Income-Generating Activities - Action Against Hunger

Field handbook • Scientific and Technical Department
Article 4 Payment
The Contribution shall be transferred to the bank account of ”____” Bank
_________________
a)
Installment and
period
Amount in AMD
Terms and
conditions for
payment
Total
b) If it is determined that activities not foreseen in the present Agreement have
been financed by the contribution, the costs of such activities shall be deducted
from the next installment or reimbursed on demand to ACF.
Article 5 General provisions
5.1. The Project Executor undertakes to execute the present agreement with due
care and diligence.
Article 6 Annexes
Following documents attached to the present Agreement shall be deemed to
form an integral part of said Agreement thereof:
— Project Document including Budget (Annex 1)
— Agreement with _______________ (Annex 2)
Article 7 Termination
7.1 The present Agreement may be terminated at any time by each of the
parties, subject to written notice given 15 days in advance.
7.2 In the event of non-compliance, non-execution or breach by one of the
parties of the obligation binding upon it, the other party may, after written
notice, terminate the agreement with immediate effect and request
financial reimbursement based on the actual expenditures justified.
7.3 If an event resulting from force majeure (natural disaster, etc.) prevents
the execution of this agreement, either party may terminate the agreement
from the moment when it becomes impossible to carry it out.
(continuous in following page)
INCOME GENERATING ACTIVITIES: A KEY CONCEPT IN SUSTAINABLE FOOD SECURTIY
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