Common use of Payment flows Clause in Contracts

Payment flows. The Programme Operator shall ensure that funds are available for payments to projects in a timely manner. Payments of the project grant may take the form of advance payments, interim payments and final payments. Advance payments can be up to 30% of the total awarded grant amount in accordance with Slovenian national legislation and if funds are available at the Programme Operator's designated budget lines within the State budget. The advance payment shall be paid to Project Promoter in line with Slovenian national legislation in 30 days following the signature of the Project Contract. Subsequent interim payments shall be paid no later than 30 days after the approval of Project Interim Reports. The frequency of interim reporting to the Programme Operator shall be based on an agreed timetable. Final payment will be paid after the approval of a final project report. For projects of which Project Promoters are direct State budget users there are no actual payment transfers between the Programme Operator and the Project Promoter. In this situation the programme funding is stated as appropriations within the national budget on Project Promoter's designated budget lines.

Payment flows. The Programme Operator shall ensure that funds are available for payments to projects in a timely manner. Payments of the project grant may take the form of advance payments, interim payments and final payments. Advance payments can be up to 30% of the total awarded grant amount in accordance with Slovenian national legislation and if funds are available at the Programme Operator's designated budget lines within the State budget. The advance payment shall be paid to the Project Promoter in line with Slovenian national legislation in within 30 days following the signature of the Project Contract. Subsequent interim payments shall be paid no later than 30 days after the approval of Project Interim Reports. The frequency of interim reporting to the Programme Operator shall be based on an agreed timetable. Final payment will be paid after the approval of a final project report. For projects of which Project Promoters are direct State budget users there are no actual payment transfers between the Programme Operator and the Project Promoter. In this situation the programme funding is stated as appropriations within the national budget on Project Promoter's designated budget lines.

Payment flows. The Programme Operator shall ensure that funds are available for payments to projects in a timely manner. Payments of the project grant may take the form of advance payments, interim payments and final payments. Advance payments can be up to 30% of the total awarded grant amount in accordance with Slovenian national legislation and if funds are available at the Programme Operator's designated budget lines within the State budget. The advance payment shall be paid to the Project Promoter in line with Slovenian national legislation in 30 days following the signature of the Project Contract. Subsequent interim payments shall be paid no later than 30 days after the approval of Project Interim Reports. The frequency of interim reporting to the Programme Operator shall be based on an agreed timetable. Final payment will be paid after the approval of a final project report. For projects of which Project Promoters are direct State budget users there are no actual payment transfers between the Programme Operator and the Project Promoter. In this situation the programme funding is stated as appropriations within the national budget on Project Promoter's designated budget lines.