Common use of Rules of Direct/Indirect Costs Clause in Contracts

Rules of Direct/Indirect Costs. The Research Institutes recognizes that the Research Funds are financed from National Treasury in Japan and that spending thereof may be the subject of scrutiny of the Japanese government. The Research Institute agrees to fully comply with the categorization and rules concerning Direct Costs and Indirect Costs described in Appendix 5 and to utilize the Research Funds paying particular attention to cost economy, efficiency, effectivity, compliancy, legitimacy, and accuracy.

Rules of Direct/Indirect Costs. The Research Institutes recognizes that As the Research Funds are financed from National Treasury in Japan and that spending thereof may be Japan, the subject of scrutiny of the Japanese government. The Research Institute agrees to shall fully comply with understand the categorization and rules concerning Direct Costs and of Direct/Indirect Costs described in Appendix 5 and to utilize the Research Funds paying particular attention to with the special heed of cost economy, efficiency, effectivity, compliancy, legitimacy, and accuracy.