Reasonable Expense definition

Reasonable Expense means an expense that demonstrates prudence, good judgement, moderation and is defensible to an impartial observer or citizen of Calgary.

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Reasonable Expense means a cost incurred reflecting the action that a prudent person would have taken under the circumstances prevailing at the time the decision to incur the cost was made. Major considerations involved in the determination of the reasonableness of a cost are: whether the cost is of a type generally recognized as necessary and appropriate for the operation of the institution or the performance of the sponsored agreement. (Reference: OMB Circular and Guidance A-21, Cost Principles for Educational Institutions (https://www.govinfo.gov)).

Reasonable Expense means the usual, reasonable and customary fee or charge for the services rendered and the supplies furnished in the area where and at the time such services are rendered or supplies furnished, as determined by the Company. Such services and supplies must be recommended and approved by a Physician.

Examples of Reasonable Expense in a sentence

Reasonable Expense ‐ an expense, the amount of which is appropriate for the position of the individual and the circumstance giving rise to the expense.
Said teacher shall remain at the bottom of the list until such time as the teacher is placed on a directed growth plan or a self-directed growth plan, at which time the teacher shall be restored to his/her appropriate position on the list.
Indemnitee’s obligation to reimburse the Company for any Reasonable Expense Advance shall be unsecured and no interest shall be charged thereon.
By: Name: Title: By: Name: Title: Trustee Solely for purposes of Section 20: By: Name: Title: Beginning after the first year anniversary of the effective date (i.e. the second year of Trust operation), there shall be established a Presumptively Reasonable Expense Amount (“PREA”) for each year’s operations thereafter with respect to ZAI.
In determining the amount of the Aggregate Excess Expense Credit and offsetting it against a Contingent Deferred Payment (ZAI), the terms and conditions set forth in Annex A hereto (“Credit to Grace for Administrative Expenses Exceeding a Presumptively Reasonable Expense Amount”) shall be given effect for purposes of interpreting, to the extent necessary or appropriate, the provisions of this Deferred Payment Agreement (ZAI) relevant to such determination and offset.

More Definitions of Reasonable Expense

Reasonable Expense means expenditure that can withstand a public disclosure test, therefore the cardholder will have no hesitation about disclosing the expenditure, being able to defend both its purpose and amounts while highlighting the benefits to the organisation.

Reasonable Expense means the usual and customary fee or charge for a given service or supplies by a Licensed Physician to a majority of the Licensed Physician’s patients and the customary fee charged by the majority of the Licensed Physicians within a community for the same services and supplies.

Reasonable Expense means an expense that demonstrates prudence, good judgement, moderation and is defensible to an impartial observer.

Reasonable Expense means the reasonable and customary fee or charge for the services rendered and the supplies furnished in the area where rendered or