RIGHTS AND OBLIGATIONS OF THE PARTNERS Sample Clauses

RIGHTS AND OBLIGATIONS OF THE PARTNERS. Each Partner shall be obliged to: fulfil its duties under documents regulating the implementation of the Programme; undertake any actions necessary for timely and full implementation of the Partner’s part of the Project; undertake any necessary actions to enable the Lead Partner to fulfil its duties under the Subsidy Contract. To this end, each Partner shall be obliged to submit all documents and information required by the Lead Partner within a time-limit which enables the fulfilment its duties vis-a-vis the Managing Authority, set out in the Subsidy Contract, especially the timely preparation of payment applications and other documents in accordance with the provisions of the Subsidy Contract; ensure that double financing of eligible expenditure from the EU funds or other sources does not occur within the Partner’s part of the project under implementation; maintain separate accounting records or a separate accounting code for the purpose of implementation of the project, in a way which enables the identification of each financial operation carried out under the project5, under conditions set out in the current version of the Programme Manual; in its own Progress Reports, show only eligible expenditure and the expenditure which is in line with the Application Form; ensure that the public is informed about the funding of the project, in accordance with the requirements referred to in Article 115(3) of the General Regulation in the Commission Implementing Regulation (EU) No 821/2014 of 28 July 2014. (OJ L 223 of 29.7.2014, p. 7-18) and in the current version of the Programme Manual; monitor the progress of achieving the target values of the output indicators defined in the Application Form by the Partner’s part of a Project; regularly monitor the progress of the implementation of the Partner’s part of the project in relation to the content of the Application Form and other Appendices to this document as well as to immediately inform the Joint Secretariat through the Lead Partner of any irregularities, circumstances which cause delay or render impossible the full implementation of the project, or of the intention to cease the implementation of the Partner’s part of the Project; immediately inform the Joint Secretariat through the Lead Partner of the circumstances which influence the reduction of eligible expenditure of the project, especially of the possibility to recover VAT and of the revenue which was not taken into account at the stage of co-financing th...
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RIGHTS AND OBLIGATIONS OF THE PARTNERS. WITH REGARD TO THE PROPERTY
RIGHTS AND OBLIGATIONS OF THE PARTNERS. 5.1. Rights and obligations of the partners
RIGHTS AND OBLIGATIONS OF THE PARTNERS. 1. Each Partner is obliged to:
RIGHTS AND OBLIGATIONS OF THE PARTNERS. The Consortium agreement distributes rights and obligations between the different types of partners, according to the stipulations below:
RIGHTS AND OBLIGATIONS OF THE PARTNERS 

Related to RIGHTS AND OBLIGATIONS OF THE PARTNERS

  • Rights and Obligations of the Parties 13.2.1 The client shall be under obligation:

  • Rights and Obligations of Members Section 6.1

  • Rights and Obligations of the Limited Partners 8.1 Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

  • Rights and Obligations of Limited Partners Section 8.1 Limitation of Liability 27 Section 8.2 Management of Business 27 Section 8.3 Outside Activities 27 Section 8.4 Return of Capital 27 Section 8.5 Rights of Limited Partners Relating to the Partnership 27

  • Rights and Obligations of Party B 1、乙方应当具有海事管理机构批准的资质,并保持相应的应急清污能力。

  • Rights and Obligations of Party A I. Rights of Party A

  • Rights and Obligations of Both Parties 3.1 Party A’s rights and obligations

  • Rights and Obligations Except as expressly set forth in this Agreement, no Member, in its capacity as a Member, will have any right, power or authority to transact any business in the name of the Series, participate in the management of the Series or to act for or on behalf of or to bind the Series. A Member will have no rights other than those specifically provided herein or granted by law. Except as required by the Act, no Member, solely by reason of being a member, shall be liable for the debts, liabilities, obligations or expenses of the Series.

  • Independent Nature of Rights and Obligations Nothing contained herein, and no action taken by any party pursuant hereto, shall be deemed to constitute Investor and the Sponsor as, and the Sponsor acknowledges that Investor and the Sponsor do not so constitute, a partnership, an association, a joint venture or any other kind of entity, or create a presumption that Investor and the Sponsor are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement or any matters, and the Sponsor acknowledges that Investor and the Sponsor are not acting in concert or as a group, and the Sponsor shall not assert any such claim, with respect to such obligations or the transactions contemplated by this Agreement.

  • Parties' Rights and Obligations If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15.

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