Currency for requests for payments and conversion into euro Sample Clauses

Currency for requests for payments and conversion into euro. Request for payment must be drafted in […]. Beneficiaries with general accounts in a currency other than the euro must convert costs incurred in another currency into euros at the average of the daily exchange rates published in the C series of the Official Journal of the European Union, determined over the corresponding reporting period (available at xxxx://xxx.xxx.xxxxxx.xx/stats/exchange/eurofxref/html/index.en.html). If no daily euro exchange rate is published in the Official Journal of the European Union for the currency in question, conversion must be made at the average of the monthly accounting rates established by the Commission and published on its website (xxxx://xx.xxxxxx.xx/budget/contracts_grants/info_contracts/inforeuro/inforeuro_en.cfm), determined over the corresponding reporting period. Beneficiaries with general accounts in euros must convert costs incurred in another currency into euros in accordance with their usual accounting practices. [If the NA prefers to apply an alternative conversion rate to that specified above or the national law establishes different obligations: Any conversion into euro of costs incurred in other currencies must be made by the beneficiaries at [the monthly exchange rate established by the Commission and published on its website8] [the daily exchange rates published in the C series of the Official Journal of the European Union]9 applicable on the day when the [request for payment is submitted]/ [cost was incurred]/ [bank account of the coordinator is credited]/[agreement is signed by the last of the two parties]]. [If NA chooses the above option "[bank account of the coordinator is credited]" and more than one pre-financing payments is foreseen: If Article I.4.3 provides for a second or more pre- financing payments, the conversion rate must apply for all costs incurred in the period from the date of transfer of the related pre-financing payment until the date of transfer of the next pre- financing payment.]
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Currency for requests for payments and conversion into euro. Request for payment must be drafted in Euro. Beneficiaries with general accounts in a currency other than the euro must convert costs incurred in another currency into euros at the average of the daily exchange rates published in the C series of the Official Journal of the European Union, determined over the corresponding reporting period (available at xxxx://xxx.xxx.xxxxxx.xx/stats/exchange/eurofxref/html/index.en.html). If no daily euro exchange rate is published in the Official Journal of the European Union for the currency in question, conversion must be made at the average of the monthly accounting rates established by the Commission and published on its website (xxxx://xx.xxxxxx.xx/budget/contracts_grants/info_contracts/inforeuro/inforeuro_en.cfm), determined over the corresponding reporting period. Beneficiaries with general accounts in euros must convert costs incurred in another currency into euros in accordance with their usual accounting practices.
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Currency for requests for payments and conversion into euro. Request for payment must be drafted in euros (€).
Sample 1Sample 2
Currency for requests for payments and conversion into euro. Request for payment must be drafted in euros. Any conversion into euro of costs (within real cost budget categories) incurred in other currencies must be made by the beneficiary at the monthly exchange rate established by the Commission and published on its website2 applicable on the day when the agreement is signed by the last of the two parties.
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Related to Currency for requests for payments and conversion into euro

  • Repayment of Advances If the identity of the Servicer shall change, the predecessor Servicer shall be entitled to receive reimbursement for outstanding and unreimbursed Simple Interest Advances made pursuant to Section 4.4 by the predecessor Servicer.

  • Electronic Check Conversion/Electronic Returned Check Fees If you pay for purchases or bills with a check or draft, you may authorize your check or draft to be converted to an electronic fund transfer. You may also authorize merchants or other payees to electronically debit your account for returned check fees. You are considered to have authorized these electronic fund transfers if you complete the transaction after being told (orally or by a notice posted or sent to you) that the transfer may be processed electronically or if you sign a written authorization.

  • Electronic Check Conversion You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to pay for purchases or pay bills.

  • PROCEDURES FOR SUPPLEMENTAL PAYMENT CALCULATIONS All calculations required by this Article VI, including but not limited to: (i) the calculation of the Applicant’s Stipulated Supplemental Payment Amount; (ii) the determination of both the Annual Limit and the Aggregate Limit; (iii) the effect, if any, of the Aggregate Limit upon the actual amount of Supplemental Payments eligible to be paid to the District by the Applicant; and (iv) the carry forward and accumulation of any of the Applicant’s Stipulated Supplemental Payment Amounts unpaid by the Applicant due to the Aggregate Limit in previous years, shall be calculated by the Third Party selected pursuant to Section 4.3.

  • CLEC to CLEC Conversions for Unbundled Loops 2.1.8.1 The CLEC to CLEC conversion process for unbundled Loops may be used by

  • Repayment of Funds If AMO declares that an Event of Default has not been cured to its satisfaction, AMO reserves the right to declare that prior payments of Funds become a debt to Ontario which the Recipient will reimburse forthwith on demand to AMO for transmission to Ontario.

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