Community financial contribution Sample Clauses
Community financial contribution. 1. The Community financial contribution to the project shall be determined by applying the funding limits indicated in this grant agreement and in the indicative breakdown of the budget and the Community financial contribution to the eligible costs and/or to the flat-rates and/or lump sums accepted by the Commission.
2. The Community financial contribution shall be paid based on the accepted costs of each beneficiary.
3. The Community financial contribution may not give rise to any profit for any beneficiary. For this purpose, at the submission of the last financial statement, the final amount of the Community financial contribution shall take into account any receipts of the project received by each beneficiary. For each beneficiary, the Community financial contribution may not exceed the total costs minus the receipts of the project.
4. The total amount paid by the Commission shall not exceed in any circumstances the maximum amount of the Community financial contribution referred to in Article 5(1).
5. Without prejudice to the right to terminate the grant agreement under Article II.10 and without prejudice to the right of the Commission to apply penalties as referred to in Article II.31, if the project is not implemented or is implemented poorly, partially or late, the Commission may reduce the grant initially provided in line with the actual implementation of the project on the terms laid down in this grant agreement.
Community financial contribution. 1. The Community financial contribution shall be in the form of a grant to the budget.
2. The maximum Community contribution to the project shall be EUR [insert amount] (in words: [insert amount in word] EURO). The Community financial contribution shall be limited to the maximum rates of contribution to the eligible costs identified in Article 8. Annex I contains an estimated breakdown of costs and activities between the beneficiaries.
Community financial contribution.
1. The "Community financial contribution" to the project shall be determined by applying the upper funding limits indicated in Article II.16, per activity and per beneficiary to the actual eligible costs and/or to the flat rates and/or lump sums accepted by the Commission.
2. The Community financial contribution shall be calculated by reference to the cost of the project as a whole and its reimbursement shall be based on the accepted costs of each beneficiary.
3. The Community financial contribution cannot give rise to any profit for any beneficiary. For this purpose, at the time of the submission of the last financial statement, the final amount of the Community financial contribution will take into account any receipts of the project received by each beneficiary. For each beneficiary, the Community financial contribution cannot exceed the eligible costs minus the receipts for the project.
4. The total amount of payments by the Community shall not exceed in any circumstances the maximum amount of the Community financial contribution referred to in Article 5.
5. Without prejudice to the right to terminate the grant agreement under Article II.38, and without prejudice to the right of the Commission to apply the penalties referred to in Articles II.24 and II.25 if the project is not implemented or is implemented poorly, partially or late, the Commission may reduce the grant initially provided for in line with the actual implementation of the project on the terms laid down in this grant agreement.
Community financial contribution. The "Community financial contribution" to the project shall be defined as the amount determined as follows:
1. By applying the upper funding limits indicated in Article II.16, per activity and per beneficiary to the costs accepted by the Commission and/or to the flat rates and/or lump sums.
2. The Community financial contribution shall be calculated by reference to the cost of the project as a whole and its reimbursement shall be based on the reported costs of each beneficiary.
3. The Community financial contribution cannot give rise to any profit for any beneficiary. For this purpose, at the time of the submission of the last financial statement, the final amount of the Community financial contribution will take into account any receipts of the project received by each beneficiary. For each beneficiary, the Community financial contribution cannot exceed the eligible costs minus the receipts for the project.
4. The total amount of payments by the Community shall not exceed in any circumstances the maximum amount of the Community financial contribution referred to in Article 5.
Community financial contribution.
1. The "Community financial contribution" to the project shall be determined per activity and per beneficiary on the basis of the actual eligible costs and/or to the flat rates and/or lump sums accepted by the Commission.
2. The conditions for the application of the flat-rates and/or lump sums are indicated in Annex III. The maximum amount of the flat-rates and/or lump sums is determined according to the reference rates established in the Work Programme and the total estimated amount of the Community financial contribution is indicated in Annex I.
3. The Community financial contribution shall be calculated by reference to the cost of the project as a whole and its reimbursement shall be based on the accepted costs of each beneficiary.
4. The Community financial contribution cannot give rise to any profit for any beneficiary. For this purpose, at the time of the submission of the last financial statement, the final amount of the Community financial contribution will take into account any receipts of the project received by each beneficiary. For each beneficiary, the Community financial contribution cannot exceed the eligible costs minus the receipts for the project.
5. The total amount of payments by the Community shall not exceed in any circumstances the maximum amount of the Community financial contribution referred to in Article 5.
6. Without prejudice to the right to terminate the grant agreement under Article II.37, and without prejudice to the right of the Commission to apply the penalties referred to in Articles II.23 and II.24, if the project is not implemented or is implemented poorly, partially or late, the Commission may reduce the grant initially provided for in line with the actual implementation of the project on the terms laid down in this grant agreement.
7. Financing in the form of flat rates and/or lump sums is limited to the amounts established in Annex I. If the conditions or grounds for granting these contributions are not fulfilled or are only partially fulfilled on completion of the project, the Commission shall withdraw or reduce its contribution in line with the actual extent of fulfilment of the conditions or requirements.
Community financial contribution.
1. The "Community financial contribution" to the project shall be determined on the basis of the actual eligible costs and/or to the flat rates and/or lump sums accepted by the Commission.
2. The conditions for the application of the flat-rates and/or lump sums are indicated in Annex
Community financial contribution. The Community financial contribution shall be in the form of a [lump sum][grant to the budget][grant for integration]. [Option 1: When the Community contribution is in the form of grant to the budget and grant for integration] The maximum Community contribution to the project shall be EUR (insert amount in words XXXXXX EURO). The Community contribution shall be limited to the maximum rates of contribution to the activities identified in Part B of ▇▇▇▇▇ ▇▇, as modified by any provision of Annex
Community financial contribution. 1. The Community financial contribution shall be limited to 1/3 of the total budget allocated to the selected trans-national projects and shall take the form of reimbursement of eligible costs and a flat rate.
2. The Community financial contribution shall be determined by applying: - the reimbursement of eligible costs for activities relating to the implementation and management of the joint call. However, the Community financial contribution shall reach a maximum defined in Annex I. Notwithstanding Article II.14, paragraph 1 point c, eligible costs may only be incurred until the acknowledged reception of the joint selection list of trans -national projects by the Commission . - a flat rate for activities relating to the fun ding of selected trans-national projects . This flat rate is set to 1/3 of the total budget allocated to the selected trans-national projects excluding the eligible costs for activities relating to the implementation and management of the joint call
3. The consortium shall ensure that the total funding allocated to any trans-national projects complies with the provisions of the competition rules.
4. Should one or more beneficiary(ies) not respect its(their) commitment to contribute its(their) agreed share to the total budget allocated to finance the trans-national projects , the Community financial contribution shall be reduced accordingly , except if other beneficiaries increase their national funding accordingly to the joint selection list of trans -national projects.
Community financial contribution. 1. The "Community financial contribution" to the project shall be determined by applying the upper funding limits as set out in Annex III by beneficiary to the actual eligible costs accepted by the Commission.
2. The Community financial contribution shall be calculated by reference to the cost of the project as a whole and its reimbursement shall be based on the accepted costs of each beneficiary.
3. The Community financial contribution cannot give rise to any profit for any beneficiary. For this purpose, at the time of the submission of the last financial statement, the final
4. The total amounts of payments by the Community to each beneficiary shall not exceed in any circumstances the maximum amount of the Community financial contribution per beneficiary set in Annex III.
5. Without prejudice to the right to terminate the grant agreement under Article II.37, and without prejudice to the right of the Commission to apply the penalties referred to in Articles II.24 and II.25 if the project is not implemented or is implemented poorly, partially or late, the Commission may reduce the grant initially provided for in line with the actual implementation of the project on the terms laid down in this grant agreement. Any reduction in the amount of the grant to be paid by the Commission shall be effected by: reducing the balance of the grant payable when the project ends; requesting the beneficiary concerned to repay any amounts overpaid, if the total amount already paid by the Commission exceeds the final amount which it actually owes.
6. Without prejudice to Article II.22 and II.23, the Commission shall adopt the amount of the payment of the balance to be made to the beneficiaries on the basis of the documents referred to in Articles II.4 and II.5, which it has approved.
7. The beneficiaries have a period of two months, starting from the date of notification by the Commission of the final amount of the grant constituting either the payment of the balance or a recovery order in accordance with Article II.21, or, by default, the date of receipt of the payment of the balance, to request in writing any additional information regarding the determination of the final grant or contesting this determination. After this period, any such requests will not be considered. The Commission undertakes to reply in writing within two months starting from the date of receipt of the request for information. This procedure is without prejudice to the right of the beneficiaries to...
Community financial contribution. The Community financial contribution consists of a fixed amount per researcher-year managed by the beneficiary for the expenses related to the reintegration of the researcher according to the reference rates established in the Work Programme and set out in Annex I.
