Common use of General Payment Terms Clause in Contracts

General Payment Terms. 2.1. The currency for the Contract is euro (EUR). When necessary, costs shall be converted to euro using the monthly accounting rate for the month in which the cost is incurred as stated on xxxx://xx.xxxxxx.xx/budget/inforeuro/. 2.2. Payment shall be made by EFI within 14 calendar days from receiving invoice, but in any case only following approval of output/deliverables, when such approval is a precondition for payment. 2.3. The obligation for EFI to make payments under the Contract shall end eighteen (18) months after the end of the implementation period, unless the Contract is terminated before that in accordance with these General conditions. 2.4. The Parties shall bear their own costs for any service fees charged by banks or other financial institutions when payments under this Contract are sent or received. Contractor shall however bear all costs charged to EFI by banks and other financial institutions when EFI is unable to transmit payments to Contractor due to incomplete or incorrect banking details given by Contractor or for other reasons independent of EFI. EFI may deduct such costs from payments due to Contractor under this Contract. 2.5. Contractor undertakes to refund to EFI any amounts paid by EFI to Contractor for tasks to be performed and outputs to be delivered which at the date of termination of this Contract have not been performed or delivered (“amounts paid in advance”). Contractor undertakes to refund to EFI amounts paid in advance, within seven (7) days of termination of this Contract. EFI may recover the balance of any amounts paid in advance not refunded as a debt due and payable by Contractor to EFI. 2.6. The Contract price is all-inclusive and EFI will therefore not in addition to this price pay any taxes, costs relating to social security or similar costs. Contractor is liable for, and shall pay taxes, social security contributions and any other charges in accordance with legislation applicable to Contractor. 2.7. Contractor commits to respect applicable legislation with regard to any payment received from EFI, in particular regarding taxation, social security matters and working rights. EFI may inform any tax authority or other authority about any payment made under this Contract.

General Payment Terms. 2.1. The currency for the Contract is euro (EUR). When necessary, costs shall be converted to euro using the monthly accounting rate for the month in which the cost is incurred as stated on xxxx://xx.xxxxxx.xx/budget/inforeuro/.xxxxx://xx.xxxxxx.xx/info/funding-tenders/procedures- guidelines-tenders/information-contractors-and-beneficiaries/exchange-rate- inforeuro_en. 2.2. Payment shall be made by EFI within 14 calendar days from receiving invoice, but in any case only following approval of output/deliverables, when such approval is a precondition for payment. 2.3. The obligation for EFI to make payments under the Contract shall end eighteen (18) months after the end of the implementation period, unless the Contract is terminated before that in accordance with these General conditions. 2.4. The Parties shall bear their own costs for any service fees charged by banks or other financial institutions when payments under this Contract are sent or received. Contractor shall however bear all costs charged to EFI by banks and other financial institutions when EFI is unable to transmit payments to Contractor due to incomplete or incorrect banking details given by Contractor or for other reasons independent of EFI. EFI may deduct such costs from payments due to Contractor under this Contract. 2.5. Contractor undertakes to refund to EFI any amounts paid by EFI to Contractor for tasks to be performed and outputs to be delivered which at the date of termination of this Contract have not been performed or delivered (“amounts paid in advance”). Contractor undertakes to refund to EFI amounts paid in advance, within seven (7) days of termination of this Contract. EFI may recover the balance of any amounts paid in advance not refunded as a debt due and payable by Contractor to EFI. 2.6. The Contract price is all-inclusive and EFI will therefore not in addition to this price pay any taxes, costs relating to social security or similar costs. Contractor is liable for, and shall pay taxes, social security contributions and any other charges in accordance with legislation applicable to Contractor. 2.7. Contractor commits to respect applicable legislation with regard to any payment received from EFI, in particular regarding taxation, social security matters and working rights. EFI may inform any tax authority or other authority about any payment made under this Contract.

General Payment Terms. 2.1. The currency for the Contract is euro (EUR). When necessary, costs shall be converted to euro using the monthly accounting rate for the month in which the cost is incurred as stated on xxxx://xx.xxxxxx.xx/budget/inforeuro/. 2.2. Payment shall be made by EFI within 14 30 calendar days from receiving invoice, but in any case only following approval of output/deliverables, when such approval is a precondition for payment. 2.3. The obligation for EFI to make payments under the Contract shall end eighteen (18) months after the end of the implementation period, unless the Contract is terminated before that in accordance with these General conditions. 2.4. The Parties shall bear their own costs for any service fees charged by banks or other financial institutions when payments under this Contract are sent or received. Contractor shall however bear all costs charged to EFI by banks and other financial institutions when EFI is unable to transmit payments to Contractor due to incomplete or incorrect banking details given by Contractor or for other reasons independent of EFI. EFI may deduct such costs from payments due to Contractor under this Contract. 2.5. Contractor undertakes to refund to EFI any amounts paid by EFI to Contractor for tasks to be performed and outputs to be delivered which at the date of termination of this Contract have not been performed or delivered (“amounts paid in advance”). Contractor undertakes to refund to EFI amounts paid in advance, within seven (7) days of termination of this Contract. EFI may recover the balance of any amounts paid in advance not refunded as a debt due and payable by Contractor to EFI. 2.6. The Contract price is all-inclusive all‐inclusive and EFI will therefore not in addition to this price pay any taxes, costs relating to social security or similar costs. Contractor is liable for, and shall pay taxes, social security contributions and any other charges in accordance with legislation applicable to Contractor. 2.7. Contractor commits to respect applicable legislation with regard to any payment received from EFI, in particular regarding taxation, social security matters and working rights. EFI may inform any tax authority or other authority about any payment made under this Contract.

General Payment Terms. 2.1. The currency for the Contract is euro (EUR). When necessary, costs shall be converted to euro using the monthly accounting rate for the month in which the cost is incurred as stated on xxxx://xx.xxxxxx.xx/budget/inforeuro/. 2.2. Payment shall be made by EFI within 14 calendar days from receiving invoice, but in any case only following approval of output/deliverables, when such approval is a precondition for payment. 2.3. The obligation for EFI to make payments under the Contract shall end eighteen (18) months after the end of the implementation period, unless the Contract is terminated before that in accordance with these General conditions. 2.4. The Parties shall bear their own costs for any service fees charged by banks or other financial institutions when payments under this Contract are sent or received. Contractor shall however bear all costs charged to EFI by banks and other financial institutions when EFI is unable to transmit payments to Contractor due to incomplete or incorrect banking details given by Contractor or for other reasons independent of EFI. EFI may deduct such costs from payments due to Contractor under this Contract. 2.5. Contractor undertakes to refund to EFI any amounts paid by EFI to Contractor for tasks to be performed and outputs to be delivered which at the date of termination of this Contract have not been performed or delivered (“amounts paid in advance”). Contractor undertakes to refund to EFI amounts paid in advance, within seven (7) days of termination of this Contract. EFI may recover the balance of any amounts paid in advance not refunded as a debt due and payable by Contractor to EFI. 2.6. The Contract price is all-inclusive all‐inclusive and EFI will therefore not in addition to this price pay any taxes, costs relating to social security or similar costs. Contractor is liable for, and shall pay taxes, social security contributions and any other charges in accordance with legislation applicable to Contractor. 2.7. Contractor commits to respect applicable legislation with regard to any payment received from EFI, in particular regarding taxation, social security matters and working rights. EFI may inform any tax authority or other authority about any payment made under this Contract.