Common use of Interest yielded by the pre Clause in Contracts

Interest yielded by the pre. financing provided by the Commission 1. Pre-financing remains the property of the Union until the final payment. 2. The Commission shall recover from the coordinator, for each reporting period following the entry into force of the agreement, the amount of interest generated where the pre-financing exceeds the amounts fixed in the Financial Regulation and its Implementing Rules. PART D: CONTROLS, RECOVERIES AND PENALTIES

Interest yielded by the pre. financing provided by the Commission 1. Pre-financing remains the property of the Union Community until the final payment. 2. The Commission shall recover from the coordinator, for each reporting period following the entry into force of the agreement, the amount of interest generated where the pre-financing exceeds the amounts fixed in the Financial Regulation and its Implementing Rules. PART D: CONTROLS, RECOVERIES AND PENALTIES

Interest yielded by the pre. financing ­financing provided by the Commission 1. Pre-financing Pre­financing remains the property of the Union Community until the final payment. 2. The Commission shall recover from the coordinator, for each reporting period following the entry into force of the agreement, the amount of interest generated where the pre-financing pre­financing exceeds the amounts fixed in the Financial Regulation and its Implementing Rules. PART D: CONTROLS, RECOVERIES AND PENALTIES

Interest yielded by the pre. financing provided by the Commission 1. Pre-financing remains the property of the Union until the final payment. 2. The Commission shall recover from the coordinator, for each reporting period following the entry into force of the agreement, the amount of interest generated where the pre-financing exceeds the amounts fixed in the Financial Regulation and its Implementing Rules. PART D: CONTROLS, RECOVERIES AND PENALTIESPENALTIES‌