Maximum financial contribution of the Union Sample Clauses

Maximum financial contribution of the Union. 1. The maximum financial contribution of the Union to the project shall be EUR [insert amount] ([insert amount in words] EURO). The actual financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement. 2. Details of the financial contribution of the Union are contained in Annex I to this grant agreement which includes: - a table of the estimated breakdown of budget and financial contribution of the Union per activity to be carried out by each of the beneficiaries under the project. Beneficiaries are allowed to transfer budget between different activities and between themselves in so far as the work is carried out as foreseen in Annex I. - [a table per beneficiary specifying the budget to be reimbursed as a lump sum. Beneficiaries are not allowed to transfer financial contribution of the Union to the part to be reimbursed as a lump sum. The latter does not apply to beneficiaries from International Cooperation partner countries.]5 3. The bank account of the coordinator to which all payments of the financial contribution of the Union shall be made is: Name of account holder: Name of bank: Account reference: IBAN/sort code and number

Maximum financial contribution of the Union. 1. The maximum financial contribution of the Union to the project shall be EUR 2,695,652.00 (two million six hundred and ninety-five thousand six hundred and fifty-two EURO). The actual financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement. 2. Details of the financial contribution of the Union are contained in Annex I to this grant agreement which includes: - a table of the estimated breakdown of budget and financial contribution of the Union per activity to be carried out by each of the beneficiaries under the project. Beneficiaries are allowed to transfer budget between different activities and between themselves in so far as the work is carried out as foreseen in Xxxxx X. 3. The bank account of the coordinator to which all payments of the financial contribution of the Union shall be made is: Name of account holder: Eidgenössische Technische Hochschule Zürich Name of bank: Zürcher Kantonalbank Account reference: XX0000000000000000000

Maximum financial contribution of the Union. 1. The maximum financial contribution of the Union to the project shall be EUR 3.420.000,00 (three million four hundred twenty thousand euros). The financial contribution of the Union shall be limited to 50% of the eligible costs. The actual financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement. 2. Annex I contains an indicative breakdown of the budget and the financial contribution of the Union between beneficiaries. Beneficiaries are allowed to transfer budget amounts between themselves provided the work is carried out as described in Xxxxx X. The coordinator shall notify any such transfer to the Commission without unjustified delay.

Maximum financial contribution of the Union. 1. The maximum financial contribution of the Union to the project shall be EUR [insert amount] ([insert amount in words] EURO). The actual financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement. 2. Details of the financial contribution of the Union are contained in Annex I to this grant agreement which includes: - a table of the estimated breakdown of budget and financial contribution of the Union per activity to be carried out by the beneficiary under the project. The beneficiary is allowed to transfer budget between different activities in so far as the work is carried out as foreseen in Annex I. - [a table specifying the budget to be reimbursed as a lump sum. The beneficiary is not allowed to transfer thefinancial contribution of the Union to the part to be reimbursed as a lump sum. The latter does not apply to beneficiaries from international cooperation partner countries.]3 3. The bank account of the beneficiary to which all payments of the financial contribution of the Union shall be made is: Name of account holder: Name of bank: Account reference: IBAN/sort code and number Article 5 Pre-financing

Maximum financial contribution of the Union. 1. The maximum financial contribution of the Union to the project shall be EUR [insert amount] ([insert amount in words] EURO). The actual financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement. 2. The financial contribution of the Union shall be in the form of a grant to the budget as specified in the table indicating the estimated breakdown of budget included in Annex I. 2 A template with minimum requirements based on the provisions in Annex II is provided by the Agency.

Maximum financial contribution of the Union. 1. The maximum financial contribution of the Union to the project shall be EUR 9,000,000.00 (nine million EURO). The actual financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement. 2. Details of the financial contribution of the Union are contained in Annex I to this grant agreement which includes: - a table of the estimated breakdown of budget and financial contribution of the Union per activity to be carried out by each of the beneficiaries under the project. Beneficiaries are allowed to transfer budget between different activities and between themselves in so far as the work is carried out as foreseen in Xxxxx X. 3. The bank account of the coordinator to which all payments of the financial contribution of the Union shall be made is: Name of account holder: ISTITUTO NAZIONALE DI FISICA NUCLEARE Name of bank: UNICREDIT SPA - Filiale INFN Account reference: XX00X0000000000000000000000

Maximum financial contribution of the Union. 1. The maximum financial contribution of the Union to the project shall be EUR 385,763.00 (three hundred and eighty-five thousand seven hundred and sixty-three EURO). The actual financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement. 2. Details of the financial contribution of the Union are contained in Annex I to this grant agreement which includes: - a table of the estimated breakdown of budget and financial contribution of the Union per activity to be carried out by each of the beneficiaries under the project. Beneficiaries are allowed to transfer budget between different activities and between themselves in so far as the work is carried out as foreseen in Xxxxx X. 3. The bank account of the coordinator to which all payments of the financial contribution of the Union shall be made is: Name of account holder: Institute of Hydromechanics NASU Name of bank: JSCB Ukrsotsbank Account reference: 26008030170403 Article 6 - Pre-financing A pre-financing of EUR 308,610.40 (three hundred and eight thousand six hundred and ten EURO and forty cents) shall be paid to the coordinator within 45 days following the date of entry into force of this grant agreement. The coordinator shall distribute the pre-financing only to the beneficiaries who have acceded to the grant agreement and after the minimum number of beneficiaries required by the Rules for Participation as detailed in the call for proposals to which the project is related, have acceded to the grant agreement. Beneficiaries hereby agree that the amount of EUR 19,288.15 (nineteen thousand two hundred and eighty-eight EURO and fifteen cents), corresponding to the beneficiaries' contribution to the Guarantee Fund referred to in Article II.20 and representing 5% of the maximum financial contribution of the Union referred to in Article 5.1, is transferred in their name by the Commission from the pre-financing into the Guarantee Fund. However, beneficiaries are deemed to have received the full pre-financing referred to in the first indent and will have to justify it in accordance with the grant agreement.

Maximum financial contribution of the Union. 1. The maximum financial contribution of the Union to the project shall be EUR 3,752,997.00 (three million seven hundred and fifty two thousand nine hundred and ninety seven EURO). The actual financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement. 2. Details of the financial contribution of the Union are contained in Annex I to this grant agreement which includes: - a table of the estimated breakdown of budget and financial contribution of the Union per activity to be carried out by each of the beneficiaries under the project. Beneficiaries are allowed to transfer budget between different activities and between themselves in so far as the work is carried out as foreseen in Xxxxx X. 3. The bank account of the coordinator to which all payments of the financial contribution of the Union shall be made is: Name of account holder: University of Latvia Name of bank: NORDEA Bank Finland Plc Latvia branch Account reference: XX00XXXX0000000000000

Maximum financial contribution of the Union. 1. The maximum financial contribution of the Union to the project shall be EUR [insert amount] (in words: [insert amount in words] euros). [(Pilot projects) The financial contribution of the Union shall be limited to [up to 50%] of the eligible costs.] [(Best practice networks) The financial contribution of the Union shall be limited to [up to 80%] of the eligible direct costs. Indirect costs shall not be eligible.] [(Thematic network – actual cost) The financial contribution of the Union 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 financial contribution of the Union shall be [up to 100%] of eligible costs.] [(Thematic network – lump sum) The financial contribution of the Union 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 financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement. 2. Annex I contains an indicative breakdown of the budget and the financial contribution of the Union between beneficiaries. [Beneficiaries are allowed to transfer budget amounts between themselves provided the work is carried out as descr...

Maximum financial contribution of the Union. 1. The maximum financial contribution of the Union to the project shall be EUR [insert amount] ([insert amount in words] EURO). The actual financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement. The maximum Commission financial contribution to each beneficiary is set out in Annex III to this grant agreement. 2. Details of the financial contribution of the Union are contained in Annex III to this grant agreement which includes a table of the estimated breakdown of budget and pre- financing. Beneficiaries are not allowed to transfer budget or tasks as defined in Annex I without the prior written approval of the Commission and the corresponding amendment of this grant agreement. 3. The Commission shall pay directly to each beneficiary sums due under the grant agreement. For the coordinator, payments will be made to the following bank account or sub-account denominated in euro, as indicated below.4 [ACRONYM] Name of bank: […] Address of branch: […] Precise denomination of the account holder: […] Account reference: IBAN/sort code and number 2 The start date cannot be prior to the submission date of the proposal. It can be set before the date of entry into force of the grant agreement only in case the consortium can demonstrate the need to start the project before the grant agreement is signed by both parties.