Cash Expenditure definition

Cash Expenditure means any expense where currency is exchanged for goods or services.
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Examples of Cash Expenditure in a sentence

  • The costs incurred for Filings shall be deemed Expenditures subject to the Cash Expenditure Equalization Procedure.

  • The Parties shall employ the Cash Expenditure Equalization Procedure to share equally the operating expenses and cost of capital assets employed in the Project on a periodic basis.

  • SpectRx shall pay one half of the cost of development of the Cervical Product by making Expenditures or contractual payments to Welc▇ ▇▇▇▇▇ ▇▇▇ work completed as provided in the Statement of Work as revised from time to time, subject to the Cash Expenditure Equalization Procedure.

  • The Cash Expenditure Equalization Procedure generally shall be based on the methodology defining the Profit and Loss Statement (see Exhibit 1.26), omitting revenue.

  • All contractual payments from Welc▇ ▇▇▇▇▇ ▇▇ SpectRx described in this Section shall be subject to the balancing / equalization process described as the Cash Expenditure Equalization Procedure.

  • All such Expenditures and contractual payments shall be subject to the balancing / equalization process described as the Cash Expenditure Equalization Procedure defined in Section 6.2 of this Agreement.

  • In that event, the costs incurred for the Enforcement Action shall be paid by the initiating Party only, and shall not be deemed to be Expenditures subject to the Cash Expenditure Equalization Procedure.

  • All royalties, license fees based on sales of products (quantified in price or units), or other similar payments payable to the Third Party in respect of the Third Party Intellectual Property obtained for use in the Project ("Third Party License Payments") shall be deemed Expenditures subject to the Cash Expenditure Equalization Procedure.

  • Should the Management Committee determine to file a lawsuit or other claim or enforcement action as to any such infringement ("Enforcement Action"), the costs incurred in respect of same shall be deemed to be Expenditures subject to the Cash Expenditure Equalization Procedure, and the proceeds from same, if any, such as judgments, settlements, royalties or the like ("Enforcement Proceeds") shall be paid equally to each Party.

  • This technology access fee shall not be taken into account in respect of, or provide Welc▇ ▇▇▇▇▇ ▇▇▇ credit to be used for, the Cash Expenditure Equalization Procedure.

Related to Cash Expenditure

  • Recurrent Expenditure means any expenditure on the establishment, conduct, administration and maintenance of the Academy which does not fall within the categories of capital expenditure set out at clause 36. The Secretary of State shall pay two separate and distinct grants in respect of Recurrent Expenditure: General Annual Grant (“GAG”) and Earmarked Annual Grant (“EAG”).

  • Independent expenditure means an expenditure by a person:

  • Capital Expenditure means expenditure on: a) the acquisition of land and buildings; b) the erection, enlargement, improvement or demolition of any building including fixed plant, installation, wall, fence or other structure, or any playground or hard standing;

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Excluded Expenditure means any expenditure: (a) for goods or services supplied under a contract which any national or international financing institution or agency other than the Association or the Bank has financed or agreed to finance, or which the Association or the Bank has financed or agreed to finance under another credit, grant or loan; (b) for goods included in the following groups or sub-groups of the Standard International Trade Classification, Revision 3 (SITC, Rev.3), published by the United Nations in Statistical Papers, Series M, No. 34/Rev.3 (1986) (the SITC), or any successor groups or subgroups under future revisions to the SITC, as designated by the Association by notice to the Recipient: Group Sub-group Description of Item 112 Alcoholic beverages 121 Tobacco, un-manufactured, tobacco refuse 122 Tobacco, manufactured (whether or not containing tobacco substitutes) 525 Radioactive and associated materials 667 Pearls, precious and semiprecious stones, unworked or worked 718 718.7 Nuclear reactors, and parts thereof; fuel elements (cartridges), non-irradiated, for nuclear reactors 728 728.43 Tobacco processing machinery 897 897.3 Jewelry of gold, silver or platinum group metals (except watches and watch cases) and goldsmiths’ or silversmiths’ wares (including set gems) 971 Gold, non-monetary (excluding gold ores and concentrates) (c) for goods intended for a military or paramilitary purpose or for luxury consumption; (d) for environmentally hazardous goods, the manufacture, use or import of which is prohibited under the laws of the Recipient or international agreements to which the Recipient is a party; (e) on account of any payment prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations; and (f) with respect to which the Association determines that corrupt, fraudulent, collusive or coercive practices were engaged in by representatives of the Recipient or other recipient of the Financing proceeds, without the Recipient (or other such recipient) having taken timely and appropriate action satisfactory to the Association to address such practices when they occur.