Double Funding definition

Double Funding means funding provided in violation of Article 9 of the RRF Regulation.
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Double Funding means the situation wheíe the same costs foí the same activity aíe funded twice thíough the use of public r"⭲ds. It is a r"⭲damc⭲tal píi⭲ciplc "⭲dcípi⭲⭲i⭲g tkc í"lcs roí p"blic cxpc⭲dit"íc i⭲ tkc EU tkat ⭲o costs roí tkc samc acti:itQ ca⭲ bc r"⭲dcd twicc ríom tkc EU b"dgct. Moíc o⭲ tkis Qo" ca⭲ ri⭲d "⭲dcí “Financial guidelines foí applicants”.
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Double Funding means the situation where the same costs for the same activity are funded twice through the use of public funds. It is a fundamental principle underpinning the rules for public expenditure in the EU that no costs for the same activity can be funded twice from the EU budget. It is not allowed in any circumstances. The Third Party undertakes to follow this rule. The Third Party cannot use funds received under this Agreement to cover activities other than the ones related to the Third Party Project. All payment requests under this Agreement must be submitted to CISPA together with the agreed deliverable and any required cost claim documents. Upon approval of the deliverable and reports and documents by CISPA, funding will be transferred to the Third Party. CISPA is entitled to reduce the amount payable in case of improper implementation of the Third Party Project or insufficient reports and documentation. The Third Party shall be responsible for its costs and for the costs’ eligibility for funding, and for keeping all required records and accounts for its costs. CISPA will claim back any amount that was unduly paid. The Third Party must also keep any information and supporting documentation regarding the verification of proper implementation of the Third Party Project (including achievement of the agreed Results and deliverables, evaluation of impact) and the verification of compliance with obligations under this Agreement, and make such information and supporting documentation available to CISPA or the Funding Authority upon request. The Third Party must keep the original documents for at least 6 years after the Third Party Project ends. Digital and digitised documents can be considered originals if authorised by the applicable national law. If there are on-going checks, reviews, audits, investigations, litigation or other pursuits of claims under the Agreement, the Third Party must keep the records and other supporting documentation until such checks, reviews, audits, investigations, litigation or other pursuits of claims under the Agreement are resolved.
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Examples of Double Funding in a sentence

  • In the part relating to Double Funding, the Applicant is to mark YES or NO to each of the options and in those cases where YES is marked to the Undertaking has been approved or will seek public funding, a copy of the documentation is to be uploaded with this declaration.

  • However, as outlined in section 7.2.5 of the Request for Tender (RFT), each Respondent is asked to declare (using the Double Funding Form) any actual or potential contractual relationships with public funding bodies (Australian, state, territory or local government) under which it may be entitled to a fee for the provision of the same or similar services prior to a Deed being finalised.

  • The beat validation block detects this and marks the beats as unreliable (the IBI maskfrom the lower panel is set to > 0).

  • Random Samples for the Exclusion of Double Funding / Duration of Storage Based on § 4.2 of the StipG, the Federal Ministry of Education and Research conducts random tests to prevent double funding.

  • Perrett, “World Leaders at COP26 Strike Agree- ment to ‘Phase Down’ Unabated Coal and Call on Wealthy Nations to Double Funding to Vulnerable Nations.” Busi- ness Insider (November 13, 2021) Available at: https://www.

  • Modi Operandi: Double Funding and Need for Enhanced Donor Co-operationThere are some typical modus operandi encountered by OLAF investigators in certain cases in the field of external, development and humanitarian aid that display the features and characteristics of organized fraud.

  • Sargent, Jr.; CRS Report IN10263, Decadal Effort to Double Funding for Physical Sciences and Engineering Research Stalled, by JohnF.

  • A list of approved caterers is available from the Head of Marketing, Foundation and Communications.

  • Double Funding, i.e the same project is funded twice by the same public funding source, is not, however, allowed.

  • Jeremy Singer, “U.S. Air Force Seeks to Double Funding for T-Sat, Space Radar,” Space News (February 2004); available from http://www.space.com/spacenews/archive04/tsatarch_020904.html; Internet; accessed 27 April 2005.


More Definitions of Double Funding

Double Funding means the situation where the same costs for the same activity are funded twice through the use of public funds. It is a fundamental principle underpinning the rules for public expenditure in the EU that no costs for the same activity can be funded twice from the EU budget. More on this you can find under “Financial guidelines for applicants”.
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Related to Double Funding

  • Table funding means a settlement at which a mortgage loan is funded by a contemporaneous advance of loan funds and an assignment of the loan to the person advancing the funds.

  • Reportable Fund means any 1940-Act registered open end investment company for which an Adviser serves as investment adviser as defined in Section 2(a)(2) of the 1940 Act, or any 1940-Act registered investment company whose investment adviser or principal underwriter Controls an Adviser, is Controlled by an Adviser or is under common Control with an Adviser.

  • Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.

  • Note Interest Shortfall means, for a Class and a Payment Date, an amount equal to the excess, if any, of the Accrued Note Interest for the prior Payment Date for the Class over the amount of interest that was paid to the Noteholders of that Class on the prior Payment Date, together with interest on the excess amount, to the extent lawful, at the Note Interest Rate for the Class for that Interest Period.

  • Group II means Series 2018-5 and each other Series specified in the related Supplement to be included in Group II.

  • Available Funds With respect to any Distribution Date and the Mortgage Loans to the extent received by the Master Servicer (x) the sum of (i) all scheduled installments of interest (net of the related Expense Fees) and principal due on the Due Date on such Mortgage Loans in the related Due Period and received by the Servicer on or prior to the related Determination Date, together with any P&I Advances in respect thereof; (ii) all Condemnation Proceeds, Insurance Proceeds, Liquidation Proceeds and Subsequent Recoveries received by the Servicer during the related Prepayment Period (in each case, net of unreimbursed expenses incurred in connection with a liquidation or foreclosure and unreimbursed Advances, if any); (iii) all partial or full prepayments on the Mortgage Loans received by the Servicer during the related Prepayment Period together with all Compensating Interest paid by the Servicer in connection therewith (excluding any Prepayment Charges); (iv) all Substitution Adjustment Amounts with respect to the substitutions of Mortgage Loans that occur on or prior to the related Determination Date; (v) all amounts received with respect to such Distribution Date as the Repurchase Price in respect of a Mortgage Loan repurchased by the Mortgage Loan Seller or the Sponsor on or prior to the related Determination Date; and (vi) the proceeds with respect to the termination of the Trust Fund pursuant to clause (a) of Section 11.01; reduced by (y) amounts in reimbursement for Advances previously made with respect to the Mortgage Loans and other amounts as to which the Servicer, the Depositor, the Master Servicer, the Securities Administrator or the Trustee are entitled to be paid or reimbursed pursuant to this Agreement.