Common use of Project Time Schedule Clause in Contracts

Project Time Schedule. 3.1. The Beneficiary is bound to ensure the commencement of the Project execution not before the date the present Contract comes into force and no later than 5 months from the date this Contract is effective. The commencement date of the Project implementation is considered to be the very same date the employment contract concluded between the Beneficiary and the visiting scientist comes into force. The Beneficiary is obliged to notify the SAS in writing about the start date of the Project execution no later than 5 calendar days before that date, unless this date was agreed during the negotiation of the present Contract, or if the Project execution start date was agreed, however, the change has occurred. 3.2. The Beneficiary is bound immediately after the present Contract comes into force to commence performing all necessary administrative actions (such as, for example, actions leading to arrange the visiting scientist's visa if any, etc.), which guarantee compliance with the deadline for starting the Project implementation defined in Art. 3.1. of the Contract herein. The Beneficiary is also obliged to ensure that the all administration and administrative actions according to the previous sentence commence to be carried out by the Principal investigator of the Project immediately after this Contract comes into force. The Beneficiary and the Principal investigator are bound to provide each other with the necessary collaboration in course of activities under this Article herein the Contract. 3.3. In case the Beneficiary finds out that it will not be possible due to vis major to commence the Project implementation within the period specified in Art. 3.1. of the Contract herein, he/she is obliged to inform the SAS in writing with no delay about this fact. In such case, the SAS may allow an extension of the deadline for starting the Project implementation according to Art. 3.1. herein the Contract, however, not more than by 3 months, while considering the justification of the reasons resulting to the delayed start of the Project implementation. 3.4. For reasons of vis major, for the purpose of Art. 3.3. of the Contract herein are considered the following: a) serious health reasons on the side of the visiting scientist, his/her spouse or his/her children, b) death of the visiting scientist's spouse or child, c) a natural disaster that demonstrably makes it impossible for the visiting scientist to arrive at the location of the Project implementation, d) administrative obstacles linked with the process of obtaining visas, or of temporary residence, which demonstrably make it impossible for the visiting scientist to arrive at the location of the Project execution, or e) epidemics, pandemics, the declaration of a state of emergency or martial law and subsequent official restrictions preventing the visiting scientist from traveling to the territory of the Slovak Republic, provided that the given circumstances were not caused by the Beneficiary or by the Principal investigator of the Project and neither the Beneficiary nor the Principal investigator could have foreseen them before signing the present Contract. 3.5. The Beneficiary is bound to terminate the Project no later than the present Contract terminates or expires (hereinafter referred to as the "latest date of termination"). The Beneficiary acknowledges that the latest termination date may not be exceeded. 3.6. The Beneficiary, in collaboration with the visiting scientist, is obliged to submit interim reports and a final report to the SAS by the following dates: The period for which a report is to be submitted Deadline to submit the report Interim report 0 - 30 months from the date of starting the Project implementation within 30 calendar days from expiration of period for which the interim report is submitted Final report 31 - 60 months from the start date of the Project implementation The Beneficiary in collaboration with the Principal investigator submits in a month before planned Project termination 4.1. The financial resources allocated to the Project according to Art. 2.2. and Art. 2.3. will be paid to the Beneficiary by SAS as follows: a) in the first year of the Project implementation - financial resources for the given calendar year will be provided to the Partner within 30 calendar days from the start of the Project implementation; b) in the following years of the Project implementation - the financial resources belonging to the given calendar year will be provided to the Partner no later than 31st January of the respective year. 4.2. The Beneficiary acknowledges that the total amount of funds allocated to the Project will in no case be higher than the sum of eligible expenses approved by the SAS. 4.3. In case that the amount of funds allocated to the Project is subsequently reduced or, for any reason, more funds are paid to the Beneficiary than he/she is entitled to under the present Contract, the Beneficiary is obliged to return the funds to which he is not entitled to the SAS within 15 calendar days from the date of delivery of the written request made by the SAS. 4.4. In case that, on the base of the financial statement of funds allocated to the Project sent by the Beneficiary pursuant to Art. 5.1. letter k) of the Contract herein, the SAS decides that unauthorized expenses were paid from these funds, the SAS will reduce the next payment paid to the Beneficiary by the amount of those unauthorized expenses, and this in the relevant category of funds referred to in Art. 2.3. of the present Contract. 4.5. Regardless the other provisions of the present Contract, the amount of funds allocated to the Project, which the SAS will pay to the Beneficiary, shall not exceed the maximum amount of funds allocated to the Project according to Art. 2.2. of the present Contract.

Project Time Schedule. 3.1. The Beneficiary is bound to ensure the commencement of the Project execution not before the date the present Contract comes into force and no later than 5 months from the date this Contract is effective. The commencement date of the Project implementation is considered to be the very same date the employment contract concluded between the Beneficiary and the visiting scientist comes into force. The Beneficiary is obliged to notify the SAS in writing about the start date of the Project execution no later than 5 calendar days before that date, unless this date was agreed during the negotiation of the present Contract, or if the Project execution start date was agreed, however, the change has occurred. 3.2. The Beneficiary is bound immediately after the present Contract comes into force to commence performing all necessary administrative actions (such as, for example, actions leading to arrange the visiting scientist's visa if any, etc.), which guarantee compliance with the deadline for starting the Project implementation defined in Art. 3.1. of the Contract herein. The Beneficiary is also obliged to ensure that the all administration and administrative actions according to the previous sentence commence to be carried out by the Principal investigator of the Project immediately after this Contract comes into force. The Beneficiary and the Principal investigator are bound to provide each other with the necessary collaboration in course of activities under this Article herein the Contract. 3.3. In case the Beneficiary finds out that it will not be possible due to vis major to commence the Project implementation within the period specified in Art. 3.1. of the Contract herein, he/she is obliged to inform the SAS in writing with no delay about this fact. In such case, the SAS may allow an extension of the deadline for starting the Project implementation according to Art. 3.1. herein the Contract, however, not more than by 3 months, while considering the justification of the reasons resulting to the delayed start of the Project implementation. 3.4. For reasons of vis major, for the purpose of Art. 3.3. of the Contract herein are considered the following: a) serious health reasons on the side of the visiting scientist, his/her spouse or his/her children, b) death of the visiting scientist's spouse or child, c) a natural disaster that demonstrably makes it impossible for the visiting scientist to arrive at the location of the Project implementation, d) administrative obstacles linked with the process of obtaining visas, or of temporary residence, which demonstrably make it impossible for the visiting scientist to arrive at the location of the Project execution, or e) epidemics, pandemics, the declaration of a state of emergency or martial law and subsequent official restrictions preventing the visiting scientist from traveling to the territory of the Slovak Republic, provided that the given circumstances were not caused by the Beneficiary or by the Principal investigator of the Project and neither the Beneficiary nor the Principal investigator could have foreseen them before signing the present Contract. 3.5. The Beneficiary is bound to terminate the Project no later than the present Contract terminates or expires (hereinafter referred to as the "latest date of termination"). The Beneficiary acknowledges that the latest termination date may not be exceeded. 3.6. The Beneficiary, in collaboration with the visiting scientist, is obliged to submit interim reports and a final report to the SAS by the following dates: The period for which a report is to be submitted Deadline to submit the report Interim report 0 - 30 months from the date of starting the Project implementation within 30 calendar days from expiration of period for which the interim report is submitted Final report 31 - 60 months from the start date of the Project implementation The Beneficiary in collaboration with the Principal investigator submits in a month of the Project implementation before planned Project termination 4.1. The financial resources allocated to the Project according to Art. 2.2. and Art. 2.3. will be paid to the Beneficiary by SAS as follows: a) in the first year of the Project implementation - financial resources for the given calendar year will be provided to the Partner within 30 calendar days from the start of the Project implementation; b) in the following years of the Project implementation - the financial resources belonging to the given calendar year will be provided to the Partner no later than 31st January of the respective year. 4.2. The Beneficiary acknowledges that the total amount of funds allocated to the Project will in no case be higher than the sum of eligible expenses approved by the SAS. 4.3. In case that the amount of funds allocated to the Project is subsequently reduced or, for any reason, more funds are paid to the Beneficiary than he/she is entitled to under the present Contract, the Beneficiary is obliged to return the funds to which he is not entitled to the SAS within 15 calendar days from the date of delivery of the written request made by the SAS. 4.4. In case that, on the base of the financial statement of funds allocated to the Project sent by the Beneficiary pursuant to Art. 5.1. letter k) of the Contract herein, the SAS decides that unauthorized expenses were paid from these funds, the SAS will reduce the next payment paid to the Beneficiary by the amount of those unauthorized expenses, and this in the relevant category of funds referred to in Art. 2.3. of the present Contract. 4.5. Regardless the other provisions of the present Contract, the amount of funds allocated to the Project, which the SAS will pay to the Beneficiary, shall not exceed the maximum amount of funds allocated to the Project according to Art. 2.2. of the present Contract.