Common use of Notification of amounts due Clause in Contracts

Notification of amounts due. The NA must send a formal notification to the coordinator: informing it of the amount due; and specifying whether the notification concerns a further pre-financing payment or the payment of the balance. For the payment of the balance, the NA must also specify the final amount of the grant determined in accordance with Article II.25.

Notification of amounts due. The NA must send a formal notification to the coordinatorbeneficiary: informing it of the amount due; and specifying whether the notification concerns a further pre-financing payment or the payment of the balance. For the payment of the balance, the NA must also specify the final amount of the grant determined in accordance with Article II.25.