Common use of Costs and Payments Clause in Contracts

Costs and Payments. 6.1. It is agreed to and understood by the parties that the University shall be reimbursed for all costs incurred in connection with the Project up to the amount of $30,000 (the "Project Cost") as established by the budget in Exhibit A which is incorporated herein. It is estimated that the amount designated as the Project Cost is sufficient to support Project expenses.

Appears in 1 contract

Samples: Sponsored Research Agreement (Utek Corp)

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Costs and Payments. 6.1. It is agreed to and understood by the parties Parties that the University shall be reimbursed for all costs incurred in connection with the Project up to the amount of $30,000 $ _ _ (the "Project Cost") as established by the budget in Exhibit A B which is incorporated herein. It While it is estimated that the amount designated as the Project Cost is sufficient to support Project expenses, University retains the right to reallocate funding among budget categories for allowable project-related costs in accordance with the budget.

Appears in 1 contract

Samples: Sponsored Basic Research Agreement Cornell University

Costs and Payments. 6.1. It is agreed to and understood by the parties that the University shall be reimbursed for all costs incurred in connection with the Project up to the amount of $30,000 $ 25,480 (the "β€œProject Cost"”) as established by the budget in Exhibit A B which is incorporated herein. It is estimated that the amount designated as the Project Cost is sufficient to support Project expenses.

Appears in 1 contract

Samples: Cornell University (A.C.T. Holdings, Inc.)

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Costs and Payments. 6.1. It is agreed to and understood by the parties Parties that the University shall be reimbursed for all costs incurred in connection with the Project up to the amount of $30,000 $ (the "Project Cost") as established by the budget in Exhibit A B which is incorporated herein. It While it is estimated that the amount designated as the Project Cost is sufficient to support Project expenses, University retains the right to reallocate funding among budget categories for allowable project-related costs in accordance with the budget.

Appears in 1 contract

Samples: Applied Sponsored Research Agreement

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