Common use of Article II Clause in Contracts

Article II. 14 Who Mandatory for all beneficiaries based on conditions set up in the GA Optional and foreseen for beneficiaries with multiple participations based on criteria defined by the Commission (see above). Optional for any beneficiary applying average personnel costs. If total contribution < € 375.000 no CFS required For beneficiaries with multiple participations The method has to be consistent with the usual cost accounting practice of the beneficiary For projects > 2 years: Interim and/or final payment Each time that the cumulated EU contribution not covered by a CFS is ≥ €375.000: CFS is required The average costs cannot differ significantly from actual personnel costs. The Commission defines acceptance criteria (see Art. II.14.1).

Appears in 2 contracts

Sources: Model Grant Agreement, Model Grant Agreement