Examples of Line Item in a sentence
The allowable administrative expense is authorized to be 3% of the total allowable building costs (Line Item No. 4).
In no event may the Contingency Line Item of the Building Loan Budget be reallocated to any Line Item in the Project Loan Budget.
Lender shall have no obligation to make any further Advances of proceeds of the Loan as to any Line Item until the sums required to be deposited pursuant to clause (i) above as to such Line Item have been exhausted, or until Borrower has posted an irrevocable standby Letter of Credit pursuant to clause (iii) above, as the case may be, and, in any such case, the Loan is back “in balance”.
FAR Clause 52.217-7, Option for Increased Quantity - Separately Priced Line Item (March 1989).
The Budget shall contain a Budget Line Item designated for the Contingency Fund.