Common use of Termination Effects Clause in Contracts

Termination Effects. In the event of termination, payments by the PO shall be limited to the eligible costs actually incurred by the PP by the date on which termination takes effect, in accordance with Article 4. The Project Promoter must be given 60 days after the date on which termination takes effect, in accordance with the PO's notification, in order to send the request for the final payment in accordance with Article 4. If during this period no request is sent for the final payment, the PO will not reimburse the expenditure incurred by the Project Promoter by the date of the termination and the PO shall recover any amount if its use is not justified by the final report requested and approved by the PO. Exceptionally, at the end of the period referred to in the notification (see Article 13), if the agreement is terminated because the Project Promoter have failed to submit their report within the time limit stipulated in Article 4 and if the Project Promoter still fail to comply with this obligation within 2 months from the date of receipt of the notification sent by PO through registered mail or equivalent, the latter will not reimburse the expenditure incurred by the Project Promoter until the date on which the action has ended and will recover any sums paid to the Project Promoter as an advance payment. Exceptionally, in the event of the improper termination of agreement by the Project Promoter or termination by the PO on the grounds set out in points (a), (e), (g), (h), (i) or (j) of the Article 13.2, the PO can claim partial or total reimbursement of the amounts already paid under the agreement on the basis of the report approved, in proportion to the gravity of the issues concerned and after having allowed the Project Promoter to submit their observations.

Termination Effects. In the event of termination, payments made by the PO shall be limited to the eligible costs actually incurred by the PP by the date on which termination takes effect, in accordance with Article 4. The Project Promoter must be given has 60 days after the date on which termination takes effect, in accordance with the PO's notification, in order to send the request for the final payment in accordance with Article 4. If during this period no request is sent for the final payment, the PO will not reimburse the expenditure incurred by the Project Promoter by the date of the termination and the PO shall recover any amount if its use is not justified by the final report requested and approved by the PO. Exceptionally, at the end of the period referred to in the notification (see Article 13), if the agreement is terminated because the Project Promoter have failed to submit their final report within the time limit stipulated in Article 4 and if the Project Promoter still fail to comply with this obligation within 2 months from the date of receipt of the notification sent by PO through registered mail or equivalent, the latter will not reimburse the expenditure incurred by the Project Promoter until the date on which the action has ended and will recover any sums paid to the Project Promoter as an advance payment. Exceptionally, in the event of the improper termination of agreement by the Project Promoter or termination by the PO on the grounds set out in points (a), (e), (g), (h), (i) or (j) of the Article 13.2, the PO can claim partial or total reimbursement of the amounts already paid under the agreement on the basis of the report approved, in proportion to the gravity of the issues concerned and after having allowed the Project Promoter to submit their observations.or

Termination Effects. In the event of termination, payments by the PO shall be limited to the eligible costs actually incurred by the PP by the date on which termination takes effect, in accordance with Article 4. The Project Promoter must be given 60 days after the date on which termination takes effect, in accordance with the PO's notification, in order to send the request for the final payment in accordance with Article 4. If during this period no request is sent for the final payment, the PO will not reimburse the expenditure incurred by the Project Promoter by the date of the termination and the PO shall recover any amount if its use is not justified by the final report requested and approved by the PO. Exceptionally, at the end of the period referred to in the notification (see Article 13), if the agreement is terminated because the Project Promoter have failed to submit their report within the time limit stipulated in Article 4 and if the Project Promoter still fail to comply with this obligation within 2 months from the date of receipt of the notification sent by PO through registered mail or equivalent, the latter will not reimburse the expenditure incurred by the Project Promoter until the date on which the action has ended and will recover any sums paid to the Project Promoter as an advance payment. Exceptionally, in the event of the improper termination of agreement by the Project Promoter or termination by the PO on the grounds set out in points (a), (e), (g), (h), , (i) or (j) of the Article 13.2, the PO can claim partial or total reimbursement of the amounts already paid under the agreement on the basis of the report approved, in proportion to the gravity of the issues concerned and after having allowed the Project Promoter to submit their observations.