ELIGIBLE AND INELIGIBLE Sample Clauses

ELIGIBLE AND INELIGIBLE. COSTS 6.1 Eligible costs A. Direct and indirect costs of the action are eligible (‘eligible costs’), if they correspond to the lump sum set out in Annex 2 and if the corresponding tasks or parts of the action have been properly implemented in accordance with Annex 1. 6.2 Ineligible costs ‘Ineligible costs’ are: (a) costs that do not comply with the conditions set out above (see Article 6.1) and (b) costs reimbursed under another EU or Euratom grant (including grants awarded by a Member State and financed by the EU or Euratom budget and grants awarded by bodies other than the Agency for the purpose of implementing the EU and Euratom budget; in particular, indirect costs if the beneficiary is already receiving an operating grant financed by the EU or Euratom budget in the same period. 6.3 Consequences of declaration of ineligible costs Declared costs that are ineligible will be rejected (see Article 42). This may also lead to any of the other measures described in Chapter 6.
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ELIGIBLE AND INELIGIBLE. COSTS 6.1 General conditions for costs to be eligible Unit cost are eligible (‘eligible costs’) if: (a) they are calculated as follows: {amounts per unit set out in Annex 2 multiplied by the number of actual units}. (b) the number of actual units complies with the following: - the units must be actually used or produced in the period set out in Article 3; - the units must be necessary for implementing the action or produced by it, and - the number of units must be identifiable and verifiable, in particular supported by records and documentation (see Article 18). 6.2 Specific conditions for costs to be eligible The following costs are eligible costs, if they comply with the general conditions (see above) and the following specific conditions for each budget category: A. Costs of recruited researchers (A.1 Living allowance, A.2 Mobility allowance and A.3 Family allowance) are eligible, if: (a) the number of units declared: (i) corresponds to the actual number of months spent by the recruited researchers on the research training activities and (ii) does not exceed 36 months (per researcher)[;][, and] (iii) [OPTION for EID: are, for each researcher, spent to at least 50% with one or more beneficiaries or partner organisations from the non-academic sector.] (b) the recruited researchers comply with the following conditions: (i) be recruited by the beneficiary under an employment contract (or other direct contract with equivalent benefits, including social security coverage) or — if not otherwise possible under national law — under a fixed-amount-fellowship agreement with minimum social security coverage; (ii) be employed for at least 3 months; (iii) be employed full-time, unless the Agency has approved a part-time employment for personal or family reasons; (iv) be working exclusively for the action; (v) not have resided in the country where the research training activities take place for more than 12 months in the 3 years immediately prior to the recruitment date (and not have carried out their main activity (work, studies, etc.) in that country). For beneficiaries that are the international European interest organisations or international organisations: not have spent with the beneficiary more than 12 months in the 3 years immediately prior to the recruitment date; (vi) be — at the date of recruitment — an ‘early stage researcher’ (i.e. in the first four years of his/her research career and not have a doctoral degree); (vii) [
ELIGIBLE AND INELIGIBLE. COSTS SME-Ph1 mono-beneficiary replaced provision: ARTICLE 6

Related to ELIGIBLE AND INELIGIBLE

  • Eligible Assets The Fund shall only make investments in the Eligible Assets as described on Exhibit B, as amended from time to time with the prior written consent of Xxxxx Fargo, in accordance with the Fund’s investment objectives and the investment policies set forth in the Offering Memorandum, as such investment objectives and investment policies may be modified in accordance with the 1940 Act and applicable law and, if applicable, the Related Documents.

  • Ineligible Costs ‘Ineligible costs’ are:

  • Ineligible Items You agree that you will not use this Service to deposit any ineligible items, including, but not limited to, the following:

  • Eligible Costs II.14.1 Eligible costs of the action are costs actually incurred by a beneficiary, which meet the following criteria: – they are incurred during the duration of the action as specified in Article I.2.2 of the agreement, with the exception of costs relating to final reports and certificates on the action’s financial statements and underlying accounts; – they are connected with the subject of the agreement and they are indicated in the estimated overall budget of the action; – they are necessary for the implementation of the action which is the subject of the grant; – they are identifiable and verifiable, in particular being recorded in the accounting records of a beneficiary and determined according to the applicable accounting standards of the country where the beneficiary is established and according to the usual cost-accounting practices of the beneficiary; – they comply with the requirements of applicable tax and social legislation; – they are reasonable, justified, and comply with the requirements of sound financial management, in particular regarding economy and efficiency. The beneficiaries’ accounting and internal auditing procedures must permit direct reconciliation of the costs and revenue declared in respect of the action with the corresponding accounting statements and supporting documents.

  • Eligible Tenderers 3.1 A Tenderer may be a firm that is a private entity, an individual, a state-owned enterprise or institution subject to ITT3.7, or any combination of such entities in the form of a joint venture (JV) under an existing agreement or with the intent to enter into such an agreement supported by a letter of intent. Public employees and their close relatives (spouses, children, brothers, sisters and uncles and aunts) are not eligible to participate in the tender. In the case of a joint venture, all members shall be jointly and severally liable for the execution of the entire Contract in accordance with the Contract terms. The JV shall nominate a Representative who shall have the authority to conduct all business for and on behalf of any and all the members of the JV during the Tendering process and, in the event the JV is awarded the Contract, during contract execution. The maximum number of JV members shall be specified in the TDS.

  • Eligible Items You agree to scan and deposit only checks, as that term is defined in Federal Reserve Regulation CC (“Reg. CC”). You agree that the image of the check transmitted to us shall be deemed an “item” within the meaning of Article 4 of the Uniform Commercial Code as adopted in Tennessee. You agree that you will not use RDC to scan and deposit any of the following checks or other items:

  • Eligible Accounts The words “Eligible Accounts” mean at any time, all of Borrower’s Accounts which contain selling terms and conditions acceptable to Lender. The net amount of any Eligible Account against which Borrower may borrow shall exclude all returns, discounts, credits, and offsets of any nature. Unless otherwise agreed to by Lender in writing, Eligible Accounts do not include:

  • Eligible Inventory As to each item of Inventory that is identified by any Borrower as Eligible Inventory in a Borrowing Base Certificate submitted to Agent, such Inventory is (a) of good and merchantable quality, free from known defects, and (b) not excluded as ineligible by virtue of one or more of the excluding criteria (other than Agent-discretionary criteria) set forth in the definition of Eligible Inventory.

  • Eligible Courses A. All courses offered for dual credit by Hill College will be either college-level academic courses, identified from the current edition of the Texas Higher Education Coordinating Board Lower-Division Academic Course Guide Manual or college-level workforce education courses, identified from the current edition of the Workforce Education Course Manual.

  • Eligible Account 13 ERISA ......................................................................................13

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