Examples of Actual Spend in a sentence
Actual Spend the aggregate amount of Charges incurred and payable by Customer during the Minimum Term solely for the Service to which the Target Spend applies and excluding fees for Equipment (whether paid for by use of Subsidy or not) and less any credits or rebates applied to the account.
If the Client and Client Entities do not achieve the Watch Volume Commitment in any Contract Year, the Client shall pay to Thomson CompuMark the difference between the Actual Spend and the Watch Volume Commitment applicable to that Contract Year (“Adjustment”) within thirty (30) days of the date of Thomson CompuMark's invoice.
If the Client and Client Entities do not achieve the Watch Volume Commitment in any Contract Year, the Client shall pay to Clarivate the difference between the Actual Spend and the Watch Volume Commitment applicable to that Contract Year (“Adjustment”) within thirty (30) days of the date of Clarivate's invoice.
If the amount of the Actual Spend paid to Thomson CompuMark up to the termination date for that part of the Contract Year is less than the Proportional Volume Commitment, the difference between those amounts shall become due and payable as the Adjustment applicable to that Contract Year in accordance with this Agreement and no further Volume Commitment shall be payable.
If the amount of the Actual Spend paid to Clarivate up to the termination date for that part of the Contract Year is less than the Proportional Volume Commitment, the difference between those amounts shall become due and payable as the Adjustment applicable to that Contract Year in accordance with this Agreement and no further Volume Commitment shall be payable.
Recovery Charge – Where a Target Spend is specified in the Commercial Terms the recovery charge shall be calculated as the greater of: (a) Target Spend ÷ Minimum Term (in months) x number of months left in Minimum Term from date of termination; or (b) Target Spend – Actual Spend.
The Reward and Recognition budget for the Town is provided below: Chief Financial OfficerBudget : $5900.00YTD Actual Spend: $2790.67 Chief Operations Officer Budget: $5410.00YTD Actual Spend: $2436.96 Chief Executive Officer Budget: $5196.00YTD Actual Spend: $1825.04 Chief Community Planner Budget: $5000.00 YTD Actual Spend $2249.30 People & Culture Budget: $5411.00YTD Actual Spend: $4422.58 Total = Budget: $26,917.00Total = YTD Actual Spend: $13724.
Actual Spend – for applicable Agreements specifying a Target Spend, the aggregate amount of Charges incurred and paid by you during the Minimum Term for the Service which the Target Spend relates, but excluding Equipment Charges.
Contract History - Contract Value Annual Contract Value (2013/14) £113,750 Re-commissioned Annual Contract Value (2014/15) £53,930 Re-commissioned Annual Contract Value (2015/16) £53,930 Contract extension no additional funding allocated (2016/17) £0 Whole Life Contract Value £107,860 - Actual Spend (2015/16) £35,802.
Table 11.5: Local Expenditure Total Actual Spend to Date % Target of Local ExpenditureIn total, the first phase of the project (October 2014 to March 2016) has contributed R362 million directly into the local economies of Nelspruit and Kimberley through spending on local labour, sub-contractors and suppliers.