Object of expenditure definition

Object of expenditure means a grouping of expenditures on the basis of goods and services purchased, such as salary and wages.
Sample 1Sample 2Sample 3
Object of expenditure means the classification of fund data by character of expenditure. "Object of expenditure" includes, but is not limited to, personal services, operating costs and capital outlay. Object of expenditure is used in the budget Appropriation resolution to identify categories that that have budgetary spending limits for the calendar year.
Sample 1

Examples of Object of expenditure in a sentence

  • Object of expenditure 3 The expenses of the Preparatory Commission for January to March 2011 have been added to the April to December2011 appropriations in order to make the comparisons by object of expenditure consistent.

  • Object of expenditure within an allotment class, with the exception of PS; Examples:MOOE – From Travelling Expense to Communication ExpenseCO – From Investment Outlay to Buildings and Structures Outlay2.

  • Covers all expendi- tures for health services and supplies, except net cost of insurance and administration, public health activities, and administration for government and philanthropic agencies for fund-raising activities] Object of expenditure Total− Represents zero.

  • Object of expenditure or expense project code A fully coded transaction would appear as follows: 0000 – 00 – 00 - 0000Revenue source code or expenditure project code Function, division or activity code General ledger account code or department Fund code or subledger Code Funds0001 GENERAL FUND0002 POLICE BLOCK GRANT0003 FEDERAL & STATE GRANTS0004 COMMUN.

  • A complex system that supports many different functions can be constructed most efficiently if the effort needed to understand a particular system function is independent of the system size.

  • Working capital includes cash reserve and costs and expenditure associated with the management and operation of the Company’s business including administration expenses, management salaries, directors’ fees, rent and other associated costs.

  • Object" of expenditure shall mean specific articles, or1 classes of things for which an expenditure is made, i.

  • Project ending: .....................................(date) (date) Object of expenditure by UNEP budget codeProject budget allocation for year.........Expenditure incurredInterests accrued forUnspent balance of budgetfor thequarter .................Cumulativeexpenditures this year ...................the quarter……..allocation for year ............

  • Project ending: .....................................Object of expenditure by UNEP budget codeProject budget allocation for year.........Total expenditure for quarter* .................Total unliquidated obligations........Cumulative expenditure for year ........Unspent balance of budget allocation for year ............*breakdown of expenditures per quarter with related information such as nameof person hired, duration of contract, fees, purpose...should be reported in a separate annex.

  • Processing area floors are inspected daily during production for adequate drainage.

Related to Object of expenditure

  • Indemnification means an agreement of indemnity or a release from liability where the intent or effect is to shift or limit in any manner the potential liability of the person or firm for failure to adhere to applicable auditing or professional standards, whether or not resulting in part from knowing of other misrepresentations made by the insurer or its representatives.

  • Exculpation means the exculpation provision set forth in Article X.E hereof.

  • Indemnifiable Claim means any Claim based upon, arising out of or resulting from (i) any actual, alleged or suspected act or failure to act by Indemnitee in his or her capacity as a director, officer, employee or agent of the Company or as a director, officer, employee, member, manager, trustee or agent of any other corporation, limited liability company, partnership, joint venture, trust or other entity or enterprise, whether or not for profit, as to which Indemnitee is or was serving at the request of the Company as a director, officer, employee, member, manager, trustee or agent, (ii) any actual, alleged or suspected act or failure to act by Indemnitee in respect of any business, transaction, communication, filing, disclosure or other activity of the Company or any other entity or enterprise referred to in clause (i) of this sentence, or (iii) Indemnitee’s status as a current or former director, officer, employee or agent of the Company or as a current or former director, officer, employee, member, manager, trustee or agent of the Company or any other entity or enterprise referred to in clause (i) of this sentence or any actual, alleged or suspected act or failure to act by Indemnitee in connection with any obligation or restriction imposed upon Indemnitee by reason of such status. In addition to any service at the actual request of the Company, for purposes of this Agreement, Indemnitee shall be deemed to be serving or to have served at the request of the Company as a director, officer, employee, member, manager, trustee or agent of another entity or enterprise if Indemnitee is or was serving as a director, officer, employee, member, manager, trustee or agent of such entity or enterprise and (i) such entity or enterprise is or at the time of such service was a Controlled Affiliate, (ii) such entity or enterprise is or at the time of such service was an employee benefit plan (or related trust) sponsored or maintained by the Company or a Controlled Affiliate, or (iii) the Company or a Controlled Affiliate directly or indirectly caused or authorized Indemnitee to be nominated, elected, appointed, designated, employed, engaged or selected to serve in such capacity.

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Indemnification Claim has the meaning set forth in Section 12.3.

  • Expense Advance means a payment to Indemnitee pursuant to Section 3 of Expenses in advance of the settlement of or final judgement in any action, suit, proceeding or alternative dispute resolution mechanism, hearing, inquiry or investigation which constitutes a Claim.

  • Bylaw means this bylaw and any other bylaw of the Corporation as amended and which are, from time to time, in force and effect;

  • Indemnification Notice has the meaning set forth in Section 11.3(a).

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Indemnifiable Expenses Indemnifiable Liabilities" and "Indemnifiable Amounts" shall have the meanings ascribed to those terms in Section 3(a) below.

  • Indemnifiable Losses means any and all Losses relating to, arising out of or resulting from any Indemnifiable Claim.

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Third Party Infringement has the meaning set forth in Section 5.1.

  • Company Indemnitee has the meaning set forth in Section 7.2(b).

  • Seller Indemnitee has the meaning set forth in Section 9.2(b).

  • DGCL means the General Corporation Law of the State of Delaware.

  • Indemnity Period means the period during which the results of the business are affected beginning with the occurrence of the monetary win but not exceeding the maximum indemnity period

  • Indemnifiable Damages shall have the meaning set forth in Section 9.1 herein.

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Indemnitee has the meaning assigned to such term in Section 9.03(b).

  • Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.

  • Indemnification Agreements has the meaning set forth in Section 2.5.

  • Jointly Indemnifiable Claims shall be broadly construed and shall include, without limitation, any claim, demand, action, suit or proceeding for which the Covered Person shall be entitled to indemnification or advancement of Expenses from both (i) the Company and/or any Controlled Entity pursuant to the Indemnification Sources, on the one hand, and (ii) any Indemnitee-Related Entity pursuant to any other agreement between any Indemnitee-Related Entity and the Covered Person pursuant to which the Covered Person is indemnified, the laws of the jurisdiction of incorporation or organization of any Indemnitee-Related Entity and/or the certificate of incorporation, certificate of organization, bylaws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or other organizational or governing documents of any Indemnitee-Related Entity, on the other hand.

  • Delaware Court means the Court of Chancery of the State of Delaware.

  • Jointly Indemnifiable Claim means any Claim for which the Indemnitee may be entitled to indemnification from both an Indemnitee-Related Entity and the Company pursuant to applicable law, any indemnification agreement or the certificate of incorporation, by-laws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company and an Indemnitee-Related Entity.