Project Financing Sample Clauses

Project Financing. DZS poskytne příspěvek na financování nákladů na projekt, přičemž maximální výše grantu činí XXXXXXX CZK (XXXXXXX EUR). Grant určený na realizaci projektu pokrývá 100 % způsobilých výdajů. Bližší specifikace rozpočtu a jeho členění jsou ukotveny v Příloze I.
AutoNDA by SimpleDocs
Project Financing. DZS poskytne příspěvek na financování nákladů na projekt, přičemž maximální výše grantu činí 1 178 580,00 CZK (45 330 EUR). Grant určený na realizaci projektu pokrývá 100 % způsobilých výdajů. Bližší specifikace rozpočtu a jeho členění jsou ukotveny v Příloze I. DZS will grant a contribution to finance the project costs, the maximum amount of the grant being CZK 1 178 580 (EUR 45 330). The grant designed to implement the Project covers 100 % 2 Od tohoto data je možné hradit výdaje, které bezprostředně souvisejí s realizací aktivit projektu a směřují ke splnění cílů projektu
Project Financing. The Augusta Housing and Community Development will provide an amount not to exceed the actual construction costs including only materials and labor as outlined and approved on the Work Write-Up to be expended by HONNÊTE HABITATS, LLC. for construction costs related to the development of one single family detached home identified as 0000 Xxxxx Xxxxxx. Additionally, HCD will provide 100% of all change orders (where applicable) as approved by HCD and HONNÊTE HABITATS, LLC. in writing. All funding is being provided as payment for services rendered as per this Agreement.
Project Financing. Project Financing shall mean: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Project, any alteration, expansion or improvement to the Project, or the operation of the Project; or (b) loans and/or debt issues secured by the Project.
Project Financing. The Contractor undertakes to arrange the Project Financing, as more particularly contemplated in Section 3.
Project Financing. The arranging of the Project Financing is the sole responsibility of the Contractor.
Project Financing. 1. The allocation of funds for Project realisation is specified in the Project Budget, hereinafter referred to as the “Budget”, constituting Appendix No. 1 hereto. 2. Funds for the realisation of the Project (excluding stipends) shall be transferred in form of advance payments pursuant to the instalment payment schedule constituting Appendix No. 3 hereto. The first instalment shall be transferred within 14 days from the date of receipt of correctly filled out and signed Agreement by the Foundation, however , not earlier than on the commencement day of the period specified in §2 item 1. Subsequent instalments shall be transferred immediately upon approval of periodical financial reports by the Foundation. 3. The highest amount of the instalment of advance payment under the Project cannot exceed 30% of the funding specified in §1 item 1 hereinabove. The advance payment shall be settled by means of listing the eligible expenditures settling the instalment in the financial report or by reimbursing the unused funds from the advance payment. 4. The co-financing amount in form of advance payment from the funds of the European Regional Development Fund that remains unused at the end of the budget year shall remain at the disposal of the Unit on its bank account in the subsequent budget year. 5. The subsequent instalment of the advance payment may be paid provided that the Unit has settled at least 70% of all advance payments received so far and has demonstrated that the incurred expenditures are eligible for co-financing. 6. The Grantee is obliged to settle the total instalment of the given advance payment within 365 days from the date of transfer to the bank account of the Unit. 7. If it fails to settle the instalment of advance payment within 365 days from the date of transfer to the bank account of the Unit, interest shall be charged on the outstanding funds transferred within the said advance payment, at the rates applied to tax arrears, starting from the date of transfer of funds to the date of reimbursement of the unsettled instalment or to the date of submitting the financial report settling the given instalment. The unit is obliged to return the unsettled part of the advance payment together with accrued interest on funding in form of advance payment transferred to the bank account without being summoned. 8. The co-financing amount specified in §1 item 1 shall be deducted by the amount subject to reimbursement due to deficiencies. 9. Expenditures exceeding...
AutoNDA by SimpleDocs
Project Financing. B.1. The Foundation hereby agrees to fund, by Conditional Grant, the implementation of the Proposal in the maximum sum of $ or 50% of the actual expenditures on the Project, as contemplated in the Approved Project Budget, whichever is less, and at the times and as may otherwise be set forth in Annex B hereto. B.2. The Proposer shall provide in timely fashion all budgetary funds in excess of those provided hereunder by the Foundation. B.3. Proposer shall make Repayments to the Foundation based on Gross Sales. B.3.1. The Repayments by the Proposer shall be made on the following basis: a) The Conditional Grant shall be repaid in U.S. Dollars at the rate of 5% of the Gross Sales, such Repayments to be in equivalent dollars valued at time of Repayment. The rate of change of value shall be that designated in Annex C hereto. b) When the Proposer shall have repaid the following maximum percentages in equivalent dollars valued at the time of Repayment (as determined in accordance with Annex C) of the Conditional Grant in any of the following years, no additional payments to the Foundation on account of the Conditional Grant shall be required. Years following date of Termination of Project* *the date of Termination of Project shall not be affected by any extension for carrying out the development work of the Product that may be agreed by the Foundation B.3.2. The Commercial Product shall be deemed to have been sold, or otherwise commercially exploited, if the Commercial Product, or any part of it, or any improvement, modification or extension of the Commercial Product is put to the benefit of a third party, whether directly or indirectly, and whether standing alone or incorporated into or co-joined with other hardware or processes, and for which benefit the said third party gives something of value. This provision shall not apply to transactions between the Participants or between the Participants and their parents, subsidiaries or other Affiliates unless the transaction relates to the use of the Commercial Product, or any part of it, and/or any improvement, modification or extension of it, by any one of the aforesaid as a purchaser. Should any such parent, subsidiary or other Affiliate resell the Commercial Product separately identified or incorporated in a system, the sales price shall be the price to third parties from the parent, subsidiary or Affiliate making the sale. B.3.3. If the Commercial Product or any part of it is a part of another product (not develope...
Project Financing. The Borrower has secured a commitment for the financing necessary to complete the Project, in a form and under conditions satisfactory to the City and the Borrower.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!