Consortium Plan. Consortium Plan means the description of the Action and the related agreed budget as first defined in the Grant Agreement and which may be updated by the General Assembly.
Consortium Plan means the description of the work and the related agreed Consortium Budget, including the payment schedule, as updated and approved by the General Assembly.
Consortium Plan. Consortium Plan means the description of the Action and the related agreed budget as first defined in the Grant Agreement and which may be updated by the General Assembly. Article 5.5 of the MGA states that the estimated budget may be adjusted by transfers of amounts between Parties or between budget categories (or both) without an amendment of the Grant Agreement. As minor modifications to the original description of the Action and estimated budget quite frequently are necessary during the project and do not have to result in changes of the Grant Agreement, this part of the Grant Agreement therefore can become outdated, but the consortium still needs to have a binding agreement on who has to perform which tasks for which budget: the Consortium Plan. As the project progresses and minor budget shifts become necessary, the Consortium Plan is dynamic and will be updated when needed or on a regular basis. As such it is not a formal annex to the Grant Agreement. The starting point for the Consortium Plan will be the “description of the Action” as laid down in Annex 1 and the related estimated budget in Annex 2 of the Grant Agreement. It is strongly advised to inform the Granting Authority of any changes accordingly in the periodic reports to the Granting Authority. If the discrepancy becomes too big, and in consultation with the Granting Authority, an updated version of the Grant Agreement Annex 1 could be generated, as an amendment to the Grant Agreement. The Consortium Plan is the formal outcome of the regular process of decision-making inside the Consortium as laid down in this Consortium Agreement.
Examples of Consortium Plan in a sentence
The transfer of the initial pre-financing, the additional pre-financings (if any) and interim payments to Parties will be handled in accordance with Article 22 and Article 7 of the Grant Agreement following this payment schedule: Funding of costs included in the Consortium Plan will be paid by the Coordinator to the Parties after receipt of payments from the Granting Authority without undue delay and in conformity with the provisions of the Grant Agreement.
Each Party shall perform its tasks in accordance with the Consortium Plan and contribute to the completion of the work package.
More Definitions of Consortium Plan
Consortium Plan means the description of the Project and the related agreed budget as first defined in the Grant Agreement and which may be updated as appropriate by the General Assembly.
Consortium Plan. Consortium Plan means the description of the work and the related agreed Consortium Budget, including the payment schedule, as updated and approved by the General Assembly. Art. 5, Core EC-GA, states that “Beneficiaries [Parties] are allowed to transfer budget between different activities and between themselves in so far as the work is carried out as foreseen in Annex I.” As minor modifications quite frequently are necessary during the project and do not have to result in changes of Annex I, Annex I therefore can become outdated, but the consortium still needs to have a binding agreement on who has to perform which tasks for which budget: the Consortium Plan. As the project progresses and minor budget shifts become necessary, the Consortium Plan is dynamic and will be updated when needed or on a regular basis. As such it is not a formal annex to the Grant Agreement The starting point for the Consortium Plan will be the Description of Work (DoW) as laid down in Annex I of the EC-GA. It is strongly advised to inform the European Commission of any changes accordingly in the periodic reports to the European Commission. If the discrepancy becomes too big and in consultation with the European Commission an updated version of the Annex I could be generated, as an amendment to the Grant Agreement. The Consortium Plan is the formal outcome of the regular process of decision making inside the Consortium as laid down in this Consortium Agreement.
Consortium Plan. Consortium Plan means the description of the work and the related agreed Consortium Budget, including the payment schedule, as defined in Annex I of the Grant Agreement and updated and approved by the General Assembly.
Consortium Plan means the description of the action and the related agreed budget as first defined in the Grant Agreement and which may be updated by the Steering Committee. “Data” means any data, including the Personal Data and / or Clinical Data, that is owned or stored by a Party prior to the commencement of the Project or that is generated under the Project and that is subject to the terms and conditions specified in section 4.7.
Consortium Plan means the description of the work and the related agreed Consortium Budget, including the payment schedule, as updated and approved by the GRA ITD Steering Committee the initial version of which is included as [Attachment 8] to this Agreement.
Consortium Plan means the description of the Project and the related agreed budget as first defined in the Grant Agreement and which may be updated by the EuroCirCol Collaboration Board (ECB).
Consortium Plan means the Project Description (see Attachment 1 to the TFl-GA), and its annually updated Action/Progress Plan (see Attachment 1 to TFl-GA) as defined in the TFI- GA, and the related agreed Consortium Budget, as updated and approved by the NORDRESS Council.