Additional Participants definition
Examples of Additional Participants in a sentence
Additional Participants must sign a signature addendum and an oath of confidentiality.
The Recipient is not obliged to withdraw from the Contract with the other Additional Participants only because some Additional Participants withdrew from the Contract.
The Contracting Parties acknowledge that none of the Additional Participants is responsible in a solidary way, i.e. jointly and severally, for a breach of the obligations resulting from this Contract by another Contracting Party.
Other Additional Participants For any additional Participants other than the State and UT, admission of additional Participants will only be made by unanimous approval of all current Participants, excluding only those Participants in the process of withdrawing or involuntarily withdrawing under provisions of this Agreement.
The Contracting Parties further undertake to comply with the obligations under Article 4 of the Provider's General Terms and Conditions, Additional Participants are also obliged to provide all cooperation in order to comply with these obligations to the Recipient, including the Recipient's liability for the breach of budgetary discipline by the Additional Participant.
The Recipient shall transfer from its bank account to the bank accounts of the Additional Participants, without undue delay, the relevant parts of the grant according to the Paragraph 1, in the total amount for all approved sub-projects.
The Company shall update the list of Participants from time to time to reflect the addition of any Additional Participants pursuant to this Section 7.2. Any update to such list of Participants or the joining of any Additional Participant as a party to this Agreement pursuant to this Section 7.2 shall not require the consent of, or notice to, any of the parties to this Agreement.
A Participant’s Pro-Rata Formula will be adjusted, from time to time, to reflect any changes in the composition of Participants, including the admission of Additional Participants under Article VIII of this Agreement.
The Recipient shall transfer to the Additional Participants in the Project a relevant part of the grant in accordance with the Key Project Parameters document which is an integral part of the Project Contract concluded between the Provider and the Recipient, within 30 days after the Recipient receives the grant from the Provider.
The Additional Participants are obliged to provide the Recipient with cooperation in preparing the proposal of the implementation plan.