Common use of FUNDING AND PAYMENTS Clause in Contracts

FUNDING AND PAYMENTS. 4.1 The budget and funding shares of the Parties are described in detail in the Action Plan. The budget may be changed by mutual written consent of the Parties. At the moment of signing this Agreement the total budget is set at 1 804 954€, from which Helsinki’s funding share is 49,9 % equaling to 918 892 €. Metropolia’s funding share is 50,1 %. Metropolia bills Helsinki biannually based on the agreed project budget, and the annual and mid- term reports accepted by the steering group.

FUNDING AND PAYMENTS. 4.1 The budget and funding shares of the Parties are described in detail in the Action Plan. The budget may be changed by mutual written consent of the Parties. At the moment of signing this Amendment to the Collaboration Agreement the total budget is set at 1 804 954415 596 €, from which Helsinki’s funding share is 49,9 48 % equaling to 918 892 199 223 €. MetropoliaArcada’s funding share is 50,1 52 %. Metropolia bills Helsinki biannually based on the agreed project budget, and the annual and mid- term reports accepted by the steering group.

FUNDING AND PAYMENTS. 4.1 The budget and funding shares of the Parties are described in detail in the Action Plan. The budget may be changed by mutual written consent of the Parties. At the moment of signing this Amendment to the Collaboration Agreement the total budget is set at 1 804 954436 106 €, from which Helsinki’s funding share is 49,9 50 % equaling to 918 892 218 053 €. MetropoliaUniarts Helsinki’s funding share is 50,1 50 %. Metropolia bills Helsinki biannually based on the agreed project budget, and the annual and mid- term reports accepted by the steering group.

FUNDING AND PAYMENTS. 4.1 The budget and funding shares of the Parties are described in detail in the Action Plan. The budget may be changed by mutual written consent of the Parties. At the moment of signing this Amendment to the Collaboration Agreement the total budget is set at 1 804 954924 000 €, from which Helsinki’s funding share is 49,9 50 % equaling to 918 892 962 000 €. MetropoliaAalto’s funding share is 50,1 50 %. Metropolia bills Helsinki biannually based on the agreed project budget, and the annual and mid- term reports accepted by the steering group.

FUNDING AND PAYMENTS. 4.1 The budget and funding shares of the Parties are described in detail in the Action Plan. The budget may be changed by mutual written consent of the Parties. At the moment of signing this Amendment to the Collaboration Agreement the total budget is set at 1 804 954738 818 €, from which Helsinki’s funding share is 49,9 50 % equaling to 918 892 369 409 €. Metropolia’s Xxxxxx’x funding share is 50,1 50 %. Metropolia bills Helsinki biannually based on the agreed project budget, and the annual and mid- term reports accepted by the steering group.