Common use of Distribution of Financial Contribution Clause in Contracts

Distribution of Financial Contribution. The financial contribution of the Granting Authority to the Project shall be distributed by the Coordinator according to: − the Consortium Plan and the signed Grant Agreement at the signature Effective Date; − the approval of reports by the Granting Authority, and its corresponding adjustments according to the Grant Agreement; the provisions of payment in Section 7.2. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan and following the rules and provisions detailed in the Grant Agreement.

Appears in 1 contract

Samples: Consortium Agreement

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Distribution of Financial Contribution. The financial contribution of the Granting Authority to the Project shall be distributed by the Coordinator to the other beneficiaries according to: − the Consortium Plan and the signed Grant Agreement at the signature Effective Date; − the approval of reports by the Granting Authority, and its corresponding adjustments according to the Grant Agreement; the provisions of payment in Section 7.2. A Party Beneficiary shall be funded only for its tasks carried out in accordance with the Consortium Plan and following the rules and provisions detailed in the Grant AgreementPlan.

Appears in 1 contract

Samples: Consortium Agreement

Distribution of Financial Contribution. The financial contribution of the Granting Authority to the Project shall be distributed by the Coordinator according to: − the Consortium Plan and Plan, being recalled that lump-sum shares for work will be paid after the signed Grant Agreement full completion of the respective work package or, at the signature Effective Datepayment of the balance, after partial payment of non-completed work packages by the Granting Authority; − the approval of reports by the Granting Authority, and its corresponding adjustments according to the Grant Agreement; the provisions of payment in Section 7.2. A Party Beneficiary shall be funded only for its tasks carried out in accordance with the Consortium Plan and following the rules and provisions detailed in the Grant AgreementPlan.

Appears in 1 contract

Samples: Consortium Agreement

Distribution of Financial Contribution. The financial contribution of the Granting Authority to the Project shall be distributed by the Coordinator according to: − the Consortium Plan and the signed Data Sheet of the Grant Agreement at the signature Effective Date; − the approval of reports by the Granting Authority, and its corresponding adjustments according to the Grant Agreement; the provisions of payment in Section 7.2. A Party Beneficiary shall be funded only for its tasks carried out in accordance with the Consortium Plan Plan. Full details of the budget breakdown per Beneficiary and following the rules and provisions detailed per WP are given in the Grant Agreement.

Appears in 1 contract

Samples: Consortium Agreement

Distribution of Financial Contribution. The financial contribution of the Granting Authority to the Project shall be distributed by the Coordinator to the other Beneficiaries according to: − the Consortium Plan and the signed Grant Agreement at the signature Effective Date; − the approval of reports by the Granting Authority, and its corresponding adjustments according to the Grant Agreement; the provisions of payment in Section 7.2. A Party Beneficiary shall be funded only for its tasks carried out in accordance with the Consortium Plan and following the rules and provisions detailed in the Grant AgreementPlan.

Appears in 1 contract

Samples: Consortium Agreement

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Distribution of Financial Contribution. The financial contribution of the Granting Authority to the Project shall be distributed by the Coordinator according to: - the Consortium Plan and the signed Grant Agreement at the signature Effective Date; − - the approval of reports by the Granting Authority, and its corresponding adjustments according to the Grant Agreement; - the provisions of payment in Section 7.2. A Party Beneficiary shall be funded only for its tasks carried out in accordance with the Consortium Plan and following the rules and provisions detailed in the Grant AgreementPlan.

Appears in 1 contract

Samples: Not Specified

Distribution of Financial Contribution. The financial contribution of the Granting Authority to the Project shall be distributed by the Coordinator to the other Beneficiaries according to: the Consortium Plan and the signed Grant Agreement at the signature Effective Date; − the approval of reports by the Granting Authority, and its corresponding adjustments according to the Grant Agreement; the provisions of payment in Section 7.2. A Party Beneficiary shall be funded only for its tasks carried out in accordance with the Consortium Plan and following the rules and provisions detailed in the Grant AgreementPlan.

Appears in 1 contract

Samples: Consortium Agreement

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