Cost Sharing Principles Sample Clauses

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Cost Sharing Principles. 1.1 These cost sharing principles are intended to ensure that the costs of the Parties and the relevant services administered by the Administering Authority on behalf of the Parties are shared on a fair and equitable basis. 1.2 The general approach adopted is to identify each cost element and to apportion it in the most logical and transparent way possible, being mindful of the need to avoid any one of the Parties subsidising another.
Cost Sharing Principles. All costs of Consortium establishment and management, and all costs engaged for the Purpose, in particular in establishing and submitting the Registration Dossiers, including developing studies and purchasing access to third party owned information where necessary shall be shared in accordance with Annex 9.
Cost Sharing Principles. 3.1 Purchaser shall, based on “Arm’s Length” principle, fully compensate Service Provider for all costs occurring related to activities under this Service Agreement which are executed on behalf of Purchaser. 3.2 The general principle is that costs that can be identified as directly arising from activities related to one Party’s Vehicles shall also be fully covered by that Party. 3.3 In cases when the distinction described in Section 3.2 above is not possible to make, i.e. when an activity adds value to both Parties’ outbound logistics flow, the costs for such activities (“Common Costs”) will be will be distributed between the Parties based on forecasted production volume (unless otherwise stated in the following) and, where applicable, its market distribution. 3.3.1 To establish the costs for a calendar year, the Parties’ combined volume forecast plan made available in November, preceding year, shall be used to determine each Parties’ share of the Common Costs. 3.3.2 In the event that Purchaser during a calendar year adds an additional car model, manufacturing plant (pick-up location) and/or hew market (destinations) which was not known at the time for the planning described in Section 3.3.1 above, the Common Costs will be adjusted based on a new volume forecast which is determined in good faith between the Parties. The updated Common Costs shall be applied from the first day of the calendar month when the changed condition is effective.
Cost Sharing Principles. The following costs shall be shared between the concerned Members, as the case may be, in accordance to the inclusion of the Sub-group: - Administrative expenses reasonably incurred by the Parties for the management of the Consortium, including secretarial services, management of confidential data or external experts which have been approved by the Steering Committee. Any such costs shall not include any out-of-pocket expenses incurred by the Parties unless approved in advance by the Steering Committee. - Acquisition of rights to existing Studies valued under conditions specified above provided that the Member needs to submit the Study according to its tonnage band and inclusion in Sub-groups; - Costs for new Studies to be jointly developed according to ▇▇▇▇▇▇▇ ▇▇ to VIII of the REACH Regulation, provided that the Member needs to submit the Study according to its tonnage band, adhesion to Sub-groups and provided that no study will be initiated without a budget approved by the Steering Committee; - Costs for new Studies to be jointly developed pursuant to the evaluation of testing proposals by the Agency, provided that the Member needs to submit the Study according to its tonnage band, adhesion to Sub-groups and provided that no study will be initiated without a budget approved by the Steering Committee. - Other costs incurred by the Members in the context of this Agreement shall not be compensated unless agreed by the Steering Committee. The expenses shall be allocated to Members in accordance with the Cost sharing rule and allocation principles detailed in a Data and Cost sharing Policy that the Steering Committee shall approve, on the basis of a Technical Committee proposal and the rules previously agreed under the Association umbrella. If a Member fails to meet its financial and other member obligations as basic member or associated member of EtOH-REACH Association and/or as Regular or Associate Consortium Member of the Fusel Oil Consortium, access to the dossier will be prohibited till company has met its commitments. All payments due hereunder shall be net payments, i.e. free of any bank or transfer charges or similar charges and without deduction of any taxes, levies or other dues payable. If payer is required to withhold any tax or to make any other deduction from any such payments, then the said payments shall be increased to the extent necessary to ensure that, after making of the required deduction or withholding, payee receives and retains (free...
Cost Sharing Principles. 3.1 Purchaser shall, based on “Arm’s Length” principle, fully compensate Service Provider for all costs occurring related to activities under this Service Agreement which are executed on behalf of Purchaser. 3.2 The general principle is that costs that can be identified as directly arising from activities related to one Party’s Vehicles shall also be fully covered by that Party. 3.3 In cases when the distinction described in Section 3.2 above is not possible to make, i.e. when an activity adds value to both Parties’ outbound logistics flow, the costs for such activities (“Common Costs”) will be distributed between the Parties based on forecasted production volume (unless otherwise stated in the following) and, where applicable, its market distribution.
Cost Sharing Principles. The Members shall bear the costs of the Consortium (as defined in Article 7.2 of the Consortium Agreement) as follows (can be adapted by the Members’ meeting): Administrative Costs: management and communication Each Associate and Regular Member pays a yearly fixed fee of 3000 euro. Amount can be changed at the Members’ Meeting in future if needed. On top of the basic fixed fee of 3000 euro, each Regular Member shall pay their fair share of the remaining administrative costs based on their European total tonnage of all imported and/or manufactured substances of the Regular Member and its affiliates as reported to the Secretariat (tonnages of year x define the membership fee in year x+1).
Cost Sharing Principles 

Related to Cost Sharing Principles

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

  • Governing Principles 1. The implementation of this Memorandum of Understanding shall in all aspects be governed by the Regulation and subsequent amendments thereof. 2. The objectives of the EEA Financial Mechanism 2014-2021 shall be pursued in the framework of close co-operation between the Donor States and the Beneficiary State. The Parties agree to apply the highest degree of transparency, accountability and cost efficiency as well as the principles of good governance, partnership and multi-level governance, sustainable development, gender equality and equal opportunities in all implementation phases of the EEA Financial Mechanism 2014-2021. 3. The Beneficiary State shall take proactive steps in order to ensure adherence to these principles at all levels involved in the implementation of the EEA Financial Mechanism 2014-2021. 4. No later than 31/12/2020, the Parties to this Memorandum of Understanding shall review progress in the implementation of this Memorandum of Understanding and thereafter agree on reallocations within and between the programmes, where appropriate. The conclusion of this review shall be taken into account by the National Focal Point when submitting the proposal on the reallocation of the reserve referred to in Article 1.11 of the Regulation.