General principles. (a) If there is a technical malfunction of TARGET2, direct participants may submit claims for compensation in accordance with the TARGET2 compensation scheme laid down in this Appendix.
General principles. EIT Manufacturing Partner, being a KIC Partner, is bound to the FPA, the SGA(s) for the Relevant Year(s) through the signature of the Accession Form and to the Statutes and By-Laws of the KIC LE as a member of the KIC LE and shall comply with the relevant provisions of the FPA, the SGA(s) and the Statutes and By-Laws and the decisions of the KIC LE for the performance of its KAVA Tasks and the fulfilment of its obligations under this Agreement and the Specific Annexes EIT Manufacturing Partner, being a Linked Third Party, acknowledges that it has full knowledge of the FPA, the model SGA and the Statutes and By-Laws of the KIC LE and shall comply with the relevant provisions of the FPA, SGA(s), the Statutes and By-Laws and the decisions of the KIC LE related to the Grant(s) and the performance of its KAVA Tasks. EIT Manufacturing Partner undertakes to take part in the efficient implementation of its KAVA Tasks, and to cooperate, perform and fulfil, promptly and on time, all of its obligations under the FPA, the SGA(s) and this Agreement and the Specific Annexes as may be reasonably required from it and in a manner of good faith as prescribed by Belgian law. EIT Manufacturing Partner undertakes to notify promptly any significant information, fact, problem or delay likely to affect the implementation of its KAVA Tasks. In particular, EIT Manufacturing Partner shall provide the agreed deliverables in a timely manner for its KAVA Tasks, including any interim updates, reporting with regard to KPIs and deliverables and cost reports. The KIC LE undertakes to perform all obligations imposed on it under the FPA and SGA(s) in accordance with the terms and conditions of those agreements and this Agreement and the Specific Annexes, including performance of the KIC Activities attributed to it. The KIC LE shall in a timely manner provide the information it is under an obligation to deliver to EIT Manufacturing Partner. The KIC LE shall make timely payments to the EIT Manufacturing Partner in accordance with Article 7.2. Each Party shall take reasonable measures to ensure the accuracy of any information or materials it supplies to the other Party.
General principles. Each Party undertakes to take part in the efficient implementation of the Activity, and to cooperate, perform and fulfil, promptly and on time, all of its obligations under this Consortium Agreement as may be reasonably required from it and in a manner of good faith as prescribed by Austrian law. Each Party undertakes to notify promptly, in accordance with the governance structure of the Activity, any significant information, fact, problem or delay likely to affect the Activity. Each Party shall promptly provide all information reasonably required by the Activity Leader to carry out its tasks. Each Party shall take reasonable measures to ensure the accuracy of any information or materials it supplies to the other Parties.
General principles. 8.2.1 Each Party shall implement its tasks in accordance with the Activity Plan and shall bear sole responsibility for ensuring that it acts within the Activity do not knowingly infringe third party property rights.