Common use of Eligible Material Expenses Clause in Contracts

Eligible Material Expenses. Eligible Material Expenses are expenses for materials, equipment, software and supplies purchased or leased by the Recipient or its contractors, subcontractors and professionals (and payable by the Recipient under contract) for the sole purpose of completion of the Study, provided that the expenses are supported by an invoice from the material supplier and Proof of Payment; and the materials, equipment or supplies were procured in accordance with Section 2.3 [fair value principles].

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

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Eligible Material Expenses. Eligible Material Expenses are expenses for materials, equipment, software and supplies purchased or leased by the Recipient or its contractors, subcontractors and professionals (and payable by the Recipient under contract) for the sole purpose of completion of the StudyProject, provided that the expenses are supported by an invoice from the material supplier and Proof of Payment; and the materials, equipment or supplies were procured in accordance with Section 2.3 [fair value principles].section 4.1

Appears in 2 contracts

Samples: Innovation Accelerator Funding Agreement, Emissions Performance Funding Agreement

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Eligible Material Expenses. Eligible Material Expenses are expenses for materials, equipment, software and supplies purchased or leased by the Recipient or its contractors, subcontractors and professionals (and payable by the Recipient under contract) for the sole purpose of completion of the Study, provided that that (a) the expenses are supported by an invoice from the material supplier and Proof of Payment; and and (a) the materials, equipment or supplies were procured in accordance with Section 2.3 [fair value principles].

Appears in 1 contract

Samples: Funding Agreement

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