ALLOCATION OF EXPENDITURES Sample Clauses
The Allocation of Expenditures clause defines how costs and expenses related to a contract or project are distributed among the parties involved. Typically, this clause outlines which party is responsible for specific types of expenditures, such as materials, labor, or administrative fees, and may set limits or procedures for reimbursement. By clearly specifying financial responsibilities, the clause helps prevent disputes over payment obligations and ensures that each party understands their share of the costs, thereby promoting transparency and financial accountability.
ALLOCATION OF EXPENDITURES. (a) A particular expenditure is not to be included in more than one category of eligible expenditure in calculating the royalty payable by the Lessee.
(b) The Minister may determine in accordance with the provisions of this lease the extent to which a particular expenditure is to be attributed to a particular category of eligible expenditure in calculating the royalty payable by the Lessee, and upon his so determining, that particular expenditure shall be attributed accordingly.
(c) Where any expenditure paid by the Lessee in a royalty year in respect of activities or facilities of the Lessee on or in relation to the production unit is, in the opinion of the Minister, directly but not solely related to the production of a petroleum commodity from petroleum from the Xxxxxx Island Lease but that expenditure would otherwise be an eligible expenditure, the Minister shall, for the purpose of calculating the royalty payable by the Lessee, allow as an eligible deduction such portion of that expenditure as he thinks fit.
(d) Where any expenditure paid by the Lessee in a royalty year in respect of activities or facilities of the Lessee on or in relation to the production unit is, in the opinion of the Minister, related to the production of a petroleum commodity not solely from petroleum from the Xxxxxx Island Lease but that expenditure would otherwise be an eligible expenditure, the Minister shall, for the purpose of calculating the royalty parable by the Lessee, allow as an eligible deduction such portion of that expenditure as he thinks fit.
(e) The provisions of paragraphs (g) and (gb) of clause 21 of the Xxxxxx Island Lease shall not apply to any dispute arising out of the exercise of any discretion, whether express or implied, conferred upon the Minister pursuant to this subclause 2(6), but this paragraph shall not limit the other rights and remedies of the parties.
ALLOCATION OF EXPENDITURES. A particular expenditure is not to be included in more than one category of eligible expenditure in calculating the royalty payable by the Lessee.
ALLOCATION OF EXPENDITURES. CMME will give preference to Marketing Materials Development Fund projects that are regional or national, but may make allocations of Marketing Materials Development Fund money to regional groups of franchisees or individual franchisees when it considers it desirable. CMME franchisees may make non-binding recommendations on use of the Marketing Materials Development Fund. However, because the benefits of advertising, marketing, and promotion are difficult to measure precisely and because it is important that the Franchise Network be capable of taking decisive action in regard to these functions, CMME will have the right and responsibility to ultimately decide how Marketing Materials Development Fund money will be spent.
ALLOCATION OF EXPENDITURES. All Expenditures incurred under this Agreement shall be for the account of the Parties in proportion to their respective Participating Interests, and each Party on whose behalf any Expenditures have been incurred shall be entitled to claim all tax benefits, write-offs and deductions with respect to such Expenditures.