Common use of THE EXPENDITURE PROFILE Clause in Contracts

THE EXPENDITURE PROFILE. 6.1 If in any Financial Year (the “relevant year”) there is a shortfall in the amount of Eligible Expenditure by reference to the amount planned in the Expenditure Profile, the Secretary of State will be under no obligation to pay Grant for any additional Eligible Expenditure in the following year or any later Financial Year.

Appears in 8 contracts

Samples: Funding Agreement, Funding Agreement, assets.publishing.service.gov.uk

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THE EXPENDITURE PROFILE. 6.1 If in any Financial Year (the relevant year”) there is a shortfall in the amount of Eligible Expenditure by reference to the amount planned in the Expenditure Profile, the Secretary of State will be under no obligation to pay Grant for any additional Eligible Expenditure in the following year or any later Financial Year.

Appears in 4 contracts

Samples: assets.publishing.service.gov.uk, assets.publishing.service.gov.uk, assets.publishing.service.gov.uk

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