Union contribution definition

Union contribution means the part of the eligible expenditure of the programme or project which is financed by the Union;

Examples of Union contribution in a sentence

  • The financial corrections shall consist of cancelling all or part of the Union contribution to the project.

  • Reimbursement of costs for management activities of the project: the maximum share of the Union contribution which may be charged to the project is 10%.

  • In case of parental leave, the REA may decide, upon written request of the researcher and the beneficiary submitted with the final reports at the end of the project, to augment the sum of the European Union contribution for the reimbursement of compulsory and non-recoverable costs under the applicable national law.

  • Furthermore, the Lead Partner and the Partners shall implement the appropriate transperancy and communication actions foreseen by Regulation no 1059/2021, corresponding to the Union contribution.

  • However, payments of the European Union contribution by the Commission will not be made if the minimum requirements referred to in Article 41 of the IPA Implementing Regulation are not met.

  • In these cases the national funds shall be treated as Union funds and paragraph 6 shall apply at the moment when the full payment of the national contribution, if any, and the Union contribution pre-financed from national funds is recorded in the accounts of the National Fund.

  • These requests shall include the certified statements of expenditure as laid down in Clause 2(3) of Annex A to the FWA and shall cover, for each IPARD II programme measure, the amount of eligible public expenditure for which the IPARD Agency has actually paid the corresponding Union contribution during the reference period.

  • In case of parental leave, the REA may decide, upon written request of the researcher and the beneficiary submitted with the final reports at the end of the project, to augment the sum of the Union contribution for the reimbursement of compulsory and non-recoverable costs under the applicable national law.

  • The Union contribution shall in principle be 75% of public expenditure.

  • The Commission, or any representative authorised by it, may initiate a technical verification or an audit of the project at any time during the contract and up to five years after each payment of the Union contribution, in order to verify that the project is being or has been carried out in accordance with the conditions indicated in this contract.

Related to Union contribution

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Campaign Contribution means a gift, subscription, loan, advance or deposit of money or other thing of value, including the estimated value of an in-kind contribution, that is made to or received by an applicable public official or any person authorized to raise, collect or expend contributions on that official’s behalf for the purpose of electing the official to either statewide or local office. “Campaign Contribution” includes the payment of a debt incurred in an election campaign, but does not include the value of services provided without compensation or unreimbursed travel or other personal expenses of individuals who volunteer a portion or all of their time on behalf of a candidate or political committee, nor does it include the administrative or solicitation expenses of a political committee that are paid by an organization that sponsors the committee.

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.1(c) and Section 4.6(b) which is used to satisfy the "Actual Deferral Percentage" tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the "Actual Deferral Percentage" tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.