Costs Allowable. All of Seller's costs (both Direct Costs and/or Indirect Costs) that have been, prior to the date hereof, charged to any Government Contract are allowable in accordance with applicable cost accounting standards (except for costs properly charged to a reserve account appearing on Seller's balance sheet as of the close of March 31, 2016).
Appears in 1 contract
Samples: Accounts Receivable Purchase Agreement (Telos Corp)
Costs Allowable. All of Seller's ’s costs (both Direct Costs and/or Indirect Costs) that have been, prior to the date hereof, charged to any Government Contract are allowable in accordance with applicable cost accounting standards (except for costs properly charged to a reserve account appearing on Seller's ’s balance sheet as of the close of March 31September 30, 20162008).
Appears in 1 contract
Samples: Accounts Receivable Purchase Agreement (Lattice INC)
Costs Allowable. All of Seller's ’s costs (both Direct Costs and/or Indirect Costs) that have been, prior to the date hereof, charged to any Government Contract are allowable in accordance with applicable cost accounting standards and cost principles (except for costs properly charged to a reserve account appearing on Seller's ’s balance sheet as of the close of March 31, 20162009).
Appears in 1 contract
Samples: Accounts Receivable Purchase Agreement (American Defense Systems Inc)
Costs Allowable. All of Seller's ’s costs (both Direct Costs and/or Indirect Costs) that have been, prior to the date hereof, charged to any Government Contract are allowable in accordance with applicable cost accounting standards (except for costs properly charged to a reserve account appearing on Seller's ’s balance sheet as of the close of March 31September 30, 20162015).
Appears in 1 contract
Samples: Accounts Receivable Purchase Agreement (Implant Sciences Corp)
