EXPENDITURES PROGRESS Clause Samples

The "Expenditures Progress" clause establishes a framework for monitoring and reporting the ongoing spending related to a project or contract. Typically, it requires the party responsible for expenditures to provide regular updates or documentation showing how funds are being used and the status of budgeted versus actual costs. This clause helps ensure transparency and accountability in financial management, allowing stakeholders to track progress and address any discrepancies or overruns promptly.
EXPENDITURES PROGRESS. (1) (2) (3) (4)
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EXPENDITURES PROGRESS. (1) (2) (3) (4) A) Project Engineering Costs AS PER AGREEMENT PAID PRIOR TO THIS DRAW AS PART OF THIS DRAW PAID TO DATE (Column 2 + 3) 1) Preliminary Engineering $0 $ $ $ 2) Final Design $0 $ $ $ 3) Other Engineering Services $0 $ $ $
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EXPENDITURES PROGRESS. (1) (2) (3) (4) A) Project Engineering Costs AS PER AGREEMENT PAID PRIOR TO THIS DRAW AS PART OF THIS DRAW PAID TO DATE (Column 2 + 3)
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EXPENDITURES PROGRESS. (1) (2) (3) (4) AS PER PAID PRIOR AS PART OF PAID TO DATE A) Project Engineering Costs AGREEMENT TO THIS DRAW THIS DRAW (Column 2 + 3) 1) Preliminary Engineering $0 $ $ $ 2) Final Design $13,400 $ $ $ 3) Construction Administration $0 $ $ $ B) Right-of-Way $0 $ $ $ C) Construction Costs $78,500 $ $ $ D) Materials Purchased Directly $0 $ $ $ E) Permits, Advertising, Legal $0 $ $ $ F) Construction Contingencies $10,800 $ N/A $ N/A $ N/A
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Related to EXPENDITURES PROGRESS

  • Expenditures The Assuming Institution will pay such bills and invoices on behalf of the Receiver and the Corporation as the Receiver or the Corporation may direct for the period beginning on the date of the Bank Closing Date and ending on Settlement Date. The Assuming Institution shall submit its requests for reimbursement of such expenditures pursuant to Article VIII of this Agreement.

  • Capital Expenditures The Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

  • ▇▇▇▇▇▇’S EXPENDITURES If any action or proceeding is commenced that would materially affect ▇▇▇▇▇▇’s interest in the Collateral or if Borrower fails to comply with any provision of this Agreement or any Related Documents, including but not limited to Borrower’s failure to discharge or pay when due any amounts Borrower is required to discharge or pay under this Agreement or any Related Documents, Lender on Borrower’s behalf may (but shall not be obligated to) take any action that Lender deems appropriate, including but not limited to discharging or paying all taxes, liens, security interests, encumbrances and other claims, at any time levied or placed on any Collateral and paying all costs for insuring, maintaining and preserving any Collateral. All such expenditures incurred or paid by Lender for such purposes will then bear interest at the rate charged under the Note from the date incurred or paid by Lender to the date of repayment by ▇▇▇▇▇▇▇▇. All such expenses will become a part of the Indebtedness and, at Lender’s option, will (A) be payable on demand; (B) be added to the balance of the Note and be apportioned among and be payable with any installment payments to become due during either (1) the term of any applicable insurance policy; or (2) the remaining term of the Note; or (C) be treated as a balloon payment which will be due and payable at the Note’s maturity.

  • Eligible Expenditures 1. Subject to Article 8.7 of the Regulation, eligible expenditures of this Programme are: (a) management costs of the Programme Operator in accordance with the detailed budget in the financial plan; (b) payments to projects within this Programme in accordance with the Regulation, this programme agreement and the project contract. 2. Eligible expenditures of projects are those actually incurred by the Project Promoter or project partners, meet the criteria set in Article

  • Excluded Expenditures The Recipient undertakes that the proceeds of the Financing shall not be used to finance Excluded Expenditures. If the Association determines at any time that an amount of the Financing was used to make a payment for an Excluded Expenditure, the Recipient shall, promptly upon notice from the Association, refund an amount equal to the amount of such payment to the Association. Amounts refunded to the Association upon such request shall be cancelled.