KIC Partners definition
Examples of KIC Partners in a sentence
The KIC Partners must make such purchases ensuring the best value for money or, if appropriate, the lowest price.
Contractor hereby grants to EIT Food an irrevocable, perpetual, non-exclusive, worldwide and free of charge license, with the right to sub-license to the KIC Partners, to any intellectual property of Contractor that is reasonably required by EIT Food to use the material generated by Contractor for EIT Food.
The amount to be paid may however be offset — without the KIC Partner's consent — against any other amount owed by a KIC Partner to the EIT, up to the maximum EIT contribution indicated, for that KIC Partner, in the estimated budget (see Annex 2).
The KIC Partners may declare costs related to the payment of in-kind contributions as eligible (see Article 5), up to the third parties’ costs for the seconded persons, contributed equipment, infrastructure or other assets or other contributed goods and services.
The KIC Partners may declare costs incurred by the third parties for the seconded persons, contributed equipment, infrastructure or other assets or other contributed goods and services as eligible in accordance with Article 5.
The KIC Partners must ensure that the EIT, Commission, the European Court of Auditors (ECA) and the European Anti-fraud Office (OLAF) can exercise their rights under Articles 28 and 29 of the Framework Partnership Agreement also towards the third parties receiving financial support.
The KIC Partners must ensure that the EIT, Commission, the European Court of Auditors (ECA) and the European Anti-fraud Office (OLAF) can exercise their rights under Articles 28 and 29 of the Framework Partnership Agreement also towards the third parties receiving a prize.
To confirm standard factual findings 61-65 listed in the next column, the Auditor: o obtained a description of the KIC Partner's usual cost accounting practice to calculate costs of internally invoiced goods and services (unit costs); 61) The costs of internally invoiced goods and services included in the Financial Statement were calculated in accordance with the KIC Partner's usual cost accounting practice.
The KIC LE must distribute the payments between the KIC Partners without unjustified delay.
The KIC Partners and linked third parties must declare all eligible costs, even if — for actual costs, unit costs and flat-rate costs — they exceed the amounts indicated in the estimated budget (see Annex 2).