Annual, Scientific Reports and Annual or Biannual, Financial Reports Sample Clauses

Annual, Scientific Reports and Annual or Biannual, Financial Reports. 6.3.1. IFD shall annually/biannually receive a report (the “Financial Report”) containing financial reporting in the form of accounts for the Project. The Annual Report shall be from 1st January to 31st December / biannual report period shall be from 1st January to 30th June and from 1st July to 31st December of each calendar year. The accounts shall be prepared and presented in accordance with IFD’s “General Terms and Conditions for Grand Solutions”, see Clause 5.4, which, inter alia, state whether the accounts and the sub-accounts of the respective Project Participants shall be audited prior to submission. The financial Report for a given period shall be received by IFD within the deadline stated in IFD’s “General Terms and Conditions for Grand Solutions”, and shall be approved by the Steering Committee prior to submission to IFD. 6.3.2. IFD shall annually receive a report (the “Annual Scientific Report”) containing information of the Project’s scientific status and progress, including descriptions and documentation of results achieved, and status relative to observance of Project Milestones and to the success criteria laid down in the Project Plan. The scientific reporting shall be based on the scientific and economic status for the project, the project progress and value creation, leadership and collaboration, and if relevant, the Investment Review described in Clause 6.
Sample 1
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Related to Annual, Scientific Reports and Annual or Biannual, Financial Reports

  • Definitions For purposes of this Agreement:

  • NOW THEREFORE the parties hereto agree as follows:

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

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