Scope of Ineligible Expenditures Clause Samples

The "Scope of Ineligible Expenditures" clause defines which costs or expenses are not permitted to be covered or reimbursed under an agreement. Typically, this clause lists specific categories of spending—such as entertainment, fines, or personal expenses—that are excluded from allowable project or contract costs. By clearly outlining these exclusions, the clause helps prevent misunderstandings and ensures that only appropriate, agreed-upon expenditures are submitted for payment or reimbursement, thereby protecting the financial interests of the parties involved.
Scope of Ineligible Expenditures. Unless a cost or a loss is considered an Eligible Expenditure pursuant to section C2.1 (Scope of Eligible Expenditures), such cost or loss will be considered an Ineligible Expenditure. Without limitation, the following costs and loss will be considered Ineligible Expenditures:
View SourceView Similar (20)
Scope of Ineligible Expenditures. Without limitation, the following costs will be considered Ineligible Expenditures:
View SourceView Similar (12)
Scope of Ineligible Expenditures. Unless a cost is considered an Eligible Expenditure pursuant to section E.2.3 (Scope of Eligible Expenditures), such cost will be considered an Ineligible Expenditure. Without limitation, the indirect costs listed in section E.3.2 (Indirect Costs), the costs that are over and above the Project scope listed in section E.
View SourceView Similar (9)
Scope of Ineligible Expenditures. Unless a cost is considered an Eligible Expenditure pursuant to section E.1.1 (Scope of Eligible Expenditures), such cost will be considered an Ineligible Expenditure. Without limitation, the indirect costs listed in section E.2.2 (Indirect Costs), the costs listed in section E.2.3 (Costs Over and Above a Project Scope) that are over and above the scope of a Project, and the following costs will be considered Ineligible Expenditures: (a) costs incurred prior to the Federal Approval Date of a Project, except for the costs specified in paragraph E.1.1 (b) and paragraph E.1.1 (c); (b) costs incurred or paid, or both after October 31, 2027, unless otherwise approved pursuant to paragraph E.1.1(f); (c) costs incurred for a cancelled Project; (d) land acquisition costs; (e) leasing costs for land, buildings, and other facilities; (f) leasing costs for equipment other than equipment directly related to the construction of a Project;
View SourceView Similar (7)
Scope of Ineligible Expenditures. Without limiting the discretion of the Province and Canada in section E.1.1, for each Project, the following costs are Ineligible Expenditures and are therefore ineligible to be paid from the Funds: (a) costs incurred prior to the Federal Approval Date of a Project, except for the costs specified in paragraph E.1.1 (b) and paragraph E.1.1 (c); (b) costs incurred after December 31, 2021, or December 31, 2022 for remote communities; (c) all expenditures related to Contracts signed prior to the Federal Approval Date;
View SourceView Similar (3)
Scope of Ineligible Expenditures. Unless a cost is considered an Eligible Expenditure pursuant to Article D2.0 (Eligible Expenditures), in the opinion and at the sole discretion of the Province, such cost will be considered an Ineligible Expenditure. Without limitation, the following costs will be considered Ineligible Expenditures: (a) Cash prizes or direct subsidies to individuals that are not related to community transportation services; (b) Food and beverages; (c) Refundable goods and services tax, pursuant to the Excise Tax Act, R.S.C. 1985, c. E. 15, or other refundable expenses; (d) Deficit reduction; (e) Costs funded or reimbursed by an entity other than the Province under the Agreement; (f) Costs for which the Recipient has received, will receive, or is eligible to receive a rebate, credit or refund; (g) Amortization or depreciation expenses associated with capital assets acquired with Funds; (h) Salary, benefits, and costs of staff/consultants hired/retained by the Recipient who, in addition to work/services for the Project, carry out work/services for the Recipient other than for the Project; and (i) Any other costs, as determined by the Province from time to time and at its sole discretion.
View SourceView Similar (2)

Related to Scope of Ineligible Expenditures

  • Eligible Expenditures 1. Subject to Article 8.7 of the Regulation, eligible expenditures of this Programme are: (a) management costs of the Programme Operator in accordance with the detailed budget in the financial plan; (b) payments to projects within this Programme in accordance with the Regulation, this programme agreement and the project contract. 2. Eligible expenditures of projects are those actually incurred by the Project Promoter or project partners, meet the criteria set in Article

  • Eligible expenditure 6.1 Eligible expenditure consists of payments by the Recipient for the Purpose. Eligible expenditure is net of VAT recoverable by the Recipient from HM Revenue & Customs and gross of irrecoverable VAT. 6.2 The Recipient shall account for the Grant on an accruals basis. This requires the cost of goods or services to be recognised when the goods or services are received, rather than when they are paid for.

  • ▇▇▇▇▇▇’S EXPENDITURES If any action or proceeding is commenced that would materially affect ▇▇▇▇▇▇’s interest in the Collateral or if Borrower fails to comply with any provision of this Agreement or any Related Documents, including but not limited to Borrower’s failure to discharge or pay when due any amounts Borrower is required to discharge or pay under this Agreement or any Related Documents, Lender on Borrower’s behalf may (but shall not be obligated to) take any action that Lender deems appropriate, including but not limited to discharging or paying all taxes, liens, security interests, encumbrances and other claims, at any time levied or placed on any Collateral and paying all costs for insuring, maintaining and preserving any Collateral. All such expenditures incurred or paid by Lender for such purposes will then bear interest at the rate charged under the Note from the date incurred or paid by Lender to the date of repayment by ▇▇▇▇▇▇▇▇. All such expenses will become a part of the Indebtedness and, at Lender’s option, will (A) be payable on demand; (B) be added to the balance of the Note and be apportioned among and be payable with any installment payments to become due during either (1) the term of any applicable insurance policy; or (2) the remaining term of the Note; or (C) be treated as a balloon payment which will be due and payable at the Note’s maturity.

  • Capital Expenditures The Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

  • Expenditures The Assuming Institution will pay such bills and invoices on behalf of the Receiver and the Corporation as the Receiver or the Corporation may direct for the period beginning on the date of the Bank Closing Date and ending on Settlement Date. The Assuming Institution shall submit its requests for reimbursement of such expenditures pursuant to Article VIII of this Agreement.