Common use of Funding Principles Clause in Contracts

Funding Principles. A Party which spends less than its allocated share of the Partnership Budget will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Partnership Budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share.

Appears in 13 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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Funding Principles. A Party which spends less than its allocated share of the Partnership Budget budget will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Partnership Budget budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share.

Appears in 6 contracts

Samples: smlouvy.gov.cz, smlouvy.gov.cz, smlouvy.gov.cz

Funding Principles. A Party which that spends less than its allocated share of the Partnership Budget budget as set out in the Project Plan will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Partnership Budget budget as set out in the Project Plan will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share.

Appears in 3 contracts

Samples: Project Agreement, Template Project Agreement, Project Agreement

Funding Principles. 7.1.3.1 A Party which that spends less than its allocated share of the Partnership Consortium Budget will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Partnership Budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share.

Appears in 2 contracts

Samples: Consortium Agreement, Consortium Agreement

Funding Principles. A Party which spends less than its allocated share of the Partnership Budget will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Partnership Budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share. The funding of each Party is in accordance with the State Aid Scheme approved for the Research Programme.

Appears in 2 contracts

Samples: Partnership Agreement, Partnership Agreement

Funding Principles. A Party which spends less than its allocated share of the Partnership Budget will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Partnership Budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share.

Appears in 2 contracts

Samples: Consortium Agreement, Consortium Agreement

Funding Principles. A Party which spends less than its allocated share of the Partnership Budget will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Partnership Budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share. The Funding of each Party is in accordance with the State Aid Scheme approved for the Programme.

Appears in 2 contracts

Samples: Partnership Agreement, Partnership Agreement

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Funding Principles. A Party which that spends less than its allocated share of the Partnership Budget budget as set out in Annex 2 to the Grant Agreement will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Partnership Budget budget as set out in Annex 2 to the Grant Agreement will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share.

Appears in 1 contract

Samples: Partnership Agreement

Funding Principles. A Party which spends less than its allocated share of the Partnership Budget budget will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Partnership Budget budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share. No Party shall before than the end of the Project receive more than its allocated share of the maximum grant amount. A Party having received excess payments has to return the relevant amount without undue delay.

Appears in 1 contract

Samples: msu.euramet.org

Funding Principles. 7.1.3.1 A Party which spends less than its allocated share of the Partnership Consortium Budget will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Partnership Budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share.

Appears in 1 contract

Samples: Consortium Agreement

Funding Principles. (1) A Party which spends less than its allocated share of the Partnership Consortium Budget will be funded in accordance ac- cordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Partnership Budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share.

Appears in 1 contract

Samples: Consortium Agreement

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