Common use of Ineligible Costs Clause in Contracts

Ineligible Costs. ‘Ineligible costs’ are: (a) costs that do not comply with the conditions set out above (Article 5.1 to 5.4), in particular: (i) costs related to return on capital; (ii) debt and debt service charges; (iii) provisions for future losses or debts; (iv) interest owed; (v) doubtful debts; (vi) currency exchange losses; (vii) bank costs charged by the partner’s bank for transfers from the (viii) excessive or reckless expenditure; (ix) deductible VAT; (x) costs incurred during suspension of the implementation of the action (see Article 55 FPA); (b) costs declared under another EU or Euratom grant (including grants awarded by a Member State and financed by the EU or Euratom budget and grants awarded by bodies other than the [Commission][Agency] for the purpose of implementing the EU or Euratom budget); in particular, indirect costs if the partner is already receiving an operating grant financed by the EU or Euratom budget in the same period[;][.] (c) OPTION for cost categories explicitly excluded in the work programme: [insert name of excluded cost category]].

Ineligible Costs. ‘Ineligible costs’ are: (a) costs that do not comply with the conditions set out above (Article 5.1 to 5.4), in particular: (i) costs related to return on capital; (ii) debt and debt service charges; (iii) provisions for future losses or debts; (iv) interest owed; (v) doubtful debts; (vi) currency exchange losses; (vii) bank costs charged by the partner’s bank for transfers from the (viii) excessive or reckless expenditure; (ix) deductible VAT; (x) costs incurred during suspension of the implementation of the action (see Article 55 FPA); (b) costs declared under another EU or Euratom grant (including grants awarded by a Member State and financed by the EU or Euratom budget and grants awarded by bodies other than the [Commission][Agency] for the purpose of implementing the EU or Euratom budget); in particular, indirect costs if the partner is already receiving an operating grant financed by the EU or Euratom budget in the same period[;][, unless it can demonstrate that the operating grant does not cover any costs of the action.] (c) OPTION for cost categories explicitly excluded in the work programme: [insert name of excluded cost category]].

Ineligible Costs. ‘Ineligible costs’ are: (a) costs that do not comply with the conditions set out above (Article 5.1 to 5.4), in particular: (i) costs related to return on capital; (ii) debt and debt service charges; (iii) provisions for future losses or debts; (iv) interest owed; (v) doubtful debts; (vi) currency exchange losses; (vii) bank costs charged by the partner’s bank for transfers from the (viii) excessive or reckless expenditure; (ix) deductible VAT; (x) costs incurred during suspension of the implementation of the action (see Article 55 FPA); (b) costs declared under another EU or Euratom grant (including grants awarded by a Member State and financed by the EU or Euratom budget and grants awarded by bodies other than the [Commission][Agency] for the purpose of implementing the EU or Euratom budget); in particular, indirect costs if the partner is already receiving an operating grant financed by the EU or Euratom budget in the same period, unless it can demonstrate that the operating grant does not cover any costs of the action [;][.] (c) OPTION for cost categories explicitly excluded in the work programme: [insert name of excluded cost category]].

Ineligible Costs. ‘Ineligible costs’ are: (a) costs that do not comply with the conditions set out above (Article 5.1 to 5.4), in particular: (i) costs related to return on capital; (ii) debt and debt service charges; (iii) provisions for future losses or debts; (iv) interest owed; (v) doubtful debts; (vi) currency exchange losses; (vii) bank costs charged by the partner’s bank for transfers from the (viii) excessive or reckless expenditure; (ix) deductible VAT; (x) costs incurred during suspension of the implementation of the action (see Article 55 FPA); (b) costs declared under another EU or Euratom grant (including grants awarded by a Member State and financed by the EU or Euratom budget and grants awarded by bodies other than the [Commission][Agency] for the purpose of implementing the EU or Euratom budget); in particular, indirect costs if the partner is already receiving an operating grant financed by the EU or Euratom budget in the same period[;][.] (c) OPTION for cost categories explicitly excluded in the work programme: [insert name of excluded cost category]].

Ineligible Costs. ‘Ineligible costs’ are: (a) costs that do not comply with the conditions set out above (Article 5.1 6.1 to 5.46.4), in particular: (i) costs related to return on capital; (ii) debt and debt service charges; (iii) provisions for future losses or debts; (iv) interest owed; (v) doubtful debts; (vi) currency exchange losses; (vii) bank costs charged by the partnerbeneficiary’s bank for transfers from thethe Commission; (viii) excessive or reckless expenditure; (ix) deductible VAT; (x) costs incurred during suspension of the implementation of the action (see Article 55 FPA49); (b) costs declared under another EU or Euratom grant (including grants awarded by a Member State and financed by the EU or Euratom budget and grants awarded by bodies other than the [Commission][Agency] Commission for the purpose of implementing the EU or Euratom budget); in particular, indirect costs if the partner beneficiary is already receiving an operating grant financed by the EU or Euratom budget in the same period[;][.] (c) OPTION for cost categories explicitly excluded in the work programme: [insert name of excluded cost category]].

Ineligible Costs. ‘Ineligible costs’ are: (a) costs that do not comply with the conditions set out above (Article 5.1 to 5.4), in particular: (i) costs related to return on capital; (ii) debt and debt service charges; (iii) provisions for future losses or debts; (iv) interest owed; (v) doubtful debts; (vi) currency exchange losses; (vii) bank costs charged by the partner’s bank for transfers from thethe Agency; (viii) excessive or reckless expenditure; (ix) deductible VAT; (x) costs incurred during suspension of the implementation of the action (see Article 55 47 FPA); (b) costs declared under another EU or Euratom grant (including grants awarded by a Member State and financed by the EU or Euratom budget and grants awarded by bodies other than the [Commission][Agency] Agency for the purpose of implementing the EU or Euratom budget); in particular, indirect costs if the partner is already receiving an operating grant financed by the EU or Euratom budget in the same period[;][.] (c) OPTION for cost categories explicitly excluded in the work programme: [insert name of excluded cost category]].

Ineligible Costs. ‘Ineligible costs’ are: (a) costs that do not comply with the conditions set out above (Article 5.1 to 5.4), in particular: (i) costs related to return on capital; (ii) debt and debt service charges; (iii) provisions for future losses or debts; (iv) interest owed; (v) doubtful debts; (vi) currency exchange losses; (vii) bank costs charged by the partner’s bank for transfers from thethe Agency; (viii) excessive or reckless expenditure; (ix) deductible VAT; (x) costs incurred during suspension of the implementation of the action (see Article 55 FPA); (b) costs declared under another EU or Euratom grant (including grants awarded by a Member State and financed by the EU or Euratom budget and grants awarded by bodies other than the [Commission][Agency] Agency for the purpose of implementing the EU or Euratom budget); in particular, indirect costs if the partner is already receiving an operating grant financed by the EU or Euratom budget in the same period[;][.] (c) OPTION for cost categories explicitly excluded in the work programme: [insert name of excluded cost category]].