Common use of Action duration Clause in Contracts

Action duration. The action duration is fixed in the Data Sheet of the Grant Agreement. It usually comes from your proposal and is expressed as a number of months, running from the action starting date. The action end date shown in the system is the date that is automatically calculated from the starting date (starting date + months of duration). The action duration relates only to the period during which the action tasks (set out in Annex 1) are implemented. This is NOT the same as project closure (i.e. final payment) or the end of the Grant Agreement. After the action end date, the beneficiaries still have to submit their final report and the granting authority will have to make the payment of the balance. Moreover, certain obligations under the Grant Agreement continue even afterwards.

Appears in 3 contracts

Samples: Annotated Model Grant Agreement, Annotated Model Grant Agreement, Annotated Model Grant Agreement

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Action duration. The action duration is fixed in the Data Sheet of the Grant Agreement. It usually comes from your proposal and is expressed as a number of months, running from the action starting date. The action end date shown in the system is the date that is automatically calculated from the starting date (starting date + months of duration). The action duration relates only to the period during which the action tasks (set out in Annex 1) are implemented. This is NOT the same as project closure (i.e. final payment) or the end of the Grant Agreement. After the action end date, the beneficiaries still have to submit their final report and the granting authority will have to make the payment of the balance. Moreover, certain obligations under the Grant Agreement continue even afterwardsafterwards (e.g. keeping supporting documents in case of audits, continue to use certain equipment for the same objective, maintain the website of the project, etc.).

Appears in 3 contracts

Samples: Eu Grants, Eu Grant Agreement, Eu Grant Agreement

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Action duration. The action duration is fixed in the Data Sheet of the Grant Agreement. It usually comes from your proposal and is expressed as a number of months, running from the action starting date. The action end date shown in the system is the date that is automatically calculated from the starting date (starting date + months of duration). The action duration relates only to the period during which the action tasks (set out in Annex 1) are implemented. This is NOT the same as project closure (i.e. final payment) or the end of the Grant Agreement. After the action end date, the beneficiaries still have to submit their final report and the granting authority will have to make the payment of the balance. Moreover, certain obligations under the Grant Agreement continue even afterwards.. CHAPTER 3 GRANT‌ General > Article 5 — Xxxxx‌

Appears in 1 contract

Samples: Annotated Grant Agreement

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