Funding Principles. A Knowledge Institute that spends less than its allocated share of the Project Budget will be funded in accordance with its actual duly justified eligible costs only. A Knowledge Institute that spends more than its allocated share of the Project Budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share unless decided otherwise by the Project Committee.
Appears in 4 contracts
Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement
