ELIGIBLE DIRECT COSTS Sample Clauses

ELIGIBLE DIRECT COSTS. The eligible direct costs for the action are those costs which, with due regard for the conditions of eligibility set out above, are identifiable as specific costs directly linked to performance of the action and which can therefore be booked to it directly. This document contains the definitions of a number of cost categories which are eligible, provided that they satisfy the general eligibility criteria set out above. ELIGIBLE INDIRECT COSTS The eligible indirect costs are those costs which, with due regard for the conditions of eligibility described above, are neither identifiable as specific costs directly linked to the project nor can be booked to it directly, but which have nevertheless been incurred in the management of the project. They may not include any eligible direct costs. The indirect costs of the project eligible for EC funding are a flat-rate amount set at a maximum of 7% of the total amount of eligible direct costs. The corresponding costs need not be justified by accounting documents. Indirect costs shall not be eligible under a project grant awarded to a beneficiary organisation which is already receiving an operating grant from the Commission during the period in question. Examples of indirect costs are: • All costs for equipment related to the administration of the project (i.e. PC's, portables, etc.) • Communication costs (postage, fax, telephone, mailing, etc.) • Infrastructure costs (rent, electricity, etc.) of the premises where the project is being carried out • Office supplies • Photocopies The following applies to all partners of a consortium, e.g. the rules on staff costs apply to all partners (including the applicant) of the consortium.
ELIGIBLE DIRECT COSTS. Upon approval by the Department, the following reasonable, allowable, and allocable expenses associated with the Project are eligible for payment from project funds: a) Payroll Costs. Payroll costs are comprised of wages paid to Grantee personnel for time worked directly on the Project, plus payroll taxes, and insurance.
ELIGIBLE DIRECT COSTS. To be eligible, the direct costs of the action must comply with the eligibility conditions set out in Article II. 19.1. In particular, the following categories of costs are eligible direct costs, provided that they satisfy the eligibility conditions set out in Article II. 19.1 as well as the following conditions: a) costs of the administrative and logistical staff; b) costs of use and maintenance of the training infrastructure needed for the implementation of the Basic Training Programme for the Standing Corps Category 1; c) costs related to the specific training equipment [use and maintenance in case of fixed assets] needed for the implementation of the Basic Training Programme for the Standing Corps Category 1; d) costs of consumables, training supplies and training materials, provided that they are identifiable and assigned to the implementation of the Basic Training Programme for the Standing Corps Category 1; e) costs arising directly from the provision of accommodation, full board and logistical support (e.g.: accommodation costs, catering costs, medical support, cleaning and laundry costs, transportation - to the extent that they are relevant to the use of training equipment, organisational support, organization of field visits); f) costs arising directly from requirements linked to the implementation of the Basic Training Programme for the Standing Corps Category 1 (e.g.: dissemination of information, translations, reproduction, publication, training materials). g) costs of travel (field visits, etc.) provided that these costs are in line with the grant beneficiary's usual practices on travel; h) costs related to the organisation of meetings (e.g. catering, rental of equipment); i) costs related to the requirements in case of health emergencies at the training centre.
ELIGIBLE DIRECT COSTS. To be eligible, the direct costs of the action must comply with the eligibility conditions set out in Article II. 19.1. In particular, the following categories of costs are eligible direct costs, provided that they satisfy the eligibility conditions set out in Article II. 19.1 as well as the following conditions: a) costs of the administrative and logistical staff; b) costs related to the training infrastructure (use and maintenance) needed for the implementation of the Basic Training Programme for the Standing Corps Category 1; c) costs related to the specific training equipment [use and maintenance in case of fixed assets] needed for the implementation of the Basic Training Programme for the Standing Corps Category 1; d) costs of consumables and supplies, provided that they are identifiable and assigned to the implementation of the Basic Training Programme for the Standing Corps Category 1; e) costs arising directly from the provision of accommodation, full board and logistical support (e.g.: accommodation costs, catering costs, medical support, cleaning and laundry costs - to the extent that they are relevant to the use of training equipment, organisational support, organization of field visits); f) costs arising directly from requirements linked to the implementation of the Basic Training Programme for the Standing Corps Category 1 (e.g.: dissemination of information, translations, reproduction, publication, training materials). g) costs of travel (field visits, etc.) provided that these costs are in line with the grant beneficiary's usual practices on travel; h) costs related to the organisation of meetings (e.g. catering, equipment rental); i) costs related to the provision of COVID-19 safety measures to protect learners, trainers, and Frontex staff deployed at the training centre.

Related to ELIGIBLE DIRECT COSTS

  • Eligible Expenses Expenses incurred in the treatment of a covered illness or injury which are Medically Necessary and not exceeding the limits in “Schedule B – Membership Fees ”.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Direct Costs The Contractor shall separately identify each item of deleted and added work associated with the change or other condition giving rise to entitlement to an equitable adjustment, including increases or decreases to unchanged work impacted by the change. For each item of work so identified, the Contractor shall propose for itself and, if applicable, its first two tiers of subcontractors, the following direct costs: (1) Material cost broken down by trade, supplier, material description, quantity of material units, and unit cost (including all manufacturing burden associated with material fabrication and cost of delivery to site, unless separately itemized); (2) Labor cost broken down by trade, employer, occupation, quantity of labor hours, and burdened hourly labor rate, together with itemization of applied labor burdens (exclusive of employer’s overhead, profit, and any labor cost burdens carried in employer’s overhead rate); (3) Cost of equipment required to perform the work, identified with material to be placed or operation to be performed; (4) Cost of preparation and/or revision to shop drawings and other submittals with detail set forth in paragraphs (e)(1) and (e)(2) of this clause; (5) Delivery costs, if not included in material unit costs; (6) Time-related costs not separately identified as direct costs, and not included in the Contractor’s or subcontractors’ overhead rates, as specified in paragraph

  • Deferral Account Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • DIRECTORS' FEES Directors' fees and other similar payments derived by a resident of a Contracting State in his capacity as a member of the board of directors of a company which is a resident of the other Contracting State may be taxed in that other State.

  • Annual Discretionary Bonus Effective as of the Effective Date, the Executive will be eligible to earn an annual performance bonus of up to 40% of the Executive’s Base Salary (the “Target Bonus”), based upon the Board’s assessment of the Executive’s performance and the Company’s attainment of targeted goals as set by the Board in its sole discretion. To the extent the Executive’s Base Salary and/or target bonus percentage of Base Salary is changed during the year to which the performance bonus relates, the Target Bonus shall be calculated based on base salary actually paid during such year (and not solely on the Executive’s Base Salary at the end of such year) and shall apply the initial target bonus percentage of Base Salary and the revised target bonus percentage of Base Salary based on the portion of the year during which each was in effect. The Board may determine to provide the bonus in the form of cash, equity award(s), or a combination of cash and equity. Following the close of each calendar year, the Board will determine whether the Executive has earned a performance bonus, and the amount of any performance bonus, based on the set criteria. No amount of the annual bonus is guaranteed, and the Executive must be an employee in good standing on the date of payment in order to be eligible for any annual bonus, except as specifically set forth below. The annual performance bonus, if earned, will be paid by no later than March 15 of the calendar year after the year to which it relates. The Executive’s bonus eligibility will be reviewed on an annual or more frequent basis by the Board and is subject to change in the discretion of the Board.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then (a) Members who are rated at Level II in all phases of the PFT will receive three hundred dollars ($300.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (2) For any calendar year in which fifty percent (50%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then: (a) Members who are rated at Level II in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive nine hundred dollars ($900.00) in a one-time lump sum payment. (3) All lump sum payments referenced herein will be paid in February of the following year.

  • Discretionary Bonuses The Employee shall participate in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that the Board may award from time to time to the Bank’s senior management employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee’s right to participate in such discretionary bonuses.

  • Base Pay You shall be paid an annual salary ("Base Pay") of $224,000, which shall be payable in equal periodic installments according to the Corporation's customary payroll practices, but no less frequently than monthly, and subject to such withholdings and deductions as required by law. Your Base Pay shall be reviewed in April of each year by the Board of Directors, and any change in Base Pay approved by the Board shall become effective April 1 of the year in which it is approved.