Contract Expenditures definition
Examples of Contract Expenditures in a sentence
Submit the Contract Expenditures reports electronically via email to ▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇.
In this example, an Offeror would provide the following: Current Contract Expenditures incurred to Date: $43,500,000 Date in which Expenditures have been incurred through: Insert Date of cost report that indicated cost/fee total of $43,500,000 after 2 years and 4 months of performance.
Income Tax in each Tax Year shall be assessed on the basis of the Aggregate Contract Revenues derived from, and allowable Contract Expenditures incurred in, the Petroleum Operations carried out hereunder.
Commencing in the Tax Year in which initial Commercial Production commences, any deductions for Income Tax purposes in respect of allowable Contract Expenditures which remain unrecovered in any Tax Year from Contract Revenues shall be treated as an operating loss and may be carried forward as an allowable deduction to subsequent Tax Years until fully recovered from Contract Revenues.
Solely in connection with the final Disbursement of MTI Tranche Loans to each Borrower, GIEK shall have received confirmation by the relevant suppliers of the applicable Amaralina Star Eligible Norwegian Contract Expenditures Amount and the Laguna Star Eligible Norwegian Contract Expenditures Amount; provided that, if such suppliers fail to provide such confirmation, either Borrower or the Building Contractor may provide such confirmation to GIEK.