Eligible expenditure. 5.1 Subject to clause 5.2, Eligible Expenditure consists of payments by the Grant Recipient during the Funding Period for the purposes of delivering the Project. Eligible Expenditure is net of VAT recoverable by the Grant Recipient from HM Revenue & Customs, and gross of irrecoverable VAT.
Appears in 4 contracts
Samples: Funding Agreement, Funding Agreement, Funding Agreement
Eligible expenditure. 5.1 6.1 Subject to clause 5.26.2, Eligible Expenditure consists of payments by the Grant Recipient during the Funding Period for the purposes of delivering the Project. Eligible Expenditure is net of VAT recoverable by the Grant Recipient from HM Revenue & Customs, and gross of irrecoverable VAT.
Appears in 1 contract
Samples: Funding Agreement
