Interim Payments. Interim payments may be made by Department, at its discretion, if the completion of deliverables to date have first been accepted in writing by Department's Grant Manager.
Interim Payments. Interim payments are intended to reimburse the beneficiary for expenditure on the basis of a detailed statement of the costs incurred, once the action has reached a certain level of completion. It may clear all or part of any pre-financing. By the appropriate deadline indicated in Article I.5, the beneficiary shall submit a request for interim payment accompanied by the following documents: - an interim report on implementation of the action; - an interim financial statement of the eligible costs actually incurred, following the structure of the estimated budget; - where required by the provisions of Article I.4 on interim payment, a certificate on the action's financial statements and underlying accounts, produced by an approved auditor or, in case of public bodies, by a competent and independent public officer. The certificate shall certify, in accordance with a methodology approved by the Commission, that the costs declared by the beneficiary in the financial statements on which the request of payment is based are real, accurately recorded and eligible and that all receipts have been declared, in accordance with the agreement. The documents accompanying the request for payment shall be drawn up in accordance with the relevant provisions in Article I.5 and the annexes. The beneficiary shall certify that the information provided in his request for payment is full, reliable and true. He shall also certify that the costs incurred can be considered eligible in accordance with the agreement, that all receipts have been declared, and that his request for payment is substantiated by adequate supporting documents that can be checked. On receipt of these documents, the Commission shall have the period specified in Article I.4 in order to: - approve the interim report on implementation of the action; - ask the beneficiary for supporting documents or any additional information it deems necessary to allow the approval of the report; - reject the report and ask for the submission of a new report. Failing a written reply from the Commission within the time limit for scrutiny indicated above, the report shall be deemed to have been approved. Approval of the report accompanying the request for payment shall not imply recognition of the regularity or of the authenticity, completeness and correctness of the declarations and information it contains. Requests for additional information or a new report shall be notified to the beneficiary in writing. If additional informatio...
Interim Payments. Not applicable.
Interim Payments. Amount — Calculation Not applicable
Interim Payments. Interim payments are intended to reimburse the beneficiary for expenditure on the basis of a detailed statement of the costs incurred, once the action has reached a certain level of completion. It may clear all or part of any prefinancing. By the appropriate deadline indicated in Article I.5, the beneficiary shall submit a request for interim payment accompanied by the following documents: - an interim report on implementation of the action; - an interim financial statement of the eligible costs actually incurred, following the structure of the estimated budget;
Interim Payments. Amount — Calculation Interim payments reimburse the eligible costs incurred for the implementation of the specific action during the corresponding reporting periods. The [Commission][Agency] will pay to the partner the amount due as interim payment within 90 days from receiving the periodic report (see Article 16), except if Articles 53 or 54 of the Framework Partnership Agreement apply. Payment is subject to the approval of the periodic report. Its approval does not imply recognition of the compliance, authenticity, completeness or correctness of its content. The amount due as interim payment is calculated by the [Commission][Agency] in the following steps:
Interim Payments. City agrees to pay Artist in installments as set forth in the schedule below and in accordance with the terms of Section 3 of this Agreement.
Interim Payments. No interim payment is foreseen.
Interim Payments. Until such time as the City and the Proponent agree that payments should be paid in accordance with section 5.4, the Proponent will provide an invoice for each occupied Housing Benefit Unit and the City shall pay the invoice in accordance with the terms of invoice.
Interim Payments percentages of value Where the Works, or those works in a Section or Relevant Part, have not achieved practical completion, the percentage of total value in respect of the works that have not achieved practical completion is: [95] per cent (The percentage is 95% unless a different rate is stated) Where the Works, or those works in a Section, have achieved practical completion, the percentage in respect of the completed works is: [97.5] per cent (The percentage is 97.5% unless a different rate is stated)
