FINANCING DECISIONS AND FINANCING AGREEMENTS. Following the entry into force of the FWA and of this Agreement, and after the adoption by the Commission of a financing decision approving the IPARD II programme, a Financing Agreement shall be concluded in accordance with Article 6(3) of the IPA II Implementing Regulation. The Financing Agreement shall set out the breakdown of the multi-annual legal commitments and the period of validity of those commitments, which shall be broken down over several years into annual instalments. The Financing Agreement shall be revised on an annual basis to take account of the amounts provided for in the budget of the Union and, where appropriate, to consider amendments to this Agreement.
Appears in 4 contracts
Samples: Sectoral Agreement, Sectoral Agreement, Sectoral Agreement
