Return of excess payments; receipts. 7.1.4.1 In any case of a Party having received excess payments, the Party has to return the relevant amount to the Coordinator without undue delay. 7.1.4.2 In case a Party earns any receipt that is deductible from the total funding as set out in the Consortium Plan, the deduction is only directed toward the Party earning such income. The other Parties’ financial share of the budget shall not be affected by one Party’s receipt. In case the relevant receipt is more than the allocated share of the Party as set out in the Consortium Plan, the Party shall reimburse the funding reduction suffered by other Parties.
Appears in 16 contracts
Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement
Return of excess payments; receipts. 7.1.4.1 7.2.1.1. In any case of a Party having received excess paymentspayments from the Coordinator, the Party has to return the relevant amount to the Coordinator without undue delay.
7.1.4.2 7.2.1.2. In case a Party earns any receipt that is deductible from the total funding as set out in the budget plan as described in Appendix 3 to the Consortium PlanAgreement, the deduction is only directed toward the Party earning such income. The other Parties’ financial share of the budget shall not be affected by one Party’s receipt. In case the relevant receipt is more than the allocated share of the Party as set out in the Consortium Project Plan, the Party shall reimburse the funding reduction suffered by other Parties.
Appears in 2 contracts
Samples: Project Agreement, Project Agreement
Return of excess payments; receipts. 7.1.4.1 In any case of a Party having received excess payments, the Party has to return the relevant amount to the Coordinator without undue delay.
7.1.4.2 . In case a Party earns any receipt that is deductible from the total funding as set out in the Consortium Plan, the deduction is only directed toward the Party earning such income. The other Parties’ financial share of the budget shall not be affected by one Party’s receipt. In case the relevant receipt is more than the allocated share of the Party as set out in the Consortium Plan, the Party shall reimburse the funding reduction suffered by other Parties.
Appears in 2 contracts
Samples: Consortium Agreement, Consortium Agreement
Return of excess payments; receipts. 7.1.4.1 In any case of a Party having received excess payments, the Party has to return the relevant amount to the Coordinator without undue delay.
7.1.4.2 . In case a Party earns any receipt that is deductible from the total funding as set out in the Consortium Plan, the deduction is only directed toward the Party earning such income. The other Parties’ ' financial share of the budget shall not be affected by one Party’s 's receipt. In case the relevant receipt is more than the allocated share of the Party as set out in the Consortium Plan, the Party shall reimburse the funding reduction suffered by other Parties.
Appears in 1 contract
Samples: Consortium Agreement
Return of excess payments; receipts. 7.1.4.1 7.1.5.1 In any case of a Party having received excess payments, the Party has to return the relevant amount to the Coordinator without undue delay.
7.1.4.2 7.1.5.2 In case a Party earns any receipt that is deductible from the total funding as set out in the Consortium Plan, the deduction is only directed toward the Party earning such income. The other Parties’ financial share of the budget shall not be affected by one Party’s receipt. In case the relevant receipt is more than the allocated share of the Party as set out in the Consortium Plan, the Party shall reimburse the funding reduction suffered by other Parties.
Appears in 1 contract
Samples: Consortium Agreement
Return of excess payments; receipts. 7.1.4.1 In any case of If a Party having has received excess payments, the Party has to return the relevant amount to the Coordinator without undue delay.
7.1.4.2 In case . If a Party earns any receipt that is deductible from the total funding as set out in the Consortium Plan, the deduction is only directed toward the Party earning such income. The other Parties’ ' financial share of the budget shall not be affected by one Party’s 's receipt. In case If the relevant receipt is more than the allocated share of the Party as set out in the Consortium Plan, the Party shall reimburse the funding reduction suffered by other Parties.
Appears in 1 contract
Samples: Consortium Agreement
Return of excess payments; receipts. 7.1.4.1 In any the case of a any Party having received excess payments, the Party has to return the relevant amount to the Coordinator without undue delay.
7.1.4.2 In case a Party earns any receipt that is deductible from the total funding as set out in the Consortium Plan, the deduction is only directed toward the Party earning such income. The other Parties’ financial share of the budget shall not be affected by one Party’s receipt. In case the relevant receipt is more than the allocated share of the Party as set out in the Consortium Plan, the Party shall reimburse the funding reduction suffered by other Parties.
Appears in 1 contract
Samples: Consortium Agreement
Return of excess payments; receipts. 7.1.4.1 In any case of a Party having received excess payments, the Party has to return the relevant excess amount to the Coordinator without undue delay.
7.1.4.2 In case . If a Party earns any receipt that is deductible from the total funding as set out in the Consortium Plan, the deduction is only directed toward the Party earning such income. The other Parties’ financial share of the budget shall not be affected by one Party’s receipt. In case the relevant receipt is more than the allocated share of the Party as set out in the Consortium Plan, the Party shall reimburse coordinator will distribute the total funding in a way that the other Parties suffer no funding reduction suffered by other Partiesdue to the deduction of an amount equal to the receipt.
Appears in 1 contract
Samples: Consortium Agreement
Return of excess payments; receipts. 7.1.4.1 In any case of a Party having received excess payments, the Party has to return the relevant amount to the Coordinator without undue delay.
7.1.4.2 In case a Party earns any receipt that is deductible from the total funding as set out in the Consortium Plan, the deduction is only directed toward the Party earning such income. The other Parties’ ' financial share of the budget shall not be affected by one Party’s 's receipt. In case the relevant receipt is more than the allocated share of the Party as set out in the Consortium Plan, the Party shall reimburse the funding reduction suffered by other Parties.
Appears in 1 contract
Samples: Consortium Agreement
Return of excess payments; receipts. 7.1.4.1 In any case of a Party having received excess payments, the Party has to return the relevant amount to the Coordinator without undue delay.
7.1.4.2 In case a Party earns any receipt receipts that is are deductible from the total funding as set out in the Consortium PlanGrant Agreement, the deduction is only directed toward the Party earning such income. The other Parties’ financial share of the budget shall not be affected by one Party’s receiptreceipts. In case the relevant receipt is receipts are more than the allocated share of the Party as set out in the Consortium Action Plan, the Party shall reimburse the funding reduction suffered by other Parties.
Appears in 1 contract
Samples: Consortium Agreement
Return of excess payments; receipts. 7.1.4.1 In any case of a Party having received excess payments, the Party has to return the relevant amount to the Project Coordinator without undue delay.
7.1.4.2 In case a Party earns any receipt that is deductible from the total funding as set out in the Consortium Plan, the deduction is only directed toward the Party earning such income. The other Parties’ financial share of the budget shall not be affected by one Party’s receipt. In case the relevant receipt is more than the allocated share of the Party as set out in the Consortium Plan, the Party shall reimburse the funding reduction suffered by other Parties.
Appears in 1 contract
Samples: Consortium Agreement