Rights and Duties of the Parties Sample Clauses

Rights and Duties of the Parties. 5. The Resident has the right:
AutoNDA by SimpleDocs
Rights and Duties of the Parties. 5.1 The Customer undertakes:
Rights and Duties of the Parties. (A) Lead Partner The Lead Partner, in compliance with Article 96(1) of Regulation No. 718/2007 is: it shall lay down the arrangements for its relations with the final beneficiaries participating in the operation in an agreement comprising, inter alia, provisions guaranteeing the sound financial management of the funds allocated to the operation, including the arrangements for recovering amounts unduly paid; it shall be responsible for ensuring the implementation of the entire operation; it shall be responsible for transferring the Community contribution to the final beneficiaries participating in the operation in the respect to the Partnership Agreement after receiving the payments from the Managing Authority; it shall ensure that the expenditure presented by the final beneficiaries participating in the operation has been paid for the purpose of implementing the operation and corresponds to the activities agreed between the final beneficiaries participating in the operation; it shall verify that the expenditure presented by the final beneficiaries participating in the operation which are natural or legal person in the participating countries has been validated by the controllers referred to in Article 108. The Lead Partner represents all partners participating in the project and ensures the division of the responsibilities according to Partnership Agreement. The Lead Partner should determine a system and measures for detection, recording and reporting of any suspected fraud or other irregularities and fulfill these measures. In order to ensure the implementation of the entire project the Lead Partner has to: inform the Managing Authority in 5 working days if costs are reduced or circumstances arise which entitle the Managing Authority to reduce payment or to demand recovery of part or entire subsidy; notify, provide justification and/or request approval from the Managing Authority/JMC if changes in the project have arisen; conduct tender procedures (sub-tendering) according to the relevant PRAG rules; respect (if applicable) horizontal issues as equal opportunities, sustainable development, environmental protection, etc.; ensure the first level control verification before submitting a payment request and reimbursement claims; ensure that all partners have a proper analytical accounting system in line with national legislation; The Lead Partner is liable towards the Managing Authority for any irregularities concerning the project implementation. The Lead Pa...
Rights and Duties of the Parties. 2.1. The Entrusting Party hereby:
Rights and Duties of the Parties. 3.1 The regulatory regime that applies to us includes:
Rights and Duties of the Parties. 3.01 Xxxx releases Aegion and all other persons and entities from any Claim against Aegion and waives any right of his to xxx Aegion for legal or equitable relief, or both, on any Claim against Aegion. In addition, and without limiting the generality of the foregoing, and except as otherwise prohibited by law, the release and the waiver in this paragraph apply to any one or more of the following specific matters:
Rights and Duties of the Parties. To protect the security of this Deed of Trust, Trustor hereby covenants and agrees as follows:
AutoNDA by SimpleDocs
Rights and Duties of the Parties. 7.1 All Members (other than Assignees) shall be entitled to vote on any matter submitted to a vote of the Members. Notwithstanding the foregoing, the following actions require the consent of Majority of the Members:
Rights and Duties of the Parties. As part of the cooperation referred to in Sub-clause 1.1 of this Agreement, the Parties willingly undertake:
Rights and Duties of the Parties. 5.1. AS VIRŠI-A shall sell the Products and provide services to the Customer in compliance with the provisions of this Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.