Common use of Budget transfers without amendment Clause in Contracts

Budget transfers without amendment. Without prejudice to Article II.13, the ceilings mentioned for each budget category in Annex IV and provided that the Project is implemented as described in Annex II, the beneficiary is allowed to adjust the estimated budget set out in Annex II, by transfers between the different budget categories, without this adjustment being considered as an amendment of the Agreement within the meaning of Article II.13 provided that the following rules are respected: The beneficiary is allowed to transfer up to 100% of the funds allocated for organisational support to travel, individual support and course fees; The beneficiary is allowed to transfer up to 50% of the funds allocated for travel, individual support and course fees between these three budget categories. The beneficiary is allowed to transfer funds allocated from any budget category to special needs support, even if initially no funds were allocated for special needs support as specified in Annex II. – REPORTING AND PAYMENT ARRANGEMENTS The following reporting and payment provisions apply:

Budget transfers without amendment. Without prejudice The beneficiary is allowed to transfer funds between the different budget categories resulting in a change of the estimated budget and the related activities described in Annex II, without requesting an amendment of the Agreement as specified in Article II.13, under the ceilings mentioned for each budget category in Annex IV and provided conditions that the Project is implemented as in accordance with the approved project application and overall objectives described in Annex II, the beneficiary is allowed to adjust the estimated budget set out in Annex II, by transfers between the different budget categories, without this adjustment being considered as an amendment of the Agreement within the meaning of Article II.13 provided that and the following specific rules are respected: The beneficiary is allowed to transfer up to 100% of the funds allocated for organisational support to travel, individual support and course feesother budget categories; The beneficiary is allowed to transfer up to 50% of the funds allocated for travel, individual support and course fees between these three budget categories. The beneficiary is allowed to transfer funds allocated from for any budget category to special needs supportsupport and exceptional costs covering financial guarantee or expensive travel costs, even if initially no funds were allocated for special needs support these categories as specified in Annex II. – REPORTING AND PAYMENT ARRANGEMENTS The following reporting and payment provisions apply:

Budget transfers without amendment. Without prejudice The beneficiary is allowed to transfer funds between the different budget categories resulting in a change of the estimated budget and the related activities described in Annex II, without requesting an amendment of the Agreement as specified in Article II.13, under the ceilings mentioned for each budget category in Annex IV and provided condition that the Project is implemented as in accordance with the approved project application and overall objectives described in Annex II, the beneficiary is allowed to adjust the estimated budget set out in Annex II, by transfers between the different budget categories, without this adjustment being considered as an amendment of the Agreement within the meaning of Article II.13 provided that and the following specific rules are respected: The beneficiary is allowed to transfer up to 100% of the funds allocated for organisational support to travel, individual support and course feesother budget categories; The beneficiary is allowed to transfer up to 50% of the funds allocated for travel, individual support and course fees between these three budget categories. The beneficiary is allowed to transfer funds allocated from for any budget category to special needs supportsupport and exceptional costs covering financial guarantee or expensive travel costs, even if initially no funds were allocated for special needs support these categories as specified in Annex II. – REPORTING AND PAYMENT ARRANGEMENTS The following reporting and payment provisions shall apply:

Budget transfers without amendment. Without prejudice The beneficiary is allowed to Article II.13, transfer funds between the ceilings mentioned for each different budget category categories resulting in Annex IV a change of the estimated budget and provided that the Project is implemented as related activities described in Annex II, the beneficiary is allowed to adjust the estimated budget set out in Annex II, by transfers between the different budget categories, without this adjustment being considered as requesting an amendment of the Agreement within as specified in Article II.13, under the meaning of Article II.13 provided that condition that: the Project is implemented in accordance with the approved project application and overall objectives described in Annex II, and the following specific rules are respected: The beneficiary is allowed to transfer up to 100% of the funds allocated for organisational support to travel, individual support and course feesother budget categories; The beneficiary is allowed to transfer up to 50% of the funds allocated for travel, individual support and course fees between these three budget categories. The beneficiary is allowed to transfer funds allocated from for any budget category to special needs supportsupport and exceptional costs covering financial guarantee or expensive travel costs, even if initially no funds were allocated for special needs support these categories as specified in Annex II. – REPORTING AND PAYMENT ARRANGEMENTS The following reporting and payment provisions shall apply: