Actually incurred definition

Actually incurred means, in the case of corrective action expenditures, the owner, operator, landowner, an insurer, or a contractor hired by the owner, operator, or the landlord has expended time and materials, and only that person is receiving reimbursement from the fund.
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Actually incurred means, in the case of corrective action expenditures, the owner,
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Actually incurred means an Indemnified Party actually realizes a Tax Cost reported on a filed Tax Return (in or with respect to a taxable year that ends on or before December 31, 2021) in connection with the receipt of (or entitlement to) an Indemnity Payment determined using a “with and without” methodology (treating any receipt of (or entitlement to) such Indemnity Payment as the last items claimed for any taxable year, including after the utilization of any available net operating loss carryovers). For the avoidance of doubt, for purposes of determining the amount “actually recovered” (for purposes of Tax Benefits) or “actually incurred” (for purposes of Tax Costs), a netting approach shall be taken for determining any increase or decrease, as the case may be, of taxable income or loss, net operating losses, deductions or other Tax attributes.
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Examples of Actually incurred in a sentence

  • Actually incurred expendituresExpenditures incurred during the performance of the project, for them to be deemed eligible, should have a monetary form.

  • Actually incurred costs, fee for actually rendered Services, additional costs, forfeit and other sanctions stipulated in the Contract shall be deducted from the refunded amounts.

  • Actually incurred requires an “undertaking of an obligation to pay” or the “actual incurring of a liability”.

  • Actual costs - Actually incurred personnel costsA.1 Employees (or equivalent) A.2 Natural persons under direct contractA.3 Seconded persons[A.6 Personnel for providing access to research infrastructure]A.1 This budget category covers the costs of personnel working for the beneficiary under an employment contract (or equivalent appointing act) and assigned to the action.

  • Actually incurred expenditure is an expenditure incurred in cash terms, i.e. disbursements of monetary funds from cash register or bank account of the Beneficiary of the project.

  • Actually incurred expendituresFor the expenditures incurred during the implementation of the project to be regarded as eligible expenditure, they should be in cash.

  • Eligible costs In order to be eligible, actual costs must be: • Actually incurred by the beneficiary, i.e.: Real and not estimated, budgeted or imputed and; Definitively and genuinely borne by the beneficiary (not by any other entity) • Entered as eligible costs in the request form.

  • Actually incurred packaging, shipping and transport costs of the delivery shall be invoiced separately to and be payable by the Customer.

  • They respond to long term changes, and they often characterize changes at a global scale, e.g. high-seas fisheries impact global populations of many species, but first indications are observed in populations of seabirds and mammals.• Note that measurements at higher trophic levels may help to detect change, but notnecessarily to understand change (especially if the causal mechanisms are bottom up).

  • Actually incurred Add: Deferred Acquisition Costs current year Less: DeferredAcquisition Costs previous year(8,500) 2,125(8,500) Net claims actually paid(12,000)(12,000)(12,000)Claims actually paid section 11(a).


More Definitions of Actually incurred

Actually incurred means in the case of corrective action expenditures, that the owner, the operator, an insurer of the owner or operator, or a contractor hired by the owner, operator, or insurer has made a payment or that a contractor has expended time and materials.
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Actually incurred means in the case of corrective action expenditures, that the owner, the operator, the landowner, an insurer of the owner or operator, or a contractor hired by the owner, operator, or insurer has made a payment or that a contractor the landlord has expended time and materials and that only that person is receiving reimbursement from the fund.
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Actually incurred means, in the case of corrective action expenditures, that the owner, the operator, the landowner, an insurer, or a contractor hired by the owner, operator, or the landlord has expended time and materials and that only that person is receiving reimbursement from the fund. 2. "Administrator" means the manager of the state fire and tornado fund.
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Actually incurred means, in the case of corrective action expenditures, that the
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Actually incurred when used in connection with an Indemnity Loss, ------------------- means that such loss shall be deemed to be "actually incurred" when determined by the Buyer. The Buyer will in form the Seller in writing of such indemnity loss within one week of the Buyers determination.
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Actually incurred means the fund, i.e. the equity and/or the debt, actually deployed and paid in cash or cash equivalent, for creation or acquisition of the useful asset(s);
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Related to Actually incurred

  • Incurred means that a covered expense is Incurred on the date the service is rendered or the supply is obtained. With respect to a course of treatment or procedure which includes several steps or phases of treatment, covered expenses are Incurred for the various steps or phases as the services related to each step are rendered and not when services relating to the initial step or phase are rendered. More specifically, covered expenses for the entire procedure or course of treatment are not Incurred upon commencement of the first stage of the procedure or course of treatment.

  • Class Expenses means expenses incurred by a particular Class in connection with a shareholder services arrangement or a distribution plan that is specific to such Class or any other differing share of expenses or differing fees, in each case pursuant to a plan adopted by the Trust pursuant to Rule 18f-3 under the 1940 Act, as such plan or Rule may be amended from time to time;

  • Company Expenses has the meaning set forth in Section 11.3(a)(v).

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Liquidation Expenses With respect to a Mortgage Loan in liquidation, unreimbursed expenses paid or incurred by or for the account of the Master Servicer or the related Servicers, such expenses including (a) property protection expenses, (b) property sales expenses, (c) foreclosure and sale costs, including court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably paid or incurred in connection with liquidation.

  • Interest Expenses means, with respect to any Person for any period, the sum, determined on a consolidated basis in accordance with GAAP, of all interest accruing on the Indebtedness of such Person during such period (including interest attributable to Capital Leases).

  • O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.

  • qualifying expenditure means, in respect of any Accounting Year or Accounting Half- Year, the aggregate of the costs, expenses and fees described in paragraph 1 of Annex 2 which are incurred during that Accounting Year or Accounting Half-Year, calculated in accordance with paragraphs 2 and 3 of Annex 2;

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Basic living expenses means the cost of basic food, shelter, and any other expenses of a Domestic Partner which are paid at least in part by a program or benefit for which the partner qualified because of the Domestic Partnership. The individuals need not contribute equally or jointly to the cost of these expenses as long as they agree that both are responsible for the cost.

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Avoided costs means the incremental costs to an electric utility of electric energy or capacity or both which, but for the purchase from the qualifying facility or qualifying facilities, such utility would generate itself or purchase from another source.