Budget and Payment Terms. Cabaletta Bio shall pay PENN for an amount equal to its expenditures and applicable overhead incurred in the conduct of this Project in an amount not to exceed the total amount of [****] as set forth in the Budget attached to this Addendum. Cabaletta Bio acknowledges that this is a good faith estimate only and not a guarantee of the cost to conduct this Project. If at any time PENN determines that it will require additional funds for this Project Appendix 1, it shall notify Cabaletta Bio and provide an estimate of the additional amount. Cabaletta Bio shall not be liable for any costs in excess of the amount of [****] unless it has agreed in a writing, signed by both Parties, to provide additional funds. Invoices are to be sent to: [****] Cabaletta Bio shall make payments in advance to PENN in accordance with the payment schedule set forth in the Budget. All payments will be made within [****] of Cabaletta Bio’s receipt of an invoice from PENN and shall clearly identify [****] and Project Appendix 1 to CAROT Master Services Addendum. All payments are to be payable in United States dollars, and if by check, made out to The Trustees of the University of Pennsylvania. Select option by checking box: ☐ Pay by check Mail check to: [****] ☐ Pay by wire transfer: Banking Information: [****] Information for Purposes of Payment Processing: [****]
Budget and Payment Terms. To account for changes to the budget resulting from Protocol Amendment 5, Exhibit A, “Budget and Payment Terms”, of the Agreement is hereby stricken in its entirety and replaced with the revised “Budget and Payment Terms” attached hereto as Exhibit A.
Budget and Payment Terms. It is agreed that the total budget to provide the services described in Exhibit 1 and Exhibit 2 is $____.
Budget and Payment Terms. 1. The total of Partner’s eligible costs of the Project equal EUR 73 000,00.
2. The Partner shall make sure that any costs incurred as part of the Project, related to the activities of the Project and not covered by the grant (including, without limitation, non-eligible costs) are covered to meet the purpose of the Agreement and its due and timely implementation.
3. The Partner is not entitled to claim reimbursement by the Beneficiary of costs that the Agency finds non-eligible.
4. The costs of the Project implementation will be paid to the Partner as follows: - An advance payment of 40 % by 30 calendar days after the signature of the Partnership Agreement. - Second advance payment of up to 40 % by 30 calendar days after receiving the interim payment from the Czech National Agency. - Final payment of the remaining eligible costs to be paid within 30 calendar days after receiving the final payment from the Czech National Agency. The amount of the payment is dependent on the Czech National Agency's assessment of compliance with all requirements, authenticity, completeness and accuracy of the content of the final report.
5. The Partner’s bank account to pay the costs of the Project:
6. Any payments made by the Beneficiary to the Partner are deemed to be made on the date they are debited off the Beneficiary’s account.
7. The bank fees related to the transfers will be borne by the Parties as follows: - The Beneficiary will pay the fees charged by the Beneficiary’s bank. - The Partner will pay the fees charged by the Partner’s bank. - If any of the transfers needs to be repeated due to fault of either of the Parties, such Party will bear all the costs related to the transaction.
Budget and Payment Terms. The budget below is only for the first 2 years. The budget for the third year will be calculated between 15 and 18 months after the signature of the Sponsor Research Agreement. The budget does not include the indirect costs of the UAB. The percentage for the first and second years must be agreed.
Budget and Payment Terms. All costs will be included in the total contract cost. Education Direction estimates the breakdown of costs as follows: Cost per day Number of seminar + school visits in Number of participant s Total per seminar + school visit Total per contract year (total times 2)
Budget and Payment Terms. The budget and all payments for all Services, including any pass-through costs for any materials supplied by Cytovance, shall be set forth in the Proposal (the “Budget”) unless otherwise agreed to in writing by Synageva and Cytovance. All work performed under this Agreement requires prior written authorization from Synageva in the form of a purchase order number, which shall be referenced on all invoices in order for reimbursement to occur. In the event that the cost for the Services exceeds the approved amount in the Budget, it is Cytovance’s responsibility to get prior written authorization from Synageva for any additional Services in the form of a Change Order. Cytovance shall invoice Synageva for all Services under this Agreement as set forth in the Proposal. Unless otherwise agreed between the parties, Synageva shall pay such invoiced amounts within thirty (30) days of the receipt of the invoice. All taxes and any penalties thereon imposed on any payment made by Synageva to Cytovance shall be the responsibility of Cytovance.
Budget and Payment Terms. The total budget for the Amendment 3 Workplan is detailed in Exhibit 2 to Attachment A-2.
Budget and Payment Terms. [***] _______ _______ Company shall make payments in advance to Penn in accordance with the payment schedule set forth in the Budget. All payments will be made in U.S. dollars within [***] of Company’s receipt of an invoice from Penn and shall clearly identify Penn ERA Institution Number _____ and Designated ACTIVE/122947900.5
Budget and Payment Terms. To account for changes to the budget resulting from Protocol Amendment 5, Exhibit A, “Budget and Payment Terms”, of the Agreement is hereby stricken in its entirety and replaced with the revised “Budget and Payment Terms” attached hereto as Exhibit A. The liability of the Sponsor
