GRANT UTILIZATION. 5.1 The Grant shall be used by the Grantee only to cover the direct expenses of the Project during the Implementation Period of the Project according to the budget plan which forms Attachment No. 1 hereof (the "Budget"). Up to 15% of the Grant may be used to cover Project overhead costs (operating costs directly linked to the Project).
5.2 The expenses required for the Project from the Grant cannot exceed the approved amount.
5.3 The Grant may be used only during the contracted Implementation Period. The part of the Grant not used during the Implementation Period shall be returned by the Grantee to the Fund upon request within 15 working days.
5.4 The Grantee shall use the Grant according to the Budget in an efficient and cost-effective way.
5.5 Any change in the qualified expenses as stated in the Budget exceeding the amount of €1,000.00 in individual budget category requires the prior approval of the statutory representative of the Fund. For such approval to be granted a written request of the Grantee is required in which the need of such change shall be justified. Without the approval of the Fund the Grant may not be used to cover such changed expenses exceeding the amount qualified in the Budget.
5.6 The financial resources of the Grant other than overhead costs cannot be used for:
a) capital investments (tangible/intangible assets);
GRANT UTILIZATION. 6.1 The Grant shall be used by the Grantee only to cover the direct expenses of the Project during the Implementation Period of the Project according to the budget plan which forms Attachment No. 2 hereof (the “Budget”). Up to 15% of the Grant may be used to cover Project overhead costs (operating costs directly linked to the Project).
6.2 The expenses required for the Project from the Grant cannot exceed 100% of overall expenses of the Project.
6.3 The Grant may be used only during the contracted Implementation Period. The part of the Grant not used during the Implementation Period shall be returned by the Grantee to the Fund upon request within 15 working days.
6.4 The Grantee shall use the Grant according to the Budget in an efficient and cost-effective way.
6.5 Any change in the qualified expenses as stated in the Budget exceeding the amount of €1,000.00 in individual budget line requires the prior approval of the Executive Director of the Fund. For such approval to be granted a written request of the Grantee is required in which the need of such change shall be justified. Without the approval of the Fund the Grant may not be used to cover such changed expenses exceeding the amount qualified in the Budget.
6.6 The Grantee may ask for a potential change in the utilization of the Grant in writing. The Grant may be utilized in a manner different than agreed upon in this Contract only with the written approval of the Fund.
6.7 The financial resources of the Grant other than overhead costs cannot be used for:
a) capital investments (tangible/intangible assets),
b) VAT refund for Grantees who request VAT compensation from local authorities,
c) the Grantee’s own indirect costs (electricity/gas/water/telephone bills, etc.),
d) internal costs or invoices (rent of one’s own premises, one’s own accommodation and board),
e) Xxxxxxx’s own work—e.g. coordination of the Project, salaries, financial remuneration of employees, etc. (or any expenses related to employment based on the Labor Code, including daily allowances, part-time work, etc.),
f) overhead costs exceeding 15% of the Grant
GRANT UTILIZATION. The Grant shall be used by the Grantee only to cover the direct expenses of the Project during the Implementation Period of the Project according to the budget pian which forms Attachment No. l hereof (the "Budget"). Up to 15% ofthe Grant may be used to cover Project overhead costs (operating costs directly linked to the Project). The expenses required for the Project from the Grant cannot exceed the approved amount. The Grant may be used only during the contracted lmplementation Period. The part of the Grant not used during the lmplementation Period shall be returned by the Grantee to the Fund upon request within 15 working days. The Grantee shall use the Grant according to the Budget in an efficient and cost-effective way.
GRANT UTILIZATION. 1. The Grant shall be used by the Grantee only to cover the direct expenses of the Project during the Implementation Period of the Project according to the budget plan. Up to 15% of the Grant may be used to cover Project overhead costs (operating costs directly linked to the Project), and up to 7% of the Grant may be used to cover tangible and intangible assets (purchases of goods directly related to the implementation of the project).
2. The expenses required for the Project from the Grant cannot exceed 70% of overall expenses of the Project.
3. The Grant may be used only during the contracted Implementation Period. The part of the Grant not used during the Implementation Period shall be returned by the Grantee to the Fund upon a request within 15 working days.
4. The Grantee shall use the Grant according to the Budget in an efficient and cost-effective way.
GRANT UTILIZATION. 1. The Grant shall be used by the Grantee only to cover the direct expenses of the Project during the Implementation Period of the Project according to the budget plan. Up to 15% of the Grant may be used to cover Project overhead costs (operating costs directly linked to the Project).
2. The expenses required for the Project from the Grant cannot exceed 70% of overall expenses of the Project.
3. The Grant may be used only during the contracted Implementation Period. The part of the Grant not used during the Implementation Period shall be returned by the Grantee to the Fund upon a request within 15 working days.
4. The Grantee shall use the Grant according to the Budget in an efficient and cost-effective way.
GRANT UTILIZATION. 5.1 The Grant shall be used by the Grantee only to cover the direct expenses of the Project during the Implementation Period of the Project according to the List of Events which forms Attachment No. 1 hereof.
5.2 The expenses required for the Project from the Grant cannot exceed the approved amount.
5.3 The Grant may be used only during the contracted Implementation Period. The part of the Grant not used during the Implementation Period shall be returned by the Grantee to the Fund upon request within 15 working days.
5.4 The Grantee shall use the Grant according to the Budget in an efficient and cost-effective way.
5.5 The Budget is constructed as a lump sum based on the number of direct participants and the number of days as detailed in the List of Events which forms Attachment No. 1 hereof. In case the number of direct participants and/or the number of days is lower, the Fund reserves the right to lower the 2nd/Final instalment in the amount according to the Fund’s rules set in the V4 Gen Guidelines and/or request the return of funds from the 1st instalment.
5.6 The financial resources of the Grant other than overhead costs cannot be used for:
a) capital investments (tangible/intangible assets);
GRANT UTILIZATION. 5.1 The Grant shall be used by the Grantee only to cover the direct expenses ofthe Project during the Tmplementation Period ofthe Project according to the budget pian which forms Attachment No. 1 hereof(the "Budget"). Up to 15% ofthe Grant may be used to cover Project overhead costs (operating costs directly linked to the Project).
5.2 The expenses required for the Project from the Grant cannot exceed the approved amount.
5.3 The Grant may only be used during the contracted Implementation Period. The part of the Grant not used during the Implementation Period shall be returned by the Grantee to the Fund upon request within 15 working days.
5.4 The Grantee shall use the Grant according to the Budget in an efficient and cost-effective way.
5.5 Any change in the qualified expenses as stated in the Budget exceeding the amounts in individua! budget categories as specified in the Grant Guidelines requires the prior approval of the statutory representative of the Fund. For such approval to be granted a request must be submitted in the Online System with proper justification. Without the Funďs approval, the Grant may not be used to cover such changed expenses exceeding the amount qualified in the Budget.
GRANT UTILIZATION. 6.1 The Chant shall be used by the Grantee only to cover the direct expenses o f the Project during the Implementation Period o f the Project according to the budget plan which forms Attachment No. 2 hereof (the “ Budget”). Up to 15% o f the Grant may be used to cover Project overhead costs (operating costs directly linked to the Project).
6.2 The Grant may be used only during the agreed upon Implementation Period. The part o f the Grant not used during the Implementation Period shall be returned by the Grantee to the Fund w ithin 15 working days o f the end of the agreed upon Implementation Period.
6.3 The Grantee shall use the Grant according to the Budget in an efficient and cost-effective way.
6.4 Any change in the qualified expenses as stated in the Budget exceeding the amount o f EUR 1.000 requires the prior approval o f the Executive Director o f the Fund. For such approval to be granted a written request o f the Grantee is required in which the need o f such change shall be justified. Without the approval o f the Fund the Grant may not be used to cover such changed expenses exceeding the amount qualified in the Budget.
6.5 The Grantee may ask for a potential change in the utilization o f the Grant in writing. The Grant may be utilized in a manner different than agreed upon in this Contract only with the written approval o f the Fund.
6.6 The financial resources o f the Grant other than overhead costs cannot be used for:
a) capital investments,
b) VAT refund for Grantees who request VAT compensation from local authorities,
c) the G rantee's own indirect costs (electricity/gas/water/telephone bills, etc.).
d) internal costs or invoices (rent o f one’s own premises, one’s own accommodation and board),
e) salaries or financial remuneration o f employees, etc. (or any expenses related to employment based on the Labor Code, including daily allowances, part-time work, etc.) 0 overhead costs exceeding 15% o f the Grant
GRANT UTILIZATION. I The Grant shall be used by the Grantee only to cover the direct expenses ofthe Project during the Implementation Period ofthe Project according to the budget pian which forms Attachment No. 2 hereof (the "Budget"). Up to 15% ofthe Grant may be used to cover Project overhead costs (operating costs directly linked to the Project).
GRANT UTILIZATION. The Grant shall be used by the Grantee only to cover the direct expenses of the Project during the Implementation Period of the Project according to the List of Events which forms Attachment No. 1 hereof.
