EC Contract definition

EC Contract means the Contract between the Coordinator, the Contractors and the Commission regarding the performance of the Project.
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EC Contract means any legally binding document through which an activity is financed under IPA, including possible co-financing, and which is signed by the European Community or the Beneficiary or a grant beneficiary.
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EC Contract means an EC contract within the meaning given in section 75(5B) of the Insurance Companies Act 1982;
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Examples of EC Contract in a sentence

  • Notwithstanding any other obligations provided herein, the Contractors shall use their best reasonable endeavour to perform, fulfil, promptly and in due time all their obligations so that the Project shall be carried out in accordance with the terms and conditions of the EC Contract and this Consortium Agreement.

  • Each Contractor shall address to the Coordinator an audit certificate in accordance with the relevant article of the EC Contract no later than thirty (30) days after the end of each certification period.

  • Notwithstanding any collective liability of the Contractors which may exist towards the Commission, each Contractor, except public bodies, shall be liable towards the other Contractors for any losses or damages suffered by the Commission, as a consequence of any failure to perform all or part of its obligations under the EC Contract or under this Consortium Agreement.

  • The amount of the Community’s financial contribution is set in the EC Contract and may be reviewed annually by the Commission.

  • No distribution of funds to a Funded Member may take place prior to the signature of the Consortium Agreement and of the EC Contract by the said Funded Member.

  • Except in the Coordinator’s capacity as representative of the Consortium Members as defined in the EC Contract and for any mandate duly given by the Governing Board, the Coordinator shall not be entitled to act or to make legally binding declarations on behalf of any other Consortium Members.

  • The exclusion of a Consortium Member may be decided by the Governing Board by unanimous vote minus the vote of the concerned Consortium Member and pursuant to the terms set forth in the EC Contract.

  • The purpose of this Consortium Agreement is to specify the organisation of the work between the Consortium Members, to organise the management of the Project, to define the respective rights and obligations of the Consortium Members, including, but not limited to, their liability and indemnification, to supplement the provisions of the EC Contract concerning Access rights and to set out rights and obligations of the Consortium Members supplementing but not conflicting with those of the EC Contract.

  • Notwithstanding any joint and several liabilities of the Consortium Members which may exist towards the Commission, each Consortium Member shall be liable towards the others for any losses or damages suffered by the Commission, as a consequence of any failure to perform all or part of its obligations under the EC Contract or under this Consortium Agreement.

  • The Contractors shall provide the head of the Project Co-ordination Committee, the Coordinator or the heads of the Steering Committees, as appropriate, with the deliverables, information and Project Report as they require in order to perform their duties under this Consortium Agreement and under the EC Contract or as the Commission may request.


More Definitions of EC Contract

EC Contract means any legally binding instrument financed out of the grant and possible co-financing and signed by the EC or the CFCU or an Implementing Agency or a grant beneficiary. TITLE IV – EXECUTION OF CONTRACTS ARTICLE 9 – ORIGIN OF SUPPLIES THE BENEFICIARY agrees that, save when otherwise authorized by THE COMMISSION, materials and supplies required for execution of contracts must originate in: - for contracts approved under the Meda Regulation, the countries of the European Union, and the MEDA partner territories and countries eligible under the Meda Regulation; - for contracts approved under the Pre-accession Regulation, the countries of the European Union, the MEDA partner territories and countries eligible under the Meda Regulation, the Candidate countries of Central and Eastern Europe eligible under the PHARE Regulation and the countries eligible under the CARDS Regulation. ARTICLE 10 –
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EC Contract means the Contract FP6-036414 “Consolidation of European Nuclear Education, Training and Knowledge Management” between the Coordinator, the Contractors and the Commission with respect to the implementation of this Project.
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Related to EC Contract

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Privatization contract or “contract” means an agreement or

  • Project Contract means a Project Contract as such term is defined in the RfP; “Proposal” means a Proposal as such term is defined in the RfP;

  • framework contract means a payment service contract which governs the future execution of individual and successive payment transactions and which may contain the obligation and conditions for setting up a payment account;

  • Public contract means an agreement between a public body and a nongovernmental source that is

  • Multiyear contract means a contract that extends beyond a one-year period, including a contract that permits renewal of the contract, without competition, beyond the first year of the contract.

  • Procurement Contract or “Contract” means any written agreement of the Authority for the acquisition of goods or services of any kind in the actual or estimated amount of $25,000, or more.

  • Smart contract means an event-driven program, with state, that runs on a distributed, decentralized, shared, and replicated ledger and which can take custody over and instruct transfer of assets on that ledger.

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • Key Sub-Contract means each Sub-Contract with a Key Sub-Contractor;

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • Public work contract means a contract for constructing, altering, or repairing a public building or carrying out or completing any pub- lic work. Gov’t Code 2253.001(4)

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • Charter contract or "contract" means a fixed-term, renewable contract between a

  • Term contract means contracts established by the chief procurement officer for specific supplies, services, or information technology for a specified time and for which it is mandatory that all governmental bodies procure their requirements during its term. As provided in the solicitation, if a public procurement unit is offered the same supplies, services, or information technology at a price that is at least ten percent less than the term contract price, it may purchase from the vendor offering the lower price after first offering the vendor holding the term contract the option to meet the lower price. The solicitation used to establish the term contract must specify contract terms applicable to a purchase from the vendor offering the lower price. If the vendor holding the term contract meets the lower price, then the governmental body shall purchase from the contract vendor. All decisions to purchase from the vendor offering the lower price must be documented by the procurement officer in sufficient detail to satisfy the requirements of an external audit. A term contract may be a multi‑term contract as provided in Section 11‑35‑2030.

  • Connection Contract means a contract under which Distributed Generation is connected to the Network entered into by the Distributor and a Distributed Generator in accordance with Part 6 of the Code, and, for the purposes of this Agreement, the Distributor and a Distributed Generator are deemed to have entered into a Connection Contract if the regulated terms in Part 6 of the Code apply;

  • Customer Contract means any written contract or agreement (other than trade contracts) between Seller and any of its customers (or under which Seller has rights) which has been entered into and signed by the parties thereto in connection with the publication of the Directories and corresponding provision of Directory Services.

  • Standard Contract means a contract concerning a wholesale energy product admitted to trading at an organised market place, irrespective of whether or not the transaction actually takes place on that market place;

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contractingparty or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • Major Contract means (i) any management agreement relating to the Properties or the Loan Parties, (ii) any agreement between any Loan Party and any Affiliate of any Relevant Party and (iii) any brokerage, leasing, cleaning, maintenance, service or other contract or agreement of any kind (other than Leases) relating to the Properties, in each case involving payment or expense of more than One Million and No/100 Dollars ($1,000,000) during any twelve (12) month period, unless cancelable on thirty (30) days or less notice without requiring payment of termination fees or payments of any kind.

  • Open Contract means a Contract which has not been closed out and which has not yet matured;