Coordinator Beneficiaries Sample Clauses

Coordinator Beneficiaries. ‘Beneficiaries’ means the legal entities who have signed the Grant Agreement (GA) with the Commission/Agency (i.e. a ‘participant’1 in an action supported by a grant). The ‘coordinator’ is the beneficiary which is the central contact point for the Commission/Agency and represents the consortium (vis-à-vis the Commission/Agency). Both beneficiaries and coordinators must have a sufficient financial capacity to be able to implement the action (i.e. achieve its expected objectives and results). The Commission/Agency will systematically verify the financial capacity of the coordinator, if the requested EU contribution for the action is equal or superior to EUR 500 000. Exceptionally, it will also verify the financial capacity (of the coordinator or other beneficiaries), if there are grounds to doubt their financial capacity.2
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Coordinator Beneficiaries. ‘Beneficiaries’ means the legal entities who have signed the Grant Agreement (GA) with the Commission/Agency (i.e. a ‘participant’2 in an action supported by a grant). The signature arrangements are the following: − the coordinator directly signs the GA − the other beneficiaries sign the GA by signing the Accession form. Amendments to the GA, if any, will be signed by the coordinator on their behalf. An applicant who accepts the grant by signing the GA becomes a beneficiary of the grant and is bound by the entirety of its terms and conditions. Other entities which participate in the action but do not sign the GA (including entities linked to the beneficiaries) are considered as ‘third parties involved in the action’ (see Article 8). They are not bound by the terms and conditions of the GA; conversely, the Commission/Agency has no obligation vis-à-vis third parties.
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Coordinator Beneficiaries 
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Related to Coordinator Beneficiaries

  • How do the RMD Rules Impact my Designated Beneficiary or Beneficiaries The RMD rules provide for the determination of your designated beneficiary or beneficiaries as of September 30 of the year following your death. Consequently, any beneficiary may be eliminated for purposes of calculating the RMD by the distribution of that beneficiary’s benefit, through a valid disclaimer between your death and the end of September following the year of your death, or by dividing your IRA account into separate accounts for each of several designated beneficiaries you may have designated.

  • Intended Beneficiaries Nothing in this Agreement shall be construed to give any person or entity other than the parties hereto any legal or equitable claim, right or remedy. Rather, this Agreement is intended to be for the sole and exclusive benefit of the parties hereto.

  • Beneficiaries The Executive may designate one or more persons or entities as the primary and/or contingent beneficiaries of any amounts to be received under this Agreement. Such designation must be in the form of a signed writing acceptable to the Board or the Board's designee. The Executive may make or change such designation at any time.

  • Subcontractors Not Beneficiaries No subcontractor is intended to be, or shall be deemed to be, a third-party beneficiary of an Interconnection Service Agreement.

  • Joint Benefits Committee In order to achieve benefit cost reductions, or at a minimum, cost containment, the parties agree to establish and aggressively participate in a Joint Benefits Committee. The parties agree that the Joint Benefits Committee shall explore all potential options or changes that could generate cost reductions to the Benefit Plans with the following order of priorities:

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree.

  • Superior Benefits Employees receiving benefits and/or wages specified in this Agreement, superior to those provided in this Agreement, shall remain at the superior benefit level which was in effect on the effective date of this Agreement, until such time as such superior benefits are surpassed by the benefits and/or wages provided in succeeding agreements. This provision applies only to employees on staff as of the effective date of this Agreement.

  • Program Benefits Under the Probation Status, the Participating Contractor will be eligible for all contractor incentives, its customers will have access to financing offered through the Program, and income- eligible households will be eligible to receive Program incentives.

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • Third Party Beneficiaries This Agreement is intended for the benefit of the parties hereto and their respective permitted successors and assigns, and is not for the benefit of, nor may any provision hereof be enforced by, any other person.

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