Amendments to the Subsidy Contract and other Sample Clauses

Amendments to the Subsidy Contract and other project changes 1. The Lead Beneficiary shall request modification of the Subsidy Contract in advance (Addendum to be ex-ante approved by the Managing Authority) in case of substan- tial changes in the Project, as follows: a) change of the Lead Beneficiary and/or Project Partners; b) substantial changes in the overall project objectives; c) change of activities (either introducing new activities or replacing old ones); d) change of output and result indicators (exceeding 20% of the original indicators); e) budget reallocation between budget headings (exceeding 20% of the original amount of the affected budget headings, reallocations cumulative) within the budget of the particular project partner; f) prolongation of the project duration. 2. The Lead Beneficiary shall request modification of the project (Other Project Modifi- cation to be ex-post approved by the Joint Technical Secretariat) in case of smaller changes in the content of the Project, as follows: a) Changes in the project team b) Merging of reporting periods c) Change of output and result indicators (NOT exceeding 20% of the original indi- cators) d) Budget reallocation between budget lines/headings (NOT exceeding 20% of the original amount of the affected budget headings, reallocations cumulative) within the budget of the particular project partner e) Other project content changes 3. Modification of the Subsidy Contract/Other Project Modification can be requested only once during a reporting period. Budget reallocation exceeding the 20 % reallo- cation limit, and prolongation of the project duration has to be initiated at least 45 calendar days before the project end date set in Article 2.
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Amendments to the Subsidy Contract and other project changes 1. The deviations from any aspect of project implementation defined in the present Contract and its Annexes have to be reported to the Joint Secretariat in order to seek written approval for changes. 2. The following modifications are not possible: 1. Modifications which affect the basic purpose of the Project as approved by the Joint Monitoring Committee; 2. Change of Lead Beneficiary (unless it is necessary by law); 3. Budget reallocations between Beneficiaries; 4. Reallocation to the budget line which did not contain allocated amounts in the approved budget or to those which were decreased according to the decision of the JMC; 5. Reallocation to the Budget Heading 1.
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Related to Amendments to the Subsidy Contract and other

  • Administrative and Other Services (a) Subadviser will, at its expense, furnish (i) all necessary investment and management facilities, including salaries of personnel required for it to execute its duties faithfully, and (ii) administrative facilities, including bookkeeping, clerical personnel and equipment necessary for the efficient conduct of the investment affairs of the Fund (excluding determination of net asset values and shareholder accounting services). (b) Subadviser will maintain all accounts, books and records with respect to the Fund as are required of an investment adviser of a registered investment company pursuant to the Investment Company Act and the rules thereunder. Subadviser agrees that such records are the property of the Trust, and will be surrendered to the Trust promptly upon request. The Manager shall be granted reasonable access to the records and documents in Subadviser’s possession relating to the Funds. (c) Subadviser shall provide such information as is necessary to enable Manager to prepare and update the Trust’s registration statement (and any supplement thereto) and the Fund’s financial statements. Subadviser understands that the Trust and Manager will rely on such information in the preparation of the Trust’s registration statement and the Fund’s financial statements, and hereby covenants that any such information approved by Subadviser expressly for use in such registration and/or financial statements shall be true and complete in all material respects. (d) Subadviser will vote the Fund’s investment securities in the manner in which Subadviser believes to be in the best interests of the Fund, and shall review its proxy voting activities on a periodic basis with the Trustees.

  • Statements, Confirmations and Other Correspondence The Financial Institution will promptly deliver copies of statements, confirmations and correspondence about the Collateral Accounts and the cash or other financial assets credited to a Collateral Account to the Grantor and the Secured Party.

  • Amendments and Supplements to a Prospectus and Other Matters The Company will comply with the Securities Act and the Exchange Act, and the rules and regulations of the Commission thereunder, so as to permit the completion of the distribution of the Securities as contemplated in this Agreement, the Incorporated Documents and any Prospectus. If during the period in which a prospectus is required by law to be delivered in connection with the distribution of Securities contemplated by the Incorporated Documents or any Prospectus (the “Prospectus Delivery Period”), any event shall occur as a result of which, in the judgment of the Company or in the opinion of the Placement Agent or counsel for the Placement Agent, it becomes necessary to amend or supplement the Incorporated Documents or any Prospectus in order to make the statements therein, in the light of the circumstances under which they were made, as the case may be, not misleading, or if it is necessary at any time to amend or supplement the Incorporated Documents or any Prospectus or to file under the Exchange Act any Incorporated Document to comply with any law, the Company will promptly prepare and file with the Commission, and furnish at its own expense to the Placement Agent and to dealers, an appropriate amendment to the Registration Statement or supplement to the Registration Statement, the Incorporated Documents or any Prospectus that is necessary in order to make the statements in the Incorporated Documents and any Prospectus as so amended or supplemented, in the light of the circumstances under which they were made, as the case may be, not misleading, or so that the Registration Statement, the Incorporated Documents or any Prospectus, as so amended or supplemented, will comply with law. Before amending the Registration Statement or supplementing the Incorporated Documents or any Prospectus in connection with the Offering, the Company will furnish the Placement Agent with a copy of such proposed amendment or supplement and will not file any such amendment or supplement to which the Placement Agent reasonably objects.

  • Agreements and Other Documents 29 3.23 Solvency....................................................................................... 29 3.24

  • PAYMENT OF COLLECTION, ENFORCEMENT AND OTHER COSTS If (a) this Warrant is placed in the hands of an attorney for collection or enforcement or is collected or enforced through any legal proceeding or the holder otherwise takes action to collect amounts due under this Warrant or to enforce the provisions of this Warrant or (b) there occurs any bankruptcy, reorganization, receivership of the company or other proceedings affecting company creditors’ rights and involving a claim under this Warrant, then the Company shall pay the costs incurred by the Holder for such collection, enforcement or action or in connection with such bankruptcy, reorganization, receivership or other proceeding, including, without limitation, attorneys’ fees and disbursements.