Common use of December 2020 Clause in Contracts

December 2020. The funds of the 11th EDF, and in the case of the Investment Facility the funds stemming from reflows, shall no longer be committed beyond 31 December 2020 unless the Council acting unanimously on a proposal of the Commission decides otherwise. However, the funds subscribed by the Member States under the 9th, 10th and 11th EDFs to finance the Investment Facility shall remain available after 31 December 2020 for disbursement, until a date to be laid down in the Financial Regulation referred to in Article 10(2).

Appears in 8 contracts

Samples: Internal Agreement, Internal Agreement, Treaty Series 2015

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December 2020. The funds of the 11th EDF, and and, in the case of the Investment Facility Facility, the funds stemming from reflows, shall no longer be committed beyond 31 December 2020 2020, unless the Council acting unanimously of the European Union decides otherwise by unanimity, on a proposal of from the Commission decides otherwiseCommission. However, the funds subscribed by the Member States under the 9th, 10th and 11th EDFs EDF to finance the Investment Facility Facilities shall remain available after 31 December 2020 for disbursement, until a date to be laid down in the Financial Regulation referred to in Article 10(2).

Appears in 3 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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