Programme Costs definition
Examples of Programme Costs in a sentence
The Reconciliation Report will (i) be a format agreed between the Parties; (ii) show by Programme the total Programme Costs incurred by each Party in the Target Selection Process and all the Shared Programmes in the relevant Calendar Quarter (the “Total Quarterly Programme Costs”); and (iii) show the calculation of the Total Quarterly Difference and Net Reconciliation described below.
In calculating the amount, the Alliance FTE Rates applied in this Agreement shall apply to the calculation and the costs shall include all other sums which are in the nature of Programme Costs specifically incurred for that Discovery Programme or in relation to that CAT Independent Target.
The charges of the accounting firm shall be paid by the auditing Party, except that if the reimbursable Programme Costs have been overstated by more than five percent (5%), the charges shall be paid by the audited Party.
The Target Selection Committee shall oversee and direct the allocation of FTE resource dedicated to the Target Selection Process and the Programme Costs of such work shall be borne by the Parties equally.
The corresponding Programme Budget shall include details of the anticipated Programme Costs of carrying out the Programme.