Common use of Other financial issues Clause in Contracts

Other financial issues. 10.1. To ensure that Commission funds will remain available, and can be fully utilised, the maximum EU contributions will be expressed as absolute amounts complemented by a percentage of total eligible expenditures for grants. Where the EU contribution is expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures, and the conditions of implementation or expected level of funding are likely to change, the UN organisation will consult the Commission without delay so as to agree on appropriate measures, such as increasing the percentage of eligible expenditures.

Other financial issues. 10.1. To ensure that Commission funds will remain available, and can be fully utilised, the maximum EU contributions will be expressed as absolute amounts complemented complemented, where appropriate, by a percentage of total eligible expenditures for grants. Where the EU contribution is expressed as the lower of an absolute amount and a percentage of projected total eligible expenditures, and the conditions of implementation or expected level of funding are likely to change, the UN organisation will consult the Commission without delay so as to agree on appropriate measures, such as increasing the percentage of eligible expenditures.