Consortium Budget definition

Consortium Budget means the allocation of all the resources in cash or in kind for the activities as defined in Annex I of the Grant Agreement and in the Consortium Plan thereafter.
Consortium Budget means the allocation of all the resources in cash or in kind for the activities as defined in Annex 2 of this Consortium Agreement and includes the annually updated Consortium Plans thereafter. "Defaulting Party” Defaulting Party means a Party, which the NORDRESS Council has identified to be in breach of this Consortium Agreement as specified in Article 4.2 of this Consortium Agreement.
Consortium Budget means the allocation of all the resources in cash or in kind for the activities as defined in Annex I of the Grant Agreement and in the Consortium Plan thereafter. The Consortium Budget comprises the total resources needed to execute the Project. This is more than the eligible costs and the European Community financial contribution. Insight in the costs of the total resources of the Project helps to manage the Consortium in the most effective way. The Consortium Budget should be organised according to the tasks and deliverables as scheduled in the Consortium Plan. These tasks and deliverables normally will be reviewed at least every six months by the Executive Board; most tasks however will have a longer time span than these six months. In order to arrive at a practical organisation, it makes sense to partitionate the Consortium Budget in six months parts (making this a management cycle). An inherent part of the Consortium Budget needs to be a detailed payment scheme where, according to decisions made, the payments will be scheduled: in time, to tasks and to Parties.

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.


More Definitions of Consortium Budget

Consortium Budget means the respective Project Shares and the distribution of the Community funding as it will be agreed by the Parties from time to time;
Consortium Budget means the allocation of the EU financial contribution for the activities as defined in Annex I of the Grant Agreement and in the Consortium Plan thereafter.
Consortium Budget means the allocation of all the resources in cash or in kind for the activities as defined in Annex I of the The Consortium Budget comprises the total resources needed to execute the Project. This is more than the European Community Grant Agreement and in the Consortium Plan thereafter. contribution. Insight in the total costs of the Project, helps to manage the Consortium in the most effective way. The Consortium Budget should be organised according to the tasks and deliverables as scheduled in the Consortium Plan. These tasks and deliverables normally will be reviewed at least every six months by the Executive Board; most tasks however will have a longer time span than this six months. In order to arrive at a practical organisation, it makes sense to partitionate the Consortium Budget in six months parts. An inherent part of the Consortium Budget needs to be a detailed payment scheme where ,according to decisions made, the advanced payments will be scheduled: in time, to tasks and to Parties.
Consortium Budget. Consortium Budget means the allocation of the EU financial contribu- tion for the activities as defined in Annex I of the Grant Agreement and in the Consortium Plan thereafter. Clinical Database” The Clinical Database to be delivered under the Clinical Trial shall be the property of the sponsor (the coordinator) and the development of this Clinical Database shall be the Foreground jointly owned by the Par- ties that have developed it. Clinical Trial on human beings is any investigation on human subjects intended to investigate or verify the clinical or pharmacological effects of medicinal products, or to identify side-effects or to study the absorp-tion, distribu- Consortium Agreement – CULPRIT-SHOCK Version 1.0 – 2013/06/13 tion, metabolisation or excretion, with the aim of ascertain-ing the safe- ty or efficacy of the medicinal product
Consortium Budget means the allocation of all the resources in cash for the activities as defined in Annexes 1 and 2 of the Grant Agreement and in the Consortium Plan thereafter and is subject to approval by the Project Management Board. The Consortium Budget is detailed at Annex B to this Consortium Agreement, which must be reviewed, and revised if required, and reconfirmed quarterly by the Project Management Board.
Consortium Budget means the allocation of all the resources in cash or in kind for the activities as defined in Annex I of the Grant Agreement and in Appendix 1 of this Consortium Agreement.
Consortium Budget means the allocation of all the resources in cash or in kind for the activities as defined in Annex IB of the relevant Grant Agreements and in the Consortium Plan IB thereafter.