Allowable Costs of the Project definition

Allowable Costs of the Project means Grantee’s actual costs that are reasonable, necessary and directly related to the implementation of the SIA Plan and are allowable uses of the Grant Funds under the Act.
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Allowable Costs of the Project means Grantee’s actual costs that are reasonable, necessary and directly related to the implementation of the Integrated Plan and are allowable uses of the Grant Funds under the Act.
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Examples of Allowable Costs of the Project in a sentence

  • Agency will disburse Grant Funds for Allowable Costs of the Project that implement Grantee’s SIA Plan during the Performance Period in accordance with formula and activities described in the Act.At the start of the 2020-2021 School Year, Grantee must begin to implement its SIA Plans.

  • The Treasurer has, in the Supplement, authorized and directed the Trustee to disburse the moneys in the Project Fund for Allowable Costs of the Project.

  • The Grant Funds are for the Project and shall only be used to pay for Allowable Costs of the Project.

  • The Director does not make any warranty, either express or implied, that the moneys which will be paid into the Project Fund and which under the provisions of this Lease will be available for payment of the Allowable Costs of the Project will be sufficient to pay all the costs which will be incurred in that connection.

  • Any amount remaining in the Project Fund on the Completion Date, except for amounts which the Authorized Company Representative certifies to the Trustee as being required to pay Allowable Costs of the Project not then due and payable, shall be transferred by the Trustee to the Collateral Proceeds Account.

  • In order to provide funds for payment of a portion of the Allowable Costs of the Project, the Director, on the Closing Date, shall cause to be deposited to the Issuance Expense Account the sum of $225,262.00 and to the Primary Reserve Account $750,000, each of which shall be from proceeds of the Bonds, and to the Project Fund, the balance of such Bond proceeds and any premium.

  • Integrated Plan Implementation Agency will disburse Grant Funds for Allowable Costs of the Project that implement Grantee's Integrated Plan during the Performance Period in accordance with formula and activities described in the Act.

  • The Parish shall bear one-third (1/3) of all Allowable Costs of the Project an amount which shall not exceed $16,666,666.00.

  • The Director does not make any warranty, either express or implied, that the moneys which will be paid into the Project Fund which under the provisions of this Loan Agreement will be available for payment of the Allowable Costs of the Project will be sufficient to pay the portion of the Allowable Costs contemplated to be paid therefrom.

  • The Director hereby lends to the Company the moneys transferred from the Facilities Establishment Fund to the Project Fund pursuant to the Supplement as the State Assistance for the purposes of financing a portion of the Allowable Costs of the Project.

Related to Allowable Costs of the Project

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Allocable Costs means costs allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable relationship. Costs allocable to a specific Program may not be shifted to other Programs in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by the terms of this Agreement, or for other reasons of convenience.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Direct Costs means the sum of the following:

  • Total Project Costs means (a) the costs paid or incurred or to be paid or incurred by a Borrower Related Party in connection with or incidental to the acquisition, design, construction and equipping of the Project, including legal, administrative, engineering, planning, design, insurance, and costs of issuance; (b) amounts, if any, required by the Indenture Documents or the TIFIA Loan Documents to be paid into any fund or account upon the incurrence of the TIFIA Loan or any Secured Obligations; (c) payments when due (whether at the maturity of principal, the due date of interest, or upon optional or mandatory prepayment) during the Construction Period in respect of any indebtedness of the Borrower or any Credit Enhancement maintained by a Borrower Related Party, in each case in connection with the Project (other than the TIFIA Loan); and (d) costs of equipment and supplies and initial working capital and reserves required by the Borrower Related Parties for the commencement of operation of the Project, including general administrative expenses and overhead of the Borrower.

  • Operating Costs means the reasonable incremental expenses incurred by the Recipient on account of Project implementation, including costs related to audits, office equipment and supplies, vehicle operation and maintenance, shipping costs, office rentals, communication and insurance costs, office administration costs, bank charges, utilities, transport costs, travel, per diem and supervision costs, and salaries of contracted employees, but excluding salaries of officials of the Recipient’s civil service.

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk's office and

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.