Payment of the Contribution. The following provisions apply as regards the advance of the Contribution:-
Payment of the Contribution. 4.1. SDS will make a payment of the Contribution to the Training Provider following proper execution and delivery of this FAA, (including execution and delivery to SDS of the Apprentice Statement contained in the Schedule to this FAA), commencement by the Apprentice of the apprenticeship activity under the Replacement Employer, and full required details being properly entered onto SDS’s Funding, Information and Processing System (FIPS) by the Training Provider.
4.2. The Training Provider will make payment of the full Contribution to the Replacement Employer no later than 10 days following the date the Training Provider receives the funding from SDS, and shall immediately update FIPS to show that such payment has been made to the Replacement Employer.
4.3. Evidence of payment of the full Contribution in accordance with this FAA must be retained by the Training Provider for 3 years, confirming the payment has been made into the Replacement Employer’s account.
4.4. The Replacement Employer will evidence receipt of the Contribution for the Apprentice by providing to SDS immediately on demand, a copy of the Replacement Employer’s bank statement, receipted invoice or a letter on headed paper confirming the payment.
4.5. No part of the Contribution shall be used to fund any activity or material which is party political in intention, use, or presentation or appears to be designed to affect support for a political party.
4.6. The Contribution shall not include VAT and no VAT shall be added to the Contribution.
Payment of the Contribution. 4.1 The following provisions apply as regards the advance of theContribution:-
4.1.1 Subject to the provisions of clause 3, the Contribution will be advanced in accordance with the Covid-19 Relief Grant Instructions for MA and EF Providers on satisfactory achievement of each of the following:
(a) regarding the first instalment of the Contribution for the January 2021 Active Financial Period, that the Recipient has within the January 2021 Active Financial Period made at least one valid claim through FIPS for payment under the Programme Contract;
(b) regarding the second instalment of the Contribution for the February 2021 Active Financial Period, that the Recipient has within the February 2021 Active Financial Period made at least one valid claim through FIPS for payment under the Programme Contract;
i. the Recipient has made at least one valid claim through FIPS for payment under the Programme Contract; and
ii. the Recipient has achieved Meaningful Engagement with:-
a) in relation to the MA Programme Contract, no less than 60% of the total number of the Recipient’s Modern Apprentices in respect of whom no claim has been submitted on FIPS as described in clause 4.1.1(c)(i), and no less than 60% of available Employers of all the Recipient’s Modern Apprentices in respect of whom no claim has been submitted on FIPS as described in clause 4.1.1(c)(i), or (as applicable)
b) in relation to the EF Programme Contract no less than 60% of the total number of the Recipient’s EF Participants in respect of whom no claim has been submitted on FIPS as described in clause 4.1.1
(c) (i), in each case as recorded by the Recipient as at the last day of the relevant Active Financial Period, with a view to keeping each of the said apprentices/participants/employers engaged on at least a monthly basis. The Recipient shall also require to submit to SDS in accordance with such submission requirements as SDS shall advise, the details required in the Control Sheet, no later than the last day of the relevant Active Financial Period.
Payment of the Contribution. 6
4.1 Claims for Reimbursement of Eligible Costs 6
4.2 Advance Payments 6 4.3 Supporting Documents 7
4.4 Excess Annual Funding 7
4.5 Overpayments 8
Payment of the Contribution. The Contribution shall be paid by Eurotech to the Company in four equal installments of $15,000 (US Dollars Fifteen Thousand) each, as follows:
2.1. The first installment shall be paid at the Closing Date (the "First Installment")
2.2. The second installment shall be paid no later than August 1, 1997.
2.3. The third installment shall be paid no later than February 1, 1998 (the "Third Installment").
2.4. The fourth installment shall be paid no later than August 1, 1998.
Payment of the Contribution. In the case of interruption of the funding by MURST, pursuant to Articles 4 and 5 above, the Bank, upon receiving MURST's authorisation in such regard, shall release the contribution due—in function of the costs deemed refundable under this agreement—and the parties shall at the same time, proceed with the signing of the final declaration mentioned in Article 4 above.
Payment of the Contribution. The Contribution shall be paid within 14 days of the date hereof to account No. kept with
Payment of the Contribution. The Donor shall deposit the Contribution on the following account: Holder name: Council of Europe Development Bank Holder address: 00 Xxxxxx Xxxxxx, X- 00000 Xxxxx Holder swift code: Bank name: Deutsche Bank AG Frankfurt Bank address: Xxxxxxxxxxxx 00, XX-00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Bank swift code: IBAN: Reference: Slovak Inclusive Growth Account
Payment of the Contribution. MHA will disburse the first payment (50%) of MHA’s 20XX-20XX total funding ($XXX) upon completion of the deliverables outlined in Schedule A due by October 15, 20XX.
Payment of the Contribution
