Common use of Grant Payment Clause in Contracts

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in 2 instalments as follows: • the 1st installment in the amount of €8,000.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First Instalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s website in the period under Article 6, section 6.2 of the Contract (the "Final Report"); • the 2nd (and final) installment in the amount of €1,999.00 within 15 working days after the Final Report and Financial Statement are approved by the Fund according to Article 6 hereof (the "Final Instalment"). Parties agreed that the Final Instalment must be pre-financed by the Grantee and, if duly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalment. 4.2 The Grantee shall be entitled to the 2nd (and final) instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under the conditions set forth in Section 4.2 hereof in 2 instalments hereofin 3 installments as follows: • the 1st installment in the amount of €8,000.00 of€11,605.00 within 15 working days after the delivery of the ofthe valid and effective Contract by the Grantee to the Fund (the "First InstalmentInstallment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund an interim report, the contents and requisites ofwhich are set forth in the Grants Guidelines published and available on the Funďs website, in the period under Article 6, section 6.2 ofthe Contract (the "lnterim Report"); • the 2nd installment in the amount of€18,698.00 within 15 working days after the Interim Report is approved by the Fund and at least 50% of the 1st installment is utilized; Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report Fina! Report, Financial Statement and Audit Report , the contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s website Funďs website, in the period under Article 6, section 6.2 of the ofthe Contract (the "Final Fina! Report"); • the 2nd (3rd and final) final installment in the amount of €1,999.00 of€7,575.00 within 15 working days after the Final Report and Fina! Report, Financial Statement and Audit Report are approved by the Fund according to Article 6 hereof (the "Final Fina! Instalment"). Parties agreed that the Final Instalment Fina! Installment must be pre-financed by the Grantee and, if duly ifduly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalmentofthe Fina! Installment. 4.2 The Grantee shall be entitled to the 2nd (and final) instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in hereofin 2 instalments as follows: • the 1st installment in the amount of €8,000.00 of€7,820.00 within 15 working days after the delivery of the ofthe valid and effective Contract by the Grantee to the Fund (the "First Instalmentlnstalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which ofwhich are set forth in the Grants Guidelines published and available on the Fund’s Funďs website in the period under Article 6, section 6.2 of the ofthe Contract (the "Final Fina! Report"); • the 2nd (and final) installment in the amount of €1,999.00 1,955.00 within 15 working days after the Final Fina! Report and Financial Statement are approved by the Fund according to Article 6 hereof (the hereof(the "Final Fina! Instalment"). Parties agreed that the Final Fina! Instalment must be pre-financed by the Grantee and, if duly ifduly approved under conditions set forth hereof, the Fund Funli reimburses the due amount of the Final ofthe Fina! Instalment. 4.2 The Grantee shall be entitled to the 2nd (and final) instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of EventsofEvents/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the ofthe Grant or any part of itofit, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the ofthe Application's submission or the provisions of the ofthe present Contract. In such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this ofthis Contract they made themselves familiar with the Rules and Grant Guidelines of the ofthe Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the ofthe Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the ofthe Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in 2 instalments as follows: • the 1st installment in the amount of €8,000.00 20,512.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First Instalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s website in the period under Article 6, section 6.2 of the Contract (the "Final Report"); • the 2nd (and final) installment in the amount of €1,999.00 5,128.00 within 15 working days after the Final Report and Report, Financial Statement and Audit Report are approved by the Fund according to Article 6 hereof (the "Final Instalment"). Parties agreed that the Final Instalment must be pre-financed by the Grantee and, if duly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalment. 4.2 The Grantee shall be entitled to the 2nd (Instalment and final) instalment Final Instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the Fund. 4.5 The Fund is entitled to change the Grant Guidelines and is in such case obliged to make the valid version thereof available at the Fund's website (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇).

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in 2 instalments as follows: • the 1st 1 st installment in the amount of €8,000.00 9,836.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First Instalmentlnstalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which ofwhich are set forth in the Grants Guidelines published and available on the Fund’s Funďs website in the period under Article 6, section 6.2 of the Contract (the "Final ''Fina! Report"); • the 2nd (and final) installment in the amount of €1,999.00 of€2,459.00 within 15 working days after the Final Report and Fina! Report, Financial Statement and Audit Report are approved by the Fund according to Article 6 hereof (the "Final Fina! Instalment"). Parties agreed that the Final Fina! Instalment must be pre-financed by the Grantee Orantee and, if duly ifduly approved under conditions set forth hereof, the Fund reimburses the due amount of the ofthe Final Instalment. 4.2 The Grantee shall be entitled to the 2nd (Instalment and final) instalment of the Fina! Instalment ofthe Grant solely upon the approval of the ofthe Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and hereofand in the Calendar of EventsofEvents/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the ofthe Grant or any part of itofit, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission or the provisions of the ofthe present Contract. In such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this ofthis Contract they made themselves familiar with the Rules and Grant Guidelines of the ofthe Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the ofthe Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules rl}les and principles of the ofthe Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under the conditions set forth in Section 4.2 hereof in 2 instalments installments as follows: • the 1st installment in the amount of €8,000.00 of€7,992.00 within 15 working days after the delivery of the ofthe valid and effective Contract by the Grantee to the Fund (the "First Instalmentlnstallment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report report, the contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s website Funďs website, in the period under Article Artic le 6, section 6.2 of the ofthe Contract (the "Final Report"); • the 2nd (and final) installment in the amount of €1,999.00 1,998.00 within 15 working days after the Final Report and Financial Statement are approved by the Fund according to Article 6 hereof (the "Final Instalmentlnst allment")) . Parties agreed that the Final Instalment lnstallment must be pre-financed by the Grantee and, if duly approved under the conditions set forth hereofhereof , the Fund reimburses the due amount of the ofthe Final Instalment. 4.2 lnstallment. The Grantee shall be entitled to the 2nd (lnstallment and final) instalment Final Installment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment installment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 hereof . The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the ApplicationApp lic ation's submission submissi on, or the provisions of the present Contract. In ln such case case, the Grantee shall not be entitled to any disbursement. 4.4 dis bursement . The Fund also reserves the right to reduce the Grant or any part of it, in case the Grantee is entitled for any tax (VAT) refund from local authorities. The Grantee declares that prior to the signing of this Contract they have made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with of the grants, including ▇▇▇▇▇ the Grant provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇www.visegrad fund.or g). The Grantee shall be obliged to accept all such rules and principles ofthe Fund. The Fund is entitled to unilaterally change and/or amend the Grant Guidelines even through validity ofthe Contract and is in such case obliged to make the valid version thereof available at the Funďs website (www.v is egradfu nd. org). The Grantee is obliged to comply with the updated Grant Guidelines after receiving a notification about changes and/or amendments by the Fund. GRANT UTILIZATION The Grant shall be used by the Grantee only to cover the direct expenses of the Project during the lmplementation Period of the Project according to the budget pian which forms Attachment No. I hereof (the "Budget"). Up to 15% of the Grant may be used to cover Project overhead costs (operating costs directly Iinked to the Project). The expenses required for the Project from the Grant cannot exceed the approved amount. The Grant may only be used during the contracted lmplementation Period. The part of the Grant not used during the lmplementation Period sha ll be retumed by the Grantee to the Fund upon request within 15 working days. The Grantee shall use the Grant according to the Budget in an efficient and cost-effective way. " Any change in the qualified expenses as stated in the Budget exceeding the amounts in individual budget categories as specified in the Grant Guidelines requires the prior approval of the statutory representative of the Fund.. For such approval to be granted šl­ request must be submitted in the Online System with proper justification. Without the Funďs approval, the Grant may not be used to cover such changed expenses exceeding the amount qualified in the Budget. The financial resources ofthe Grant other than overhead costs cannot be used for:

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in 2 instalments as follows: • the 1st installment in the amount of €8,000.00 18,560.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First Instalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s website in the period under Article 6, section 6.2 of the Contract (the "Final Report"); • the 2nd (and final) installment in the amount of €1,999.00 4,640.00 within 15 working days after the Final Report and Report, Financial Statement and Audit Report are approved by the Fund according to Article 6 hereof (the "Final Instalment"). Parties agreed that the Final Instalment must be pre-financed by the Grantee and, if duly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalment. 4.2 The Grantee shall be entitled to the 2nd (Instalment and final) instalment Final Instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in 2 instalments as follows: • the 1st installment in the amount of €8,000.00 15,280.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First Instalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s website in the period under Article 6, section 6.2 of the Contract (the "Final Report"); • the 2nd (and final) installment in the amount of €1,999.00 3,820.00 within 15 working days after the Final Report and Report, Financial Statement and Audit Report are approved by the Fund according to Article 6 hereof (the "Final Instalment"). Parties agreed that the Final Instalment must be pre-financed by the Grantee and, if duly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalment. 4.2 The Grantee shall be entitled to the 2nd (Instalment and final) instalment Final Instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in 2 instalments as follows: • the 1st installment in the amount of €8,000.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First Instalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which are set forth in the Grants V4 Gen Guidelines published and available on the Fund’s website in the period under Article 6, section 6.2 of the Contract (the "Final Report")website; • the 2nd (and final) installment in the amount of €1,999.00 2,000.00 within 15 working days after the Final Report and Financial Statement are is approved by the Fund according to Article 6 hereof (the "Final Instalment"). Parties agreed that the Final Instalment must be pre-financed by the Grantee and, if duly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalment. 4.2 The Grantee shall be entitled to the 2nd (Instalment and final) instalment Final Instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar List of Events/Outputs Events as specified in Attachment No. 2 . 1 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does not comply either with the Rules and Grant V4 Gen Guidelines mentioned in 4.4 and applicable at the time of the Application's submission or and/or the provisions of the present Contract, and/or in case the number of direct participants and the number of days shall be lower than stated in the List of Events. In such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the Rules and Grant V4 Gen Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the Fund. 4.5 The Fund is entitled to change the V4 Gen Guidelines and is in such case obliged to make the valid version thereof available at the Fund's website (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) and notify the Grantee.

Grant Payment. 4.1 The Grant shall be paid to the Grantee METU under conditions set forth in Section 4.2 hereof in 2 instalments as follows: • the 1st installment in the amount of €8,000.00 7,093.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee Partners to the International Visegrad Fund (the "First Instalment"hereinafter Fund); . Contracting Parties agreed that the Grantee is they are obliged to deliver to the Fund a final report contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s website in the period under Article 6, section 6.2 of the Contract (the "Final Report"); • the 2nd (and final) installment in the amount of €1,999.00 1,773.00 within 15 working days after the Final Report and Financial Statement are approved by the Fund according to Article 6 hereof (the "Final Instalment"). Parties Partners agreed that the Final Instalment must be pre-financed pre- fmanced by the Grantee themselves and, if duly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalment. 4.2 Based on the Grant Guidelines for Visegrad, Visegrad+ and Strategic Grants of the Fund METU can cover the costs of the partners without direct transfer of any percentage of the needed amount. The Grantee invoice for the press release in Slovakia will be reimbursed directly by METU (including the press release order and realization). 4.3 The Contracting Parties shall be entitled to the 2nd (and final) instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee Parties to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereofFund. 4.3 4.4 The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does Partners do not comply either with the Rules and Grant Guidelines mentioned in 4.4 4.5 and applicable at the time of the Application's submission or the provisions of the present Contract. In such case the Grantee Parties shall not be entitled to any disbursement. 4.4 4.5 The Grantee declares Contracting Parties declare that prior to the signing of this Contract they made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇www.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under the conditions set forth in Section 4.2 hereof in hereofin 2 instalments installments as follows: • the 1st installment in the amount of €8,000.00 of€17,716.00 within 15 working days after the delivery of the ofthe valid and effective Contract by the Grantee to the Fund (the "First InstalmentJnstallment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report report, the contents and requisites of which ofwhich are set forth in the Grants Guidelines published and available on the Fund’s website Funďs website, in the period under Article 6, section 6.2 of the ofthe Contract (the "Final Fina! Report"); • the 2nd (and final) installment in the amount of €1,999.00 of€4,429.00 within 15 working days after the Final Report and Fina) Report, Financial Statement and Audit Report are approved by the Fund according to Article 6 hereof (the "Final InstalmentFina! Installment"). Parties agreed that the Final Instalment Installment must be pre-financed by the Grantee and, if duly ifduly approved under the conditions set forth hereof, the Fund reimburses the due amount of the ofthe Final InstalmentInstallment. 4.2 The Grantee shall be entitled to the 2nd (lnstallment and final) instalment Final Installment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment installment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of EventsofEvents/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the ofthe Grant or any part of itofit, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission submission, or the provisions of the present Contract. In such case case, the Grantee shall not be entitled to any disbursement. The Fund also reserves the right to reduce the Grant or any part ofit, in case the Grantee is entitled for any tax (VAT) refund from local authorities. 4.4 The Grantee declares that prior to the signing of this Contract they have made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with of the grants, including ▇▇▇▇▇ the Grant provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇�.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of ofthe Fund. 4.5 The Fund is entitled to unilaterally change and/or amend the Grant Guidelines even through validity ofthe Contract and is in such case obliged to make the valid version thereofavailable at the Funďs website (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee is obliged to comply with the updated Grant Guidelines after receiving a notification about changes and/or amendments by the Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under the conditions set forth in Section 4.2 hereof in 2 instalments installments as follows: • the 1st installment in the amount of €8,000.00 39,848.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First InstalmentInstallment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report report, the contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s website website, in the period under Article 6, section 6.2 of the Contract (the "Final Report"); • the 2nd (and final) installment in the amount of €1,999.00 9,961.00 within 15 working days after the Final Report and Report, Financial Statement and Audit Report are approved by the Fund according to Article 6 hereof (the "Final InstalmentInstallment"). Parties agreed that the Final Instalment Installment must be pre-financed by the Grantee and, if duly approved under the conditions set forth hereof, the Fund reimburses the due amount of the Final InstalmentInstallment. 4.2 The Grantee shall be entitled to the 2nd (Installment and final) instalment Final Installment of the Grant solely upon the approval of the Fund provided provided (i) the relevant reports relating to the particular instalment installment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission submission, or the provisions of the present Contract. In such case case, the Grantee shall not be entitled to any disbursement. The Fund also reserves the right to reduce the Grant or any part of it, in case the Grantee is entitled for any tax (VAT) refund from local authorities. 4.4 The Grantee declares that prior to the signing of this Contract they have made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with of the grants, including ▇▇▇▇▇ the Grant provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the Fund. 4.5 The Fund is entitled to unilaterally change and/or amend the Grant Guidelines even through validity of the Contract and is in such case obliged to make the valid version thereof available at the Fund's website (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee is obliged to comply with the updated Grant Guidelines after receiving a notification about changes and/or amendments by the Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in 2 instalments as follows: • the 1st installment in the amount of €8,000.00 17,684.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First Instalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s website in the period under Article 6, section 6.2 of the Contract (the "Final Report"); • the 2nd (and final) installment in the amount of €1,999.00 4,421.00 within 15 working days after the Final Report and Report, Financial Statement and Audit Report are approved by the Fund according to Article 6 hereof (the "Final Instalment"). Parties agreed that the Final Instalment must be pre-financed by the Grantee and, if duly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalment. 4.2 The Grantee shall be entitled to the 2nd (Instalment and final) instalment Final Instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in 2 instalments as follows: •  the 1st installment instalment in the amount of €8,000.00 29,560.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First Instalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s website in the period under Article 6, section 6.2 of the Contract (the "Final Report"); •  the 2nd (and final) installment in the amount of €1,999.00 7,390.00 within 15 working days after the Final Report and Report, Financial Statement and Audit Report are approved by the Fund according to Article 6 hereof (the "Final Instalment"). Parties agreed that the Final Instalment must be pre-financed by the Grantee and, if duly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalment. 4.2 The Grantee shall be entitled to the 2nd (Instalment and final) instalment Final Instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. The Fund also reserves the right to reduce the Grant or any part of it, in case the Grantee is entitled for tax (VAT) refund from local authorities. 4.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇xxxxxxxxxxxxxx). The Grantee shall be obliged to accept all such rules and principles of the Fund. 4.5 The Fund is entitled to change the Grant Guidelines and is in such case obliged to make the valid version thereof available at the Fund's website (xxxxxxxxxxxxxxxxxx)

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in 2 3 instalments as follows: • the 1st installment in the amount of €8,000.00 4,800.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First Instalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s ' s website in the period under Article 6, section 6.2 of the Contract (the "Final Report"); • the 2nd (and final) installment in the amount of €1,999.00 1,200.00 within 15 working days after the Final Report and Financial Statement are approved by the Fund according to Article 6 hereof (the "Final Instalment"). Parties agreed that the Final Instalment must be pre-financed by the Grantee and, . if duly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalment. 4.2 The Grantee shall be entitled to the 2nd (and final) instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the Grant or any part of it, . in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in 2 instalments as follows: • the 1st installment in the amount of €8,000.00 7,984.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First Instalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which are set forth in the Grants Guidelines published and available on the Fund’s website in the period under Article 6, section 6.2 of the Contract (the "Final Report"); • the 2nd (and final) installment in the amount of €1,999.00 1,996.00 within 15 working days after the Final Report and Financial Statement are approved by the Fund according to Article 6 hereof (the "Final Instalment"). Parties agreed that the Final Instalment must be pre-financed by the Grantee and, if duly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalment. 4.2 The Grantee shall be entitled to the 2nd (and final) instalment of the Grant solely upon the approval of the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the Grant or any part of it, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the Application's submission or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇). The Grantee shall be obliged to accept all such rules and principles of the Fund.

Grant Payment. 4.1 The Grant shall be paid to the Grantee under conditions set forth in Section 4.2 hereof in hereofin 2 instalments as follows: • the 1st installment in the amount of €8,000.00 of€7,236.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund (the "First Instalment"); Contracting Parties agreed that the Grantee is obliged to deliver to the Fund a final report contents and requisites of which ofwhich are set forth in the Grants Guidelines published and available on the Fund’s Funďs website in the period under Article 6, section 6.2 of the ofthe Contract (the "Final Report"); • the 2nd (and final) installment in the amount of €1,999.00 1,808.00 within 15 working days after the Final Fina! Report and Financial Statement are approved by the Fund according to Article 6 hereof (the hereof(the "Final Instalment"). Parties agreed that the Final Instalment Fina! lnstalment must be pre-financed by the Grantee and, if duly approved under conditions set forth hereof, the Fund reimburses the due amount of the Final Instalmentofthe Fina! lnstalment. 4.2 The Grantee shall be entitled to the 2nd (and final) instalment of the Grant solely upon the approval of óf the Fund provided (i) the relevant reports relating to the particular instalment were delivered by the Grantee to the Fund within the periods stated in Article 6 hereof and in the Calendar of Events/Outputs as specified in Attachment No. 2 hereto and (ii) such reports were approved by the Fund pursuant to Article 6 hereof. 4.3 The Fund reserves the right to deny the disbursement of the ofthe Grant or any part of itofit, in case the Grantee does not comply either with the Rules and Grant Guidelines mentioned in 4.4 and applicable at the time of the ofthe Application's submission or the provisions of the ofthe present Contract. In ln such case the Grantee shall not be entitled to any disbursement. 4.4 The Grantee declares that prior to the signing of this ofthis Contract they made themselves familiar with the Rules and Grant Guidelines of the Fund which are applied by the Fund for the organization and treatment with the grants, including ▇▇▇▇▇ provided to the Grantee under this Contract, and which are published on the website of the ofthe Fund (▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇www.vis�radfund,m:g). The Grantee shall be obliged to accept all such rules and principles of the ofthe Fund.