Common use of Pre-financing payments Clause in Contracts

Pre-financing payments. The aim of the pre-financing is to provide the beneficiary with a float. The pre-financing remains the property of the European Union (‘the Union’) until it is cleared against interim payments or, if it is not cleared against interim payments, until the payment of the balance.

Appears in 8 contracts

Samples: Grant Agreement, Agreement, Agreement

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Pre-financing payments. The aim of the pre-financing is to provide the beneficiary with a float. The pre-financing remains the property of the European Union (‘the Union’) until it is cleared against interim payments or, if it is not cleared against interim payments, until the payment of the balance.

Appears in 1 contract

Samples: Agreement

Pre-financing payments. The aim of the pre-financing is to provide the beneficiary with a float. The pre-financing remains the property of the European Union (‘the Union’) until it is cleared against interim payments or, if it is not cleared against interim payments, until the payment of the balance. The Agency must make the first pre-financing payment of 30% of the maximum amount specified in Article I.3 to the beneficiary within 30 calendar days from the entry into force of the Agreement, except if Article II.24.1 applies.

Appears in 1 contract

Samples: eacea.ec.europa.eu

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Pre-financing payments. The aim of the pre-financing is to provide the beneficiary beneficiaries with a float. The pre-financing remains the property of the European Union (‘the Union’) until it is cleared against interim payments or, if it is not cleared against interim payments, until the payment of the balance.

Appears in 1 contract

Samples: moodle.adaptland.it

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