Allocable costs Clause Samples
Allocable costs a. A cost is allocable to a particular cost objective to the extent of benefits received by such objective.
Allocable costs. Electricity. Tenant shall pay to Landlord monthly an amount reasonably estimated by Landlord to equal Tenant’s Allocable Electricity Costs for the electrical energy that Tenant requires for operation of the lighting fixtures, appliances and equipment of Tenant in the Premises and the heating and air conditioning equipment of Landlord servicing the Premises. “Tenant’s Allocable Electricity Costs” as used herein is initially estimated to be $2.00 per rsf, and shall be as determined in accordance with Exhibit E attached hereto and made a part hereof. Landlord shall from time to time furnish to Tenant a statement setting forth in reasonable detail the particulars relating to Tenant’s Allocable Electricity Costs for the period to which such a statement relates. In the event the estimated payments made by Tenant for said period shall be less than Tenant’s Allocable Electricity Costs for said period as set forth in said statement, Tenant shall promptly remit to Landlord the difference. In the event the estimated payments made by Tenant for said period exceed Tenant’s Allocable Electricity Costs for said period as set forth in said statement, such excess shall be refunded by Landlord. Landlord shall not be liable in any way to Tenant for any failure or defect in the supply or character of electrical energy furnished to the Premises by reason of any requirement, act or omission of the public utility serving the Building with electricity unless due to the act or omission of Landlord. Tenant’s use of electrical energy in the Premises shall not at any time exceed the capacity of any of the electrical conductors and equipment in or otherwise serving the Premises. In order to insure that such capacity is not exceeded and to avert possible adverse effect upon the Building electrical services, Tenant shall give notice to Landlord and obtain Landlord’s prior written consent whenever Tenant shall connect to the Building electrical distribution system any major fixtures, appliances or equipment. Any additional feeders or risers to supply Tenant’s electrical requirements in addition to those originally installed and all other equipment proper and necessary in connection with such feeders or risers, shall be installed by Landlord upon Tenant’s request, at the sole cost and expense of Tenant, provided that such additional feeders and risers are permissible under applicable laws and insurance regulations and the installation of such feeders or risers will not cause permanent dam...
Allocable costs. All project cots are expended for a particular purpose or time period that benefits the grant (2 CFR §200.405)
Allocable costs a. A cost is allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received.
b. All activities which benefit from the governmental unit’s indirect costs, including unallowable activities and services donated to the governmental nit by third parties, will receive an appropriate allocation of indirect costs. [For example, the fair market value of volunteer services contributed to a project need to be included in the allocation. Unallowable costs have to be included to ensure that the grantor agency does not pay a disproportionate share of project costs by having such costs “backed out” prior to allocating costs among funding sources.]
c. Any cost allocable to a particular federal or state award or cost objective under the principles provided in this Appendix may not be charged to other federal or state awards to overcome fund deficiencies, to avoid restrictions imposed by law or terms of the federal or state awards, or for other reasons. However, this prohibition would not preclude governmental units from shifting costs that are allowable under two or more awards in accordance with existing program agreements.
d. Where an accumulation of indirect costs will ultimately result in charges to a federal or state award, a cost allocation plan will be required as described in Attachments C, D, and E to UGMS.
Allocable costs a. A cost is allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received.
b. All activities which benefit from the governmental unit’s indirect costs, including unallowable activities and services donated to the governmental unit by third parties, will receive an appropriate allocation of indirect costs. For example, the fair market value of volunteer services contributed to a project need to be included in the allocation. Unallowable costs have to be included to ensure that the grantor agency does not pay a disproportionate share of project costs by having such costs “backed out” prior to allocating costs among funding sources.
c. Any cost allocable to a particular federal or state award or cost objective under the principles provided in this Appendix may not be charged to other federal or state awards to overcome fund deficiencies, to avoid restrictions imposed by law or terms of the federal or state awards, or for other reasons. However, this prohibition would not preclude governmental units from shifting costs that are allowable under two or more awards in accordance with existing program agreements.
d. Where an accumulation of indirect costs will ultimately result in charges to a federal or state award, a cost allocation plan will be required as described in Texas Grant Management Standards.
Allocable costs i. A cost is allocable to the contract if all of the following conditions are met:
a. It is assignable or chargeable to the contract in accordance with the relative benefit received because either:
1. It was incurred specifically and solely for the performance of the contract; or
2. It benefits both contract and non-contract objectives and can be distributed between them in reasonable proportion to the benefits received; or
3. It is necessary for the overall operation of the contractor even if a direct relationship to the contract cannot be shown.
b. It is not allocable to or included as a cost of any other contract, grant, agreement or program in either the present or any prior period, or used as cost-sharing or matching for another contract or grant, except when the contract specifically authorizes such duplicate allocation.
c. It is accorded consistent treatment with costs of a similar nature.
Allocable costs. Allocable costs for replacement of Shared Sewers are the same as Eligible Shared Costs for new Shared Sewers as set forth in section 6.2.1 above.
Allocable costs. 1. A cos ▇ ▇ ▇ ▇ lloc a ble t o a p a r t ic u l a r cos t ce n t e r ( i . e., a specific fun c- t io n , p r ojec t , r ese a r c h a g r ee m e n t , dep a r t - m e n t , o r t h e li k e) if t h e goods o r se r vices i n- volved ▇ ▇ ▇ ▇ ▇ ▇ ▇ ▇▇ a ble ▇ ▇ ▇ ssig n a ble t o s u c h cos t ce n t e r i n a cco r d a n ce wi t h r el a t ive be n e- fi t s r eceived o r o t h e r eq u i t a ble r el a t io n s h ip. S u bjec t t o t h e fo r egoi n g, a cos ▇ ▇ ▇ ▇ lloc a ble t o a r ese a r c h a g r ee m e n t if i t i s i n c urr ed sole- l y t o a dv a n ce t h e wo r k un de r t h e r ese a r c h a g r ee m e n t ; o r i t be n efi t s bo t h t h e r ese a r c h a g r ee m e n t a n d o t h e r wo r k of t h e h ospi t a l i n p r opo r t io n s t h a t c a n be a pp r oxi m a t ed t hr o u g h u se of r e a so n a ble m e t h ods; o r i t i s n ecess a ry t o t h e ove r a ll ope r a t io n of t h e h os- pi t a l a n d, i n lig h t of t h e s t a n d a r ds p r ovided i n t h i s c h a p t e r , i s dee m ed t o be a ssig n a ble i n p a r t t o o r g a n ized r ese a r c h . Wh e r e t h e p ur- c h a se of eq u ip m e n t o r o t h e r c a pi t a l i t e m s a r e specific a ll y a u t h o r ized un de r a r ese a r c h a g r ee m e n t , t h e a m o un t s t hu s a u t h o r ized fo r s u c h p ur c h a ses a r e a lloc a ble t o t h e r ese a r c h a g r ee m e n t r eg a r dless of t h e u se t h a t m a y s u bseq u e n t l y be m a de of t h e eq u ip m e n t o r o t h e r c a pi t a l i t e m s i n volved.
2. A ny cos t s a lloc a ble t o a p a r t ic u l a r r e- se a r c h a g r ee m e n t un de r t h e s t a n d a r ds p r o- vided i n t h ese p r i n ciples m a y n o t be s h if t ed t o o t h e r r ese a r c h a g r ee m e n t s i n o r de r t o m ee t deficie n cies c a u sed b y ove rrun s o r o t h e r fun d co n s ide r a t io n s, t o a void r es t r ic- t io n s i m posed b y l a w o r b y t e r m s of t h e r e- se a r c h a g r ee m e n t , o r fo r o t h e r r e a so n s of co n ve n ie n ce.
