Eligible Project Costs definition
Examples of Eligible Project Costs in a sentence
Within **** following the Borrower’s receipt of the proceeds from the final Advance, evidence satisfactory to DOE, that the proceeds of all Advances have been applied to pay or reimburse Eligible Project Costs, as set forth in the review performed and reports provided in accordance with clause ((e) (Independent Accounting Review) above delivered with respect to such final Advance simultaneously with such evidence, or as otherwise approved by DOE.
The Borrower may request Advances no more frequently than once per calendar quarter; it being understood that, subject to the terms and conditions of the Accounts Agreement, the Borrower will be allowed to request transfers from the Advance Proceeds Construction Subaccount of the Construction Account to pay or reimburse Eligible Project Costs on a monthly basis.
Receipt by DOE of (i) an Officer’s Certificate that certifies that the proceeds of the requested Advance will be applied in accordance with Section 2.03(f) (Disbursement of Proceeds); and (ii) accruals, invoices or other documentation reasonably acceptable to DOE evidencing the incurrence of Eligible Project Costs reimbursable with such Advance proceeds.
Receipt by DOE of: (i) evidence that the proceeds of the requested Advance will be applied in accordance with Section 2.03(f) (Disbursement of Proceeds); and (ii) invoices or other documentation evidencing the incurrence of Eligible Project Costs payable or reimbursable with such Advance proceeds.
DOE will review the budgets and may request any additional information required to complete its determination of the Eligible Project Costs.