Project Expenditures definition
Examples of Project Expenditures in a sentence
The Reconciliation Statement and Certification for Project Expenditures must specify the total amount of interest earned on Accountable Advances and on the FII Project Funding during the Term.
The Recipient will repay such amounts owing to FII on the same date the Reconciliation Statement and Certification of Project Expenditures (as described in Schedule 2 (Project Proposal, Budget and Reporting)) is due or as may be specified in the notice contemplated in this Section 4.2.
Amounts in the Budget which are not listed in any of the categories set forth in PARAGRAPHS (a) through (e) above shall not be Qualified Project Expenditures and proceeds of the Loan may not be disbursed for any such costs.
This annual financial report will summarize all revenues and expenditure information in connection with the Work including the sources and uses for each of the FII Project Funding, the Third-Party Project Funding and the Additional Outside Funding, if any, and will incorporate a Reconciliation Statement and Certification for Project Expenditures, the template for which can be downloaded from the on-line application system.
Qualified Project Expenditures not paid with Loan proceeds disbursed hereunder and other costs which are not Qualified Project Expenditures shall be paid from additional funds provided by Borrower.