Common use of Qualifying Expenditures Clause in Contracts

Qualifying Expenditures. Recipient agrees that the Funds will be used to help defray Recipient’s operating expenses during the Term.

Appears in 4 contracts

Sources: Parc Tax Recipient Agreement, Parc Tax Recipient Agreement, Parc Tax Recipient Agreement

Qualifying Expenditures. Recipient agrees that the Funds will be used to help defray Recipient’s operating expenses or finance recreational facilities during the Term.

Appears in 1 contract

Sources: Parc Tax Recipient Agreement