Common use of Project Co Clause in Contracts

Project Co. financers 1) The AB shall conclude with co-financers any agreements necessary for ensuring the co-funding according the Grant Agreement, record the co-funding received from third parties, and report on the agreement(s) concluded and the amounts received to the CB in the subsequent quarterly report. Also, AB shall include the received co-funding in the financial statement to be submitted to the Agency.

Project Co. financers 1) The AB shall conclude with co-financers any agreements necessary for ensuring the co-funding according the Grant Agreement, record the co-funding received from third parties, and report on the agreement(s) concluded and the amounts received to the CB in the subsequent quarterly report. Also, AB shall include the received co-funding in the financial statement to be submitted to the Agency.