Common use of Payment modalities Clause in Contracts

Payment modalities. 1. The Council of Europe shall pay the Grantee of the Lead Grantee in the case of a consortium the amount mentioned in Article 1 (1) in two instalments, as follows: <percentage> % within 30 days of receipt of this Agreement duly signed; the balance within 30 days of receipt and approval of the documents specified in Article 2.3.3 f) and g). Payment of the balance will be based on actual expenditure (as indicated in the statement of expenditure incurred), up to the amount provided for in the estimated budget, subject to the provisions of Article 14 of this Agreement. 2. Payments will be made to the Grantee or to the Lead Grantee in the case of a consortium in the currency in which the Agreement was concluded (See Article 1.1) 3. The above-mentioned amounts will be paid only by bank transfer to the following account opened in the name of the Grantee or the Lead Grantee in the case of a consortium:

Payment modalities. 1. The Council of Europe shall pay the Grantee of the Lead Grantee in the case of a consortium the amount mentioned in Article 1 (1) in two instalments, as follows: - <percentage> % within 30 days of receipt of this Agreement duly signed; - the balance within 30 days of receipt and approval of the documents specified in Article 2.3.3 f) and g). Payment of the balance will be based on actual expenditure (as indicated in the statement of expenditure incurred), up to the amount provided for in the estimated budget, subject to the provisions of Article 14 of this Agreement. 2. Payments will be made to the Grantee or to the Lead Grantee in the case of a consortium in the currency in which the Agreement was concluded (See Article 1.1) 3. The above-mentioned amounts will be paid only by bank transfer to the following account opened in the name of the Grantee or the Lead Grantee in the case of a consortium:

Payment modalities. 1. The Council of Europe shall pay the Grantee of the Lead Grantee in the case of a consortium the amount mentioned in Article 1 (11(1) in two instalments, as follows: <percentage> ­ 80 % within 30 days of receipt of this Agreement duly signed; ­ the balance within 30 days of receipt and approval of the documents specified in Article 2.3.3 f) and g). Payment of the balance will be based on actual expenditure (as indicated in the statement of expenditure incurred), up to the amount provided for in the estimated budget, subject to the provisions of Article 14 of this Agreement. 2. Payments will be made to the Grantee or to the Lead Grantee in the case of a consortium in the currency in which the Agreement was concluded (See Article 1.1) 3. The above-mentioned amounts will be paid only by bank transfer to the following account opened in the name of the Grantee or the Lead Grantee in the case of a consortium:: XX00 0000 0000 0000 0000 0000 SPSRSKBAXXX Štátna pokladnica Radlinského 32, X.X.XXX 13, 81005 Bratislava, Slovakia

Payment modalities. 1. The Council of Europe shall pay the Grantee of Grantee, or the Lead Grantee in the case of a consortium consortium, the amount mentioned in Article 1 (11(1) in two instalments, as follows: - <percentage> % within 30 days of receipt of this Agreement duly signed; - the balance within 30 days of receipt and approval of the documents specified in Article 2.3.3 2.4.3 f) and g). Payment of the balance will be based on actual expenditure (as indicated in the statement of expenditure final financial report incurred), up to the amount provided for in the estimated budget, subject to the provisions of Article 14 of this Agreement. 2. Payments will be made to the Grantee or to the Lead Grantee in the case of a consortium in the currency in which the Agreement was concluded (See Article 1.1) 3. The above-mentioned amounts will be paid only by bank transfer to the following account opened in the name of the Grantee or the Lead Grantee in the case of a consortium:

Payment modalities. 1. The Council of Europe shall pay the Grantee of the Lead Grantee in the case of a consortium the amount mentioned in Article 1 (1) in two instalments, as follows: - <percentage> % within 30 days of receipt of this Agreement duly signed; - the balance within 30 days of receipt and approval of the documents specified in Article 2.3.3 4.3 f) and g). Payment of the balance will be based on actual expenditure (as indicated in the statement of expenditure final financial report incurred), up to the amount provided for in the estimated budget, subject to the provisions of Article 14 of this Agreement. 2. Payments will be made to the Grantee or to the Lead Grantee in the case of a consortium in the currency in which the Agreement was concluded (See Article 1.1) 3. The above-mentioned amounts will be paid only by bank transfer to the following account opened in the name of the Grantee or the Lead Grantee in the case of a consortium: