Costs incurred definition

Costs incurred means an expenditure by the Taxpayer or its affiliate to a retailer, lessor or contractor that is directly attributable to the creation of or expansion of a Qualified Facility.
Costs incurred means costs integral to the remediation of a site which have been paid by a responsible party. Costs are considered incurred when funds are disbursed to the creditor, i.e., invoices have been paid and verification is available.
Costs incurred means the Eligible Costs for goods and/or services that have been received by the Recipient and that the Recipient has paid for by monetary payment or has a legal obligation to pay for by monetary payment in the future. Any Eligible Costs received that have been paid or will be paid for by means other than monetary payment, including, without limitations, in-kind and non-cash transactions, do not qualify as Costs Incurred for which the Agency can pay the Contribution. Due Date, in relation to an amount owing to the Agency, means: (i) the day on which a scheduled repayment is to be made; or (ii) where no repayment schedule has been arranged, the day that is normally thirty (30) calendar days after the date on which a demand for payment is issued.

Examples of Costs incurred in a sentence

  • The amount of each Tranche shall be determined by the CEB according to the Costs Incurred and/or the Forecasted Costs.

  • By this date: (i) all the payments by the Beneficiary to third parties for Costs Incurred shall be completed; (ii) the Completion Report must have been accepted, if applicable, as satisfactory by the CEB; and (iii) the payments of any balance of funds by the CEB or return of any balance of funds by the Beneficiary, if applicable, shall be completed.


More Definitions of Costs incurred

Costs incurred means the costs for activities implemented (services are rendered, supplies are delivered and works are carried out) under this Agreement before the Completion Date, except for costs incurred for the closure of the Project pursuant to Article 3.1 (b)(v) hereunder, and which are accepted by the CEB as Eligible Costs according to the provisions of this Agreement. For the avoidance of doubt (i) advance payments/pre-financing shall not be considered as Costs Incurred; and (ii) the invoices for the Costs Incurred before the Completion Date shall be paid by the Beneficiary no later than one (1) month after the Completion Date and the invoices for the Costs Incurred for the closure of the Project pursuant to Article 3.1 (b)(v) hereunder shall be paid no later than the deadline for the Completion Report.
Costs incurred means an expense paid by the qualified company or its affiliate to a retailer, lessor or contractor that is directly attributable to the renewable energy manufacturing or headquarters operation.
Costs incurred are defined in Section 2.4(b).
Costs incurred by a taxpayer corporation shall mean those costs incurred in Rhode Island on or after July 3, 1998 and shall include only those costs incurred to obtain the quality standard certification. Costs incurred prior to July 3, 1998, after certification has been awarded, or to maintain certification are not eligible for the credit. A limited liability company electing to be treated as a corporation is eligible to claim the credit.
Costs incurred by the taxpayer shall mean those costs incurred in Rhode Island on or after July 3, 1998 and shall include only those incurred to obtain the quality standard certification.
Costs incurred means all direct project materials, subcontracts, miscellaneous expenses (such as customer services, travel, and tendering costs) actually paid prior to Closing, plus fully burdened man hours worked (inclusive of indirect overheads and depreciation but, except as provided in the following sentence, excluding SG&A, corporate management fees, and profit earned). In addition, for the Modec and Bay contracts only, Costs Incurred will be deemed to include SG&A, corporate management fees, and the profit earned through the Closing Date on these contracts calculated under US GAAP compliant percentage of completion.
Costs incurred means payments in connection with the Development Project owed to third parties with no relationship to the Developer nor any member, officer, stockholder nor employee of the Developer.