IMI JU financial contribution Sample Clauses

IMI JU financial contribution. 1. The IMI JU financial contribution to the project shall be determined by applying the upper funding limits indicated in Article II.15, per activity and per beneficiary to the actual eligible costs and/or to the flat rates and/or lump sums accepted by the IMI JU.
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IMI JU financial contribution. 2.1. Upper funding limits for beneficiaries (Article II.15) The reimbursement of eligible costs must be established following the principles of co- financing and non-profit. The upper funding limit fixes the maximum rate of reimbursement of eligible costs per activity and per beneficiary. However, the resulting total IMI JU funding for the project cannot go beyond the maximum IMI JU financial contribution agreed in Article 5 regardless of the total eligible costs of the project. It is possible for a beneficiary to request a lower reimbursement rate (for instance, to allow another beneficiary to claim the upper funding limit while respecting the maximum IMI JU financial contribution). However, it is not possible for a beneficiary to request lower rate to allow another beneficiary to claim reimbursement beyond the funding limit, even if the maximum IMI JU contribution is respected. The following upper funding limits are applied in IMI JU projects:
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Related to IMI JU financial contribution

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