Deferred Project Costs definition
Deferred Project Costs means [to be completed],
Deferred Project Costs means the Lawyers’ reasonable professional fees not paid by the Funder, (including an additional amount equal to 25% of the unpaid portion of any reasonable professional fees, including any amounts in relation to GST payable by the Lawyers, in so far as the professional fees were incurred either before or during the Funding Period);
Examples of Deferred Project Costs in a sentence
If such grants exceed the debit balance in the Deferred Project Costs account or other capitalized asset account, the amount shall be credited to a quasi-liability account if the grant is conditionally repayable or to a contributed surplus account if it is not.
Parties may, with the permission of the Project Board include Deferred Project Costs on the Expenditure List.