Qualifying Cost definition

Qualifying Cost means, in relation to each Qualifying Item, the dollar figure as reflected opposite such Qualifying Item in the Approved Project Budget.
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Examples of Qualifying Cost in a sentence

  • Example: Course Total 25 Days Attended 5 Days Pro Rata Ratio 20% Tuition, Fees, and Qualifying Cost $2500.00 Eligible Refund Amount $2000.00 The refund ratio is reliant on the academic time completed, if the student completed 31% of the Academic Year (Payment Period), then 31% of the cost will be retained.

  • Upon the occurrence of the Completion Date and submission of the certificate required by Section 3.5(a) of this Disbursement Agreement, the Tax Exempt Debt Service Reserve Account shall be funded from monies available in the Qualifying Cost Subaccount of the Construction Account for such purpose in accordance with Section 3.4(e) of this Disbursement Agreement in an amount up to the Tax Exempt Bond DSR Maximum Allowed Amount.

  • Of such Requested Disbursement, $ _________ shall be disbursed from the Construction Account, $ _________ shall be disbursed from the Qualifying Cost Subaccount and $ _________, shall be disbursed from funds transferred by Equity Lender.

  • Thereafter, those monies shall be held on deposit in the Construction Account and the Qualifying Cost Subaccount by the Disbursement Agent for disbursement in accordance with the terms of this Disbursement Agreement.

  • Neither the Partnership nor the Company shall have the right to withdraw monies from the Tax Exempt Debt Service Reserve Account or the Qualifying Cost Subaccount hereunder except to the extent such monies are disbursed by the Disbursement Agent pursuant to the terms of this Disbursement Agreement.

  • The Disbursement Agent shall hold the Tax Exempt Debt Service Reserve Account and the Qualifying Cost Subaccount and monies within such Tax Exempt Debt Service Reserve Account or the Qualifying Cost Subaccount as security agent solely for the Tax Exempt Trustee (acting on behalf of the holders of the Tax Exempt Bonds).

  • The Partnership's Completion Certificate shall also set forth the sum to be (A) deposited in the Rebate Fund under the Tax Exempt Indenture, (B) reserved in the Qualifying Cost Subaccount for the payment of any unpaid Costs and (C) deposited in the Tax Exempt Debt Service Reserve Account pursuant to Section 3.4(e) clause fourth.

  • You are hereby requested to approve the amount of $ as the Qualifying Cost of the Designated Improvements for the purposes set forth in the schedule attached hereto.

  • It is intended that the cost contribution arrangement hereunder be a Qualifying Cost Contribution Arrangement for the purposes of subsection 247(1) of the Act and the Parties hereby acknowledge their specific intention to share the costs and risks or producing, developing and acquiring all property comprising Improvements and New Technologies in proportion to the benefits each Party expects to derive from the exploitation thereof.

  • It is intended that the cost contribution arrangement hereunder be a Qualifying Cost Contribution Arrangement for the purposes of subsection 247(1) of the Act and the Parties hereby acknowledge their specific intention to sham the costs and risks of producing, developing or acquiring all property comprising Improvements and Now Technologies in proportion to the benefits each Party expects to derive from the exploitation thereof.