Common use of – DE MINIMIS AID Clause in Contracts

– DE MINIMIS AID. 8.1 Any aid granted to the Incubatee that originates from ESA and that is provided under this Contract to the Incubatee by CzechInvest falls under the terms of EC regulation 1998/2006 of 15th of December 2006 on the application of articles 87 and 88 of the EC treaty to “de minimis aid”. 8.2 The Incubatee shall notify Czech authorities through CzechInvest in writing of how much state aid it has received during the three (3) years prior to the Commencement Date from any administrative body, insofar as no approval for such state aid was previously obtained from the Commission of the European Communities (“declaration of state aid”). 8.3 The Incubatee agrees to reimburse any state aid that the Incubatee has received under this Contract if it is later established that the payment was issued in violation of EC Regulation 1998/2006 of 15th of December 2006 on the application of Article 87 and 88 of the EC Treaty to de minimis aid.

– DE MINIMIS AID. 8.1 Any aid granted to the Incubatee that originates from ESA UoL and that is provided under this Contract to the Incubatee by CzechInvest UoL falls under the terms of EC regulation Regulation 1998/2006 of 15th of December 2006 on the application of articles Articles 87 and 88 of the EC treaty Treaty to “‘de minimis aid”’. 8.2 The Incubatee shall notify Czech authorities through CzechInvest UoL in writing of how much state aid it has received during the three (3) years prior to the Commencement Date from any administrative state aid awarding body, insofar as no approval for such state aid was previously obtained from the Commission of the European Communities (“declaration Declaration of state aidState Aid”). 8.3 The Incubatee agrees to reimburse any state aid that the Incubatee has received under this Contract if it is later established that the payment was issued in violation of EC Regulation 1998/2006 of 15th 15 th of December 2006 on the application of Article 87 and 88 of the EC Treaty to de minimis aid.

– DE MINIMIS AID. 8.1 Any aid granted to the Incubatee that originates from ESA UoL and that is provided under this Contract to the Incubatee by CzechInvest UoL falls under the terms of EC regulation Regulation 1998/2006 of 15th of December 2006 on the application of articles Articles 87 and 88 of the EC treaty Treaty to “‘de minimis aid”’. 8.2 The Incubatee shall notify Czech authorities through CzechInvest UoL in writing of how much state aid it has received during the three (3) years prior to the Commencement Date from any administrative state aid awarding body, insofar as no approval for such state aid was previously obtained from the Commission of the European Communities (“declaration Declaration of state aidState Aid”). 8.3 The Incubatee agrees to reimburse any state aid that the Incubatee has received under this Contract if it is later established that the payment was issued in violation of EC Regulation 1998/2006 of 15th of December 2006 on the application of Article 87 and 88 of the EC Treaty to de minimis aid.