Common use of Progress and Financial Reports Clause in Contracts

Progress and Financial Reports. 1. The Project Partner undertakes to record the provided Project Grant to the Promoter duly and on time, i.e. to enable the Project Promoter to declare all expenditures incurred for the implementation of the Project in present or next Reporting period in Project Interim Report, or Final Project Report and submit it to the Programme Operator in line with Project Contract, in the same way, including the submission of all relevant documents, as the Project Promoter is obliged to report it to the Programme Operator according to the Project Contract, except for filling in the Project Interim Report, or Final Project Report. 2. The Project Partner is obliged to provide to the Project Promoter as well as to the Programme Operator, if required, all information and necessary cooperation during verification of the Project Interim Report, or Final Project Report, as far as the Project Outputs realized in the respective Reporting period by the Partner are concerned, within the deadlines and according to the reporting forms set by the Project Promoter. 3. Upon request of the Project Promoter, the Project Partner shall prepare and submit all necessary information stipulated in this Article to the Project Promoter, within 15 working days after receiving the particular request.

Progress and Financial Reports. 1. The Each Project Partner undertakes to record the provided Project Grant to the Promoter duly and on time, i.e. to enable the Project Promoter to declare all expenditures incurred for the implementation of the Project in present or next Reporting period in Project Interim Report, or Final Project Report and submit it to the Programme Operator in line with Project Contract, in the same way, including the submission of all relevant documents, as the Project Promoter is obliged to report it to the Programme Operator according to the Project Contract, except for filling in the Project Interim Report, or Final Project Report. 2. The Each Project Partner is obliged to provide to the Project Promoter as well as to the Programme Operator, if required, all information and necessary cooperation during verification of the Project Interim Report, or Final Project Report, as far as the Project Outputs realized in the respective Reporting period by the each Partner are concerned, within the deadlines and according to the reporting forms set by the Project Promoter. 3. Upon request of the Project Promoter, the each Project Partner shall prepare and submit all necessary information stipulated in this Article to the Project Promoter, within 15 working days after receiving the particular request.