Examples of Research Budget in a sentence
Any costs and expenses incurred by the Research Institute in excess of the Research Budget shall be borne by the Research Institute, and JST shall have no obligation to pay to or reimburse the Research Institute for any such costs and expenses.
If the actual cost of any Direct Costs Budget Categories for a certain Fiscal Year is foreseen to be less than the Research Budget allocated for such Direct Costs Budget Category for that Fiscal Year in Appendix 3, the Research Institute may apply the difference to any other Direct Costs Budget Category(ies).
However, if the total amount of such shifting is more than fifty percent (50%) of the total Direct Costs in the Research Budget, the Research Institute must obtain prior written approval of JST before doing so.
Each Party will commit the resources as set out in the Research Budget in Schedule 4 to carrying out its Research Activities.
The Research Strategy will be underpinned by a Research Budget Strategy to ensure there is adequate allocation of funding and resources to support initiatives now and into the future.