Common use of Payment modalities Clause in Contracts

Payment modalities. 11.1. The bank account of the Xxxxx Xxxxxx to which all payments will be made shall be recorded and kept up to date in e-COST. The Xxxxx Xxxxxx shall also register in e-COST without delay any changes to this information. 11.2. Payments will be made in Euro (EUR). 11.3. After signature of this Agreement a notification of payment will be sent to the Xxxxx Xxxxxx. The COST Association will pay a first instalment of up to 50% of the amount stated in Article 4.1 (subject to the deduction of any unspent funds under a previous Grant Period), within thirty (30) calendar days of the above-mentioned notification under the terms and conditions set out in this Agreement. 11.4. The Xxxxx Xxxxxx is entitled to request a second instalment of up to 35% of the amount stated in Article 4.1 if the conditions set out in Article 9.1 are fulfilled. A notification of payment will be sent to the Xxxxx Xxxxxx and the COST Association will pay the second instalment within thirty (30) calendar days of the notification. 11.5. The Xxxxx Xxxxxx is entitled to request a third and last instalment of up to 15% of the amount stated in Article 4.1 if the conditions set out in article 9.1 are fulfilled. A notification of payment will be sent to the Xxxxx Xxxxxx and the COST Association will pay the third and last instalment within thirty (30) calendar days of the notification. 11.6. In exceptional and well justified cases, the COST Administration may on request of the Xxxxx Xxxxxx proceed to an additional instalment, within the limit of the Grant amount specified in Article 4.1, and if the conditions set out in Article 9.1 are fulfilled. 11.7. The payment of the instalments is subject to the availability of funds under the applicable SGA.

Appears in 3 contracts

Samples: Cost Action Grant Agreement, Grant Agreement, Cost Action Grant Agreement

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Payment modalities. 11.1. 5.1 The bank account of the Xxxxx Xxxxxx to which all payments will be made shall be recorded and kept up to date in e-COST. The Xxxxx Xxxxxx shall also register in e-inform the COST Association without delay of any changes to this information... 11.2. 5.2 Payments will be made in Euro (EUR). 11.3. 5.3 After signature of this Agreement a notification of payment will be sent to the Xxxxx Xxxxxx. The COST Association will pay a first instalment of up to 50% of the amount stated in Article 4.1 (subject to the deduction of any unspent funds under a previous Grant Period), within thirty (30) calendar days of the above-mentioned notification under the terms and conditions set out in this Agreement.Agreement and Annex B. 11.4. 5.4 The Xxxxx Xxxxxx is entitled to request a second instalment of up to 35% of the amount stated in Article Article 4.1 if the conditions set out in Article 9.1 7.1 and in Section 2.2.3 of the COST Vademecum (Annex B) are fulfilled. A notification of payment will be sent to the Xxxxx Xxxxxx and the COST Association will pay the second instalment within thirty (30) calendar days of the notification. 11.5. 5.5 The Xxxxx Xxxxxx is entitled to request a third and last instalment of up to 15% of the amount stated in Article 4.1 if the conditions set out in article 9.1 7.1 and in Annex B are fulfilled. A notification of payment will be sent to the Xxxxx Xxxxxx and the COST Association will pay the third and last instalment within thirty (30) calendar days of the notification. 11.6. 5.6 In exceptional and well justified cases, the COST Administration may on request of the Xxxxx Xxxxxx proceed to an additional instalment, within the limit of the Grant amount specified in Article 4.1, and if the conditions set out in Article 9.1 7 and Section 2.2.3 of the COST Vademecum (Annex B) are fulfilled. 11.7. 5.7 The payment of the instalments is subject to the availability of funds under the applicable SGA.

Appears in 1 contract

Samples: Cost Action Grant Agreement

Payment modalities. 11.15.1. The bank account of the Xxxxx Xxxxxx to which all payments will be made shall be recorded and kept up to date in e-COST. The Xxxxx Xxxxxx shall also register in e-inform the COST Association without delay of any changes to this information. 11.25.2. Payments will be made in Euro (EUR). 11.35.3. After signature of this Agreement and at a date to be determined by the COST Association based on the level of activities on the Workplan (Annex A), a notification of payment will be sent to the Xxxxx Xxxxxx. The COST Association will will, notwithstanding article 5.7 hereunder, pay a first instalment of up to 50% of the amount stated in Article 4.1 (subject to the deduction of any unspent funds under a previous Grant Period), within thirty (30) calendar days of the above-mentioned notification under the terms and conditions set out in this Agreement.Agreement and Annex B. 11.45.4. The Xxxxx Xxxxxx is entitled to request a second instalment of up to 35% of the amount stated in Article Article 4.1 if the conditions set out in Article 9.1 7.1 and in the COST Vademecum (Annex B) are fulfilled. A notification of payment will be sent to the Xxxxx Xxxxxx and the COST Association will pay the second instalment within thirty (30) calendar days of the notification. 11.55.5. The Xxxxx Xxxxxx is entitled to request a third and last instalment of up to 15% of the amount stated in Article 4.1 if the conditions set out in article 9.1 7.1 and in the COST Vademecum (Annex B) are fulfilled. A notification of payment will be sent to the Xxxxx Xxxxxx and the COST Association will pay the third and last instalment within thirty (30) calendar days of the notification. 11.65.6. In exceptional and well justified cases, the COST Administration may on request of the Xxxxx Xxxxxx proceed to an additional instalment, within the limit of the Grant amount specified in Article 4.1, and if the conditions set out in Article 9.1 7 and the COST Vademecum (Annex B) are fulfilled. 11.75.7. The payment of the instalments is subject to the availability of funds under the applicable SGA.

Appears in 1 contract

Samples: Cost Action Grant Agreement

Payment modalities. 11.15.1. The bank account of the Xxxxx Xxxxxx to which all payments will be made shall be recorded and kept l<ept up to lo date in e-COST. The Xxxxx Xxxxxx shall also register in e-inform the COST without Association withoul delay of any changes to this information. 11.25.2. Payments will be made in Euro (EUR). 11.35.3. After signature of this Agreement a notification of payment will be sent to the Xxxxx Xxxxxx. The COST Association will pay a first instalment of up to 50% of the amount amounl stated in Article 4.1 (subject to the deduction of any unspent funds under a previous Grant Period), within thirty (30) calendar days clays of the above-mentioned notification under the terms and conditions set out in this Agreement.Agreement and Annex B. 11.45.4. The Xxxxx Xxxxxx is entitled to request a second instalment of up to 35% of the amount stated in Article Article 4.1 if the conditions set out oul in Article 9.1 7 .1 and in Section 2.2.3 of the COST Vademecum (Annex B) are fulfilled. A notification of payment will be sent to the Xxxxx Xxxxxx and the COST Association will pay the second instalment within thirty (30) calendar days of the notification. 11.55.5. The Xxxxx Xxxxxx is entitled to request a third and last instalment of up to lo 15% of the amount stated in Article 4.1 if the conditions set out in article 9.1 7.1 and in Annex B are fulfilled. A notification of payment will be sent to the Xxxxx Xxxxxx and the COST Association will pay the third thírd and last instalment within thirty (30) calendar days of the notification. 11.65.6. In ln exceptional and well justified cases, the COST Administration may on request of the Xxxxx Xxxxxx proceed to an additional instalment, within the limit of the Grant amount specified in Article 4.1, and if the conditions set out in Article 9.1 7 and Section 2.2.3 of the COST Vademecum (Annex B) are fulfilled. 11.75.7. The payment of the instalments is subject to the availability avaílability of funds under the applicable SGA.

Appears in 1 contract

Samples: Cost Action Grant Agreement

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Payment modalities. 11.15.1. The bank account of the Xxxxx Xxxxxx to which all payments will be made shall be recorded and kept up to date in e-COST. The Xxxxx Xxxxxx shall also register in e-inform the COST Association without delay of any changes to this information. 11.25.2. Payments will be made in Euro (EUR). 11.35.3. After signature of this Agreement a notification of payment will be sent to the Xxxxx Xxxxxx. The COST Association will pay a first instalment of up to 50% of the amount stated in Article 4.1 (subject to the deduction of any unspent funds under a previous Grant Period), within thirty (30) calendar days of the above-mentioned notification under the terms and conditions set out in this Agreement.Agreement and Annex B. 11.45.4. The Xxxxx Xxxxxx is entitled to request a second instalment of up to 35% of the amount stated in Article Article 4.1 if the conditions set out in Article 9.1 7.1 and in the COST Vademecum (Annex B) are fulfilled. A notification of payment will be sent to the Xxxxx Xxxxxx and the COST Association will pay the second instalment within thirty (30) calendar days of the notification. 11.55.5. The Xxxxx Xxxxxx is entitled to request a third and last instalment of up to 15% of the amount stated in Article 4.1 if the conditions set out in article 9.1 7.1 and in the COST Vademecum (Annex B) are fulfilled. A notification of payment will be sent to the Xxxxx Xxxxxx and the COST Association will pay the third and last instalment within thirty (30) calendar days of the notification. 11.65.6. In exceptional and well justified cases, the COST Administration may on request of the Xxxxx Xxxxxx proceed to an additional instalment, within the limit of the Grant amount specified in Article 4.1, and if the conditions set out in Article 9.1 7 and the COST Vademecum (Annex B) are fulfilled. 11.75.7. The payment of the instalments is subject to the availability of funds under the applicable SGA.

Appears in 1 contract

Samples: Grant Agreement

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