Common use of Request for payments Clause in Contracts

Request for payments. reporting 1. The project partners are aware that expenditures incurred by implementing project activities are reimbursed retrospectively. Therefore, each project partner shall apply relevant measures to maintain a sufficient level of financial liquidity to cover the project-related expenditures. 2. The project partners are entitled to request payments by following the reporting procedures defined in the Programme Manual. 3. The lead partner and project partners shall report via BAMOS+. Each project partner shall respect the terms and conditions for the use of BAMOS+. In particular, each project partner shall warrant that any person acting on its behalf as a user with read, write and submit rights is employed by the project partner and at all times duly authorised to represent the project partner in relation to all project partner responsibilities in BAMOS+ and to submit data and documents via BAMOS+ on behalf of the project partner organisation. 4. The following submission dates apply for each project partner to enable the lead partner to meet the deadlines for submission of progress reports according to Article 4(2) of the subsidy contract: Period 1 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx Period 2 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx Period 3 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx Period 4 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx Period 5 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx Period 6 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx 5. If a project partner ascertains it will be behind schedule with its contribution to the progress report as defined in Article 4(2) of the subsidy contract, it shall immediately inform the lead partner. The project partner must not submit such information later than the actual deadline for submission of the given partner report. The project partner concerned and the lead partner, supported by the other parties to this agreement, shall collectively sort out the problem causative for the default. If necessary, the lead partner shall submit a request for postponement of the submission deadline of the progress report to the ▇▇.▇▇. 6. If a project partner does not comply with the requirement to inform the lead partner, does not sort out any problem causative for the default, is responsible for not meeting a deadline, or the ▇▇.▇▇ does not approve a postponement of the submission deadline, the lead partner shall be entitled to exclude the partner report from the progress report the lead partner is obliged to submit to the ▇▇.▇▇ according to the subsidy contract. 7. Each project partner must provide additional information if the lead partner or the ▇▇.▇▇ ▇▇▇▇ that necessary. If the ▇▇.▇▇ asked for further information the lead partner shall collect and send it within the time frame demanded by the ▇▇.▇▇. 8. Similar to the right of the ▇▇.▇▇ as laid down in Article 4(3) of the subsidy contract, the lead partner reserves the right not to accept – in part or in full – reported expenditure if – due to the results of the lead partner’s checks and/or controls or audits performed by another authority– the validation or the facts stated therein prove to be incorrect or if the underlying activities or expenditure are not in line with the body of rules and regulations as set out in Article 1 of the subsidy contract. 9. The lead partner shall redistribute the co-financing paid to its account between the relevant project partners. The lead partner shall not make any deduction or retention or levy further specific charges that would reduce the amount claimed by a project partner in accordance with these rules. Project partners whose currency is other than Euro shall bear any exchange rate risk.‌

Request for payments. reporting 1. The project partners are aware that expenditures incurred by implementing project activities are reimbursed retrospectively. Therefore, each project partner shall apply relevant measures to maintain a sufficient level of financial liquidity to cover the project-related expenditures. 2. The project partners are entitled to request payments by following the reporting procedures defined in the Programme Manual. 3. The lead partner and project partners shall report via BAMOS+. Each project partner shall respect the terms and conditions for the use of BAMOS+. In particular, each project partner shall warrant that any person acting on its behalf as a user with read, write and submit rights is employed by the project partner and at all times duly authorised to represent the project partner in relation to all project partner responsibilities in BAMOS+ and to submit data and documents via BAMOS+ on behalf of the project partner organisation. 4. The following submission dates apply for each project partner to enable the lead partner to meet the deadlines for submission of progress reports according to Article 4(2) of the subsidy contract: Period 1 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx Period 2 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx Period 3 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx Period 4 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx Period 5 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx Period 6 xx/xx/xxxx xx/xx/xxxx xx/xx/xxxx xxxx 5. If a project partner ascertains it will be behind schedule with its contribution to the progress report as defined in Article 4(2) of the subsidy contract, it shall immediately inform the lead partner. The project partner must not submit such information later than the actual deadline for submission of the given partner report. The project partner concerned and the lead partner, supported by the other parties to this agreement, shall collectively sort out the problem causative for the default. If necessary, the lead partner shall submit a request for postponement of the submission deadline of the progress report to the ▇▇.▇▇. 6. If a project partner does not comply with the requirement to inform the lead partner, does not sort out any problem causative for the default, is responsible for not meeting a deadline, or the ▇▇.▇▇ does not approve a postponement of the submission deadline, the lead partner shall be entitled to exclude the partner report from the progress report the lead partner is obliged to submit to the ▇▇.▇▇ according to the subsidy contract. 7. Each project partner must provide additional information if the lead partner or the ▇▇.▇▇ ▇▇▇▇ that necessary. If the ▇▇.▇▇ asked for further information the lead partner shall collect and send it within the time frame demanded by the ▇▇.▇▇. 8. Similar to the right of the ▇▇.▇▇ as laid down in Article 4(3) of the subsidy contract, the lead partner reserves the right not to accept – in part or in full – reported expenditure if – due to the results of the lead partner’s checks and/or controls or audits performed by another authority– the validation or the facts stated therein prove to be incorrect or if the underlying activities or expenditure are not in line with the body of rules and regulations as set out in Article 1 of the subsidy contract. 9. The lead partner shall redistribute the co-financing paid to its account between the relevant project partners. The lead partner shall not make any deduction or retention or levy further specific charges that would reduce the amount claimed by a project partner in accordance with these rules. Project partners whose currency is other than Euro shall bear any exchange rate risk.‌risk.