Common use of FUNDING AND PAYMENTS Clause in Contracts

FUNDING AND PAYMENTS. 12.1 The Co-ordinator shall distribute any funding received from the Commission according to the following principles: - the distribution shall reflect the Consortium Budget as set out in Annex 2 to this Agreement as it may be amended from time to time, - the distribution of funding shall be subject to the provisions of the Grant Agreement and of this Article 12.

Appears in 1 contract

Samples: Consortium Agreement

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FUNDING AND PAYMENTS. 12.1 8.1 The Co-ordinator shall distribute any funding received from the Commission according to the following principles: - the distribution shall reflect the Consortium Budget as set out in Annex 2 to this Agreement as it may be amended from time to time, - the distribution of funding shall be subject to the approval by the Commission of Project Deliverables including costs statements, - the distribution of funding shall be subject to the provisions of the Grant Agreement and of this Article 128.

Appears in 1 contract

Samples: Consortium Agreement

FUNDING AND PAYMENTS. 12.1 The Co-ordinator shall distribute any funding received from the Commission according to the following principles: - the distribution shall reflect the Consortium Budget as set out in Annex 2 to this Agreement as it may be amended from time to time, - the distribution of funding shall be subject to the approval by the Commission of Project Deliverables including financial statements, - the distribution of funding shall be subject to the provisions of the Grant Agreement and of this Article 12.

Appears in 1 contract

Samples: Consortium Agreement

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FUNDING AND PAYMENTS. 12.1 9.1 The Co-ordinator Coordinator shall distribute any funding received from the Commission according to the following principles: - the distribution shall reflect the Consortium Budget as set out in Annex 2 2A and 2B to this Agreement as it may be amended from time to timetime by a decision of the GB, - the distribution of funding shall be subject to the provisions of the Grant Agreement and of this Article 129.

Appears in 1 contract

Samples: Consortium Agreement

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