PASS THROUGH COSTS REIMBURSEMENT Sample Clauses

PASS THROUGH COSTS REIMBURSEMENT. 11 The interest reimbursement provided for in Section 7.09 will be made monthly in 12 accordance with the debt service schedule provided by Contractor until the principal 13 amount of the loan(s) approved by the Authority is paid. The interest rate on capital 14 equipment will be adjusted as part of the compensation adjustment process for Rate 15 Year One only, based on a market based on the change in the interest rate on United 16 States Treasury 10-year notes between March 2008 (3.5%) and July 2010, based on 17 official United States Treasury data." If Contractor incurs other costs which are 18 reimbursable under Section 7.09, it shall include these costs, together with information 19 sufficient to substantiate the amount and purpose of each expense, in the monthly 20 statement required by Section 8.07 due the month immediately following the month in 21 which the cost was incurred. The Authority will pay the cost reimbursements due 22 concurrently with payment of the Basic Compensation due under Section 8.01.
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Related to PASS THROUGH COSTS REIMBURSEMENT

  • Cost Reimbursement This payment method is based on an approved budget and submission of a request for reimbursement of expenses Xxxxxxx has incurred at the time of the request;

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Mileage Reimbursement A. Subject to the current Vehicle Rules and Regulations established by the Board, an employee who is authorized to use a private automobile in the performance of duties shall be reimbursed for each mile driven in the performance of his or her duties during each monthly period as follows:

  • Training Costs All costs and expenses incurred by the Contractor in training as is required under Article 22 of the Contract.

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