Common use of Payment and Reporting Timetable Clause in Contracts

Payment and Reporting Timetable. Subject to the conditions outlines in Part 1 of the Grant Agreement, the timetable for grant payments and reports will be as follows: Part 1 of this Agreement Signed Part 1 of this Agreement Within 30 working days of receiving this Agreement Schedule C – Project Measures - Research Projected Outcomes Within 30 working days of receiving this Agreement Payment 1 «Payment_No_1» Payment is subject to: 1. Receipt of signed Part 1 of the Agreement 2. Approval of Schedule C – Project Measures – Research (see note 2 below) 3. Submission of a Tax Invoice (see note 3 below) Once the 3 conditions above have been met, your payment will be made within another 10 working days Report 1 Progress Report plus updated Schedule C – Project Measures - Research «ProgRepDueDate1» Payment 2 «Payment_No_2» 10 working days after receipt of satisfactory Report 1 (see note 4 below) Report 2 Progress Report plus updated Schedule C – Project Measures - Research «ProgRepDueDate2» Payment 3 «Payment_No_3» 10 working days after receipt of satisfactory Report 2 (see note 4 below) Report 3 Final Project Report plus updated Schedule C – Project Measures - Research «FinalRepDueDate»

Payment and Reporting Timetable. Subject to the conditions outlines outlined in Part 1 of the Grant Agreement, the timetable for grant payments and reports will be as follows: Part 1 of this Agreement Signed Part 1 of this Agreement Within 30 working days of receiving this Agreement Schedule C – Project Measures - Research Projected Outcomes outcomes Within 30 working days of receiving this Agreement M&E Plan Monitoring and Evaluation Plan Within 30 working days of receiving this Agreement Payment 1 «Payment_No_1» Payment is subject to: 1. Receipt of signed Part 1 of the Agreement 2. Approval of both Schedule C – - Project Measures – Research and the M&E Plan (see note 2 below) 3. Submission of a Tax Invoice (see note 3 below) Once the 3 conditions above have been met, your payment will be made within another 10 working days Report 1 Progress Report plus updated Schedule C – Project Measures - Research «ProgRepDueDate1» Payment 2 «Payment_No_2» 10 working days after receipt of satisfactory Report 1 (see note 4 below) Report 2 Progress Report plus updated Schedule C – Project Measures - Research «ProgRepDueDate2» Payment 3 «Payment_No_3» 10 working days after receipt of satisfactory Report 2 (see note 4 below) Report 3 Final Project Report plus updated Schedule C – Project Measures - Research «FinalRepDueDate»