Distribution of the Financial Contribution. The financial contribution of the European Commission to the Project shall be distributed by the Coordinator according to: the Consortium Budget as included in the Consortium Plan the approval of reports by the European Commission, and the provisions of payment in Article 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.
Distribution of the Financial Contribution. The Community financial contribution to the Project shall be distributed by the Coordinator according to : - the Consortium Budget as included in the Consortium Plan, - the approval of reports by the E uropean Commission, and - the provisions of payment in Article 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.
Distribution of the Financial Contribution. (1) The financial contribution of the European Commission to the Project shall be distributed by the Coordinator according to: - the Consortium Budget as included in the Consortium Plan - the approval of reports by the European Commission, and - the provisions of payment in Article 7.3.
Distribution of the Financial Contribution. The financial contribution to be granted to the Beneficiary will be calculated and distributed in accordance with the provisions set in Guidelines for Applicants. The financial grant to be paid will always be subject to: • Provision of a reports and a favorable review by the X2.0 internal evaluation team responsible for assessing the sub-project in each of the phases. o Phase 1 – 30 % of the budget. o Phase 2 – 40 % of the budget. o Phase 3 – 30 % of the budget. • Note: A non-favorable review of the work carried out at the end of any phase may lead to the early termination of the contract and suspension of payments. • The prior notice to the Beneficiary of the date and amount to be transferred to its bank account (Annex 2 - Bank account information form), providing the relevant references. • Payments to the Beneficiary will be made by the Coordinator. In particular: o The Coordinator, reserves the right to withhold the payments in case the Beneficiary does not fulfil its obligations and tasks as per Guidelines for Applicants. o Banking and transaction costs related to the handling of any financial resources made available to the Beneficiary will be covered by the Beneficiary. o Payments will be released no later than thirty (30) calendar days after the notification by the Coordinator to the Beneficiary that the work and deliverable associated to a particular phase has been approved. o The Beneficiary is responsible for complying with any tax and legal obligations that might be attached to this Contract.
Distribution of the Financial Contribution. The financial contribution to be granted to the beneficiaries shall be calculated and distributed in accordance with the provisions of the Guidelines for Applicants. In any case, the financial grant to be paid will be always be subject to: a favourable resolution by the evaluators and coaches responsible for assessing the Project in each of the stages (a set of KPIs will be set-up by coaches and sub-grantees and their achievement monitored during the incubation process execution) the availability of funds in DAPSI bank account during the relevant payment period the prior written notice to the beneficiaries of the date and amount to be transferred to its bank account (Annex 3 ‐ Bank account information form), giving the relevant references. payments to the beneficiaries will be made by the Contractor to the coordinator. In particular: The Contractor reserves the right to withhold the payments in case the beneficiaries does not fulfil with its obligations and tasks as per Annex 2 ‐ Guidelines for Applicants. Banking and transaction costs related to the handling of any financial resources made available to the beneficiaries by the Contractor shall be covered by the beneficiaries. Payments will be released no later than fifteen (15) natural days after the notification by the Contractor. The beneficiaries are responsible for complying with any tax and legal obligations that might be attached to this financial contribution.
Distribution of the Financial Contribution. The financial contribution of the Funding Authority to the Project shall be distributed by the Coordinator according to: - the budget as included in the Consortium Plan - the approval of reports by the Funding Authority; and - the provisions of payment in Article 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.
Distribution of the Financial Contribution. The Budget breakdown is replaced by the following one: Date and signature: By MAGISTRAT DER STADT WIEN Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: Date and signature: By UNIVERSITAET FUER BODENKULTUR WIEN Name: Position: By UNIVERSITAET FUER BODENKULTUR WIEN Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: Date and signature: By STADT AACHEN Name: Position: By STADT AACHEN Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: Date and signature: By STADTWERKE AACHEN AKTIENGESELLSCHAFT Name: Xxxxxxxxx Xxxxxx Position: By STADTWERKE AACHEN AKTIENGESELLSCHAFT Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position; Date and signature: Date and signature: By GEWOGE AG Name: Position: By GEWOGE AG Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: Date and signature: By TAMPEREEN KAUPUNKI Name: Position: By TAMPEREEN KAUPUNKI Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: By TEKNOLOGIAN TUTKIMUSKESKUS VTT Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: By HLAVNE MESTO SLOVENSKEJ REPUBLIKY BRATISLAVA Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: By TECHNICKY A SKUSOBNY USTAV STAVEBNY n.o. Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: Date and signature: By SLOVENSKA RADA PRE ZELENE BUDOVY Name: Position: By SLOVENSKA RADA PRE ZELENE BUDOVY Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: By COMUNE DI MILANO Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: By POLITECNICO DI MILANO Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: Date and signature: By SESTAO BERRI 2010 SOCIEDAD ANONIMA Name: Position: By SESTAO BERRI 2010 SOCIEDAD ANONIMA Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: Date and signature: By GOTEBORGS KOMMUN Name: Position: By GOTEBORGS KOMMUN Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: Position: Date and signature: By GAZIANTEP BUYUKSEHIR BELEDIYESI Name: Position: Date and signature: By FUNDACION CENER-CIEMAT Name: ...
Distribution of the Financial Contribution. The financial contribution to be granted to the Beneficiary shall be calculated and distributed in accordance with the provisions of the Guidelines for Applicants (Annex 2). In any case, the financial grant to be paid will always be subject to: • A favourable resolution by the Contractor that will be based on a results-driven justification supervised by the Digital Innovation Hubs (DIHs) involved in the Experiment. To this end, the DIHs will monitor the experiment execution to guarantee the accomplishment of the description of the Experiment and the set of technical KPIs as well as the submission of the corresponding deliverables, included in the Application Form and reflected in Annex 1. For more information about the justification stage, see the Annex 2 ‐ Guidelines for Applicants. • The availability of funds in EUHubs4Data bank account during the relevant payment period. • The prior written notice to the Beneficiary of the date and amount to be transferred to its bank account (Annex 5 ‐ Bank account information form), giving the relevant references. • Payments to the Beneficiary will be made by the Contractor. In particular: - The Contractor reserves the right to withhold the payments in case the Beneficiary does not fulfil with its obligations and tasks as per Annex 1 – Description of the Experiment and Annex 2 ‐ Guidelines for Applicants. - Banking and transaction costs related to the handling of any financial resources made available to the Beneficiary by the Contractor shall be covered by the Beneficiary. • Payments will be released no later than fifteen (15) natural days after the notification by the Contractor. • The Beneficiary is responsible for complying with any tax and legal obligations that might be attached to this financial contribution.
Distribution of the Financial Contribution. The financial contribution to be granted to the Challenger and Solver will be calculated and distributed in accordance with the provisions set in the InnoBuyer Call for Solvers - Guidelines for Applicants. The financial grant to be paid will always be subject to: Provision of a report and a favourable review by the InnoBuyer internal evaluation team responsible for assessing the Challenger and Xxxxxx’s progress in each of the actions.
