Common use of Receipts of the project Clause in Contracts

Receipts of the project. Receipts of the project may arise from: a) Resources made available by third parties to the beneficiary by means of financial transfers or contributions in kind which are free of charge: i. shall be considered a receipt of the project if they have been contributed by the third party specifically to be used on the project; ii. shall not be considered a receipt of the project if their use is at the discretion of the b) Income generated by the project: i. shall be considered a receipt for the beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project by the beneficiary; ii. shall not be considered a receipt for the beneficiary when generated from the use of foreground resulting from the project.

Receipts of the project. Receipts of the project may arise from: a) 1. Resources made available by third parties to the beneficiary by means of financial transfers or contributions in kind which are free of charge: i. a) shall be considered a receipt of the project for the beneficiary if they have been contributed by the third party specifically to be used on in the project; ii. b) shall not be considered a receipt of the project for the beneficiary if their use is at the discretion of thethe beneficiary’s management. b) 2. Income generated by the project: i. a) shall be considered a receipt of the project for the beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project by the beneficiary; ii. b) shall not be considered a receipt of the project for the beneficiary when generated from the use of the foreground resulting from the project.

Receipts of the project. Receipts of the project may arise from: a) Resources made available by third parties to the beneficiary by means of financial transfers or contributions in kind which are free of charge: i. shall be considered a receipt of the project if they have been contributed by the third party specifically to be used on the project; ii. shall not be considered a receipt of the project if their use is at the discretion of thethe beneficiary's management. b) Income generated by the project: i. shall be considered a receipt for the beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project by the beneficiary; ii. shall not be considered a receipt for the beneficiary when generated from the use of foreground resulting from the project.

Receipts of the project. Receipts of the project may arise from: a) Resources made available by third parties to the beneficiary by means of financial -financial transfers or contributions in kind which are free of charge: i. shall be considered a receipt of the project if they have been contributed by the third party specifically to be used on the project;. ii. shall not be considered a receipt of the project if their use is at the discretion of theof the beneficiary's management. b) Income generated by the project: i. shall be considered a receipt receipts for the beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project by the beneficiary; ii. shall not be considered a receipt for the beneficiary when generated from the use of foreground resulting from the project.

Receipts of the project. Receipts of the project may arise from: a) Resources made available by third parties to the beneficiary Beneficiary by means of financial transfers or contributions in kind which are free of chargetransfers: i. shall be considered a receipt of the project if they have been contributed by the third party specifically to be used on the project; ii. shall not be considered a receipt of the project if their use is at the discretion of thethe Beneficiary's management. b) Income generated by the project: i. shall be considered a receipt for the beneficiary Beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement Grant Agreement up to the value of the cost initially charged to the project by the beneficiaryBeneficiary; ii. shall not be considered a receipt for the beneficiary Beneficiary when generated from the use of foreground Foreground resulting from the project.

Receipts of the project. Receipts of the project may arise from: a) 1. Resources made available by third parties to the beneficiary by means of financial transfers financialtransfers or contributions in kind which are free of charge: i. a) shall be considered a receipt of the project for the beneficiary if they have been contributed by the third party specifically to be used on in the project; ii. b) shall not be considered a receipt of the project for the beneficiary if their use is at the discretion of thethe beneficiary’s management. b) 2. Income generated by the project: i. a) shall be considered a receipt of the project for the beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project by the beneficiary; ii. b) shall not be considered a receipt of the project for the beneficiary when generated from the use of the foreground resulting from the project.

Receipts of the project. ‌ Receipts of the project may arise from: a) Resources made available by third parties to the beneficiary by means of financial transfers or contributions in kind which are free of charge: i. shall be considered a receipt of the project if they have been contributed by the third party specifically to be used on the project; ii. shall not be considered a receipt of the project if their use is at the discretion of thethe beneficiary's management. b) Income generated by the project: i. shall be considered a receipt for the beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project by the beneficiary; ii. shall not be considered a receipt for the beneficiary when generated from the use of foreground resulting from the project.

Receipts of the project. Receipts of the project may arise from: a) Resources made available by third parties to the beneficiary by means of financial transfers or contributions in kind which are free of charge: i. shall be considered a receipt of the project if they have been contributed by the third party specifically to be used on the project; ii. shall not be considered a receipt of the project if their use is at the discretion of the b) Income generated by the project: i. shall be considered a receipt for the beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project by the beneficiary;; this includes particularly, but not only, interest generated by the pre- financing. ii. shall not be considered a receipt for the beneficiary when generated from the use of foreground resulting from the project.

Receipts of the project. Receipts of the project may arise from: a) Resources made available by third parties to the beneficiary by means of financial transfers or contributions in kind which are free of charge: i. shall be considered a receipt of the project if they have been contributed by the third party specifically to be used on the project;. ii. shall not be considered a receipt of the project if their use is at the discretion of thethe beneficiary's management. b) Income generated by the project: i. shall be considered a receipt for the beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project by the beneficiary; ii. shall not be considered a receipt for the beneficiary when generated from the use of foreground resulting from the project.

Receipts of the project. Receipts of the project may arise from: a) 1. Resources made available by third parties to the beneficiary by means of financial transfers or contributions in kind which are free of chargetransfers: i. shall be considered a receipt of the project if they have been contributed by the third party specifically to be used on the project; ii. shall not be considered a receipt of the project if their use is at the discretion of thethe beneficiary's management. b) 2. Income generated by the project: i. shall be considered a receipt for the beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project by the beneficiary; ii. shall not be considered a receipt for the beneficiary when generated from the use of foreground resulting from the project.

Receipts of the project. ‌ Receipts of the project may arise from: a) Resources made available by third parties to the beneficiary by means of financial transfers or contributions in kind which are free of charge: i. shall be considered a receipt of the project if they have been contributed by the third party specifically to be used on the project;. ii. shall not be considered a receipt of the project if their use is at the discretion of thethe beneficiary's management. b) Income generated by the project: i. shall be considered a receipt for the beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project by the beneficiary; ii. shall not be considered a receipt for the beneficiary when generated from the use of foreground resulting from the project.

Receipts of the project. Receipts of the project Project may arise from: a) Resources made available by third parties to the beneficiary by means of financial transfers or contributions in kind which are free of charge: i. shall be considered a receipt of the project Project if they have been contributed by the third party specifically to be used on the projectProject; ii. shall not be considered a receipt of the project Project if their use is at the discretion of thethe beneficiary's management. b) Income generated by the projectProject: i. shall be considered a receipt for the beneficiary when generated by actions undertaken in carrying out the project Project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project Project by the beneficiary; ii. shall not be considered a receipt for the beneficiary when generated from the use of foreground Foreground resulting from the projectProject.

Receipts of the project. ‌ Receipts of the project may arise from: a) Resources made available by third parties to the beneficiary by means of financial transfers or contributions in kind which are free of charge: i. shall be considered a receipt of the project if they have been contributed by the third party specifically to be used on the project;. ii. shall not be considered a receipt of the project if their use is at the discretion of the b) Income generated by the project: i. shall be considered a receipt for the beneficiary when generated by actions undertaken in carrying out the project and from the sale of assets purchased under the grant agreement up to the value of the cost initially charged to the project by the beneficiary; ii. shall not be considered a receipt for the beneficiary when generated from the use of foreground resulting from the project.