Expenditure Incurred definition

Expenditure Incurred means the fund, whether the equity or debt or both, actually deployed and paid in cash or cash equivalent, for creation or acquisition of a useful asset and does not include commitments or liabilities for which no payment has been released;

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Expenditure Incurred means expenditure connected with the Project in respect of which the Recipient has received relevant goods and services, or in respect of which it has entered into contractual obligations, for which payment has been made or is due to be made.

Expenditure Incurred means the fund, whether equity or debt or both, actually deployed and paid in cash or cash equivalent, for creation or acquisition of a useful asset and does not include commitments or liabilities for which no payment has been released;

Examples of Expenditure Incurred in a sentence

• All evidence of Expenditure Incurred such as invoices, receipts, timesheets and other relevant documents must be supplied to the Authority (and any person nominated by the Authority) upon request and kept for at least 6 years after the end date of the Project.

• If the report referred to in Clause 6.1(g) of this Agreement shows that the GLA Funding paid to the Recipient as at the date of the report is in excess of the total Expenditure Incurred by the Recipient for the achievement of the Project Objectives, then the Recipient shall repay that excess amount to the Authority forthwith and in all circumstances no later than 30 days following the approval of the report by the Authority in accordance with Clause 6.1(g) of this Agreement.

• The Minister will not contribute to any Eligible Expenditure Incurred by the Initial Recipient prior to or after the Eligible Expenditure Period.

• All evidence of Expenditure Incurred such as invoices, receipts, timesheets and other relevant documents must be supplied to the Authority (and any person nominated by the Authority) upon request and kept for at least 10 years after the end date of the Project.

• All evidence of Expenditure Incurred such as invoices, receipts, timesheets and other relevant documents must be kept for at least 10 years after the end date of the Proposal(s).

More Definitions of Expenditure Incurred

Expenditure Incurred means the expenditure incurred or to be incurred in respect of medical or dental treatment as confirmed by the corresponding invoice or receipt issued either by or on behalf of the respective medically qualified person, or by the respective pharmacy;

Expenditure Incurred. (or “El”) means the amount of the expenditure incurred by the owner of the Equipment on purchase of the Equipment.

Expenditure Incurred means expenditure incurred by the Recipient connected with the Project in respect of which the Recipient has received relevant goods, and services or works, or in respect of which it has entered into contractual obligations, for which payment has been made and which shall not include expenditure on any matters set out in Clauses 5.

Expenditure Incurred means the amount actually expended and paid in cash or cash equivalent, for creation or acquisition of an asset through deployment of equity or debt or both, and does not include commitments or liabilities for which no payment has been released;

Expenditure Incurred means expenditure incurred by the Recipient connected with the Project in respect of which the Recipient has received relevant goods, and services or works, or in respect of which it has entered

Expenditure Incurred means the fund, whether the equity or debt or both, actually deployed and paid in cash or cash equivalent, for creation or acquisition of a

Expenditure Incurred. (or “EI”) means the amount of the expenditure incurred by the owner of the Equipment on purchase of the Equipment.