Computers and Office Furniture. (a) The cost of acquiring laptop and office computers, servers, office furniture, etc., purchased for use in the Recipient's international offices to facilitate the Work funded by FII, is an Eligible Cost. (b) The Recipient may claim a depreciation rate of 45% of the respective equipment's residual value as an Eligible Cost on a yearly basis.
Appears in 4 contracts
Samples: Recipient Agreement, Recipient Agreement, Recipient Agreement
