Financial Contribution Sample Clauses

Financial Contribution. 7.1.1 The total financial contribution to the Activity amounts up to: 50.000 EUR (Fifty Thousand EURO) for IPR & product development 7.1.2 For the purpose of this Contract the above mentioned total financial contribution is stated to be a ceiling which amount shall not be exceeded and for which the Incubatee shall perform the Activity in full. 7.1.2.1 At the end of the Contract Term the Incubatee shall deliver a cost report, detailing all costs incurred, with all invoices attached. 7.1.2.2 The Incubatee shall prove all expenses from the funding solely with third parties’ invoices used for IPR and product development following the provisions on Article 4 here above. The Incubatee is not authorized to use the above stated funding for reimbursement of his own hours spent in the project. 7.1.3 The above amount does not include any taxes and duties.

Financial Contribution. 1. The Union shall pay Seychelles a financial contribution in accordance with the terms and conditions laid down in the implementing Protocol to this Agreement. That contribution shall consist of two related elements, namely: (a) access to the Seychelles fishing zone and fisheries resources, without prejudice to the access costs borne by the ship- owners; and (b) Union's financial support for reinforcing responsible fishing policy and the sustainable exploitation of fisheries resources in Seychelles' waters. 2. The component of the financial contribution for the sectoral support referred to in point (b) of paragraph 1 shall be independent of the payments regarding access costs and shall be determined and managed in the light of the objectives identified by mutual consent between the Parties in accordance with the implementing Protocol to this Agreement, to be achieved in the context of the sectoral fisheries policy of Seychelles and the annual and multi-annual programme for its implementation. 3. The financial contribution granted by the Union shall be paid each year in accordance with the implementing Protocol to this Agreement and subject to this Agreement: (a) the amount of the contribution referred to in point (a) of paragraph 1 may be revised by the Joint Committee in respect of: (i) exceptional circumstances, other than natural phenomena, preventing fishing activities in the Seychelles fishing zone; (ii) a reduction in the fishing opportunities granted to Union vessels, made by mutual agreement between the Parties for the purposes of managing the stocks concerned, where this is considered necessary for the conservation and sustainable exploitation of resources on the basis of the best available scientific advice; (iii) an increase in the fishing opportunities granted to Union vessels, made by mutual agreement between the Parties where the best available scientific advice concurs that the state of resources so permits; (b) the amount of the contribution referred to in point (b) of paragraph 1 may be revised as a result of a reassessment of the terms of the financial contribution for implementing the sectoral fisheries policy of Seychelles, where this is warranted by the specific results of the annual and multiannual programming observed by both Parties; (c) the contribution referred to in paragraph 1 may be suspended as a result of the application of Article 16 or 17 of this Agreement.

Financial Contribution. 6.1.1 The maximum financial contribution payable by the Incubator to the Incubatee during performance of the Activity amounts to: 50,000 EUR (Fifty Thousand EURO) and is hereinafter also referred to as the “Incentive Amount”. The type price of the Incentive Amount is a ceiling price. 50% of the Incentive Amount, provided by the Agency, can only be used by the Incubatee for expenses with third parties related to IPR and product development. 6.1.2 At the end of the Contract Term, the Incubatee shall deliver a cost report, detailing all costs actually incurred, with all invoices attached. If the Incubatee’s allowable costs actually incurred under the Contract are lower than the Incentive Amount identified in Article 6.1.1. above, then the Incentive Amount shall be reduced accordingly. 6.1.3 The Incubatee is not authorised to use part or the total of the Incentive Amount for reimbursement of its own manpower hours spent on the Activity. 6.1.4 The Incentive Amount does not include any taxes and duties and cannot be used to pay for taxes or duties.

Financial Contribution. You and/ or your representative(s) agree to pay your financial contribution directly into the Direct Payment Account. This contribution should be paid monthly preferably via a standing order from your personal account as the easiest way. The Council will monitor the payment of any assessed financial contribution and Council staff will contact you if they notice any irregularity. Where the Council becomes aware that the financial contribution has not been paid, reassessment of your care and support needs may be required. The Council will notify you and/ or your representative(s) in writing if there are any funds to be repaid and/ or any changes to the amount of Direct Payment you receive.

Financial Contribution. The total amount of a financial contribution from the Slovak Agency for International Development Cooperation to the Final Beneficiary shall not exceed EUR [•] (in words: EUR [•]) (the “Financial Contribution”). According to the approved Small Grant Application, and with the support in the form of the Financial Contribution, in order to facilitate the Project implementation, the Final Beneficiary shall pay for: [•]. The Financial Contribution from the Slovak Agency for International Development Cooperation shall be available and may only be spent starting from the entry of this Small Grant Agreement into effect under Section [•] of this Small Grant Agreement. The Financial Contribution shall be disbursed to the Final Beneficiary in two instalments:

Financial Contribution. 1. The Community shall xxxxx Xxxxxxx Islands a single xxxxx- cial contribution in accordance with the terms and conditions laid down in the Protocol and Annexes. This single contribution shall be calculated on the basis of two related elements, namely: (a) access by Community vessels to the Solomon Islands fishing zone, and (b) the Community’s financial support for enhancing responsible fishing and the sustainable exploitation of fisheries resources in the Solomon Islands fishing zone. The part of the financial contribution referred to in point (b) of paragraph 1 shall be determined and managed in the light of objectives identified by common accord between the Parties in accordance with the Protocol, to be achieved in the context of the sectoral fisheries policy in Solomon Islands and in accordance with an annual and multiannual programme for its implementation. 2. The financial contribution granted by the Community shall be paid each year in accordance with the Protocol and without prejudice to the provisions of this Agreement and its Protocol on any change of the amount of the contribution as a result of: (a) serious circumstances, other than natural phenomena, pre- venting fishing activities in the Solomon Islands fishing zone (in accordance with Article 14 of the Agreement); (b) a reduction in the fishing opportunities granted to Commu- nity vessels, made by mutual agreement between the Parties for the purposes of managing the stocks concerned, where this is considered necessary for the conservation and sustain- able exploitation of resources on the basis of the best avail- able scientific advice (in accordance with Article 4 of the Protocol); (c) an increase in the fishing opportunities granted to Commu- nity vessels, made by mutual agreement between the Parties where the best available scientific advice concurs that the state of resources so permits (in accordance with Articles 1 and 4 of the Protocol); (d) a reassessment of the terms of Community financial support for implementing a sectoral fisheries policy in Solomon Islands (in accordance with Article 5 of the Protocol), where this is warranted by the results of the annual and multian- nual programming observed by both Parties; (e) termination of this Agreement under Article 12; (f) suspension of the implementation of this Agreement under Article 13.

Financial Contribution. 7.1.1 The total financial contribution to the Activity amounts to EUR 50,000 (Fifty thousand Euros), broken down as follows: a) 25.000 from the City of Prague: the exact amount, dates and conditions of the payments and tasks on which the money can be spent is fixed in the official notification of approval and contract of the financing institution. Direct labour costs are not accepted to be paid by the City of Prague. b) 25.000 from ESA covering IPR and product development (prototype). Payment will be done upon acceptance of the deliverables on the agreed milestones. The budget has to be spent on the technical development, e.g. software or hardware development or for prototype development, etc. Direct labour costs are not accepted to be paid with the ESA incentive. 7.1.2 For the purpose of this Contract the above mentioned financial contribution is stated to be a ceiling which amount shall not be exceeded and for which the Incubatee shall perform the Activity in full. At the end of the Contract Term the ceiling amount shall be converted into a firm fixed amount by means of a Conversion Proposal, detailing all costs incurred, to be submitted by the Incubatee to CzechInvest. The Incubatee shall provide copies of invoices at the end of every month to show all expenses from the funding were used solely with Third Parties for IPR and product development, following the provisions of Article 4 here above. The Incubatee is not authorized to use the stated ESA funding for reimbursement of his own hours spent on the project. 7.1.3 The above amount does not include any taxes and duties.

Financial Contribution. 1. The Community shall grant Kiribati a financial contribu- tion in accordance with the terms and conditions laid down in the Protocol and Annexes. This single contribution shall be com- posed of two related elements, namely: (a) access by Community vessels to Kiribati fisheries; and (b) the Community’s financial support for promoting respon- sible fishing and the sustainable exploitation of fisheries resources in Kiribati waters. 2. The component of the financial contribution referred to in the above paragraph shall be determined and managed in the light of objectives identified by common accord between the par- ties in accordance with the Protocol, to be achieved in the con- text of the sectoral fisheries policy drawn up by the Government of Kiribati and an annual and multiannual programme for its implementation. 3. The financial contribution granted by the Community shall be paid each year in accordance with the Protocol and subject to this Agreement and the Protocol in the event of any change to the amount of the contribution as a result of: (a) unusual circumstances, other than natural phenomena, pre- venting fishing activities in Kiribati waters; (b) a reduction in the fishing opportunities granted to Commu- nity vessels, made by mutual agreement for the purposes of managing the stocks concerned, where this is considered necessary for the conservation and sustainable exploitation of resources on the basis of the best available scientific advice; (c) an increase in the fishing opportunities granted to Commu- nity vessels, made by mutual agreement between the parties where the best available scientific advice concurs that the state of resources so permits; (d) a reassessment of the terms of Community financial sup- port for implementing a sectoral fisheries policy in Kiribati, where this is warranted by the results of the annual and mul- tiannual programming observed by both parties; (e) termination of this Agreement under Article 12; (f) suspension of the application of this Agreement under Article 13.

Financial Contribution. 7.1.1 The total financial contribution to the Activity amounts up to: £43,103 (Forty-three thousand one hundred and three pounds) for IPR & product development (funded by ESA and STFC) 7.1.2 For the purpose of this Contract the above mentioned total financial contribution is stated to be a ceiling which amount shall not be exceeded and for which the Incubatee shall perform the Activity in full. At the end of the Contract Term the ceiling amount shall be converted into a firm fixed amount by means of a Conversion Proposal, detailing all costs incurred with all invoices attached, to be submitted by the Incubatee to the SIL. The Incubatee shall prove all expenses from the funding solely with third parties’ invoices used for IPR and product development following the provisions on Article 4 here above. The Incubatee is not authorised to use the above stated funding for reimbursement of his own hours spent in the project. 7.1.3 The above amount does not include any taxes and duties.

Financial Contribution. The Union shall grant The Gambia a financial contribution under this Agreement in order to: support part of the access costs of Union vessels to the Gambian fishing zone and fisheries resources, without prejudice to the access costs borne by the ship-owners; reinforce The Gambia's capacity to develop a sustainable fisheries policy through sectoral support. The financial contribution for sectoral support shall be dissociated from the payments regarding access costs and shall be determined and conditioned by the achievements of the objectives of The Gambia's sectoral support in accordance with the Protocol and the annual and multiannual programming for its implementation. The financial contribution granted by the Union shall be paid each year in accordance with the Protocol. The amount of the contribution referred to in paragraph 1(a) may be revised by the Joint Committee in respect of: (i) a reduction in the fishing opportunities granted to Union vessels for the purposes of managing the stocks concerned, where this is considered necessary for the conservation and sustainable exploitation of resources on the basis of the best available scientific advice; (ii) an increase in the fishing opportunities granted to Union vessels, where the best available scientific advice concurs that the state of resources so permits; The amount of the contribution referred to in paragraph 1(b) may be revised as a result of a reassessment of the terms of the financial contribution for implementing the sectoral fisheries policy of The Gambia, where this is warranted by the specific results of the annual and multiannual programming observed by both Parties; The contribution may be suspended as a result of: (i) the application of Article 15 of this Agreement; (ii) the application of Article 16 of this Agreement.