Maximum Community financial contribution Sample Clauses

Maximum Community financial contribution. 1. The maximum Community financial contribution to the project shall be EUR [insert amount] ([insert amount in words] EURO). The actual Community financial contribution shall be calculated in accordance with the provisions of this grant agreement.
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Maximum Community financial contribution. 1. The maximum Community financial contribution to the project shall be EUR [insert amount] (in words: [insert amount in words] euros). [(Pilot projects) The Community financial contribution shall be limited to [up to 50%] of the eligible costs.] [(Best practice networks) The Community financial contribution shall be limited to [up to 80%] of the eligible direct costs. Indirect costs shall not be eligible.] [(Thematic network – actual cost) The Community financial contribution shall not finance the entire costs of the project. It shall be limited to the additional costs of coordinating and implementing the network. Eligible direct costs for beneficiaries other than the coordinator shall be limited to travel and subsistence expenses as well as personnel costs incurred for the elaboration of any of the deliverables described in Annex I. The Community financial contribution shall be [up to 100%] of eligible costs.] [(Thematic network – lump sum) The Community financial contribution shall cover the additional costs of coordinating and implementing the thematic network. It shall take the form of flat-rate financing based on scale-of-unit cost and lump sums. Costs incurred by the coordinator for the coordination of the network shall be financed by an amount of EUR 3000 per year per beneficiary for the first 10 beneficiaries and by an amount of EUR 2000 per year per beneficiary from the 11th beneficiary on. No additional costs may be charged from the 21st beneficiary on. This flat-rate based on scale-of-unit costs covers all costs for the coordination of the network, except costs for attending meetings and events. Costs incurred by any beneficiary other than the coordinator for the implementation of the network as described in Annex I shall be financed by a lump sum of EUR 3000 per year. Costs incurred by any beneficiary, including the coordinator, for the attendance of network meetings and events shall be financed by a lump sum of EUR 5000 per year per beneficiary. The coordinator and the other beneficiaries may not charge any direct or indirect costs other than those indicated above.] The actual Community financial contribution shall be calculated in accordance with the provisions of this grant agreement.

Related to Maximum Community financial contribution

  • Financial contribution Methods of payment

  • FINANCIAL CONTRIBUTIONS 10.1 The Financial Contribution of the CCG and the Council to any Pooled Fund or Non-Pooled Fund for the first Financial Year of operation of each Individual Scheme shall be as set out in the relevant Scheme Specification.

  • Distribution of Financial Contribution The financial contribution of the Funding Authority to the Project shall be distributed by the Coordinator according to: - the Consortium Plan - the approval of reports by the Funding Authority, and - the provisions of payment in Section 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • Maximum Contribution The total amount you may contribute to an IRA for any taxable year cannot exceed the lesser of 100 percent of your compensation or $6,000 for 2019 and 2020, with possible cost- of-living adjustments each year thereafter. If you also maintain a Xxxx XXX (i.e., an IRA subject to the limits of Internal Revenue Code Section (IRC Sec.) 408A), the maximum contribution to your Traditional IRAs is reduced by any contributions you make to your Xxxx IRAs. Your total annual contribution to all Traditional IRAs and Xxxx IRAs cannot exceed the lesser of the dollar amounts described above or 100 percent of your compensation.

  • Negotiated Funding Amount, Board Contributions 4.1.1 Each Board shall pay an amount equal to 1/12th of the annual negotiated funding amount as described in 4.1.2 and 4.1.3 to the Trustees of the ETFO ELHT by the last day of each month from and after the Board’s Participation Date.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Defined Contribution Plan The Employer will establish the following Employer contribution programs in the existing salary deferral plans: » Beginning in 2006 and continuing throughout the term of the Agreement, a performance-based contribution

  • Members Capital Contributions Each Member shall contribute the amount as pledged, or as determined by the Manager and the Member, as the Member’s Initial Capital Contribution upon not less than 48 hours’ notice by the Manager. An Exhibit A may be amended from time to time by the Manager in its sole discretion to represent the current state of Capital Contributions by Members who may join to this Operating Agreement during the course of the business of the Company. The Manager may instead maintain the Capital Contributions, capital accounts and names of Members using its own office systems and personnel without updating or attaching an Exhibit A to this Operating Agreement.

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