Eligibility of expenses Sample Clauses

Eligibility of expenses. 1. Unless otherwise agreed by the Parties, the Detailed Eligibility Provisions – Expenditures dated 24 May 2006 shall be applicable to the implementation of the Project. 2. Expenditures incurred before 21 June 2007 are not eligible. 3. Expenditures incurred after 30 April 2011 are not eligible.
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Eligibility of expenses. 5.1. Eligible and non-eligible expenses of the implementation the COST Action are those identified in the 5.2.Annotated Rules for COST Actions (level C). Non-eligible expenses specific under the present Agreement are as follows: ■ Identifiable indirect and direct taxes and duties, including Value Added Tax (V.A.T.). V.A.T. is not a fee and is a non-eligible expense under the COST Grant System, irrespective of whether the Xxxxx Xxxxxx institution is subject to pay V.A.T. or not. V.A.T. cannot be claimed or be reimbursed and shall be paid using sources other than COST funds. ■ Taxes applicable according to national law on the reimbursement of flat rates or grants should not be applicable taking into consideration the nature of COST funds. COST is exclusively funded by European public funding, and as such, funds granted to Action participants are not taxable. In any case, those taxes are not eligible and cannot be deducted from any amount paid to the Action participants. ■ The COST Association will not bear the cost of any fiscal adjustment applied to the Xxxxx Xxxxxx as a result of payments made under this Agreement. ■ Provisions for possible future losses or charges and for doubtful debt ■ Expenses related to interests or duties ■ Exchange rate losses and expenses related to a return on capital ■ Expenses linked to activities that do not have a clear and recognisable association with COST activities, as well as expenses incurred or reimbursed from other sources in respect of other projects. ■ Bank and / or currency related charges linked to receiving Grant payments are to be borne by the Xxxxx Xxxxxx. 5.3. Any expenses linked to any activity carried out without the approval of the COST Action MC or the Core Group following its Delegation of Powers as per Article 3.6 of the Annotated Rules for COST Actions, or outside the Grant Period mentioned in Article 3.1 are not eligible for reimbursement.
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Eligibility of expenses. 6.1. Eligible and non-eligible expenses of the COST Action are those identified in the COST Vademecum (Annex B). 6.2. As COST Action Grants are financed from EU public funds, payments made under this Agreement cannot be subject to taxes, in particular Value Added Tax (V.A.T.). The COST Association will not bear the cost of any fiscal adjustment applied to the Xxxxx Xxxxxx as a result of payments made under this Agreement. 6.3. Any expenses linked to any activity carried out outside the Grant period mentioned in Article 3.1 are not eligible for reimbursement.
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Eligibility of expenses. The cost eligibility period for the Project starts on 2019-01-01 and ends on 31 December 2023.
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Eligibility of expenses. 1. The eligibility period for the expenses within the Project begins on 1st January 2018 and it finishes on the date of the final payment request, i.e. 31st December 2011. 2. The expenditures shall be settled in a form, as follows: 1) Refund of the actually incurred expenses in relation to the category of direct expenses; 2) The flat rate in relation to the category of indirect expenses - Subject to the support intensity. 3. The date of incurring the first legally binding undertaking to order equipment, or another undertaking that makes Project implementation irreversible 12 , whichever of these two events occurs first, shall be considered the Project commencement date. No preparatory activities, and in particular feasibility studies, advisory services related to Project preparation, including preparatory (technical, financial or economic) analyses, or the preparation of documentation related to the contractor's selection, shall be treated as the commencement of the works, unless their costs are covered by the state aid. 4. The financial settlement of the final payment request, understood as follows, shall be considered the Project completion: 1) The date of crediting the Beneficiary's bank account13 (in the case where the Beneficiary is bound to receive funds as part of settlement of the final payment request), or 2) The date of accepting the final payment request - in the other cases. 5. The Project completion date shall be the date from which the Project durability period, as referred to in Article 10, shall be calculated.
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Eligibility of expenses. 1. Unless otherwise agreed by the Parties, the General Principles of the Eligibility of Expenditures under Chapter 7 of the Regulation on the Implementation of the EEA Financial Mechanism 2009-2014 shall be applicable to the implementation of the Project, with the exception of the cost of equipment, where Article 7.3.(c) of the Regulation will not apply. In this instance, by way of an exception, the entire purchase price of new equipment will be eligible if the equipment is an integral and necessary component for achieving the outcome of the Project. 2. Expenditures incurred before the 15th of January 2013 are not eligible. 3. Expenditures incurred after the 30th of April 2016 are not eligible. 4. According to Article 7.2.2. of the Regulation on the Implementation of the EEA Financial Mechanism, eligible expenditures of Projects are those actually incurred by the Project Promoter, which meet the following criteria: (a) they are incurred between the first and final dates of eligibility of the Project, as specified in the Project Contract; (b) they are connected with the subject of the Project Contract and they are indicated in the estimated overall budget of the Project; (c) they are proportionate and necessary for the implementation of the Project; (d) they are used for the sole purpose of achieving the objective of the Project and its expected outcomes, in a manner consistent with the principles of economy, efficiency and effectiveness; (e) they are identifiable and verifiable, in particular through being recorded in the accounting records of the Project Promoter and determined according to the applicable accounting standards of the country where the Project Promoter is established and according to generally accepted accounting principles; and, (f) they comply with the requirements of applicable tax and social legislation. 5. According to Article 7.2.3 of the Regulation on the Implementation of the EEA Financial Mechanism 2009-2014, “costs are considered to be incurred within the dates of eligibility when the costs have been invoiced, paid and the subject matter delivered (in the case of goods) or performed (in the case of services and works)”.
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Eligibility of expenses. Eligible and non-eligible expenses of the implementation the COST Action are those identified in the Annotated Rules for COST Action (level C). Eligible expenses of the implementation the Task are those identified in the Annotated Rules for COST Action (level C) – its Annex 1, section A1-3.2, pg. 91 – 94. Non-eligible expenses specific for the Action under the present GA are those mentioned in the GA Article 5. VAT is always a non-eligible expense.
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Related to Eligibility of expenses

  • Payment of Expenses (a) Whether or not the transactions contemplated by this Agreement are consummated or this Agreement is terminated, the Operating Partnership and each of the Guarantors jointly and severally agree to pay or cause to be paid all costs and expenses incident to the performance of their respective obligations hereunder, including without limitation, (i) the costs incident to the authorization, issuance, sale, preparation and delivery of the Securities and any taxes payable in that connection; (ii) the costs incident to the preparation, printing and filing under the Securities Act of the Registration Statement, the Preliminary Prospectus, any Issuer Free Writing Prospectus, any Time of Sale Information and the Prospectus (including all exhibits, amendments and supplements thereto) and the distribution thereof; (iii) the costs of reproducing and distributing each of the Transaction Documents; (iv) the fees and expenses of the Guarantors’ and the Operating Partnership’s counsel, local counsel and independent accountants; (v) the fees and expenses incurred in connection with the registration or qualification and determination of eligibility for investment of the Securities under the laws of such jurisdictions as the Representatives may designate and the preparation, printing and distribution of a Blue Sky Memorandum (including the related fees and expenses of counsel for the Underwriters); (vi) any fees charged by rating agencies for rating the Securities; (vii) the fees and expenses of the Trustee and any paying agent (including related fees and expenses of any counsel to such parties); (viii) all expenses and application fees incurred in connection with any filing with, and clearance of the offering by, the Financial Industry Regulatory Authority, and the approval of the Securities for book-entry transfer by DTC; and (ix) all expenses incurred by the Operating Partnership in connection with any “road show” presentation to potential investors; provided that, except as contemplated by Sections 7, 9 and 11 hereof, the Underwriters shall pay their own costs and expenses, including the costs and expenses of its counsel, travel, lodging and other expenses incurred by any Underwriters’ personnel involved in the road show. (b) If (i) this Agreement is terminated pursuant to Section 9, (ii) the Operating Partnership for any reason fails to tender the Securities for delivery to the Underwriters or (iii) the Underwriters decline to purchase the Securities for any reason permitted under this Agreement, the Operating Partnership and each of the Guarantors jointly and severally agree to reimburse the Underwriters for all out-of-pocket costs and expenses (including the fees and expenses of their counsel) reasonably incurred by the Underwriters in connection with this Agreement and the offering contemplated hereby.

  • Allocation of Expenses The provisions of this Section shall not affect any agreement that the Company and the Selling Shareholders may make for the sharing of such costs and expenses.

  • Advance Payment of Expenses To the fullest extent permitted by the DGCL, expenses (including attorneys’ fees) incurred by Indemnitee in appearing at, participating in or defending any action, suit or proceeding or in connection with an enforcement action as contemplated by Section 3(e), shall be paid by the Company in advance of the final disposition of such action, suit or proceeding within 30 days after receipt by the Company of a statement or statements from Indemnitee requesting such advance or advances from time to time. The Indemnitee hereby undertakes to repay any amounts advanced (without interest) to the extent that it is ultimately determined that Indemnitee is not entitled under this Agreement to be indemnified by the Company in respect thereof. No other form of undertaking shall be required of Indemnitee other than the execution of this Agreement. This Section 2 shall be subject to Section 3(b) and shall not apply to any claim made by Indemnitee for which indemnity is excluded pursuant to Section 6.

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