Common use of Maximum financial contribution of the Union Clause in Contracts

Maximum financial contribution of the Union. The maximum financial contribution of the Union to the project shall be EUR 1,910,000 (ONE MILLION NINE HUNDRED TEN THOUSAND EURO). The actual financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement.

Maximum financial contribution of the Union. 1. The maximum financial contribution of the Union to the project shall be EUR 1,910,000 [insert amount] (ONE MILLION NINE HUNDRED TEN THOUSAND [insert amount in words] EURO). The actual financial contribution of the Union shall be calculated in accordance with the provisions of this grant agreement. 2. The financial contribution of the Union shall be in the form of a grant to the budget as specified in the table indicating the estimated breakdown of budget included in Annex I. 2 A template with minimum requirements based on the provisions in Annex II is provided by the Agency.