FIRE Users Sample Clauses
FIRE Users. For FIRE Users the payment conditions differ from the other Parties as follows: The Parties agree that the Community’s financial contribution dedicated to FIRE Users shall be timely distributed as follows: - pre-financing amount of maximum 226.787,00 euro; and - remaining Community’s financial contribution upon the validation by the Steering Committee of the final report of each FIRE User concerned and such FIRE User’s signed final cost statement. Payments to the FIRE User(s) will be made by TCS within thirty (30) days after receipt of the funds from the European Commission in accordance with the rules detailed here-above and with the accepted decisions of the Steering Committee on the Consortium Budget. The FIRE Users shall provide the banking details to TCS in order for TCS to perform the payment obligations as detailed hereunder TCS is entitled to withhold any payments due to a FIRE User identified by the Steering Committee to be in breach of its obligations under this Consortium Agreement or the EC-GA. TCS is entitled to recover any payments already paid to a FIRE User that is considered to be a Defaulting Party.
