Common use of RATES OF REIMBURSEMENT Clause in Contracts

RATES OF REIMBURSEMENT. 1. For the Services rendered to the satisfaction of BCOE, and upon BCOE approval of invoices submitted by SUB-CONTRACTOR in accordance with the provisions of the Contract, BCOE agrees to reimburse SUB-CONTRACTOR on a monthly basis, in arrears, for actual allowable costs incurred, as specified in Exhibit B.

RATES OF REIMBURSEMENT. 1. For the Services rendered to the satisfaction of BCOE, and upon BCOE approval of invoices submitted by SUB-CONTRACTOR in accordance with the provisions of the Contract, BCOE agrees to reimburse SUB-CONTRACTOR on a monthly basis, in arrears, for actual allowable costs incurred, as specified in Exhibit B.C.