Period of Execution Sample Clauses

Period of Execution. 19.1 The duration of this contract shall be two years. However, this contract may be extended for a further three (3) months under the same terms and conditions.
AutoNDA by SimpleDocs
Period of Execution. 19.1 The duration of this contract shall be up to 31st March 2011. However, this contract may be extended for a further three (3) months under the same terms and conditions.
Period of Execution. The period of execution of the Financing Agreement shall comprise two phases: an operational implementation phase, in which the principal activities are carried out. This phase shall commence on the entry into force of the Financing Agreement and end with the opening of the closure phase; a closure phase, during which final audits and evaluation are carried out and contracts and programme estimates for the implementation of the Financing Agreement are technically and financially closed. This phase shall end at the latest 24 months after the end of the operational implementation phase. Costs related to the principal activities shall be eligible for EU financing only if they have been incurred during the operational implementation phase. Costs related to final audits and evaluation and closure activities shall be eligible up to the end of the closure phase. Any balance remaining from the EU contribution will be automatically decommitted no later than six months after the end of the period of execution. In exceptional and duly substantiated cases, a request may be made for the extension of the operational implementation phase and correlatively of the period of execution. If the extension is requested by the Beneficiary, the request must be made at least three months before the end of the operational implementation phase and approved by the Commission before that latter date. In exceptional and duly substantiated cases, and after the end of the operational implementation phase, a request may be made for the extension of the closure phase and correlatively of the period of execution. If the extension is requested by the Beneficiary, the request must be made at least three months before the end of the closure phase and approved by the Commission before that latter date. TITLE III - PAYMENTS TO BE MADE BY THE COMMISSION TO THIRD PARTIES ARTICLES-DEADLINE FOR PAYMENTS TO BE MADE BY THE COMMISSION TO THIRD PARTIES
Period of Execution. The period of execution of the financing agreement shall commence on the entry into force of the financing agreement and end at This period of execution shall comprise two phases: an operational implementation phase, which shall commence on the entry into force of the financing agreement and end at 31/12/2009. As from this date shall commence the closure phase, which shall end at the end of the period of execution.
Period of Execution. 6.1. The Company may set the date and time when a particular Underlying asset expires. This should be displayed on the Platform. The customer agrees that checking the expiration date and time is its responsibility.
Period of Execution. 4.1 The financing agreement shall lay down a period of execution, which shall commence on the entry into force of the financing agreement and end on the date specified to this end in Article 4 of the Special Conditions.
Period of Execution. The period of execution of the Financing Agreement as defined in Article 4 of the General Conditions shall commence on the entry into force of the Financing Agreement and end 60 months after this date. The duration of the operational implementation phase is fixed at 36 months. The duration of the closure phase is fixed at 24 months.
AutoNDA by SimpleDocs
Period of Execution. 5.1 The period of execution of the Financing Agreement as defined in Article 4 of the General Conditions shall commence on the entry into force of the Financing Agreement and end 72 months after this date.
Period of Execution. 1. If not specified by an exact date, the deadlines for the delivery of the Deliverables are set forth as a number of months after the date of signing of the Contract for delivery (hereinafter “x months post contract”) as follows: i. Deliverable D1 – up to 5 months post Contract execution,
Period of Execution. Unless otherwise defined, any information given with respect to beginning, duration and completion of Service are approximated data and are subject to availability of parts. In the event of Service being delayed, interrupted or impeded by circumstances for which MTU is not responsible for, the Purchaser shall allow corresponding extension of the execution period, plus necessary time for preparation and recom- mence of Service. Unless otherwise agreed, for compensation of any damages caused by delay for which MTU is exclusively responsible, the Purchaser shall receive a flat compensation of 0,5% per week with max. 5% related to the final invoice value. In case of MTU´s is responsible for delay the provisions of the article XIV. 1. b remains applicable.
Time is Money Join Law Insider Premium to draft better contracts faster.