Common use of Eligible Costs Clause in Contracts

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) be necessary for the purpose of the grant; b) comply with the principles of sound financial management, in particular best value for money and cost- effectiveness; c) have actually been incurred by the grantee during the implementation period as defined in Article 1.3 of this Agreement; d) be identifiable and verifiable by the European Union and the Council of Europe, in particular being recorded in the grantee's accounts and determined according to the accounting standards applicable to the grantee; e) comply with the requirements of applicable tax and social security legislation; f) be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) Debts and debts service charges; b) Provisions for losses or potential future liabilities; c) Loans to third parties; d) Interest owed by the Grantee to any third party; e) Items already financed through other sources f) Customs and import duties; g) Purchase, rent or leasing of facilities, or refurbishment of facilities unless directly related to the Action; h) Fines, Financial penalties and expenses of litigation; i) Bank charges, costs of guarantees and similar charges; j) Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) be necessary for the purpose of the grant; b) comply with the principles of sound financial management, in particular best value for money and cost- effectiveness; c) have actually been incurred by the grantee during the implementation period as defined in Article 1.3 of this Agreement; d) be identifiable and verifiable by the European Union and the Council of Europeverifiable, in particular being recorded in the grantee's accounts and determined according to the accounting standards applicable to the grantee; e) comply with the requirements of applicable tax and social security legislation; f) be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) Debts and debts service charges; b) Provisions for losses or potential future liabilities; c) Loans to third parties; d) Interest owed by the Grantee to any third party; e) Items already financed through other sources f) Customs and import duties; g) Purchase, rent or leasing of facilities, or refurbishment of facilities unless directly related to the Action; h) Fines, Financial penalties and expenses of litigation; i) Bank charges, costs of guarantees and similar charges; j) Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) be necessary for the purpose of the grant; b) comply with the principles of sound financial management, in particular best value for money and cost- effectiveness; c) have actually been incurred by the grantee during the implementation period as defined in Article 1.3 of this Agreement; d) be identifiable and verifiable by the European Union and the Council of Europe, in particular being recorded in the grantee's accounts and determined according to the accounting standards applicable to the grantee; e) comply with the requirements of applicable tax and social security legislation; f) be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) Debts and debts service charges; b) Provisions for losses or potential future liabilities; c) Loans to third parties; d) Interest owed by the Grantee to any third party; e) Items already financed through other sources f) Customs and import duties; g) Purchase, rent or leasing of facilities, or refurbishment of facilities unless directly related to the Action; h) Fines, Financial penalties and expenses of litigation; i) Bank charges, costs of guarantees and similar charges; j) Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) : be necessary for the purpose of the grant; b) ; comply with the principles of sound financial management, in particular best value for money and cost- cost-effectiveness; c) ; have actually been incurred by the grantee during the implementation period as defined in Article 1.3 of this Agreement; d) ; be identifiable and verifiable by the European Union and the Council of Europe, in particular being recorded in the grantee's accounts and determined according to the accounting standards applicable to the grantee; e) ; comply with the requirements of applicable tax and social security legislation; f) ; be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) and have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) ): Debts and debts service charges; b) ; Provisions for losses or potential future liabilities; c) ; Loans to third parties; d) ; Interest owed by the Grantee to any third party; e) ; Items already financed through other sources f) sources Customs and import duties; g) ; Purchase, rent or leasing of facilities, or refurbishment of facilities unless directly related to the Action; h) ; Fines, Financial penalties and expenses of litigation; i) ; Bank charges, costs of guarantees and similar charges; j) ; Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) ; Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) ; Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) ; Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) : be necessary for the purpose of the grant; b) ; comply with the principles of sound financial management, in particular best value for money and cost- cost-effectiveness; c) ; have actually been incurred by the grantee during the implementation period as defined in Article 1.3 of this Agreement; d) ; be identifiable and verifiable by the European Union and the Council of Europe, in particular being recorded in the grantee's accounts and determined according to the accounting standards applicable to the grantee; e) ; comply with the requirements of applicable tax and social security legislation; f) ; be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) and have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) ): Debts and debts service charges; b) ; Provisions for losses or potential future liabilities; c) ; Loans to third parties; d) ; Interest owed by the Grantee to any third party; e) ; Items already financed through other sources f) sources Customs and import duties; g) ; Purchase, rent or leasing of facilities, or refurbishment of facilities unless directly related to the Action; h) ; Fines, Financial penalties and expenses of litigation; i) ; Bank charges, costs of guarantees and similar charges; j) ; Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) ; Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) ; Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) ; Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) be necessary for the purpose of the grant; b) comply with the principles of sound financial management, in particular best value for money and cost- effectiveness; c) have actually been incurred by the grantee during the implementation period as defined in Article 1.3 of this Agreement; d) be identifiable and verifiable by the European Union and the Council of Europeverifiable, in particular being recorded in the grantee's accounts and determined according to the accounting standards applicable to the grantee; e) comply with the requirements of applicable tax and social security legislation; f) be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) Debts and debts service charges; b) Provisions for losses or potential future liabilities; c) Loans to third parties; d) Interest owed by the Grantee to any third party; e) Items already financed through other sources f) Customs and import duties; g) Purchase, rent or leasing of facilities, or refurbishment of facilities unless directly related to the Action; h) Fines, Financial penalties and expenses of litigation; i) Bank charges, costs of guarantees and similar charges; j) Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) be necessary for the purpose of the grant; b) comply with the principles of sound financial management, in particular best value for money and cost- effectiveness; c) have actually been incurred by the grantee Grantee or the Grantees during the implementation period as defined in Article 1.3 of this Agreement; d) be identifiable and verifiable by the European Union and the Council of Europeverifiable, in particular being recorded in the grantee's accounts and determined according to the accounting standards applicable to the granteeGrantee or the Grantees; e) comply with the requirements of applicable tax and social security legislation; f) be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee Grantee or the Grantees in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) Debts and debts service charges; b) Provisions for losses or potential future liabilities; c) Loans to third parties; d) Interest owed by the Grantee or the Grantees to any third party; e) Items already financed through other sources f) Customs and import duties; g) Purchase, rent or leasing Purchase of facilities, facilities or refurbishment of facilities unless directly related to the Action; h) Fines, Financial penalties and expenses of litigation; i) Bank charges, costs of guarantees and similar charges; j) Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) be necessary for the purpose of the grant; b) comply with the principles of sound financial management, in particular best value for money and cost- effectiveness; c) have actually been incurred by the grantee Grantee or the Grantees during the implementation period as defined in Article 1.3 of this Agreement; d) be identifiable and verifiable by the European Union and the Council of Europe, in particular being recorded in the grantee's Grantee or the Grantees' accounts and determined according to the accounting standards applicable to the granteeGrantee or the Grantees; e) comply with the requirements of applicable tax and social security legislation; f) be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee Grantee or the Grantees in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) Debts and debts service charges; b) Provisions for losses or potential future liabilities; c) Loans to third parties; d) Interest owed by the Grantee or the Grantees to any third party; e) Items already financed through other sources f) Customs and import duties; g) Purchase, rent or leasing Purchase of facilities, facilities or refurbishment of facilities unless directly related to the Action; h) Fines, Financial penalties and expenses of litigation; i) Bank charges, costs of guarantees and similar charges; j) Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) : be necessary for the purpose of the grant; b) ; comply with the principles of sound financial management, in particular best value for money and cost- cost-effectiveness; c) ; have actually been incurred by the grantee during the implementation period as defined in Article 1.3 of this Agreement; d) ; be identifiable and verifiable by the European Union and the Council of Europeverifiable, in particular being recorded in the grantee's accounts and determined according to the accounting standards applicable to the grantee; e) ; comply with the requirements of applicable tax and social security legislation; f) ; be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) and have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) ): Debts and debts service charges; b) ; Provisions for losses or potential future liabilities; c) ; Loans to third parties; d) ; Interest owed by the Grantee to any third party; e) ; Items already financed through other sources f) sources Customs and import duties; g) ; Purchase, rent or leasing of facilities, or refurbishment of facilities unless directly related to the Action; h) ; Fines, Financial penalties and expenses of litigation; i) ; Bank charges, costs of guarantees and similar charges; j) ; Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) ; Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) ; Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) ; Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) be necessary for the purpose of the grant; b) comply with the principles of sound financial management, in particular best value for money and cost- effectiveness; c) have actually been incurred by the grantee Grantee or the Grantees during the implementation period as defined in Article 1.3 of this Agreement; d) be identifiable and verifiable by the European Union and the Council of Europe, in particular being recorded in the grantee's accounts and determined according to Grantee or the accounting standards applicable to the granteeGrantees' accounts; e) comply with the requirements of applicable tax and social security legislation; f) be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee Grantee or the Grantees in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, in principle, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must should be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) Debts and debts service charges; b) Provisions for losses or potential future liabilities; c) Loans to third parties; d) Interest owed by the Grantee or the Grantees to any third party; e) Items already financed through other sources f) Customs and import duties; g) Purchase, rent or leasing Purchase of facilities, facilities or refurbishment of facilities unless directly related to the Action; h) Fines, Financial penalties and expenses of litigation; i) Bank charges, costs of guarantees and similar charges; j) Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) : be necessary for the purpose of the grant; b) ; comply with the principles of sound financial management, in particular best value for money and cost- cost-effectiveness; c) ; have actually been incurred by the grantee during the implementation period as defined in Article 1.3 of this Agreement; d) ; be identifiable and verifiable by the European Union and the Council of Europeverifiable, in particular being recorded in the grantee's accounts and determined according to the accounting standards applicable to the grantee; e) ; comply with the requirements of applicable tax and social security legislation; f) ; be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) and have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) ): Debts and debts service charges; b) ; Provisions for losses or potential future liabilities; c) ; Loans to third parties; d) ; Interest owed by the Grantee to any third party; e) ; Items already financed through other sources f) sources Customs and import duties; g) ; Purchase, rent or leasing of facilities, or refurbishment of facilities unless directly related to the Action; h) ; Fines, Financial penalties and expenses of litigation; i) ; Bank charges, costs of guarantees and similar charges; j) ; Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) ; Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) ; Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) ; Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) : be necessary for the purpose of the grant; b) ; comply with the principles of sound financial management, in particular best value for money and cost- cost-effectiveness; c) ; have actually been incurred by the grantee Grantee or the Grantees during the implementation period as defined in Article 1.3 of this Agreement; d) ; be identifiable and verifiable by the European Union and the Council of Europe, in particular being recorded in the grantee's Grantee or the Grantees' accounts and determined according to the accounting standards applicable to the grantee; e) Grantee or the Grantees; comply with the requirements of applicable tax and social security legislation; f) ; be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) and have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee Grantee or the Grantees in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) ): Debts and debts service charges; b) ; Provisions for losses or potential future liabilities; c) ; Loans to third parties; d) ; Interest owed by the Grantee or the Grantees to any third party; e) ; Items already financed through other sources f) sources Customs and import duties; g) Purchase, rent or leasing ; Purchase of facilities, facilities or refurbishment of facilities unless directly related to the Action; h) ; Fines, Financial penalties and expenses of litigation; i) ; Bank charges, costs of guarantees and similar charges; j) ; Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) ; Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) ; Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) ; Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) : be necessary for the purpose of the grant; b) ; comply with the principles of sound financial management, in particular best value for money and cost- cost-effectiveness; c) ; have actually been incurred by the grantee Grantees during the implementation period as defined in Article 1.3 of this Agreement; d) ; be identifiable and verifiable by the European Union and the Council of Europe, in particular being recorded in the grantee's Grantees' accounts and determined according to the accounting standards applicable to the grantee; e) Grantees; comply with the requirements of applicable tax and social security legislation; f) ; be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) and have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee Grantees in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) ): Debts and debts service charges; b) ; Provisions for losses or potential future liabilities; c) ; Loans to third parties; d) ; Interest owed by the Grantee Grantees to any third party; e) ; Items already financed through other sources f) sources Customs and import duties; g) ; Purchase, rent or leasing of facilities, or refurbishment of facilities unless directly related to the Action; h) ; Fines, Financial penalties and expenses of litigation; i) ; Bank charges, costs of guarantees and similar charges; j) ; Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) ; Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) ; Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) ; Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.

Eligible Costs. 1. To be considered eligible as direct costs under this Agreement, costs must: a) be necessary for the purpose of the grant; b) comply with the principles of sound financial management, in particular best value for money and cost- effectiveness; c) have actually been incurred by the grantee Grantees during the implementation period as defined in Article 1.3 of this Agreement; d) be identifiable and verifiable by the European Union and the Council of Europe, in particular being recorded in the grantee's Grantees' accounts and determined according to the accounting standards applicable to the granteeGrantees; e) comply with the requirements of applicable tax and social security legislation; f) be backed up by originals or certified copies of supporting documents (as the case may be in electronic form); and g) have been indicated in the estimated overall budget of the Action (see APPENDIX II). 2. Indirect costs may be considered eligible only where they are incurred by the grantee Grantees in connection with the Action which is the subject of the grant award; appear in the estimated budget; and are approved upon presentation of the final financial report. These costs shall not exceed the amount laid down, as the case may be, in APPENDIX II, and in no case may they exceed 7% of the total eligible costs. 3. It should be noted that, except when this is materially impossible (e.g. to pay taxi fares), all payments to third parties must be made by transfers to their bank account. 4. The following expenses shall not in any manner be considered as eligible costs (the list is not comprehensive): a) Debts and debts service charges; b) Provisions for losses or potential future liabilities; c) Loans to third parties; d) Interest owed by the Grantee Grantees to any third party; e) Items already financed through other sources f) Customs and import duties; g) Purchase, rent or leasing of facilities, or refurbishment of facilities unless directly related to the Action; h) Fines, Financial penalties and expenses of litigation; i) Bank charges, costs of guarantees and similar charges; j) Conversion costs, charges and exchange losses associated with any of the component specific euro accounts, as well as other purely financial expenses; k) Costs incurred outside the implementation period as defined in Article 1.3 of this Agreement; l) Costs incurred during suspension of the Agreement, excepted those considered by the Council of Europe as absolutely necessary to the preservation of the conditions of implementation of the Action; m) Items already financed in another framework; n) VAT recoverable under the applicable national VAT legislation.