Financial contribution — Methods of payment Sample Clauses

Financial contribution — Methods of payment. 1. The financial contribution referred to in Article 7 of the Agreement shall comprise, for the period referred to in Article 1(2): – an annual amount of EUR 260 000 equivalent to a reference tonnage of 4 000 tonnes per year, and – a specific amount of EUR 140 000 per year for the support and implementation of Solomon Islands' sectoral fisheries policy. This specific amount shall form an integral part of the single financial contribution defined in Article 7 of the Agreement. 2. Paragraph 1 of this Article shall apply subject to Articles 4, 5, 6 and 7 of this Protocol. 3. The Community shall pay the total amount fixed in paragraph 1 of this Article (i.e. EUR 400 000) each year during the period of application of this Protocol. 4. If the overall quantity of catches by Community vessels in Solomon Islands' fishing zones exceeds the reference tonnage, the amount of the annual financial contribution shall be increased by EUR 65 for each additional tonne caught. However, the total annual amount paid by the Community may not be more than twice the amount indicated in paragraph 3 of this Article (EUR 800 000). Where the quantities caught by Community vessels exceed the quantities corresponding to twice the total annual amount, the amount due for the quantity exceeding that limit shall be paid the following year. 5. Payment of the financial contribution laid down in paragraph 1 of this Article shall be made no later than 1st December 2010 in the first year and no later than the anniversary date of the Protocol for the following years. 6. Subject to Article 7, the allocation of these funds shall be decided within the framework of the Solomon Islands Financial Instructions and, this being the case, the Solomon Islands authorities shall have full discretion regarding the use to which it is put. 7. The payments provided for in this Article shall be paid into a Public Treasury bank account opened at the Central Bank of Solomon Islands the details of which shall be notified each year by the Solomon Islands authorities to the Community.
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Financial contribution — Methods of payment. 1. The financial contribution referred to in Article 7 of the Agreement shall comprise, for the period referred to in Article 1, an annual amount of EUR 650 000 equivalent to a reference ton- nage of 10 000 tonnes per year and a specific amount of EUR 250 000 per year for the support and implementation of Mozambique’s sectoral fisheries policy. This specific amount shall be an integral part of the single financial contribution defined in Article 7 of the Agreement. 2. Paragraph 1 shall apply subject to Articles 4, 5, 6 and 7 of this Protocol. 3. The Community shall pay the total amount referred to in paragraph 1, i.e. EUR 900 000, each year during the period of application of this Protocol. 4. If the overall quantity of catches by Community vessels in Mozambican waters exceeds the reference tonnage, the amount of the annual financial contribution shall be increased by EUR 65 for each additional tonne caught. However, the total annual amount paid by the Community shall not be more than twice the amount equivalent to the reference tonnage (EUR 1 300 000). Where the quantities caught by Community vessels exceed the quantities corresponding to twice the total annual amount, the amount due for the quantity exceeding that limit shall be paid the following year. 5. Payment of the financial contribution referred to in para- graph 1 shall be made no later than 31 October 2007 for the first year and no later than 15 January 2008, 2009, 2010 and 2011 for the following years. 6. Subject to Article 7, the Mozambican authorities shall have full discretion regarding the use to which this financial contribu- tion is paid. 7. The financial contribution shall be paid into a Public Trea- sury account opened at a financial institution designated by the Mozambican Authorities.
Financial contribution — Methods of payment. 1. The financial contribution referred to in Article 7 of the Agreement shall comprise, for the period referred to in Article 1(1), an annual amount of EUR 325 000 equivalent to a reference tonnage of 5 000 tonnes per year and a specific amount of EUR 125 000 per year for the support and im­ plementation of Guinea’s sectoral fisheries policy. This specific amount shall form an integral part of the single financial contri­ bution (1) defined in Article 7 of the Agreement. If additional fishing opportunities are granted, in accordance with Article 1(2), the financial contribution referred to in Article 7 of the Agreement shall also comprise, for the period referred to in Article 1(2), an amount of up to EUR 300 000 per year in proportion to the increase in fishing opportunities. The amounts referred to above shall be supplemented by a specific Community contribution of EUR 600 000 for the first year, EUR 400 000 for the second year and EUR 300 000 for the following years in order to reinforce the xxxx­ xxxxxx, control and surveillance system in Guinea’s fishing zones and enable Guinea to acquire a satellite surveillance system by 30 June 2010. This contribution shall be managed in accordance with Article 7 of this Protocol. 2. Paragraph 1 shall apply subject to Articles 4, 5, 6 and 7 of this Protocol. 3. The Community shall pay the total amount fixed in paragraph 1 (i.e. EUR 1 050 000 for the first year and, where appropriate, EUR 1 150 000 for the second year and EUR 1 050 000 for the following years) each year during the period of application of this Protocol (2). These amounts shall not prejudice any changes in fishing opportunities or any inclusion of new fishing opportunities which may be decided in accordance with Articles 4 and 5 of this Protocol. (1) The contribution referred to in the first subparagraph of Article 1 shall be supplemented by the contributions provided for in Chapter II of this Annex, which are paid direct to Guinea and are estimated at EUR 118 000 per year, exclusive of charges in connection with the surveillance and research contribution. (2) These amounts shall be supplemented by the contributions provided for in Chapter II of this Annex, which are paid directly to Guinea and are estimated at EUR 118 000 per year, exclusive of charges in connection with the surveillance and research contribution. 4. If the overall quantity of catches by Community vessels in Guinea’s fishing zones exceeds the reference tonnage, the amount of the ann...
Financial contribution — Methods of payment. 1. The financial contribution referred to in Article 7 of the Agreement shall comprise, for the period referred to in Article 1, an annual amount of EUR 416 000 equivalent to a reference tonnage of 6 400 tonnes per year and a specific amount of EUR 62 400 per year for the support and implementation of ini- tiatives taken in the context of the Kiribati sectoral fisheries policy. This specific amount shall be an integral part of the single financial contribution defined in Article 7 of the Agreement. 2. Paragraph 1 shall apply subject to Articles 4, 5 and 7 of this Protocol. 3. The Community shall pay the sum of the amounts referred to in paragraph 1, EUR 478 400 each year during the period of application of this Protocol. 4. If the overall quantity of catches by Community vessels in Kiribati waters exceeds 6 400 tonnes per year as provided in the Article 2.1 of the Protocol, the amount of the financial contribu- tion, as provided in the Article 2.1 of the Protocol, (EUR 416 000) shall be increased by EUR 65 for each additional tonne caught. However, the total annual amount paid by the Community shall not be more than twice the amount indicated in paragraph 3 (EUR 956 800). Where the quantities caught by Community vessels exceed the quantities corresponding to twice the total annual amount, the amount due for the quantity exceed- ing that limit shall be paid the following year. 5. Payment of the financial contribution referred to in para- graph 1 shall be made no later than 30 June 2007 for the first year and no later than 30 June 2008, 2009, 2010, 2011 and 2012 for the following years. 6. Subject to Article 7, the Kiribati authorities shall have full discretion regarding the use to which this financial contribution is put. 7. The share of the financial contribution indicated in Article 7(1) of this Protocol shall be paid into the Kiribati Gov- ernment account No 4 with the ANZ Bank of Kiribati, Ltd, Betio, Tarawa (Fisheries Development Fund) opened for the Kiribati Government by the Ministry of Finance. The remaining share of the financial contribution shall be paid into the Kiribati Govern- ment account No 1 with the ANZ Bank of Kiribati Ltd, Betio, Tarawa opened for the Kiribati Government by the Ministry of Finance. 8. The financial contribution concerning the measures set out in the Article 5 of the previous protocol which have not been paid at its expiring date shall be paid under the present protocol.
Financial contribution — Methods of payment. 1. The financial contribution referred to in Article 7 of the Agreement shall comprise, for the period referred to in Article 1, an annual amount of EUR 864 500 equivalent to a reference ton- nage of 13 300 tonnes per year and a specific amount of EUR 332 500 per year for the support and implementation of Madagascar’s sectoral fisheries policy. This specific amount shall be an integral part of the single financial contribution defined in Article 7 of the Agreement. 2. Paragraph 1 shall apply subject to Articles 4, 5, 6 and 7 of this Protocol. 3. The Community shall pay the total amount referred to in paragraph 1, i.e. EUR 1 197 000, each year during the period of application of this Protocol. (1) The licences for vessels over 100 GT may also be used for vessels of 100 GT or below. However, the standard amounts provided for in point 3 of Section 2 of Chapter 1 of the Annex shall be those corre- sponding to the tonnage of the vessel. 4. If the overall quantity of catches by Community vessels in Malagasy waters exceeds the reference tonnage, the amount of the annual financial contribution shall be increased by EUR 65 for each additional tonne caught. However, the total annual amount paid by the Community shall not be more than twice the amount indicated in paragraph 3 (EUR 2 394 000). Where the quantities caught by Community vessels exceed the quantities correspond- ing to twice the total annual amount, the amount due for the quantity exceeding that limit shall be paid the following year. 5. Payment of the financial contribution referred to in para- graph 1 shall be made no later than 31 December 2007 for the first year and no later than 28 February 2008, 2009, 2010, 2011 and 2012 for the following years. 6. Subject to Article 7, the Malagasy authorities shall have full discretion regarding the use to which this financial contribution is put. 7. The financial contribution shall be paid into a Public Trea- sury account opened at the Banque Centrale de Madagascar. The account reference is as follows: Agence Comptable Centrale du Trésor Public with the Banque Centrale de Madagascar Antan- inarenina — Antananarivo — Madagascar — account No: 213 101 000 125 TP EUR.
Financial contribution — Methods of payment. 1. For the period referred to in Article 1, the financial contribution referred to in Article 7 of the Fisheries Partnership Agreement shall be EUR 435 000. 2. The financial contribution shall comprise: (a) an annual amount for access to the Exclusive Economic Zone (EEZ) of Cape Verde of EUR 325 000, equivalent to a reference tonnage of 5 000 tonnes per year; and (b) a specific amount of EUR 110 000 per year for supporting the implementation of the sectoral fisheries policy of Cape Verde. 3. Paragraph 1 shall apply subject to Articles 3, 4, 5, 7 and 8 of this Protocol and Articles 12 and 13 of the Fisheries Part­ nership Agreement. 4. If the overall quantity of catches by European Union vessels in Cape Xxxxxxx xxxxxx exceeds 5 000 tonnes per year, the amount of the financial contribution of EUR 325 000 will be increased by EUR 65 for each additional tonne caught. However, the total annual amount paid by the Union shall not be more than twice the amount indicated in paragraph 2(a) (EUR 325 000). Where the quantities caught by European Union vessels exceed the quantities corresponding to twice the total annual amount, the amount due for the quantity exceeding that limit shall be paid the following year. 5. Payment of the financial contribution due under paragraph 2(a) and (b) above shall be made within 60 days of the entry into force of the Protocol for the first year and by the anniversary date of the Protocol for subsequent years. 6. The Cape Verdean authorities shall have full discretion regarding the use to which the financial contribution referred to in paragraph 2(a) is put. 7. The financial contribution shall be paid into a single Public Treasury account opened with a financial institution specified by the Cape Verdean authorities.
Financial contribution — Methods of payment. 1. For the period referred to in Article 1, the financial contribution referred to in Article 7 of the Fisheries Partnership Agreement shall be EUR 1 800 000. 2. The financial contribution comprises: (a) an annual amount for access to the Union of the Comoros's fishing zone of EUR 300 000, equivalent to a reference tonnage of 6 000 tonnes per year, and (b) a specific amount of EUR 300 000 per year to support the implementation of the Union of the Comoros's sectoral fisheries policy. 3. Paragraph 1 shall apply subject to Articles 5, 6, 7 and 8 of this Protocol and Articles 12 and 13 of the Agreement. 4. The European Union shall pay the financial contribution referred to in paragraph 1 at the rate of EUR 600 000 per year during the period of application of this Protocol, corresponding to the sum of the annual amounts referred to in paragraph 2(a) and (b). 5. Payment of the financial contribution laid down in paragraph 2(a) for access by EU vessels to the fishing zone of the Union of the Comoros shall be made by the European Union no later than 90 days after the date of provisional appli­ cation of the Protocol, and in the following years no later than 60 days after the anniversary date of its provisional application. 6. The parties shall ensure regular monitoring of catches taken by EU vessels in the fishing zone of the Union of the Comoros. To this end, the parties shall regularly analyse data on the catch and effort of EU vessels operating in the fishing zone of the Union of the Comoros, notably within the Joint Committee. 7. If the overall quantity of catches by EU vessels in the fishing zone of the Union of the Comoros exceeds the reference tonnage specified in paragraph 2(a), the total amount of the annual financial contribution shall be increased by EUR 50 for each additional tonne caught during the year in question. However, the total annual amount paid by the European Union shall not be more than twice the amount specified in paragraph 2(a) (EUR 600 000). Where the quantities caught by EU vessels exceed the quantities corresponding to twice the total annual amount, the amount due for the quantity exceeding that limit shall be paid the following year. 8. The Comorian authorities shall have full discretion regarding the use to which the financial contribution referred to in paragraph 2(a) is put. 9. The financial contribution specified in Article 2(2) of this Protocol shall be paid into a Public Treasury account opened with the Central Bank of the Como...
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Financial contribution — Methods of payment. 1. The total value of the Protocol, for the period referred to in Article 1, is estimated at EUR 3 300 000. 2. The amount referred to in the first paragraph breaks down as follows: — EUR 2 100 000 by way of the financial contribution referred to in Article 7 of the Agreement, allocated as follows: (a) an annual amount as financial compensation for access to resources of EUR 275 000 per year for the first and second year and EUR 250 000 per year for the third and fourth year, equivalent to a reference tonnage of 5 000 tonnes per year; (b) a specific amount to support the implementation of Cape Verde's sectoral fisheries policy of EUR 275 000 per year for the first and second year and EUR 250 000 per year for the third and fourth year; — EUR 1 200 000, corresponding to the estimated fees payable by the vessel owners for fishing licences issued under Articles 5 and 6 of the Agreement according to the procedures set out in Chapter II, point 3, of the Annex. 3. Paragraph 1 shall apply subject to Articles 3, 4, 5, 7 and 8 of this Protocol and Articles 12 and 13 of the Agreement. 4. If the overall quantity of catches by Union vessels in Cape Xxxxxxx xxxxxx exceeds the reference tonnage laid down in paragraph 2(a), the amount of the financial contribution laid down in paragraph 2(a) shall be increased, for each addi­ tional tonne caught, by EUR 55 the first two years and by EUR 50 the remaining two years. However, the total annual amount paid by the Union shall not be more than twice the amount indicated in paragraph 2(a). Where the quantities caught by Union vessels exceed the quantities corresponding to twice the total annual amount, the amount due for the quantity exceeding that limit shall be paid the following year. 5. Payment of the financial contribution laid down in paragraph 2(a) and (b) shall be made no later than 90 days after the date of provisional application of the Protocol the first year and no later than the anniversary date of the Protocol the following years. 6. The Cape Verdean authorities shall have full discretion regarding the use to which the financial contribution referred to in paragraph 2(a) is put. 7. The financial contribution shall be paid into a single Public Treasury account opened with a financial institution specified by the Cape Verdean authorities.
Financial contribution — Methods of payment. 1. For the period referred to in Article 1, the total financial contribution referred to in Article 7 of the Agreement shall be EUR 3 050 000 for the whole duration of this Protocol. 2. This total financial contribution shall comprise: (a) an annual amount for access to the Malagasy fishing zone of EUR 975 000 equivalent to a reference tonnage of 15 000 tonnes per year, and (b) a specific amount of EUR 550 000 per year for supporting and implementing Madagascar's sectoral fisheries policy and maritime policy. 3. Paragraph 1 shall apply subject to Articles 3, 5, 6, 8 and 9. 4. The Union shall pay the financial contribution referred to in paragraph 1 at the rate of EUR 1 525 000 per year during the period of application of this Protocol, corresponding to the total amount set out in points (a) and (b) of paragraph 2. 5. If the total quantity of catches of tuna by EU vessels in Madagascar's fishing zone exceeds 15 000 tonnes per year, the amount of the annual financial contribution for access rights shall be EUR 65 for each additional tonne caught. However, the total annual amount paid by the Union shall not be more than twice the amount indicated in point (a) of paragraph 2 above. If the amounts caught by EU vessels in Madagascar's fishing zone exceed the quantities corresponding to twice the total annual amount, the amount due in respect of the quantity exceeding that limit shall be paid the following year, in accordance with the Annex. In order to anticipate any possible exceeding of the reference tonnage, the two parties shall adopt a system allowing ongoing catch monitoring. 6. Payment shall be made no later than 90 days after this Protocol's provisional application, as referred to in Article 15, for the first year, and no later than the anniversary date of this Protocol for the following years. 7. Madagascar shall have full discretion regarding the use of the financial contribution specified in point (a) of Article 2(2). 8. The financial contribution shall be paid or transferred into a unique Public Treasury account opened at the Madagascar Central Bank. The account reference is as follows: Agence Comptable Centrale du Trésor public with the Banque Centrale de Madagascar Antaninarenina, Antananarivo, Madagascar - account no: 213 101 000 125 TP EUR.

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