REPORTING AND PAYMENT ARRANGEMENTS. The following reporting and payment provisions shall apply: I.4.1 Payments to be made The NA must make the following payments to the coordinator: - a first pre-financing payment; - one payment of the balance, on the basis of the request for payment of the balance referred to in Article I.4.4. I.4.2 Pre-financing payment[s] The aim of the pre-financing is to provide the beneficiaries with a float. The pre-financing remains the property of the NA until the payment of the balance. [NA to choose between the following options. Option 1: One pre-financing payment in one instalment
Appears in 1 contract
Sources: Grant Agreement
REPORTING AND PAYMENT ARRANGEMENTS. The following reporting and payment provisions shall apply:
I.4.1 Payments to be made The NA must make the following payments to the coordinator: - a first pre-financing payment; - (a) further pre-financing payment(s), on the basis of the request for further pre-financing payment referred to in Article I.4.3; - one payment of the balance, on the basis of the request for payment of the balance referred to in Article I.4.4.
I.4.2 PreFirst pre-financing payment[s] payment The aim of the pre-financing is to provide the beneficiaries with a float. The pre-financing remains the property of the NA until the payment of the balance. [NA to choose between the following options.
Option 1: One pre-financing payment in one instalment
Appears in 1 contract
Sources: Grant Agreement
REPORTING AND PAYMENT ARRANGEMENTS. The following reporting and payment provisions shall apply:
I.4.1 Payments to be made The NA must make the following payments to the coordinator: - a first pre-financing payment; - a further pre-financing payment, on the basis of the request for further pre-financing payment/payments referred to in Article I.4.3; - one payment of the balance, on the basis of the request for payment of the balance referred to in Article I.4.4.
I.4.2 Pre-financing payment[s] The aim of the pre-financing is to provide the beneficiaries with a float. The pre-financing remains the property of the NA until the payment of the balance. [NA to choose between the following options.
Option 1: One pre-financing payment in one instalment
Appears in 1 contract
Sources: Grant Agreement
REPORTING AND PAYMENT ARRANGEMENTS. The following reporting and payment provisions provisions2 shall apply:
I.4.1 Payments to be made The NA must make the following payments to the coordinator: - a first pre-financing payment; - (a) further pre-financing payment(s), on the basis of the request for further pre-financing payment referred to in Article I.4.3; - one payment of the balance, on the basis of the request for payment of the balance referred to in Article I.4.4.
I.4.2 PreFirst pre-financing payment[s] payment The aim of the pre-financing is to provide the beneficiaries with a float. The pre-financing remains the property of the NA until the payment of the balance. [NA to choose between the following options.
Option 1: One pre-financing payment in one instalment
Appears in 1 contract
Sources: Grant Agreement