Common use of Pre-financing payment Clause in Contracts

Pre-financing payment. The aim of the pre-financing is to provide the beneficiaries with a float. The pre-financing remains the property of the Union until it is cleared against the payment of the balance. Frontex must make the pre-financing payment to the beneficiary within 30 calendar days from the date of receiving the request for pre-financing.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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Pre-financing payment. The aim of the pre-financing is to provide the beneficiaries partner with a float. The pre-financing remains the property of the Union until it is cleared against interim payments or, if it is not cleared against interim payments, until the payment of the balance. Frontex The Commission must make the pre-financing payment of EUR [insert amount], 40% of the total maximum amount specified in Article 3.1, to the beneficiary partner within 30 calendar days from the date entry into force of receiving the request for pre-financingSpecific agreement.

Appears in 3 contracts

Samples: Specific Grant Agreement, Specific Grant Agreement, Specific Grant Agreement

Pre-financing payment. The aim of the pre-financing is to provide the beneficiaries with a float. The pre-financing remains the property of the Union until it is cleared against interim payments or, if it is not cleared against interim payments, until the payment of the balance. Frontex The Commission must make the pre-financing payment of EUR [insert amount] to the beneficiary partner within 30 calendar days from the date entry into force of receiving the request for pre-financingSpecific agreement, except if Article II.24.1 of the Framework agreement applies.

Appears in 2 contracts

Samples: Specific Grant Agreement, Specific Grant Agreement

Pre-financing payment. The aim of the pre-financing is to provide the beneficiaries with a float. The pre-financing remains the property of the Union until it is cleared against the payment of the balance. Frontex must make . 1 In accordance with accrual accounting standards, the pre-financing payment to date when the beneficiary within 30 calendar days from cost was incurred means the date of receiving issuance of the request for pre-financingsupporting document (invoice, bill, or other equivalent document).

Appears in 1 contract

Samples: Grant Agreement

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Pre-financing payment. The aim of the pre-financing is to provide the beneficiaries beneficiary with a float. The pre-financing remains the property of the Union until it is cleared against interim payments or, if it is not cleared against interim payments, until the payment of the balance. Frontex The Commission must make the pre-financing payment of EUR 52 850.00 to the beneficiary within 30 calendar days from the date entry into force of receiving the request for pre-financingAgreement, except if Article II.24.1 applies.

Appears in 1 contract

Samples: Grant Agreement

Pre-financing payment. The aim of the pre-financing is to provide the beneficiaries beneficiary with a float. The pre-financing remains the property of the Union until it is cleared against interim payments or, if it is not cleared against interim payments, until the payment of the balance. Frontex The Commission must make the pre-financing payment of EUR 24 255.00 to the beneficiary within 30 calendar days from the date entry into force of receiving the request for pre-financingAgreement, except if Article II.24.1 applies.

Appears in 1 contract

Samples: Grant Agreement

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