Obligations and Responsibilities of the Beneficiary. The obligations and responsibilities of the Beneficiary are defined in detail in the Annex 2 ‐ Guidelines for Applicants. of interest, the Beneficiary must formally notify this situation to the Contractor without delay and immediately take all the necessary steps to rectify this situation.
Obligations and Responsibilities of the Beneficiary. 2.2.1 The Beneficiary agrees to – • Regularly update the Campus Strategic Plan as a living document involving key stakeholders and retaining the strategic direction intact with the original concept developed during its initial preparation before the MOU for Autonomy was signed. • Prepare a Campus Restructuring Plan after PCL phase out in line with the Campus Strategic Plan and submit to TU-PIO within 1 month of signing this document. • Publish audited statement of account with audit observation of the institution including the program regularly. • Publish annual report with information about the program regularly; the report can be published separately or be a part of the institutional report. • Comply with performance indicators. • Establish baseline for the performance indicators. • Set up monitoring and evaluation system.
Obligations and Responsibilities of the Beneficiary. The obligations and responsibilities of the Beneficiary are defined in detail in the Annex 1 – Description of the Experiment, and the Annex 2 ‐ Guidelines for Applicants. Additionally, the Beneficiary shall take every necessary precaution to avoid any risk of conflict of interest relating to economic interests, political or national affinities, personal or any other interests liable to influence the impartial and objective performance of the Experiment. In case the Beneficiary is involved in a conflict of interest or in a risk of conflict of interest, the Beneficiary must formally notify this situation to the Contractor without delay and immediately take all the necessary steps to rectify this situation. [for groups of individuals only]: The Beneficiary commits to set up a legal SME if reaching the funding, as per the Guidelines for Applicants. To this end, the Beneficiary signs the Commitment to set up a SME contained in Annex 3 at the time of signature of this Contract. Once the SME is legally set up, the Beneficiary will sign the Declaration of SME status contained in Annex 4 and will provide the relevant documentation.
Obligations and Responsibilities of the Beneficiary. The obligations and responsibilities are defined in detail in Guidelines for Applicants. The beneficiaries must take all measures to prevent any situation where the impartial and objective implementation of the Agreement could be compromised relating to economic interests, political or national affinities, personal or any other direct or indirect interest (‘conflict of interests’). Furthermore, the beneficiaries must take all measures to prevent any situation where the impartial and objective implementation of the Service and Subgrantee Agreement could be compromised. Specifically, this relates to the contractual, effective and efficient delivery of the agreed services, as well as, in relation to confidentiality, security, ethics, data protection. Beneficiaries are requested to perform diligent record-keeping in relation to the interaction with impact builders (financial documentation and reports). Beneficiaries must formally notify the granting authority (X2.0 Coordinator) without delay of any situation constituting or likely to lead to a conflict of interests or an emergence of a conflict, allowing the coordinator to immediately take all the necessary steps to rectify the emerged situation Furthermore, the Beneficiary shall provide true and accurate documentation and declarations as defined in Article 1.1.
Obligations and Responsibilities of the Beneficiary. 3.1 The activity performed by the enterprise for which the registered office is rented must be exclusively in accordance with the law of the Republic of Moldova and other normative acts. Any other purpose that may injure, restrict the rights of another party or is illegal is forbidden. In the event of non-compliance with this provision, the Contractor shall have the right to terminate the contract unilaterally without prior notice and with the reimbursement by the beneficiary of the losses caused by the latter.
