Common use of Pre-financing Clause in Contracts

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financing, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financingSpecial Conditions, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission NA to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financingbalance is paid. The Commission NA undertakes to release the guarantee within 30 days following of that date.

Pre-financing. Pre-financing is intended to provide the beneficiary beneficiaries with a float. Where required by the provisions of Article I.4 on pre-financingI.5, the beneficiary co-ordinator shall furnish provide a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission Agency to have recourse against the principal debtor (the beneficiary)debtor. The financial guarantee shall remain in force until final payments by the Commission Agency match the proportion of the total grant accounted for by pre-financing. The Commission Agency undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financingof the agreement, the beneficiary shall furnish provide a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission Agency to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financingbalance is paid. The Commission Agency undertakes to release the guarantee within 30 days following of that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financing, the beneficiary shall furnish provide a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financing, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary beneficiaries with a float. Where required by the provisions of Article I.4 I.5 on pre-financing, the beneficiary co-ordinator shall furnish provide a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary)debtor. The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 60 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary beneficiaries with a float. Where required by the provisions of Article I.4 I.5 on pre-financing, the beneficiary co-ordinator shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary)debtor. The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 60 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financing, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. In exceptional cases, the guarantee may be replaced by a joint and several guarantee provided by a third party The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal principle debtor (the beneficiary). .) The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary beneficiaries with a float. Where required by the provisions of Article I.4 I.5 on pre-financing, the beneficiary co-ordinator shall furnish provide a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission Agency to have recourse against the principal debtor (the beneficiary)debtor. The financial guarantee shall remain in force until final payments by the Commission Agency match the proportion of the total grant accounted for by pre-financing. The Commission Agency undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary beneficiaries with a float. Where required by the provisions of Article I.4 I.5 on pre-financing, the beneficiary co-ordinator shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary)debtor. The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 60 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financing, the beneficiary shall furnish provide a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. Union.15 The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financing, the beneficiary shall furnish provide a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. Union.15 The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing Pre‑financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 . 4.1 on pre-financingpre‑financing, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. Union The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financingpre‑financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 . 4.1 on pre-financing, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. In exceptional cases, the guarantee may be replaced by a joint and several guarantee provided by a third party. The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financing, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. Union.33 The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financing, the beneficiary shall furnish provide a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. Union.3 The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financing, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. Union.34 The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary beneficiaries with a float. Where required by the provisions of Article I.4 I.5 on pre-financing, the beneficiary co-ordinator shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European UnionUnion5. The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary)debtor. The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 60 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary beneficiaries with a float. Where required by the provisions of Article I.4 I.5 on pre-financing, the beneficiary co-ordinator shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission Agency to have recourse against the principal debtor (the beneficiary)debtor. The financial guarantee shall remain in force until final payments by the Commission Agency match the proportion of the total grant accounted for by pre-financing. The Commission Agency undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financing, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. Union.3 The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financingof the agreement, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission Agency to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financingbalance is paid. The Commission Agency undertakes to release the guarantee within 30 days following of that date.

Pre-financing. Pre-financing is intended to provide the beneficiary beneficiaries with a float. Where required by the provisions of Article I.4 I.5 on pre-financing, the beneficiary co-ordinator shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European UnionUnion6. The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary)debtor. The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 60 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financing, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. Union.2 The guarantor shall stand as first call guarantor and shall not require the Commission Cedefop to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission Cedefop match the proportion of the total grant accounted for by pre-financing. The Commission Cedefop undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary beneficiaries with a float. Where required by the provisions of Article I.4 I.5 on pre-financing, the beneficiary co-ordinator shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission Agency to have recourse against the principal debtor (the beneficiary)debtor. The financial guarantee shall remain in force until final payments by the Commission Agency match the proportion of the total grant accounted for by pre-financing. The Commission Agency undertakes to release the guarantee within 30 60 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financingI.4, the beneficiary shall furnish provide a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission Agency to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission Agency match the proportion of the total grant accounted for by pre-financing. The Commission Agency undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary beneficiaries with a float. Where required by the provisions of Article I.4 I.5 on pre-financing, the beneficiary co-ordinator shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European UnionUnion5. The guarantor shall stand as first call guarantor and shall not require the Commission Executive Agency to have recourse against the principal debtor (the beneficiary)debtor. The financial guarantee shall remain in force until the final payments payment by the Commission Executive Agency match the proportion of the total grant accounted for by pre-financing. The Commission Executive Agency undertakes to release the guarantee within 30 sixty (60) days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary with a float. float Where required by the provisions of Article I.4 1.4 on pre-financing, the beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission EMCDDA to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission EMCDDA match the proportion of the total grant accounted for by pre-financing. The Commission EMCDDA undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing Pre‑financing is intended to provide the beneficiary with a float. Where required by the provisions of Article I.4 on pre-financingpre‑financing, the beneficiary shall furnish provide a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary). The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financingpre‑financing. The Commission undertakes to release the guarantee within 30 days following that date.

Pre-financing. Pre-financing is intended to provide the beneficiary beneficiaries with a float. Where required by the provisions of Article I.4 I.5 on pre-financingfinancing or a special clause in Article I.11, the co-ordinator or beneficiary shall furnish a financial guarantee from a bank or an approved financial institution established in one of the Member States of the European Union. The guarantor shall stand as first call guarantor and shall not require the Commission to have recourse against the principal debtor (the beneficiary)debtor. The financial guarantee shall remain in force until final payments by the Commission match the proportion of the total grant accounted for by pre-financing. The Commission undertakes to release the guarantee within 30 60 days following that date.