Expenditure Request definition

Expenditure Request means a written request by Borrower for a Disbursement from the Funding Amount, which must certify that the Project costs covered by the Expenditure Request have been paid or incurred by Borrower.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Expenditure Request means a written request by Borrower for a Disbursement from the Funding Amount, as further described in Section 4.5.

Expenditure Request means a written request by Borrower for a Disbursement from the Remaining Funding Amount, which must certify that the Project costs covered by the Expenditure Request have been paid or incurred by Borrower.

Examples of Expenditure Request in a sentence

• In addition to the other conditions to Disbursements, Borrower acknowledges that the amount of hard costs or tenant improvements costs included in any Expenditure Request associated with rehabilitation or construction, when added to previously approved costs, may not exceed ninety percent (90%) of the approved budgeted costs on a line item basis.

• In the event OCII disapproves an Expenditure Request OCII shall provide written notice thereof to Borrower specifying the reason for such disapproval.

• The City may grant or withhold its approval of any line item contained in the Expenditure Request that, if funded, would cause it to exceed the budgeted line item as previously approved by the City.

• The Expenditure Request must be accompanied by a letter report that outlines proposed measures to avoid such a situation from reoccurring.

• Also, all major new equipment is specified through the Capital Expenditure Request where a formal process is in place and approved by various departments.

• The SFA must obtain preapproval from DFN for each item of equipment costing $5,000 or greater through the Capital Expenditure Request process if non-profit school food service account funds are going to be used at any time for the purchase.

• The Proponent shall submit an Expenditure Request to the Township for all breakdown maintenance items in advance of conducting any work to ensure such maintenance is properly approved.

• OCII shall endeavor to either approve or disapprove each such Expenditure Request within 10 business days of receipt.

• The Local Agency agrees to continue to fulfill the terms and conditions of this Grant Agreement as amended including, but not limited to, the following conditions that are based on the representations of the Local Agency as to the disposition of all applications for Program funding: Prior to submitting any Expenditure Request Form to ARB, the Local Agency agrees to demonstrate to ARB that all eligible and interested applicants from “CTP Solicitation 1” and “CTP Solicitation 2” have been or will be funded.

• H-1 SCHEDULE I - Energy ………………………….……………………………………………….I-1 SCHEDULE J - Expenditure Request and Approval to Proceed ......................................

More Definitions of Expenditure Request

Expenditure Request means a written request by Lessee for a Disbursement from the Reimbursement Amount, which must certify that the Horizontal Project costs covered by the Expenditure Request have been paid or incurred by Lessee.