Obligations of the Beneficiaries Sample Clauses

Obligations of the Beneficiaries. 1. In particular, each Beneficiary shall:
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Obligations of the Beneficiaries. Delay in the implementation of the action – Exclusion of a beneficiary The beneficiaries shall be jointly and severally liable towards EUROCHAMBRES for the performance of the grant contract. In addition:
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Obligations of the Beneficiaries. 4.4.2.1 Make contributions pursuant to the Enterprise Annuity Program and the Agreement.
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Obligations of the Beneficiaries. The obligations of the Beneficiaries to Bpifrance result both herefrom and from the Repayable Advance Beneficiary Agreements. The Beneficiaries undertake to allocate Funding to the Project and the financing of the related expenditure. Where appropriate, Bpifrance reserves the right to require Beneficiaries to repeat Funding paid which was not assigned to the Project according to the provisions stipulated in the Master Agreement and the Repayable Advance Beneficiary Agreements and their Schedules. Beneficiaries also undertake to implement all means to carry out the work set out in table 2 - Technical description technique and selected activities - of Schedule 1 hereto. Beneficiaries undertake to provide the Leader with all the elements necessary for the exercising of its coordination obligations, given that the Master Agreement does not govern the mutual obligations of the Beneficiaries and/or the Leader, these being defined in the Partnership Agreements.
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Obligations of the Beneficiaries. Every Beneficiary and the Lead Beneficiary of the Project shall accept the following duties and obligations : timely and properly carry out the activities for which it is responsible according to the Grant Contract; to implement the project in line with the principles of economy, efficiency and effectiveness and keep to the principles of sound financial management; to follow the requirements of eligibility of costs as it is indicated in the Grant Contract, Programme Manual and other Programme documents; to draw up and submit expenditure verification reports for its part of the Project; to produce and provide documents, information and data that are required by the Lead Beneficiary to coordinate and monitor the implementation of the Project and for reporting purposes on time; to fulfil all rules and obligations laid down in the Grant Contract as well as in the Partnership Statement, signed by each Beneficiary during application process; to produce all documents required for the audit, provide necessary information and, for audit purposes, give access to premises and sites; to open a separate bank account or sub-account and use a separate accounting and double-entry booking system for accounting the EU funding and expenditures within Project; to retain for audit purposes all accounting files, documents and data about its part of the Project on customary data storage media in a safe and orderly manner during all the implementation period of the Project and 5 years after the date of the payment of the balance for the Programme. Other longer retention periods, as might be stated by national law, shall remain unaffected;
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Obligations of the Beneficiaries. By signing this agreement every Beneficiary, including the Lead Beneficiary, accepts the following duties and obligations to: to timely and properly carry out the activities for which it is responsible according to the Grant Contract; to implement the Project in line with the principles of economy, efficiency and effectiveness, and to adhere to the principles of sound financial management; to follow the requirements of eligibility of costs as it is indicated in the Grant Contract, the Programme Manual and other Programme documents; to draw up and submit expenditure verification reports for its part of the Project; to produce and provide documents, information and data that is required by the Lead Beneficiary to coordinate and monitor the implementation of the Project, and for reporting purposes on time; to select an auditor for the purpose of expenditure verification, as well as ensure the verification of costs incurred within the Project and submission of the expenditure verification certificate for their part of the Project; to timely prepare and provide documents, information and data that are required by the Lead Beneficiary in order to coordinate and monitor the implementation of the Project and for reporting purposes; to abide by all rules and obligations stipulated in the Grant Contract as well as in the Partnership Statement, signed by each Beneficiary during the application process; to produce all documents required for the audit, provide necessary information and, for audit purposes, give an access to premises and sites; to open a separate bank account or sub-account and use a separate accounting and double-entry booking system for accounting the EU co-financing and the Russian Federation co-financing and expenditures within the Project; to retain, for audit purposes, all accounting files, documents and data relating to their part of the Project on customary data storage media, in a safe and orderly manner during the implementation period of the Project and over the period of 5 years after the date of the payment of the final balance for the Programme. Other, longer retention periods, as might be stated by national law, shall remain unaffected; to react promptly (within working days) to any request by the Lead Beneficiary and the Programme bodies; to comply with applicable national legislation and the Programme rules in terms of accountancy, applicable Programme requirements and national legislation in terms of public procurement procedures, visi...
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Obligations of the Beneficiaries. Each Beneficiary shall be obligated to keep all of the promises and obligations of the Beneficiary or Beneficiaries. The Trustee may enforce Trustee’s rights under this Agreement or any other agreement affording the Trustee rights against other Beneficiaries against each of the Beneficiaries individually or against all of the Beneficiaries together. This means that any one of the Beneficiaries may be required to pay all of the amounts owed to the Trustee.
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Obligations of the Beneficiaries. In particular, each Beneficiary shall: support the Lead Beneficiary in fulfilling its tasks as stipulated in the Subsidy contract and its annexes; without any delay provide the Lead Beneficiary with any information needed to draw up the Project reports, the Final project report and the Project follow-up reports (if relevant), react on any request by the Managing Authority or the Joint Secretariat, or provide any further information needed by the Lead Beneficiary; assure the smooth implementation of the part of the Project they are responsible for in accordance with the Subsidy contract and its annexes; inform the Lead Beneficiary immediately about any circumstances that could lead to a temporary or final discontinuation of the Project part or any other deviation of the implementation of the Project part, including any variations to its part of project budget or work plan; appoint a contact person for the implementation of the part of the Project under their responsibility; contribute to overall project aims according to their part undertaken with due care and motivation, completing their activities foreseen for each reporting period of the project implementation; maintain either a separate accounting system or an adequate accounting code for all transactions related to the Project part; inform the Lead Beneficiary on the details of the bank account1 to which the EU contribution of the Beneficiary shall be transferred, furthermore the Lead Beneficiary must be informed about any changes concerning the bank account; co-operate with the Lead Beneficiary for the effective implementation of the Project, actively take part in decision making during the Project; have its expenditures incurred in the given reporting period, verified by the designated controller and submit the Declaration on Validation of Expenditure issued by the controller to the Lead Beneficiary in due time. (The reimbursement of expenditure of the Beneficiaries not covered by Declarations on Validation of Expenditure in the given reporting period can be requested only for the next reporting deadline following the reporting period concerned. Preparation costs can be validated and requested only in the first reporting period.); comply with EU- and national rules, including rules on public procurement, State aid, publicity, further rules on environmental protection and equal opportunities; report in accordance with the existing legislation and national/regional guidelines if the Project activities ...
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Obligations of the Beneficiaries. 5.1 Beneficiaries to fund its costs of entering into and complying with the Project Agreements and the Direct Agreement
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Related to Obligations of the Beneficiaries

  • Obligations of the Parties 2.1 The Trust shall prepare and be responsible for filing with the Securities and Exchange Commission and any state regulators requiring such filing all shareholder reports, notices, proxy materials (or similar materials such as voting instruction solicitation materials), prospectuses and statements of additional information of the Trust. The Trust shall bear the costs of registration and qualification of its shares, preparation and filing of the documents listed in this Section 2.1 and all taxes to which an issuer is subject on the issuance and transfer of its shares.

  • Obligations of the Sponsor The Sponsor agrees to provide the Asset Representations Reviewer with the following: • Reasonable access to the Sponsor; • Complete AUPs; • Required Documents; and • Other related information reasonably requested by the Asset Representations Reviewer to perform the Services hereunder.

  • Obligations of the Holders In connection with the registration of the Registrable Securities, the Holders shall have the following obligations:

  • Obligations of the Seller The obligations of the Seller under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2016-A Exchange Note or any 2016-A Lease or 2016-A Vehicle allocated to the 2016-A Reference Pool.

  • OBLIGATIONS OF THE SUPPLIER In addition to the Article 4.2 of the GPC, it is specified that:

  • Obligations of the Holder a. At least five (5) calendar days prior to the first anticipated filing date of a Registration Statement the Company shall notify Holder in writing of the information the Company requires from Holder. It shall be a condition precedent to the obligations of the Company to complete the registration pursuant to this Agreement with respect to the Registrable Securities of the Holder that Holder shall furnish in writing to the Company such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as shall reasonably be required to effect the registration of such Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request. The Holder covenants and agrees that, in connection with any resale of Registrable Securities by it pursuant to a Registration Statement, it shall comply with the "Plan of Distribution" section of the current prospectus relating to such Registration Statement.

  • Obligations of the City A. The City agrees to give the Contractor access to the Project area and other City- owned properties as required to perform the necessary Services under this Agreement.

  • Obligations of the Company Whenever required under this Section 2 to effect the registration of any Registrable Securities, the Company shall, as expeditiously as reasonably possible:

  • Conditions of the Obligations of the Underwriter The obligations of the Underwriter hereunder shall be subject to the accuracy of the representations and warranties on the part of the Company set forth in Section 2 hereof, in each case as of the date hereof and as of each Closing Date as though then made, to the timely performance by each of the Company of its covenants and other obligations hereunder on and as of such dates, and to each of the following additional conditions:

  • Obligations of the Purchasers In connection with the registration of the Registrable Securities, the Purchasers shall have the following obligations:

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