Cumulative Expenditure definition

Cumulative Expenditure means a total of Capital Expenditure and Operational Expenditure for the said fiscal or calendar year;
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Examples of Cumulative Expenditure in a sentence

  • This is derived from Cumulative Expenditure to Date and Estimated Cost-to-Complete.

  • ICMC shall expend, as a minimum, the following annual and cumulative Exploration Expenditures: Year Annual Cumulative Expenditure Expenditure One $200,000 $200,000 Two $400,000 $600,000 Three $500,000 $1,100,000 Four $500,000 $1,600,000 Five $500,000 $2,100,000 Total $2,100,000 Year 1 for purposes of calculating annual expenditures shall end on March 31, 2001 and each subsequent year will end on March 31.

  • Wonder Lake, Illinois 60097 Total Project Cost: $1,412,833.00 Cumulative Expenditure: $713,187.41 Federal: $847,700.00 Federal: $280,187.41 State and Local: $565,133.00 State and Local: $433,000.00 Draft Easement 07/01/17 Yes Executed Easement 09/01/17 Yes Submit Easement Holder, Value, etc.

  • FSD shall expend, as a minimum, the following annual and cumulative Exploration Expenditures: Year Annual Expenditure Cumulative Expenditure One $0 $0 Two $75,000 $75,000 Three $150,000 $225,000 Four $200,000 $425,000 Total $425,000 Year 1 for purposes of calculating annual expenditures shall end on December 31, 2002 and each subsequent year will end on December 31.