Qualifying Expense definition

Qualifying Expense means a Qualifying Dependent Care Expense or Qualifying Medical Care Expense.
Qualifying Expense means, in respect of a member, an expense which falls within the definition thereof at Regulation 4(2), and which is either a Property Damage Expense, a Business Interruption Expense, a Money Expense, a Goods in Transit Expense, an Engineering Expense, a Fidelity Guarantee Expense or a Contract Works Expense save where in each case a General Exception applies
Qualifying Expense means CEE which is incurred on or after the Closing Date and on or before the Termination Date which may be renounced by the Corporation pursuant to subsections 66(12.6) or (12.66) of the Tax Act with an effective date not later than December 31, 2010 and in respect of which, but for the renunciation, the Corporation would be entitled to a deduction from income for income tax purposes;

Examples of Qualifying Expense in a sentence

  • A claim may be submitted before or after the Participant has paid a Qualifying Expense, but not before the Expense has been incurred.

  • A Qualifying Expense shall be deemed incurred at the time the services giving rise to the Expense are rendered.

  • The Administrator may, at its option, pay any Qualifying Expense directly to the person providing or supplying the services that gave rise to the Expense, in lieu of reimbursing the Participant.

  • A Participant shall obtain reimbursement of a Qualifying Expense by submitting a claim on a form provided by the Plan.

  • A description of the Qualifying Expense, the amount of the Expense and the date on which the Expense was incurred.


More Definitions of Qualifying Expense

Qualifying Expense means one or more of the following education-related expenses for which the
Qualifying Expense means the total amount of money charged for the cost of an eligible student to attend an eligible school including, but not limited to, fees for attending the school, textbook fees, tutoring, and/or transportation to and from school that is provided by the school. These costs may not be in excess of what is currently provided.
Qualifying Expense means an expense which: 1) qualifies as CEE, 2) qualifies as FTCMME; and 3) which is incurred (or is deemed to be incurred) on or after the Closing Date and on or before the Termination Date, that will be renounced by the Corporation pursuant to subsection 66(12.6) of the Tax Act, in conjunction with subsection 66(12.66) of the Tax Act, as necessary, with an effective date not later than December 31, 2023 and in respect of which, but for the renunciation, the Corporation would be entitled to a deduction from income under Part I of the Tax Act;
Qualifying Expense means an expense for an educational
Qualifying Expense means an expense of a kind described in regulation 4(1) and (2);
Qualifying Expense means an expense which qualifies as CEE at the date it is incurred, which qualifies as a Flow-Through Mining Expenditure, which is incurred on or after the Closing Date and on or before the Termination Date, which may be renounced by the Issuer not later than March 31, 2015, pursuant to subsection 66(12.6) of the Tax Act in conjunction with subsection 66(12.66) of the Tax Act with an effective date not later than December 31, 2014 and in respect of which, but for the renunciation, the Issuer would be entitled to a deduction from income for income tax purposes;
Qualifying Expense means premiums (including amounts paid as premiums under part B of title XVIII of the Social Security Act, relating to supplementary medical insurance for the aged), and contributions under a fully-insured policy or self-funded plan or program providing group or individual coverage of the Retired Participant and/or his Covered Dependents covering medical care as defined in Code Section 213(d)(1)(A) and (B) for medical, dental and vision benefits, and premiums for tax-qualified long-term care insurance (subject to the limitations in Code Section 213(d)(10)). However, any expenses (i) paid, reimbursed or reimbursable by any insurance, accident, health or workers’ compensation plan; (ii) paid, reimbursed or reimbursable under a Code Section 125 plan; (iii) incurred while the individual is neither a Retired Participant nor a Covered Dependent; or (iv) the individual is not legally obligated to pay, will not be treated as Qualifying Expenses. Expenses for the purchase of a policy, plan or program providing coverage for expenses in addition to medical care (as defined in Code Section 213(d)), will be Qualifying Expenses only to the extent that such expenses are directly related to the cost of the medical care component of the policy, plan or program. In addition, the cost for the medical care component of the policy, plan or program must be reasonable for the type and amount of coverage purchased, as determined by the