IMI2 JU definition
Examples of IMI2 JU in a sentence
The Coordinator shall promptly forward all such information to the other Beneficiaries and to the IMI2 JU, while copying the Project Leader.
The IMI2 JU has announced its intention to make the Grant in respect of the Action, subject to the terms of the Grant Agreement, and subject to the Beneficiaries entering into an agreement governing their collaboration (the “Consortium Agreement”).
Certification of the contribution from Beneficiaries not receiving IMI2 JU funding is prescribed in this guideline.
The Coordinator must receive these reports timely in order to enable him to meet the sixty (60) Days timeline for submission to IMI2 JU.
The Beneficiaries, having considerable experience in the field concerned, have submitted a proposal for the Action [Insert name of project] to IMI2 JU as part of the Innovative Medicines Initiative 2 Joint Undertaking programme, a public-private partnership between the European Union and the European pharmaceutical industry.
The Coordinator will notify each of the Beneficiaries eligible to receive IMI2 JU funding promptly of the date and amount transferred to its respective bank account and shall give the relevant references.
Upon the IMI2 JU confirming to the Coordinator receipt of notice of termination, the Grant Agreement shall be terminated with effect from that date as stated in the notice of termination and this Consortium Agreement shall be deemed to have been terminated on the same date.
The Coordinator shall hold such funds in trust for the benefit of the other Beneficiaries eligible to receive IMI2 JU funding until such time such funds are transferred to the Beneficiaries eligible to receive IMI2 JU funding.
For the avoidance of doubt, where the IMI2 JU shall refuse to accept any cost claimed by a departing Beneficiary eligible to receive IMI2 JU funding, that departing Beneficiary shall have no right to recover the same from any (other) Beneficiary or from any IMI2 JU funding held or which may be received.
IMI2 JU operates under the general rules of participation of the H2020 programme, to which, however, a number of derogations apply due to the special character of the programme being a public-private partnership.