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Article 2 Additional Provisions Concerning the Financial Contribution of the Russian Federation

Article 2
Additional Provisions Concerning the Financial Contribution of the Russian Federation

 

2.1 The financial contribution of the Russian Federation shall be used for the financing of the projects and technical assistance in accordance with the provisions of the Joint Operational Programme.

2.2 The Managing Authority shall submit to the Russian National Authority annually a payment request based on the Joint Operational Programme's financial table. The Russian National Authority shall instruct EBRD to transfer the annual payment to the Managing Authority within 90 days from the date of receipt of the payment request by the Russian National Authority.

2.3 Article 8 of the Agreement (Special Conditions) may contain specific provisions concerning the financial contributions of the Parties.