Amount and Utilization Sample Clauses

Amount and Utilization. 3.1 The total budget of the Project amounts to CHF 2'478'000,· (two million and four hundred and seventy eight thousand Swiss Francs) (see annex 2 of this Project Agreement). Xxxxxxx stated in this article in Swiss Francs are binding to Contracting Parties. 3.2 Switzerland shall provide a Grant of up to CHF 2'088'000,· (two million and eighty-eight thousand Swiss Francs), to the Slovak Republic for the implementation of the Project defined in Art. 2 of this Project Agreement. 3.3 The Grant shall cover a maximum of 85% of the total eligible costs CHF 2'456'000,· (two million four hundred and fifty six thousand Swiss Francs) of the Project. This percentage shall not be exceeded during the project implementation. It shall be calculated on the basis of effective costs in Swiss Francs. The NCU shall ensure the timely provision of the co-financing of up to CHF 368'000,· (three hundred and sixty eight thousand Swiss Francs) i.e. 15% of the eligible costs by the Slovak Republic State Budget. 3.4 As stipulated in Art. 7.1 of the Framework Agreement, the Value Added Tax (VAT) shall be considered as an eligible cost only if it is genuinely and definitively berne by the Executing Agency. VAT, which is recoverable, by whatever means, shall not be considered eligible even if it is not actually recovered by the Executing Agency. 3.5 As stipulated in Art. 7.2 of the Framework Agreement, other levies, taxes or charges, in particular direct taxes and social security contributions on salaries and wages, shall constitute eligible expenditure only if they are genuinely and definitively berne by the Executing Agency. 3.6 The following costs shall not be eligible for grant support: expenditures incurred before the entering into effect of this Project Agreement, interests on debt, the purchase of real estate, staff costs of the Slovak Government and recoverable VAT as specified in Art. 3.4 of this Project Agreement. 3.7 Any works, supplies and/or services carried out or delivered after the end of the Project as defined in Art. 23.2 are not eligible for grant support, except services for reporting, auditing and evaluation provided not later than 12 months after the end of the Project. 3.8 The final date for eligibility of costs shall be 12 months after the end of the Project. Reimbursement requests must have been received by Switzerland not later than six months after the final date of eligibility of costs. 3.9 Any unutilised portion of the Grant remaining at the completion of the...
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Amount and Utilization. 3.1 The total eligible costs of the Project amount to CHF 6'493'442,- (six million four hundred ninety-three thousand four hundred and forty-two Swiss Francs). Amounts stated in this article in Swiss Francs are binding to Contracting Parties. 3.2 Switzerland shall provide a Grant of up to CHF 5'519'425,- (five million five hundred nineteen thousand four hundred and twenty-five Swiss francs), to the Slovak Republic for the implementation of the Project defined in Art. 2 of this Project Agreement. 3.3 The Grant shall cover a maximum of 85 % of the total eligible costs defined in Art. 3.1 of this Project Agreement. This percentage shall not be exceeded during the project implementation. It shall be calculated on the basis of effective costs in Swiss Francs. The NCU shall ensure the timely provision of the co-financing of up to CHF 664'635,- (six hundred sixty-four thousand six hundred and thirty-five Swiss francs) i.e. 10,24 % of the eligible costs in Swiss Francs by the Slovak Republic State Budget. The rest of the co- financing i.e. minimum 4,76 % of the eligible costs shall be provided by the Executing Agency.
Amount and Utilization. 3.1. The estimated total cost of the Project amounts to CHF 31’294’000 (thirty one million two hundred ninety four thousand). The estimated eligible cost of the Project amounts to CHF 31’294’000 (thirty one million two hundred ninety four thousand). 3.2. Switzerland shall provide a Grant in Swiss Francs amounting to maximum CHF 26’600’000 (twenty six million six hundred thousand), to the Republic of Lithuania for the implementation of the Project defined in Article 2. 3.3. The Grant shall cover a maximum of 85 % of the total eligible costs of the Project in Swiss Francs. This percentage shall never be exceeded during the Project implementation. It shall be calculated on the basis of actual costs in Swiss Francs. The NCU shall ensure the timely provision of the co-financing of a minimum of 15 % of the total eligible costs of the Project in Swiss Francs by Lithuanian financial resources. 3.4. As stipulated in Article 7.1 of the Framework Agreement, the Value Added Tax (VAT) shall be considered as an eligible cost only if it is genuinely and definitively borne by the Intermediate Body, Executing Agency or by the final recipient. VAT, which is recoverable, by whatever means, shall not be considered eligible even if it is not actually recovered by the Intermediate Body, Executing Agency or by the final recipient. 3.5. As stipulated in Article 7.2 of the Framework Agreement, other levies, taxes or charges, in particular direct taxes and social security contributions on salaries and wages, shall constitute eligible costs only if they are genuinely and definitively borne by the Intermediate Body, Executing Agency or by the final recipient. 3.6. Part of the Project’s budget reserve, but not more than CHF 1’000’000 (one million), is to be used for implementing partnerships with Swiss institutions to reimburse costs borne by the Swiss and Lithuanian partners.
Amount and Utilization. 3.1. The estimated total cost of the Individual project amounts to CHF 2’024’000 (two million twenty-four thousand). The estimated eligible cost of the Individual project amounts to CHF 2’024’000 (two million twenty-four thousand).
Amount and Utilization. 3.1 Switzerland shall provide to Croatia a Grant amounting to maximum CHF 2.000.000,00 (two million Swiss Francs) for the implementation of the Project defined in Art, 2 of this Project Agreement. 3.2 The Grant shall cover a maximum of 85% of the total eligible costs of the Project in Swiss Francs. This percentage shall never be exceeded during the Project implementation. The NCU shall ensure the timely provision of the co-financing of a minimum of 15% of the total eligible costs of the Project in Swiss Francs by domestic sources. 3.3 As stipulated in Art. 7.1 of the Framework Agreement, the value added tax (VAT) shall be considered as an eligible cost only if it is genuinely and definitively borne by the Executing Agency. VAT, which is recoverable, by whatever means, shall not be considered eligible even if it is not actually recovered by the Executing Agency or by the final recipient, 3.4 As stipulated in Art. 7.2 of the Framework Agreement, other levies, taxes or charges, in particular direct taxes and social security contributions on eligible salaries and wages, shall constitute eligible costs only if they are genuinely and definitively borne by the Executing Agency. 3.5 In addition to Art, 3,3 and 3,4, the following costs shall not be eligible for grant support: expenditures incurred before the signing of this Project Agreement by the Parties, interests on debt and the purchase of real estate, 3.6 The final date of eligibility of costs for activities related to the Project corresponds to the end date in Art, 23,2. Eligibility of costs for reporting, auditing and evaluation ends six months after the end date in Art 23,2 but not later than 10 December 2024. The last Reimbursement Requests must have been received by SDC not later than four months after the final date of eligibility of costs. 3.7 During the Project implementation, the Parties shall mutually agree on the use of the unutilised portion of the Grant and on the respective co-financing.
Amount and Utilization. 3.1 The estimated total cost of the Project amounts to CHF [Amount in figures] [Amount in words]. The estimated eligible cost of the Project amounts to CHF [Amount in figures] [Amount in words] (see Annex 1). 3.2 Switzerland shall provide a Grant in Swiss Francs amounting to maximum CHF [Amount in figures], ([Amount in words]), to the Republic of Poland for the implementation of the Project defined in Art. 2. 3.3 The Grant shall cover a maximum of [Rate of co-financing]% of the total eligible costs of the Project in Swiss Francs. This percentage shall never be exceeded during the project implementation. The NCU shall ensure the timely provision of the co-financing of a minimum of [XX %] of the total eligible costs of the Project in Swiss Francs by domestic sources. 3.4 As stipulated in Art. 7.1 of the Framework Agreement, the Value Added Tax (VAT) shall be considered as an eligible cost only if it is genuinely and definitively borne by the Executing Agency. VAT, which is recoverable, by whatever means, shall not be considered eligible even if it is not actually recovered by the Executing Agency or by the final recipient. 3.5 As stipulated in Art. 7.2 of the Framework Agreement, other levies, taxes or charges, in particular direct taxes and social security contributions on salaries and wages, shall constitute eligible costs only if they are genuinely and definitively borne by the Executing Agency. 3.6 The following costs shall not be eligible for grant support: expenditures incurred before the signing of the present Project Agreement by all parties, interests on debt, the purchase of real estate and recoverable VAT as specified in Art. 3.4 of this Project Agreement. 3.7 The final date for eligibility of costs corresponds with the end of the Project as defined in Art. 22.
Amount and Utilization. 3.1 Switzerland shall provide to Croatia a Grant in Swiss Francs amounting to maximum 3.000.000,00 (three milion) for the implementation of the Project defined in Art. 2 of this Project Agreement. 3.2 The Grant shall cover a maximum of 85% of the total eligible costs of the Project in Swiss Francs. This percentage shall never be exceeded during the Project implementation. The NCU shall ensure the timely provision of the co-financing of a minimum of 15% of the total eligible costs of the Project in Swiss Francs by domestic sources. 3.3 As stipulated in Art. 7.1 of the Framework Agreement, the value added tax (VAT) shall be considered as an eligible cost only if it is genuinely and definitively borne by the Executing Agency. VAT, which is recoverable, by whatever means, shall not be considered eligible even if it is not actually recovered by the Executing Agency or by the final recipient. 3.4 As stipulated in Art. 7.2 of the Framework Agreement, other levies, taxes or charges, in particular direct taxes and social security contributions on eligible salaries and wages, shall constitute eligible costs only if they are genuinely and definitively borne by the Executing Agency. 3.5 In addition to Art. 3.3 and 3.4, the following costs shall not be eligible for grant support: expenditures incurred before the signing of this Project Agreement by the Parties, interests on debt and the purchase of real estate. 3.6 The final date of eligibility of costs for activities related to the Project corresponds to the end date in Art. 23.
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Amount and Utilization. 3 1 Switzerland shall provide to Croatia a Grant amounting to maximum CHF l'070'OOO.OO (one million seventy thousand Swiss Francs) to be used exclusively to finance the eligible costs as defined in Art. 3.3 below.
Amount and Utilization. 3.1 Switzerland shall provide a Grant of maximum CHF 500’000.00 (five hundred thousand Swiss Francs) to Lithuania to be used exclusively to finance the eligible costs as defined in Article 3.2 below. 3.2 The following costs incurred by the Executing Agency for the preparation of the Final Project Proposal are eligible for financing: a) Procurement of services for preparing studies, e.g. feasibility studies, environmental impact assessments, and/or any other document deemed appropriate to complement the Final Project Proposal in order to allow a thorough appraisal of the project. b) Translation costs into English of the documents cited under a).
Amount and Utilization of the Grant to the project “Swiss support for the introduction of the Dual-track principles in the Bulgarian vocational education system” 3.1 Switzerland shall provide a Grant in Swiss Francs amounting to a maximum of CHF 3’000’500.- (three million and five hundred Swiss Francs) in favour of Bulgaria for the implementation and management of the project “Swiss support for the introduction of the Dual-track principles in the Bulgarian vocational education system” as defined in Art. 2 of this Agreement. The Grant finances the implementation of the activities listed in the Indicative Budget for the implementation and management of the Project (see Annex 1). This amount covers also any possible taxes and fees due in accordance with the applicable law and regulations, subject to Article 3.7. 3.2 The Swiss Grant comprises of two components, as described in Annex 1. Swiss contribution amounting to CHF 765’000.- (seven hundred sixty five thousand Swiss Francs) is earmarked for the Endowment Fund for financing Activities (Endowment Fund), while CHF 2’235’500.- (two million two hundred thirty five thousand and five hundred Swiss Francs) is earmarked for the management and administration, including the expertise and consultancy (Management costs) of the whole project. 3.3 The Endowment Fund shall be operated by the MES and PMU. The Management costs, as stipulated in Annex 1 of this Agreement, shall be operated by SDC. 3.4 The Grant shall be managed in Bulgaria and its financing is considered as Swiss contribution in favour of Bulgaria. 3.5 The Swiss Grant for the management and implementation of Activities shall cover a maximum of 85% of the total eligible costs, born in Swiss Francs, to be co-financed by the Ministry of Education and Science in line with the requirements of the Framework Agreement, Art. 5. This percentage shall never be exceeded during project implementation. The sources and terms of co-financing requested are presented in the Indicative Budget for the implementation and management of the project (see Annex 1). 3.6 The total value of the whole project implemented in the frame of this Agreement comprises of the Swiss Grant for the management of the project and for the implementation of the activities plus the co-financing secured. 3.7 Eligible costs include: (a) Management and administration of the project; (b) Contribution for the preparation of projects by the Executing Agencies; (c) Activities financed by this Agreement; (d) Financial audit; (e) R...
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