Examples of Consortium Budget in a sentence
The distribution of funds will be specified in the Consortium Budget.
The Consortium Budget shall be valued in accordance with the usual accounting and management principles and practices of the respective Parties.
The financial contribution of the Parties to the 4TU.ResearchData shall be distributed by the Coordinator according to the Consortium Budget as included Annex 1.
Any additional costs which are not covered by the Defaulting Party shall in principle be apportioned to the remaining Parties pro rata to their share in the total costs of the Collaboration as identified in the Consortium Budget.
Estimates for the Consortium Budget for the next four (4) calendar years will be presented to the senior management of every Party for approval yearly.