Common use of Effects Clause in Contracts

Effects. The beneficiary must submit — within 60 days from when termination takes effect — the final report (see Article 20). If the Agency does not receive the report within the deadline (see above), no costs will be reimbursed. The Agency will calculate the final grant amount (see Article 5.3) and the balance (see Article 21), on the basis of the report submitted, the eligible costs and compliance with other obligations under the Agreement. In case of improper termination, the grant will be reduced by 100% (see Article 43).

Effects. The beneficiary must submit — within 60 days from when termination takes effect — submit the final report (see Article 20). If the Agency does not receive the report within the deadline (see above), no costs will be reimbursed. The Agency will calculate the final grant amount (see Article 5.3) and the balance (see Article 21), on the basis of the report submitted, the eligible costs and compliance with other obligations under the Agreement. In case of improper termination, This does not affect the Agency’s right to reduce the grant will be reduced by 100% (see Article 43) or to impose administrative sanctions (Article 45). The beneficiary may not claim damages due to termination by the Agency (see Article 46).

Effects. The beneficiary must submit — within 60 days from when termination takes effect — submit the final report (see Article 20). If the Agency does not receive the report within the deadline (see above), no costs will be reimbursed. The Agency will calculate the final grant amount (see Article 5.3) and the balance (see Article 21), on the basis of the report submitted, the eligible costs and compliance with other obligations under the Agreement. In case of improper termination, This does not affect the Agency’s right to reduce the grant will be reduced by 100% (see Article 43) or to impose administrative and financial penalties (Article 45). The beneficiary may not claim damages due to termination by the Agency (see Article 46).

Effects. The beneficiary must submit — within 60 days from when termination takes effect — the final report (see Article 20). If the Agency does not receive the report within the deadline (see above), no costs will be reimbursed. The Agency will calculate the final grant amount (see Article 5.3) and the balance (see Article 21), on the basis of the report submitted, the eligible costs and compliance with other obligations under the Agreement. In case Improper termination may lead to a reduction of improper termination, the grant will be reduced by 100% (see Article 43).

Effects. The beneficiary must submit — within 60 days from when termination takes effect — submit the final report (see Article 20). If the Agency does not receive the report within the deadline (see above), no costs will be reimbursed. The Agency will calculate the final grant amount (see Article 5.3) and the balance (see Article 21), on the basis of the report submitted, the eligible costs and compliance with other obligations under the Agreement. In case of improper termination, This does not affect the Agency’s right to reduce the grant will be reduced by 100% (see Article 43) or to impose administrative and financial penaltiessanctions (Article 45). The beneficiary may not claim damages due to termination by the Agency (see Article 46).

Effects. The beneficiary must submit — within 60 days from when termination takes effect — the final report (see Article 20). If the Agency [Commission][Agency] does not receive the report within the deadline (see above), no costs will be reimbursed. The Agency [Commission][Agency] will calculate the final grant amount (see Article 5.3) and the balance (see Article 21), on the basis of the report submitted, the eligible costs and compliance with other obligations under the Agreement. In case of improper termination, the grant will be reduced by 100% (see Article 43).

Effects. The beneficiary must submit — within 60 days from when termination takes effect — the final report (see Article 20). If the Agency does not receive the report within the deadline (see above), no costs lump sum shares will be reimbursedtaken into account. The Agency will calculate the final grant amount (see Article 5.3) and the balance (see Article 21), ) on the basis of the report submitted, the eligible costs submitted and compliance with other obligations under the Agreement. In case Only lump sum shares for work packages fully completed before termination will be accepted — unless exceptionally agreed otherwise by the Agency. Improper termination may lead to a reduction of improper termination, the grant will be reduced by 100% (see Article 43). After termination, the beneficiary's obligations (in particular Article 20, 22, 23, 36, 38, 40, 43 and 44) continue to apply.

Effects. The beneficiary must submit — within 60 days from when termination takes effect — submit the final report (see Article 20). If the Agency does not receive the report within the deadline (see above), no costs will be reimbursed. The Agency will calculate the final grant amount (see Article 5.3) and the balance (see Article 21), on the basis of the report submitted, the eligible costs and compliance with other obligations under the Agreement. In case of improper termination, This does not affect the Agency's right to reduce the grant will be reduced by 100% (see Article 43) or to impose administrative and financial penalties (Article 45). The beneficiaries may not claim damages due to termination by the Agency (see Article 46).

Effects. The beneficiary must submit — within 60 days from when termination takes effect — the final report (see Article 20). If the [Commission][Agency] Agency does not receive the report within the deadline (see above), no costs will be reimbursed. The [Commission][Agency] Agency will calculate the final grant amount (see Article 5.3) and the balance (see Article 21), on the basis of the report submitted, the eligible costs and compliance with other obligations under the Agreement. In case of improper termination, the grant will be reduced by 100% (see Article 43).