Define: Incurred Expenses

How is Incurred Expenses defined in a legal contract?

• Incurred Expenses means services and supplies delivered to an insured individual. These expenses are deemed to have happened at the moment when the treatment, service or supply is actually provided. Seen in 35 SEC filings
• Incurred Expenses means services performed for, or goods delivered to, a local government unit in response to a public health crisis, such as COVID-19. Seen in 3 SEC filings
• Incurred Expenses means the executive's reimbursable expenses that have been borne by the executive but not yet repaid by the [organization] as of the date of contract termination, including any reimbursable expenses whose repayment has been delayed as per [clause] and any accumulated yet unpaid interest on them. Seen in 2 SEC filings
• Incurred Expenses means all reasonable and out-of-pocket costs and expenses borne by the buyer after the contract date, in administering the contract, including, without limitation, in connection with managing the collection of the purchased accounts and handling the proceeds thereof, all wire fees, postage and audit fees, any misdirected payment fees, and the reasonable out-of-pocket fees, costs and expenses as outlined in [clause] 26 of this contract, including, without limitation, the costs and expenses of enforcing this contract and any documents prepared in connection herewith, inclusive of attorney's fees. Seen in 2 SEC filings
• Incurred Expenses means medical expenses that are accumulated during a period while covered or enrolled in the medical plan. Seen in 1 SEC filing
• Incurred Expenses means services performed for or goods received by a local government unit in response to a public health emergency related to diseases such as COVID-19.
  Seen in 1 SEC filing
• Incurred Expenses mean all impact fees, plan costs, survey expenses, insurance, taxes, attorney’s fees, and other soft and carrying costs borne with respect to the development property prior to the closing date, as agreed upon by the parties on or prior to the adjustment date. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of incurred expenses' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Incurred Expenses means services performed, or goods delivered, pertinent to a covered agreement.

Relevant Contract Types

• Service Agreements
• Supply Contracts
• Consulting Agreements

Relevant Circumstances

• Outline of terms for delivery of products or services
• Determining obligations of parties involved in a transaction
• Calculation of accountabilities in case of a dispute

Relevant Sectors

• Healthcare
• Information Technology Services
• Logistics and Supply Chain

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Genie Definition 2

• Incurred Expenses means unpaid, reasonable, out-of-pocket costs borne by [party] under a contract.

Relevant Contract Types

• Employment Contracts
• Consulting Agreements
• Vendor Agreements

Relevant Circumstances

• Negotiating employee compensation plans
• Outlining party responsibilities and rights in agreement
• Settling potential disputes in case of non-compliance with the agreement

Relevant Sectors

• Human Resources
• Project Management
• Real Estate

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