Award of subsidy Sample Clauses

Award of subsidy. 1. In accordance with the decision of the Monitoring Committee, dated ………….. an earmarked subsidy is awarded to the LP from the European Regional Development Fund (hereinafter: ERDF) and from the Instrument for Pre-Accession Assistance (hereinafter: IPA) under the Danube Transnational Programme for the implementation of the project. Total Project budget .……………… Euro Maximum ERDF contribution awarded ………………. Euro Maximum IPA contribution awarded ………………. Euro
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Award of subsidy. 1. With this Contract the MA shall award subsidy to finance the project ……….. [title] selected by the Monitoring Committee on dd/mm/yyyy [with certain conditions]. The fulfilment of conditions has been subsequently checked by the MA/Monitoring Committee on [dd/mm/yyyy]. The selection of the project is based on the criteria set out in the Quality Assessment Methodology approved by the Monitoring Committee on [dd/mm/yyyy].
Award of subsidy. 1. Based on the application of the LP in its latest version and the supplementing/amending documents in their latest version (altogether hereinafter referred to as “application documents”), in accordance with the decision of the Joint Monitoring Committee of the Programme (hereinafter referred to as JMC), dated 18 December 2019 (and possible amending decisions) an earmarked subsidy is awarded to the LP for the project /No. SMALL/ Targeted Call for Project Proposals, from funds of the Interreg IPA CBC Italy – Albania – Montenegro Programme 2014/2020. Maximum IPA amount of funding awarded Euro (€) Approved Partners´ co-financing Euro (€) Approved project budget Euro (€) Grant rate of the funding 85%
Award of subsidy. 1. The purpose of the present Subsidy Contract for the EU Contribution (hereafter: Contract) is to award a subsidy for the implementation of the project entitled [Project Title] according to the decision of the Joint Monitoring Committee on [date].
Award of subsidy. 1. Based on the application form of the LP in its latest version and the supplementing/amending documents in their latest version (altogether hereinafter referred to as “application documents”) and in accordance with the decision of the Monitoring Committee of the ADRION programme (hereinafter referred to as MC), dated 17 July 2019 and its possible amendments, an earmarked subsidy is awarded to the LP for the implementation of the Project Number – Title - Acronym from the funds of the ADRION programme. Maximum ERDF amount of funding awarded: EUR xxx Maximum IPA II amount of funding awarded: EUR xxx Total EU funding: EUR xxx Total approved project budget: EUR xxx Grant rate of the EU contribution: 85% The grant rate of the funding is calculated dividing the maximum funding awarded by the total approved budget.
Award of subsidy. (1) Based on the application documents (application form and partnership agreement) and in accordance with the approval decision and recommendations of the programme committee (PC) of Click here to enter text. an earmarked subsidy is awarded to the LP from the European Regional Development Fund (ERDF) under the following conditions. The subsidy is granted in the maximum amount of Click here to enter text. EUR
Award of subsidy. The purpose of this contract is to award a subsidy by the MA for the implementation of the operation entitled „title of the operation„, hereinafter referred to as “operation”, according to the decisions of the Joint Monitoring Committee (JMC) on the …………………. The LP accepts the funding and takes responsibility for implementation of the operation as described in the Application form (Annex 1) within the prescribed period of time according to the terms of the present contract subject to the provisions of the applicable low. The LP undertakes the obligation to implement the project in cooperation with the following partners: Partner 2: <name and address of the institution> Partner n: < name and address of the institution>
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Award of subsidy. The MC has approved the project <Project Name> on <date>. The decision of the MC is based on the criteria set out in the Implementation Manual for Beneficiaries and approved by the MC. In case the respective MC has set special conditions they have to be followed. On the basis of the MC decision the Subsidy of <total> EUR is awarded by the MA to the LP organization of the project from the ERDF funds. Approved total budget (EUR) Staff costs EUR Office and administrative expenditure EUR Travel and accommodation costs EUR External expertise and services costs EUR Equipment expenditure EUR Infrastructure and works EUR TOTAL EUR REVENUE EUR TOTAL NET COSTS EUR Approved financial plan and ERDF contribution (EUR) Approved ERDF contribution (maximum amount) EUR National Public contribution (maximum amount) EUR National Private contribution (maximum amount) EUR TOTAL FUNDING EUR Revenue EUR TOTAL NET FUNDING EUR The project financing is the sum of the total amount of co-financing coming from the partners in the participating Member States and the total amount awarded from funds of the Interreg V-A SI-HR Programme. All contributions are considered maximum provisional amounts. The disbursement of ERDF Subsidy is conducted in accordance of the Project Partner (hereinafter referred to as PP) ERDF Subsidy rate as approved in the AF. Underspending: Underspending in general will lead to proportional reduction of the Interreg V-A SI-HR Programme funding. The final amount of the ERDF will be paid on the basis of the reported total eligible expenditure only. Considerable underspending of project funds will lead to cutting the project budget and ERDF funding respectively. The assessment of project spending will be based on the Project Progress Report from the 2nd reporting period onwards. The project is allowed to underspend up to 15% of its budget foreseen for previous periods. Underspending beyond the set limits is only acceptable in cases where individual costs have been delayed due to reasons beyond the control of the partner(s). If the project has underspent more than the allowed amount, the amount exceeding the set limit might be deducted from the project budget and ERDF funding. Disbursement of the Subsidy will be made subject to the condition that the national First Level Control process (Article 125(4) of Regulation (EU) No 1303/2013) as well as the validation by the MA have been carried out adequately. If the EC fails to make funds available to the Interreg V-A SI-HR...
Award of subsidy. The purpose of the Contract is to award a subsidy, by the MA, for the implementation of the project entitled „…………………“, hereinafter referred to as “operation”, according to the decision of the Joint Monitoring Committee (JMC) on the .......... The LP shall be awarded the funding on the basis of the provisions of the Contract, which consists of the subsidy contract and its annexes. The LP declares that has noted and accepted the provisions of the contract. The LP accepts the funding and takes responsibility for implementation of the operation as described in the Application form (Annex 1) within the prescribed period of time according to the terms of the present Contract subject to the provisions of the European and national legislation.
Award of subsidy. The object of this contract is the award of ERDF financing by the MA for the implementation of the .......... [index and title of the project], herein referred to as “project”, according to the decision of the Monitoring Committee no………… on .......... [date] in ......... [place]. The LB receives funding on the basis of the provisions of the present contract and its annexes, which the LB declares to know and accept. The LB accepts the funding and shall coordinate the implementation of the project in due time according to the provisions of the present contract and of the national and European legislation.
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