Common use of SUSPENSION OF THE PAYMENT TIME LIMIT Clause in Contracts

SUSPENSION OF THE PAYMENT TIME LIMIT. 1. The contracting party may at any point suspend the payment time limit if a request for payment cannot be processed because it does not comply with the Contract’s provisions. 2. The contracting party must notify the expert of the suspension and the reasons for it. 3. The suspension takes effect on the day notification is sent by the contracting party. 4. If the condition for suspending the payment time limit as referred to in paragraph 1 is no longer met, the suspension will be lifted — and the remaining period will resume. If the suspension exceeds two months, the expert may ask the contracting party if the suspension will continue. 5. If the payment time limit has been suspended due to the non-compliance of the reports or deliverables in accordance with Article 2 and the revised report or deliverables or payment request is not submitted or was submitted but is also rejected, the contracting party may also terminate the Contract as referred to in Article 17. 3 Council Regulation (Euratom, EC) No 2185/96 of 11 November 1996 concerning on-the-spot checks and inspection carried out by the Commission in order to protect the European Communities’ financial interests against fraud and other irregularities (OJ L 292, 15.11.1996). 4 Regulation (EU, Euratom) No 883/2013 of the European Parliament and of the Council of 11 September 2013 concerning investigations conducted by the European Anti-Fraud Office (XXXX) and repealing Regulation (EC) No 1073/1999 of the European Parliament and of the Council and Council Regulation (Euratom) No 1074/1999 (OJ L 248). 5 Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom) No 1605/2002 (OJ L218, 26.10.2012).

SUSPENSION OF THE PAYMENT TIME LIMIT. 1. The contracting party may at any point suspend the payment time limit if a request for payment cannot be processed because it does not comply with the Contract’s provisions. 2. The contracting party must notify the expert of the suspension and the reasons for it. 3. The suspension takes effect on the day notification is sent by the contracting party. 4. If the condition for suspending the payment time limit as referred to in paragraph 1 is no longer met, the suspension will be lifted — and the remaining period will resume. If the suspension exceeds two months, the expert may ask the contracting party if the suspension will continue. 5. If the payment time limit has been suspended due to the non-compliance of the reports or deliverables in accordance with Article 2 and the revised report or deliverables or payment request is not submitted or was submitted but is also rejected, the contracting party may also terminate the Contract as referred to in Article 17. 3 Council Regulation (Euratom, EC) No 2185/96 of 11 November 1996 concerning on-the-spot checks and inspection carried out by the Commission in order to protect the European Communities’ financial interests against fraud and other irregularities (OJ L 292, 15.11.1996). 4 Regulation (EU, Euratom) No 883/2013 of the European Parliament and of the Council of 11 September 2013 concerning investigations conducted by the European Anti-Fraud Office (XXXXOLAF) and repealing Regulation (EC) No 1073/1999 of the European Parliament and of the Council and Council Regulation (Euratom) No 1074/1999 (OJ L 248). 5 Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom) No 1605/2002 (OJ L218, 26.10.2012).

SUSPENSION OF THE PAYMENT TIME LIMIT. 1. The contracting party may at any point suspend the payment time limit if a request for payment cannot be processed because it does not comply with the Contract’s SD\PHQW FDQQRW EH SURFHVVHG EHFDXVH LW provisions. 2. The contracting party must notify the expert of the suspension and the reasons for it. 3. The suspension takes effect on the day notification is sent by the contracting party. 4. If the condition for suspending the payment time limit as referred to in paragraph 1 is no longer met, the suspension will be lifted — ² and the remaining period will resume. If the suspension exceeds two months, the expert may ask the contracting party if the suspension will continue. 5. If the payment time limit has been suspended due to the non-compliance of the reports or deliverables in accordance with Article 2 and the revised report or deliverables or payment request is not submitted or was submitted but is also rejected, the contracting party may also terminate the Contract as referred to in Article 17. 3 Council Regulation (Euratom, EC) No 2185/96 of 11 November 1996 concerning on-the-spot checks and inspection carried out by the Commission in order to protect the European Communities’ financial LQ RUGHU WR SURWHFW WKH (XURSHD interests against fraud and other irregularities (OJ L 292, 15.11.1996). 4 Regulation (EU, Euratom) No 883/2013 of the European Parliament and of the Council of 11 September 2013 concerning investigations conducted by the European Anti-Fraud Office (XXXX) and repealing Regulation (EC) No 1073/1999 of the European Parliament and of the Council and Council Regulation (Euratom) No 1074/1999 (OJ L 248). 5 Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of 25 October 2012 on the financial rules applicable to the general budget of the Union and repealing Council Regulation (EC, Euratom) No 1605/2002 (OJ L218, 26.10.2012).