Payable shall be submitted by the Supplier and shall be exclusive of VAT.

  • The ascertained costs (Maximum Price Payable) shall be agreed prior to commencement of the Contract.

  • If at any time the Supplier considers that the Contract cannot be completed within the Maximum Price Payable agreed, it shall immediately inform the Authority and provide an explanation of the circumstances.

  • The Supplier will under no circumstances undertake any work exceeding the Maximum Price Payable unless agreed otherwise with Authority.

  • Where the Authority determines that pricing on a Firm Price basis is not appropriate, it may require the Supplier to propose an ascertained cost, with a Maximum Price Payable, using the Firm Price Hourly Rates contained in the pricing matrix.

  • The total amount to be paid by the Authority to the Supplier under the Contract shall not, without the approval in writing of the Authority, exceed the Maximum Price Payable stated in the approved Contract.

Related to Maximum Price Payable

  • Maximum Price means an amount (excluding related brokerage, commission, applicable goods and services tax, stamp duties, clearance fees and other related expenses) which may be paid for an ordinary share purchased or acquired by us pursuant to the mandate contained in paragraph (a) above, not exceeding, in the case of a market purchase of an ordinary share, the highest independent bid or the last independent transaction price, whichever is higher, of our ordinary shares quoted or reported on the NASDAQ Global Select Market or the securities exchange operated by JSE Limited (the “JSE”), as the case may be, or shall not exceed any volume weighted average price, or other price determined under any pricing mechanism, in compliance with the requirements under Rule 10b-18 under the Exchange Act, at the time the purchase is effected; and

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Guaranteed Maximum Price or “GMP” means the amount proposed by Contractor and accepted by Owner as the maximum cost to Owner for construction of the Project in accordance with this Agreement. The GMP includes Contractor’s Construction Phase Fee, the General Conditions Cost, the Cost of the Work, and Contractor’s Contingency amount.

  • Minimum Price shall have the meaning specified in Section 7.1(d).