Eligible expenditure. 6.1 Eligible expenditure consists of payments by the Recipient for the Purpose. Eligible expenditure is net of VAT recoverable by the Recipient from HM Revenue & Customs and gross of irrecoverable VAT.
Eligible expenditure. (a) the payment is for the financing of the reasonable cost of goods, works, services, Training, Incremental Operational Cost, and Grants (as said capitalized terms are defined in the Financing Agreement) required for the Project, and to be financed out of the proceeds of the Financing and procured, all in accordance with the provisions of the Financing Agreement;”
Eligible expenditure. As per clause 5, Grant funding can only be used for Eligible Expenditure. The Grant funding must be used for Funded Activities, benefitting the Participants, and must not be used for any Ineligible Expenditure or retained by the Grant Recipient.
Eligible expenditure. 5.1 Expenditure incurred in the Project Account will be limited to Eligible Expenditure. The categories of Eligible Expenditure shall be those set out in the agreed Financial Model as per Annex 1 to this Schedule 6.
Eligible expenditure. The Recipient must apply the Funding only to the following expenditure (together “Eligible Expenditure”):
Eligible expenditure. 5.1 Subject to clause 5.2, Eligible Expenditure consists of payments by the Grant Recipient during the Funding Period for the purposes of delivering the Project. Eligible Expenditure is net of VAT recoverable by the Grant Recipient from HM Revenue & Customs, and gross of irrecoverable VAT.
Eligible expenditure. 7. Subject to paragraphs 8 and 9, the Eligible Expenditure is limited to the costs specified in Annex 5 to the Grant Funding Agreement.
Eligible expenditure. 1. Expenditure incurred in the implementation of the programme shall be eligible for Community co-financing if:
Eligible expenditure. You must provide details of Eligible Expenditure in respect all Funded Activities and must record this expenditure in ANNEX 7 of this Grant Agreement. Confirmation of Bank Details You must complete and sign the Confirmation of Bank Details form in ANNEX 6 as part of Your acceptance of the Grant. Grant payments will be made into the bank account listed in the form. No payment will be made in advance of receipt of a correctly completed and signed form. The signatory to Your Confirmation of Bank Details form must be Your chief finance officer or other person with proper delegated authority. Any change of bank details must be notified immediately on the same form and signed by an approved signatory. Any change of signatory must be notified to the Authority for approval, as soon as known.
Eligible expenditure. 5.1 Eligible Expenditure does not include and the Recipient shall not be entitled to claim any Grant funding in respect of:
