Amount expended definition

Amount expended means the actual sums of money spent, or the cost or other basis for Federal tax purposes of real or tan- gible personal property donated or dedicated to the establishment of a daycare center. In the case of purchased daycare (Section I) the “amount expended” cannot include sums in excess of the actual cost of daycare services purchased for each individual child or dependent adult.
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Amount expended means the actual sum of money spent.
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Amount expended means the actual sums of money spent, or the cost or other basis for federal tax purposes of realty or tangible personalty donated or dedicated to the establishment of a daycare center.
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Examples of Amount expended in a sentence

  • In the event that the Developer fails (a) to complete the Project by the Mandatory Project Completion Date, or (b) to expend the full amount of the Private Investment by the Mandatory Project Completion Date, then upon the written demand of the Commission, the Developer will repay the Commission One Hundred Fifty Percent (150%) of the portion of the Funding Amount expended by the Commission in furtherance of the Local Public Improvements as of the date of the Commission’s demand.

  • The Provider shall repay to the City any portion of the Contract Amount expended for matters not within the scope of the Services.

  • The actual CapEx Pull-Forward Amount expended in respect of any such fiscal year shall reduce, on a dollar-for-dollar basis, the amount of Capital Expenditures that would have been permitted to be made in the immediately succeeding fiscal year.

  • Unless the Project has been completed prior to closing, the Borrower agrees to construct the Project with all reasonable dispatch and to use all reasonable efforts to cause such construction to be completed and the Committed Amount expended for the costs of the Project as soon as reasonably possible.

  • In the event it shall become impossible for the Corporation or the Plan Administrator to perform any act required by this Plan, the Corporation or Plan Administrator may in its discretion perform such alternative act as most nearly carries out the intent and purpose of this Plan and is in the best interests of the Corporation, provided that such alternative acts do not violate Section 409A of the Code.

  • Up to seven percent (7%) of the total amount of funding expended by Sub-grantee may be claimed under the activity description entitled “Administration.” Sub-grantee’s Total Grant Amount expended and claimed for the “Administration” line item cannot exceed amount designated in Attachment A.

  • In the event that the Developer fails (a) to complete the Project by the Mandatory Project Completion Date, or (b) to expend the full amount of the Private Investment by the Mandatory Project Completion Date, then the Commission shall be entitled to recover from Developer, as liquidated damages, One Hundred Fifty Percent (150%) of the portion of the Funding Amount expended by the Commission in furtherance of the Local Public Improvements (“Liquidated Damages”).

  • The Total Claim Amount expended by each of Licensor and Licensee shall be shared equally (subject to the below limitation on quarterly royalty payments) by Licensor and Licensee.

  • Amount expended for Housing Coordination and supports including staff positions.

  • The actual CapEx Pull-Forward Amount expended in respect of any such Fiscal Year shall reduce, on a dollar-for-dollar basis, the amount of Consolidated Capital Expenditures that would have been permitted to be made in the immediately succeeding Fiscal Year (as adjusted in accordance with this clause (ii)).

Related to Amount expended

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Final Payment Percentage is five percent (5.00%).

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Advance Amount means, with respect to any Asset for which any Liquidation Proceeds are received, the product of (i) the Maximum Advance Rate and (ii) the Collateral Balance of such Asset immediately prior to the sale or payment that gave rise to such Liquidation Proceeds.