Common use of Financial contribution Clause in Contracts

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.

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 60,000 EUR (Fifty Sixty 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.