Examples of Union contribution in a sentence
In this respect, where a profit is made, the Commission shall be entitled to recover the percentage of the profit corresponding to the Union contribution to the eligible costs actually incurred by the Beneficiary to carry out the action.
The increase of the maximum Union contribution set in the first paragraph of Article 2 of this Decision shall not exceed 20%.The authorising officer responsible may apply the changes referred to in the first paragraph.
Revenues consist mainly of the Union contribution (subsidy) received from the European Commission.
In this respect, where a profit is made, the Commission shall be entitled to recover the percentage of the profit corresponding to the Union contribution to the eligible costs actually incurred by the beneficiary to carry out the action.
If the proposal is selected for funding, the European Union contribution will be calculated more accurately during the negotiations taking into account any recommendations made by the independent evaluators.
Fiduciary accountThe entrusted entity shall set up a fiduciary account to hold the Union contribution and revenues resulting from the Union contribution.
Audits on the use of the Union contribution carried out by persons or entities, including by others than those mandated by the Union institutions or bodies, shall form the basis of the overall assurance pursuant to Article 127 of the Financial Regulation.
Applicants are not required to calculate the amount of the estimated European Union contribution.
This payment is increased to 70% for projects with an implementation period of 24 months or less or a Union contribution of € 300 000 or less.
Created donor recognition program and researched and purchased donor database software.