Lead Beneficiary definition

Lead Beneficiary means the beneficiary designated by all beneficiaries participating in a given operation and representing the partnership towards the Managing Authority;

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Lead Beneficiary refers to organisation responsible for implementation of project and, which is a signatory to this Contract. The term “beneficiaries” refers collectively to all the beneficiaries of the Project, including the Lead Beneficiary.

Lead Beneficiary means Neath Port Talbot County Borough Council.

Examples of Lead Beneficiary in a sentence

• The exchange rate risk is borne by the Lead Beneficiary or Beneficiary concerned.

• The Partnership agreement is valid from the date of signature by all Parties and enters into force from the day the Subsidy contract between the Managing Authority and the Lead Beneficiary enters into force.

• The Lead Beneficiary can only submit an Application for Reimbursement to the Joint Secretariat by providing proof of progress of the Project.

• The Lead Beneficiary is also responsible for the proper reporting of progress during project implementation to the Joint Secretariat as stipulated in the Subsidy contract.

• The Beneficiary in question has to repay the requested EU contribution together with the interests chargeable to the Lead Beneficiary.

• The Lead Beneficiary shall inform the Joint Secretariat and the Managing Authority as soon as changes in the Project partnership are foreseeable.

• The activities of the Project partners as well as the role of the Lead Beneficiary and of each Beneficiary in the Project are described in the Application form and in the Subsidy contract.

• The Lead Beneficiary is responsible for the overall co-ordination and effective implementation of the Project and shall take all the steps needed to correctly manage the Project in accordance with the Application form and the Subsidy contract and in line with the Subsidy contract and the Partnership agreement.

• Therefore, in order to provide adequate information on the progress of the Project, each Beneficiary has to submit a Beneficiary report to the Lead Beneficiary consisting of an activity report describing the activities carried out with their outputs and results during the reporting period and a financial report presenting the financial progress of the Project part compared to the Application form/Subsidy contract.

• The Joint Secretariat and the Managing Authority shall be promptly informed of such an intended decision by the Lead Beneficiary and the change in the partnership has to be approved according to the provisions set out in the Subsidy contract.

More Definitions of Lead Beneficiary

Lead Beneficiary means the main beneficiary and participant in the project;

Lead Beneficiary means: lead beneficiary as referred to in Article 13 of Regulation (EU) No 1299/2013 Programme means the Interreg North Sea Region Programme Programme Authorities means the Managing Authority, Joint Secretariat, Certifying Authority and/or Audit Authority Programme Manual means the latest published version of the programme manual Project Beneficiaries means the project beneficiaries named in the approved application, including the Lead Beneficiary Project Management Group means the group composed by the Work Package leaders responsible for the follow up and regular reviews of the project on work package level Project Steering Group means the group composed by all Beneficiaries responsible for the monitoring and ensuring compliance of the project against the subsidy contract, and cross-cutting issues of strategy, coordination and administration Project means: J-No: 38-2-20-17, CATCH: water sensitive Cities: the Answer To CHallenges of extreme weather events, as described in the approved application Subsidy is the maximum ERDF/ERDF equivalent co-financing allocated to the project in accordance with the approved application J-No: 38-2-20-17, CATCH: water sensitive Cities: the Answer To CHallenges of extreme weather events

Lead Beneficiary means: lead beneficiary as referred to in Article 13 of Regulation (EU) No 1299/2013 Programme means the Interreg North Sea Region Programme Programme Authorities means the Managing Authority, Joint Secretariat, Certifying Authority and/or Audit Authority Programme Manual means the latest published version of the programme manual

Lead Beneficiary the Lead Beneficiary is designated by the Project Participants and assumes full legal and financial responsibility for ensuring implementation of the entire project. . The Lead Beneficiary is also responsible for the proper reporting of progress during project implementation to the Joint Technical Secretariat as stipulated in the Grant Contract. Beneficiary: an actor that commits itself to functionally and financially implement a project part of the Project according to the Grant Application Form as approved by the Joint Monitoring Committee.

Lead Beneficiary the project partner who takes the overall responsibility for the submission and the implementation of the entire Operation, as well as the responsibility for the financial management (hereinafter referred to as LB);