Financing and Payments Sample Clauses

Financing and Payments. Sitra shall finance the Project in accordance with the budget estimation included in the Project Plan at maximum the total amount of EUR X. Furthermore, the value of the advisory work EUR xx shall be considered as Xxxxx´s financing to the Project. In accordance with applicable law, VAT shall not be collected and paid for financing services. The Partner represents and warrants that the declaration of the amounts of existing de minimis financing granted to the Partner prior to the signing of this agreement, as attached to this agreement as appendix 3, is true and correct in all respects and that the Partner therefore is eligible to receive the financing granted to it under this agreement. The financing (maximum amount EUR) (including actual financing and advisory work) under the Agreement is granted as de minimis aid in accordance with Commission regulation (EU) No 1407/2013 of 18 December 2013, on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid, published in the Official Journal of the European Union 24 December 2013 (hereinafter called the “Regulation”). De minimis aid as set forth in this Agreement is granted on the date of the financing decision of Sitra on [add the date of the decision here]. The total amount of de minimis aid granted per Member State to a single undertaking shall not exceed EUR 200 000 over any period of three fiscal years. De minimis aid shall be deemed granted at the moment the legal right to receive the aid is conferred on the undertaking under the applicable national legislation irrespective of the date of payment of the de minimis aid to the undertaking. The period of three fiscal years shall be determined by reference to the fiscal years used by the undertaking in the Member State concerned. The Partner hereby represents and warrants that the de minimis aid granted by Sitra under this Agreement does not exceed the Partner’s 200 000 EUR de minimis maximum in the period of last three fiscal years. Parties agree, and the Partner understands and represents and warrants that the above-mentioned de minimis notification by Xxxxx is Xxxxx`s declaration and announcement as required by the Regulation to the Partner about the amount and character of the financing as de minimis aid in accordance with the Regulation. Sitra will not give any separate de minimis aid declaration and announcement to the Partner. The Partner shall observe and take into account the financing granted u...
Sample 1
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Financing and Payments. Sitra shall finance the Project in accordance with the budget estimation included in the Project Plan at maximum the total amount of EUR X. Furthermore, the value of the advisory work EUR xx shall be considered as Xxxxx´s financing to the Project. In accordance with applicable law, VAT shall not be collected and paid for financing services. The Partner shall record the Project costs separately in the Partners accounting and maintain and keep this separate record, so that the amount and basis of the costs can be verified later, if necessary. In addition, the Partner shall report to Sitra regarding the Project and the actual costs incurred in it in accordance with appendices 1 A and 1 B. The Partner shall provide Sitra with all information regarding the use of the funding granted under this Agreement as requested by Xxxxx. Sitra has the right to audit the use of the funding using a third-party auditor, to the extent Sitra deems it necessary. Sitra shall finance the Project in [two] separate instalments against the Partner’s invoices, which have been approved by Xxxxx, as follows: 1. instalment EUR X at latest [date], provided that: - this Agreement has been signed by both Parties, - the Managing Body has been appointed - [other project-specific terms] 2. instalment EUR X at latest [date], provided that: - The Project has been fully completed in accordance with the Project Plan and the terms of this Agreement, the costs incurred in the Project have been reported to Sitra in accordance with appendices 1A and 1B and Sitra has accepted the Cost Statement Reports, - The Final Administrative Report, detailed in section 7.1, has been delivered to Sitra and Xxxxx has accepted it, Sitra’s funding equals [X] % of the Project budget estimation. Partner’s own contribution for the Project equals [X] % of the Project’s budget estimation. In the event that the actual Project costs are less than estimated as per the budget, Sitra’s funding shall be adjusted accordingly. The Partner commits to refund Xxxxx’s funding if the Project does not materialize. Should the Project be implemented on a smaller scale than planned, the sum returned to Sitra should be in proportion to the level of implementation of the Project.
Sample 1
Financing and Payments. 1. The VET traineeship is financed from EU Founds of Erasmus + programme. 2. The sending institution is obliged to pay to the host institution the following amounts : - accomodation and boarding costs –1240EUR per participant for 31 nights/32 days 3. The sending institution is obliged to pay to the host institution the following amounts for each accompanying person: - accomodation and boarding costs–1240EUR per accompanying teacher for 31 nights/32 days, - all costs will be paid after recieving invoices sent bySOVERATO TOTAL BEAUTY SAS, hotel. 4. The payment of all the expences will be devided and paid in two parts : - 80% of total amount 1 month before the mobility - 20% of total amount 1 week after the mobility.
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Financing and Payments. 5. The VET traineeship is financed from EU Founds of Erasmus + programme. 6. The sending institution is obliged to pay to the host institution the following amounts : - accomodation and boarding costs –1240EUR per participant for 31 nights/32 days 7. The sending institution is obliged to pay to the host institution the following amounts for each accompanying person: - accomodation and boarding costs–1240EUR per accompanying teacher for 31 nights/32 days, - all costs will be paid after recieving invoices sent byIT HOTELS GROUP. 8. The payment of all the expences will be devided and paid in two parts : - 80% of total amount 1 month before the mobility - 20% of total amount 1 week after the mobility.
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Financing and Payments. 7.1 The Center of European Projects undertakes to finance a maximum of PLN 969.662,93 for the whole project, however not more than 97% of the total eligible costs submitted with the request for payment of the balance and approved by the Center of European Projects. 7.2 The transfer of the CEP’s contribution to the Co-Beneficiaries will be made in three instalments: a) Upon entry into force of the Consortium Agreement, a pre-financing payment of 30% of the maximum funding for each Co-beneficiary shall be paid by the Coordinator; b) Next pre-financing payments shall be paid to beneficiaries subject to having used at least 70% of the first pre-financing instalment. The instalment will be transferred only after the approval of the Interim Report by the CEP. c) Payment of the balance: outstanding claims after submission of the Cobeneficiary’s final financial report and the final payment from the CEP. 7.3 The total value of the project (in EUR and PLN with exchange rate), the budget assigned to each transnational partner; Task Partner 1 WSZiC Budget (EUR and PLN) Partner 2 Forcoop XXXX Xxxxxxx sc Budget (EUR and PLN) Partner 3 Work Service S.A. Budget (EUR and PLN) Partner 4 T.S. Iron Man Budget (EUR and PLN) Total budget (EUR and PLN) WP 1 AFTERMATCH Draft Model transfer and adaptation, 405.000,00 PLN 92.240,03 EUR 0,00 PLN 0,00 EUR 16.500,00 PLN 3798,69 EUR 0,00 PLN 0,00 EUR 421.500,00 PLN 97.039,32 EUR WP2 AFTERMATCH Model Testing 69.000,00 PLN 15.885,44 EUR 0,00 PLN 0,00 EUR 133.600,00 PLN 30.757,90 EUR 13.250,00 PLN 3.050,47 EUR 215.850,00 PLN 46.693,80 EUR WP3 AFTERMATCH final survey 28.240,00 PLN 6.501,52 EUR 0,00 PLN 0,00 EUR 0,00 PLN 0,00 EUR 0,00 PLN 0,00 EUR 28.240,00 PLN 6.501,52 EUR WP4 Implementation into practice 85.092,00 PLN 19.590,20 EUR 0,00 PLN 0,00 EUR 33.500,00 PLN 7.712,50 EUR 15.540,00 3.577,68 EUR 134.132,00 PLN 30.880,38 EUR Indirect costs 146.833,00 PLN 33.804,45 0,00 PLN 0,00 EUR 45.900,00 PLN 10.567,27 EUR 7.197,50 PLN 1.657,04 EUR 199.930,50 PLN 46.028,75 EUR 1 EUR = 4,3436 PLN (EC, September monthly accounting rate of the euro)
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Financing and Payments. De-commitment of unused funds
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Financing and Payments. The NIAB commits itself to giving the amount of fifty eigh thousand Euros (58 000 €) to GEVES, which is equivalent to 50% of its overall budgeted costs over the period of the project (36 months), as described in Appendix 1. The payments will be done according to the following agenda: - twenty thousand two hundred and fifty four euros (20 254 €) within 30 working days after the receipt by the NIAB of the first interim payment from CPVO, and after the submission by GEVES to the NIAB of an interim report and a financial statement before XXX, 0000, - twenty eight thousand seven hundred and thirty six euros (28 736 €) within 30 working days after the receipt by the NIAB of the second interim payment from CPVO, and after the submission by GEVES to the NIAB of an interim report and a financial statement before XXX, 0000, - nine thousand and ten euros (9 010 €) within 30 working days after the receipt by the NIAB of the CPVO payment of the balance of the grant, and after the submission by GEVES to the NIAB of a final report and a financial statement before XXX, 0000. These amounts will be made to the GEVES’s bank account indicated below: Name of bank: CIC Address of branch: ST XXXXXXX EN YVELINES Denomination of the account holder: GEVES Account number: 30066-10879-00010023201-43
Sample 1
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Financing and Payments 
Sample 1

Related to Financing and Payments

  • Pricing and Payments 5.1 In exchange for the Deliverables, the Supplier must invoice the Buyer for the charges in the Order Form. 5.2 All Charges: 5.2.1 exclude VAT, which is payable on provision of a valid VAT invoice; and 5.2.2 include all costs and expenses connected with the supply of Deliverables. 5.3 The Buyer must pay the Supplier the charges within 30 days of receipt by the Buyer of a valid, undisputed invoice, in cleared funds to the Supplier's account stated in the invoice or in the Order Form. 5.4 A Supplier invoice is only valid if it: 5.4.1 includes all appropriate references including the Purchase Order Number and other details reasonably requested by the Buyer; and 5.4.2 includes a detailed breakdown of Deliverables which have been delivered. 5.5 If there is a dispute between the Parties as to the amount invoiced, the Buyer shall pay the undisputed amount. The Supplier shall not suspend the provision of the Deliverables unless the Supplier is entitled to terminate the Contract for a failure to pay undisputed sums in accordance with clause 11.6. Any disputed amounts shall be resolved through the dispute resolution procedure detailed in clause 36. 5.6 The Buyer may retain or set-off payment of any amount owed to it by the Supplier under this Contract or any other agreement between the Supplier and the Buyer if notice and reasons are provided. 5.7 The Supplier must ensure that all Subcontractors are paid, in full, within 30 days of receipt of a valid, undisputed invoice. If this doesn't happen, the Buyer can publish the details of the late payment or non-payment.

  • Funding and Payment A. Tuition and fee payments in the amounts set forth in Section 6 are due from students at registration. A payment plan is available upon request. Payment is required by the stated due date; all tuition and fees must be collected and remitted to the College prior to the beginning of classes. Failure to pay by the due date will result in the student being dropped from classes. B. Financial Aid is not available to dual credit students. The Higher Education Technical Amendments of 1987 (P.L. 100-50) states, “A student who is enrolled in an elementary or secondary school is not eligible for Title IV assistance for any courses taken at the post- secondary level for the same period” [Compilation of Federal Regulations (CFR) 668.7(a)(2)]. C. The state funding for dual credit courses will be available to both the District and the College based on the current funding rules of TEA and the THECB. The College may only claim funding for students receiving college credit in core curriculum, career and technical education, foreign language dual credit courses, and classes in a Field of Study or Program of Study. D. If a student requests to take a class more than twice, he or she will be responsible for the tuition for that course and $ 50.00 per semester hour for the course. Technical courses are exempt from this fee. (see Xxxxx College Catalog – College Expenses) E. The College is not responsible for the transportation of dual credit students.

  • Billing and Payments Transmission Provider shall bill the Interconnection Customer for the Costs associated with the facilities contemplated by this ISA, estimates of which are set forth in the Specifications to this ISA, and the Interconnection Customer shall pay such Costs, in accordance with Section 11 of Appendix 2 to this ISA and the applicable Interconnection Construction Service Agreement. Upon receipt of each of Interconnection Customer’s payments of such bills, Transmission Provider shall reimburse the applicable Interconnected Transmission Owner. Pursuant to Section 212.4 of the Tariff, Interconnection Customer requests that Transmission Provider provide a quarterly cost reconciliation:

  • Invoicing and Payments II.4.1 Pre-financing:

  • Pricing and Payment Prices for each Product and any terms and conditions for invoicing and payment will be established by Customer’s Reseller.

  • Collection and Payment The Trustees shall have power to collect all property due to the Trust; to pay all claims, including taxes, against the Trust Property or the Trust, the Trustees or any officer, employee or agent of the Trust; to prosecute, defend, compromise or abandon any claims relating to the Trust Property or the Trust, or the Trustees or any officer, employee or agent of the Trust; to foreclose any security interest securing any obligations, by virtue of which any property is owed to the Trust; and to enter into releases, agreements and other instruments. Except to the extent required for a corporation formed under the Delaware General Corporation Law, the Shareholders shall have no power to vote as to whether or not a court action, legal proceeding or claim should or should not be brought or maintained derivatively or as a class action on behalf of the Trust or the Shareholders.

  • Invoicing and Payment All work performed by the Contractor must be approved in advance by the State. Once work has been completed, delivered and accepted by the State, invoicing can occur. The State’s payment terms are net 30 days. SOW-RFP PROJECT NAME: PRICE PROPOSAL: $ _ COMPLETION DATE: ACKNOWLEDGEMENT OF ADDENDUMS (IF APPLICABLE) 1.

  • Billing and Payment The Price will be itemized and included on your bill from the DSP, and is due and payable to the DSP on the same day your DSP bill is due. You will continue to be billed by your DSP taxes and other charges consistent with filed tariffs at the Illinois Commerce Commission to transmit and distribute the Retail Power supplied to you per this Agreement. You should continue to follow any bill payment procedures set forth between you and the DSP. You agree to accept the measurements as determined by the DSP for purposes of accounting for the amount of Retail Power services provided by Homefield Energy under this Agreement. If the DSP is unable to read your meter, the DSP will estimate your usage and your charges will be calculated accordingly and adjusted on a future bill. Homefield Energy’s ability to supply you under this Agreement is conditioned on the DSP accepting Homefield Energy’s enrollment of your account for consolidated billing and purchase of receivables by the DSP. If you are not eligible for your DSP’s consolidated billing and purchase of receivables, you will need to secure eligibility with your DSP before Homefield Energy can serve you. Should the DSP cease providing consolidated billing and purchase of receivables for your account and/or commence billing Homefield Energy for any charges relating to you, Homefield Energy will bill you directly and you will pay Homefield Energy for all such charges pursuant to the payment provisions specified in Homefield Energy’s bill.

  • Advances and Payments (a) On the date requested by the Borrower for the funding of each Loan, the Agent shall be authorized (but not obligated) to advance, for the account of each of the Lenders, the amount of the Loan to be made by it in accordance with provisions of Article 2 hereof. Each of the Lenders hereby authorizes and requests the Agent to advance for its account, pursuant to the terms hereof, the amount of the Loan to be made by it, and each of the Lenders agrees forthwith to reimburse the Agent in immediately available funds for the amount so advanced on its behalf by the Agent. If any such reimbursement is not made in immediately available funds on the same day on which the Agent shall have made any such amount available on behalf of any Lender, such Lender shall pay interest to the Agent at a rate per annum equal to the Agent's cost of obtaining overnight funds in the New York Federal Funds Market for the first day following the time when such Lender fails to make the required reimbursement, and thereafter at a rate per annum equal to the Alternate Rate. (b) Any amounts received by the Agent in connection with this Agreement or the Notes the application of which is not otherwise provided for, shall be applied, first, to pay accrued but unpaid Commitment Fees in accordance with the Lenders' unused Commitments, second, to pay accrued but unpaid interest on the Notes in proportion to the amounts owed to each Lender, third, to repay the principal balance outstanding on the Notes (allocated in accordance with the outstanding amounts thereof owing to each Lender as set forth on the Schedule of Commitments attached as Schedule 1.1 hereto) and fourth, to pay other amounts payable to the Agent. All amounts to be paid to any of the Lenders by the Agent shall be credited to the Lenders, after collection by the Agent, in immediately available funds either by wire transfer or deposit in such Lender's correspondent account with the Agent, or as such Lender and the Agent shall from time to time agree.

  • Disbursements and Payments Each disbursement by the Bank and each payment by the Borrower will be: (a) made at the Bank's branch (or other location) selected by the Bank from time to time; (b) made for the account of the Bank's branch selected by the Bank from time to time; (c) made in immediately available funds, or such other type of funds selected by the Bank; (d) evidenced by records kept by the Bank. In addition, the Bank may, at its discretion, require the Borrower to sign one or more promissory notes.

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