Common use of Grant Payment Clause in Contracts

Grant Payment. 5.1 The Grant shall be paid to the Grantee under conditions set forth in Section 5.2 hereof in 2 installments as follows: • the 1st installment in the amount of €3,044.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund, • the 2nd installment in the amount of €760.00 within 30 working days after the delivery of the Final Report and Financial Statement by the Grantee to the Fund according to Article 7 hereof (the “Final Installment”). 5.2 The Grantee shall be entitled to a Final Installment of the Grant solely upon the approval of the Fund provided (i) the relevant Final Report and Financial Statement relating to the particular installment was delivered by the Grantee to the Fund within the periods stated in the Calendar of Events and (ii) such report is approved by the Fund pursuant to Article 7 hereof. 5.3 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 principles of the Fund mentioned in 5.4 or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 5.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the rules and principles of the Fund which are applied by the Fund for the organization and treatment with the grants 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. 5.1 The Grant shall be paid to the Grantee under conditions set forth in Section 5.2 hereof in 2 installments as follows: • : 1. the 1st installment in the amount of €3,044.00 EUR 10,400.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund, • , 2. the 2nd installment in the amount of €760.00 EUR 2,600.00 within 30 working days after the delivery of the Final Report, Financial Report and Financial Statement Audit Report by the Grantee to the Fund according to Article 7 hereof (the “"Final Installment”"). 5.2 The Grantee shall be entitled to a Final Installment of the Grant solely upon the approval of the Fund provided (i) the relevant Final Report and Financial Statement reports relating to the particular installment was were delivered by the Grantee to the Fund within the periods stated in the Calendar of Events as specified in Attachment No. 3 hereto and and (ii) such report is reports were approved by the Fund pursuant to Article 7 hereof. 5.3 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 principles of the Fund mentioned in 5.4 or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 5.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the rules and principles of the Fund which are applied by the Fund for the organization and treatment with the grants 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. 5.1 The Grant shall be paid to the Grantee under conditions set forth in Section 5.2 hereof in 2 installments as follows: • : 1. the 1st installment in the amount of €3,044.00 EUR 4,736.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund, • , 2. the 2nd installment in the amount of €760.00 EUR 1,184.00 within 30 working days after the delivery of the Final Report and Financial Statement Settlement by the Grantee to the Fund according to Article 7 hereof (the “Final Installment”). 5.2 The Grantee shall be entitled to a Final Installment of the Grant solely upon the approval of the Fund provided (i) the relevant Final Report and Financial Statement Settlement relating to the particular installment was delivered by the Grantee to the Fund within the periods stated in the Calendar of Events and (ii) such report is approved by the Fund pursuant to Article 7 hereof. 5.3 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 principles of the Fund mentioned in 5.4 or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 5.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the rules and principles of the Fund which are applied by the Fund for the organization and treatment with the grants 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. 5.1 The Grant shall be paid to the Grantee under conditions set forth in Section 5.2 hereof in 2 installments as follows: • : 1. the 1st installment in the amount of €3,044.00 EUR 4,800.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund, • , 2. the 2nd installment in the amount of €760.00 EUR 1,200.00 within 30 working days after the delivery of the Final Report and Financial Statement Settlement by the Grantee to the Fund according to Article 7 hereof (the “Final Installment”). 5.2 The Grantee shall be entitled to a Final Installment of the Grant solely upon the approval of the Fund provided (i) the relevant Final Report and Financial Statement Settlement relating to the particular installment was delivered by the Grantee to the Fund within the periods stated in the Calendar of Events and (ii) such report is approved by the Fund pursuant to Article 7 hereof. 5.3 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 principles of the Fund mentioned in 5.4 or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 5.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the rules and principles of the Fund which are applied by the Fund for the organization and treatment with the grants 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. 5.1 The Grant shall be paid to the Grantee under conditions set forth in Section 5.2 hereof in hereofin 2 installments as follows: • the 1st installment in the amount of €3,044.00 of€4,800.00 within 15 working days after the delivery of the valid and effective Contract Centraci by the Grantee to the Fund, • the 2nd installment in the amount of €760.00 1,200.00 within 30 working days after the delivery of the Final Report and Financial Statement Settlement by the Grantee to the Fund according to Article 7 hereof (the “"Final Installment”lnstallment"). 5.2 The Grantee shall be entitled to a Final Fina! Installment of the ofthe Grant solely upon the approval of the ofthe Fund provided (i) the relevant Final Fina! Report and Financial Statement Settlement relating to the particular installment was delivered by the Grantee to the Fund within the periods stated in the Calendar of Events ofEvents and (ii) such report is approved by the Fund pursuant to Article 7 hereof. 5.3 The Fund reserves the right to deny the disbursement of the ofthe Grant or any part of it ofit in case the Grantee does not comply either with the rules and principles of the ofthe Fund mentioned in 5.4 or the provisions of the ofthe present Contract. In such case the Grantee shall not be entitled to any disbursement. 5.4 The Grantee declares that prior to the signing of this ofthis Contract they made themselves familiar with the rules and principles of the ofthe Fund which are applied by the Fund for the organization and treatment with the grants 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. 5.1 The Grant shall be paid to the Grantee under conditions set forth in Section 5.2 hereof in 2 installments as follows: • : 1. the 1st installment in the amount of €3,044.00 EUR 2,565.00 within 15 working days after the delivery of the valid and effective Contract by the Grantee to the Fund, • , 2. the 2nd installment in the amount of €760.00 EUR 642.00 within 30 working days after the delivery of the Final Report and Financial Statement Settlement by the Grantee to the Fund according to Article 7 hereof (the “Final Installment”). 5.2 The Grantee shall be entitled to a Final Installment of the Grant solely upon the approval of the Fund provided (i) the relevant Final Report and Financial Statement Settlement relating to the particular installment was delivered by the Grantee to the Fund within the periods stated in the Calendar of Events and (ii) such report is approved by the Fund pursuant to Article 7 hereof. 5.3 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 principles of the Fund mentioned in 5.4 or the provisions of the present Contract. In such case the Grantee shall not be entitled to any disbursement. 5.4 The Grantee declares that prior to the signing of this Contract they made themselves familiar with the rules and principles of the Fund which are applied by the Fund for the organization and treatment with the grants 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.