Common use of Financial Framework Clause in Contracts

Financial Framework. The NPD will allocate up to NOK to the Project, exclusive of any value-added tax. The amount constitutes the total framework for the Project. The NPD will not cover expenses that exceed the framework unless agreed in writing by the parties as an addendum to the contract.

Financial Framework. The NPD will allocate up to NOK 720 000 to the Project, exclusive of any value-added tax. The amount constitutes the total framework for the Project. The NPD will not cover expenses that exceed the framework unless agreed in writing by the parties as an addendum to the contractparties.