Eligible Costs. II.14.1 Eligible costs of the action are costs actually incurred by a beneficiary, which meet the following criteria: – they are incurred during the duration of the action as specified in Article I.2.2 of the agreement, with the exception of costs relating to final reports and certificates on the action’s financial statements and underlying accounts; – they are connected with the subject of the agreement and they are indicated in the estimated overall budget of the action; – they are necessary for the implementation of the action which is the subject of the grant; – they are identifiable and verifiable, in particular being recorded in the accounting records of a beneficiary and determined according to the applicable accounting standards of the country where the beneficiary is established and according to the usual cost-accounting practices of the beneficiary; – they comply with the requirements of applicable tax and social legislation; – they are reasonable, justified, and comply with the requirements of sound financial management, in particular regarding economy and efficiency. The beneficiaries’ accounting and internal auditing procedures must permit direct reconciliation of the costs and revenue declared in respect of the action with the corresponding accounting statements and supporting documents.
Eligible Costs. In accordance with the Budget and the terms of this Agreement, Property Manager shall pay all expenses of the management, operation, maintenance of the Property directly from the Operating Account or shall be reimbursed by the Company, including without limitation the following: (a) the cost to correct the violation of any governmental requirement relating to the leasing, use, repair and maintenance of the Property, or relating to the rules, regulations or orders of the local Board of Fire Underwriters or other similar body, if such cost is not the result of the Property Manager’s gross negligence or willful misconduct; (b) the actual and reasonable cost of making all repairs, decorations and alterations if such cost is not the result of the Property Manager’s gross negligence or willful misconduct; (c) cost incurred by Property Manager in connection with all Service Contracts, including costs under any agreement with the Property Manager; (d) the cost of collection or attempted collection of delinquent rents collected by a collection agency or attorney; (e) legal fees of attorneys; (f) the cost of capital expenditures subject to the restrictions in Section 7.2; (g) the cost of printed checks for each account required by the Property and Company; (h) the cost of utilities; (i) the cost of advertising; (j) the cost of printed forms and supplies required for use at the Property; (k) the costs of Property Manager’s compensation set forth in Section 14; (l) the cost of Tenant Improvements; (m) any third-party leasing commissions for services provided in leasing the Property; (n) any third-party construction management fees for services provided in supervising any construction or repair in or about the Property; (o) any third-party selling commissions for the sale, exchange, or transfer of the Property or any portion thereof; (p) debt service; (q) the cost of insurance; (r) reimbursement of the Property Manager’s out-of-pocket costs and expenses to the extent not prohibited by Section 7; (s) the cost of general accounting and reporting services within the reasonable scope of Property Manager’s responsibility to Company; (t) the cost of the Supplies and Equipment and forms, papers, ledgers and other supplies and equipment (including computer equipment) used in the Property Manager’s office at any location; (u) cost of electronic data processing equipment, including personal computers located at the Property Manager’s office at the Property for preparation of rep...
Eligible Costs. II.14.1 To be considered as eligible costs of the action, costs must satisfy the following general criteria: - they must be connected with the subject of the agreement and they must be provided for in the estimated budget annexed to it; - they must be necessary for performance of the action covered by the agreement; - they must be reasonable and justified and they must accord with the principles of sound financial management, in particular in terms of value for money and cost-effectiveness; - they must be generated during the lifetime of the action as specified in Article I.2.2 of the agreement; - they must be actually incurred by the beneficiary, be recorded in his accounts in accordance with the applicable accounting principles, and be declared in accordance with the requirements of the applicable tax and social legislation; - they must be identifiable and verifiable. The beneficiary’s internal accounting and auditing procedures must permit direct reconciliation of the costs and revenue declared in respect of the action with the corresponding accounting statements and supporting documents.
Eligible Costs. Except as the Federal Government determines otherwise in writing, the Recipient agrees, and will obtain the agreement of each Subrecipient, to seek and obtain federal assistance only for the eligible costs of the Award that are:
Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: be necessary for the purpose of the grant; comply with the principles of sound financial management, in particular best value for money and cost-effectiveness; have actually been incurred by the grantee during the implementation period as defined in Article 1.3 of this Agreement; be identifiable and verifiable by the European Union and the Council of Europe, in particular being recorded in the grantee's accounts and determined according to the accounting standards applicable to the grantee; comply with the requirements of applicable tax and social security legislation; be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and have been indicated in the estimated overall budget of the Action (see APPENDIX II).
Eligible Costs. Recipient may seek reimbursement for its actual costs to develop the Project, consistent with the terms of this Agreement (“Eligible Costs”).
Eligible Costs. II.14.1 To be considered as eligible costs of the action, costs must satisfy the following general criteria: • they must be connected with the subject of the agreement and they must be provided for in the estimated budget annexed to it; • they must be necessary for the implementation of the action which is the subject of the grant; • they must be reasonable and justified and they must comply with the requirements of sound financial management, in particular regarding economy and efficiency; • they must be incurred during the lifetime of the action as specified in Article I.2.2 of the agreement, with the exception of costs relating to final reports and certificates on financial statements and underlying accounts; • they must be actually incurred by the beneficiary, be recorded in his accounting records and determined according to the applicable accounting standards of the country where the beneficiary is established and according to his usual cost- accounting practices; • they must comply e with the requirements of the applicable tax and social legislation; • they must be identifiable and verifiable. The beneficiaries’ internal accounting and auditing procedures must permit direct reconciliation of the costs and revenue declared in respect of the action with the corresponding accounting statements and supporting documents.
Eligible Costs. 5.1 The following eligible project costs form the basis of the funding: Personnel expenses EUR 2,326,743 R&D Infrastructure use EUR 75,232 Material costs EUR 1,367,588 Third-party services EUR 3,844,564 Travel expenses EUR 75,000 Total eligible costs EUR 7,689,127
Eligible Costs. Where consistent with the approved Eligible and Supported Costs, as defined in Annex 1 - Statement of Work, the following criteria will be used in determining eligibility of costs:
