Budget of the project Sample Clauses

Budget of the project expenses/ Partner
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Budget of the project. The total eligible value is …… <amount in figures> EUR (non-refundable financing and the contribution of the partners), out of which: … <amount in figures> EUR ERDF, representing maximum 85% … <amount in figures> EUR State Budgets Cofinancing, representing maximum 13% … <amount in figures> EUR Partner’s own contribution The non-eligible value is in amount of………. EUR and shall be supported by the LB and partners according to the approved budget. The total estimated net revenue is in amount of…………. The additional net revenue generated during implementation of the project, resulting from sources of revenue not taken into account in determining the potential net revenue of the project, shall be deducted from the eligible expenditure of the project. Where it is objectively not possible to determine the revenue in advance based on the method set out in Article 61 paragraph 3(b) of Regulation 1303/2013, the net revenue generated within three years of the completion of the project, or by the deadline for the submission of documents for programme closure, whichever is the earliest, shall be deducted from the project eligible value. In the case of net revenue generating projects, the partners shall respect the provisions of Article 61 of Regulation (EU) No. 1303/2013. The partner commits itself to support its own contribution and the non-eligible expenditures. In case the MA cannot reimburse the expenditures due to lack of available funds at Programme level, the partner commits to support from its own budget the funds necessary for the implementation of the project, according to the approved Application Form and observing the provisions of the present agreement and its annexes and of the European and national legislation in force. The MA shall notify the LB/ partner regarding the lack of available funds.
Sample 1
Budget of the project. 1. The total financial amount of the Project is 147.312,80 EUR.
Sample 1

Related to Budget of the project

  • Development of the Project 4.1 TSP's obligations in development of the Project: Subject to the terms and conditions of this Agreement, the TSP at its own cost and expense shall observe, comply with, perform, undertake and be responsible:

  • Development of the Property Except as modified by this Agreement, the Development and the Property will be developed in accordance with all applicable local, state, and federal regulations, including but not limited to the City’s ordinances and the zoning regulations applicable to the Property, and such amendments to City ordinances and regulations that that may be applied to the Development and the Property under Chapter 245, Texas Local Government Code, and good engineering practices (the “Applicable Regulations”). If there is a conflict between the Applicable Regulations and the Development Standards, the Development Standards shall control.

  • Scope of the Project Under this Agreement, the scope of the Project (the “Scope of the Project”) shall mean and include:

  • Conduct of the Project C.1. The Proposer agrees to do the work set out in the Proposal in accordance with good standards relevant to such undertakings, and shall expend funds received hereunder only in accordance with such Proposal and the requirements of this Agreement.

  • Completion of the Project The Contracting Party shall complete the construction, equipping and furnishing of the Improvements in accordance with the Plans and submit to the Board a Certificate of Completion on or before November 1, 2016.

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project

  • CONSTRUCTION OF THE PROJECT The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Apartment/ Plot and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the relevant building bye-laws and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of this Agreement.

  • Duration of the Project includes the time from the beginning of the work on the Project until the Contractor's/person's work on the Project has been completed and accepted by the Owner.

  • of the Project III. 2 – Performance obligations

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