Common use of Durability and ownership of results Clause in Contracts

Durability and ownership of results. 1. In accordance with Article 71 of the Common Provisions Regulation and Chapter 7.12 of the Programme Manual the ownership of the outputs having the character of investments in infrastructure and productive investments produced during the project implementation shall remain with the LP or PPs for at least five years from the final payment to the lead partner. In case of SMEs the time-limit is three years.

Durability and ownership of results. 1. 19.1 In accordance with Article 71 of the Common Provisions Regulation and with Chapter 7.12 of the Programme Manual the ownership of the outputs having the character of investments in infrastructure and productive investments produced during the project implementation shall remain with the LP or PPs for at least five years from the final payment to the lead partnerLP. In case of SMEs the time-limit is three years.