Allowable definition

Allowable means those costs that are reasonable and allocable, and that conform to any limitations set forth in the approved proposal.
Allowable means the costs are reasonable and allocable, and conform to any limitations set forth in the agreement.
Allowable means the costs are reasonable and allocable, and conform to any limitations set forth in the award.

Examples of Allowable in a sentence

  • Allowable costs are identified in referenced Uniform Guidance and Code of Federal Regulations (CFR).

  • Benefits will not exceed the Maximum Allowable Limits shown below.

  • Our total liability of each Pet for each Policy Year is shown in the Maximum Allowable Limits per Policy year.

  • Our total liability of each Pet for each Policy Year is shown in the Maximum Allowable Limits.

  • For Cancellation Within Allowable Specified Times: The owner shall within 15 business days refund to the buyer all moneys paid pursuant to the contract, and all income accrued on those moneys and any refundable taxes, without penalty or deduction of administration fee or specially ordered goods all as calculated in accordance with the Regulations.


More Definitions of Allowable

Allowable means that a cost meets the criteria (factors affecting allowability of costs) outlined in Uniform Administrative Requirements 2 CFR 200.403 unless otherwise authorized by statute.
Allowable means the costs are reasonable and allocable and conform to any limitations set forth in this Agreement.
Allowable means those costs that are reasonable and allocable, and that conform to any limitations set forth in this grant.
Allowable means those costs that are reasonable and allocable, and that conform to any limitations set forth in the approved CRP proposal. The existing CGIAR Cost Allocation Guidelines (No. 5), which clarify overhead costs that may be considered allowable, apply as part of this Joint Agreement unless and until replaced by the relevant section expected to form part of a chapter of the Common Operational Framework upon approvals by the Fund Council and the Consortium.
Allowable means the calculated amount for payment, after exclusion of any "nonallowed service or charge," based on the applicable payment method before final adjustments, deductions, and add-ons.
Allowable means the amount of oil or gas authorized to be produced by order of the commission.
Allowable means the PRU Deliverability for a New or Existing PRU is allowed to produce and sell on a per day basis.