Incurred and Paid definition

Incurred and Paid means, in relation to an Eligible Expenditure, an Eligible Expenditure that the Initial Recipient has paid for;

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Incurred and Paid means, in relation to an Eligible Expenditure, an Eligible Expenditure that British Columbia has paid for;

Incurred and Paid means an Eligible Cost for goods and/or services that have been paid for by the Proponents;

Examples of Incurred and Paid in a sentence

• In addition to any other requirements in this Agreement, the Energy Commission is only obligated to reimburse the Recipient for Incurred and Paid Costs that are (1) incurred during the Agreement Term; (2) invoiced within the required timeframes of this Agreement; (3) made in accordance with the Agreement’s Budget; and (4) actual and allowable expenses under this Agreement.

• If a force majeure event frustrates the performance of this Agreement, Canada and by extension, the Delivery Organization, will only be liable for its proportionate share of the Eligible Expenditures Incurred and Paid to the date of the occurrence of the event.

• If a force majeure event prevents the performance of this Agreement, FO will only be liable for its proportionate share of the Eligible Expenditures Incurred and Paid to the date of the occurrence of the event.

• Acceptance of the Project has occurred when all Deliverables and the Certification of Eligible Expenditures Incurred and Paid (in the form set out in Annex J) have been delivered to Petroleum Research and Petroleum Research has confirmed in writing to the Ultimate Recipient that the Deliverables satisfactorily meet the terms and conditions of this Agreement and that the Project is complete.

• Accordingly, These Terms change that and allow the CEC to reimburse the Recipient for Incurred and Paid Costs that are (1) incurred during the Agreement Term; (2) invoiced within the required timeframes of this Agreement; (3) made in accordance with the Agreement’s Budget; and (4) actual and allowable expenses under this Agreement.

• If a Force Majeure Event frustrates the performance of this Agreement, Petroleum Research will only be liable for Eligible Expenditures Incurred and Paid by the Ultimate Recipient to the date of the occurrence of the event.

• If a force majeure event frustrates the performance of this Agreement, Elexicon Group will only be liable for its proportionate share of the Eligible Expenditures Incurred and Paid to the date of the occurrence of the event.

• If a force majeure event frustrates the performance of this Agreement, Canada will only be liable for its proportionate share of the Eligible Expenditures Incurred and Paid to the date of the occurrence of the event.

More Definitions of Incurred and Paid

Incurred and Paid means, an Eligible Expenditure, that said Eligible Expenditure has been paid for by the Proponent.

Incurred and Paid means, in relation to an Eligible Expenditure, an Eligible Expenditure that the Ultimate Recipient has paid for.

Incurred and Paid means, in relation to an Eligible Expenditure, that the Proponent has paid for;