Common use of FUNDING PAYMENT SCHEDULE Clause in Contracts

FUNDING PAYMENT SCHEDULE. 4.1 The NC3Rs will use all reasonable endeavours to pay the Funding in full to the Contractor within [insert] days of receiving a signed copy of this Agreement. Time shall not be of the essence for such payment. In the event that the Contractor is unable to commence the Study until the Funding is received, it shall not be obliged to commence the Study until Funding is received provided that it provides written notice of this fact to the NC3Rs. 4.2 [insert either The Study will be funded by the NC3Rs; there will be no in-kind contributions from the Sponsors of the challenge during this phase. OR The Study will be funded by the NC3Rs and supported by in-kind contributions from the Sponsor(s) of the challenge as specified below.

FUNDING PAYMENT SCHEDULE. 4.1 The NC3Rs will use all reasonable endeavours to pay the Funding in full to the Contractor within [insert] thirty (30) days of receiving a signed copy of this AgreementAgreement and the completion of the first meeting with the Sponsors, which should be held before XX January 20XX. Time shall not be of the essence for such payment. In the event that the Contractor is unable to commence the Study until the Funding is received, it shall not be obliged to commence the Study until Funding is received provided that it provides written notice of this fact to the NC3Rs. 4.2 [insert either The Study will be funded by the NC3Rs; there will be no in-kind contributions from the Sponsors of the challenge during this phase. OR The Study will be funded by the NC3Rs and supported by in-kind contributions from the Sponsor(s) of the challenge as specified below.

FUNDING PAYMENT SCHEDULE. 4.1 The NC3Rs will use all reasonable endeavours to pay the Funding in full to the Contractor within [insert] thirty (30) days of receiving a signed copy of this Agreement. Time shall not be of the essence for such payment. In the event that the Contractor is unable to commence the Study until the Funding is received, it shall not be obliged to commence the Study until Funding is received provided that it provides written notice of this fact to the NC3Rs. 4.2 [insert either The Study will be funded by the NC3Rs; there will be no in-kind contributions from the Sponsors of the challenge during this phase. OR The Study will be funded by the NC3Rs and supported by in-kind contributions from the Sponsor(s) of the challenge as specified below.