The European Commission, hereinafter referred to as "THE COMMISSION", acting for and
on behalf of the European Community, hereinafter referred to as "THE COMMUNITY"
on the one part, and
The Government of the Czech Republic, hereinafter referred to as "THE RECIPIENT"
on the other part,
HAVE AGREED AS FOLLOWS:
The measure referred to in Article 1 below shall be executed and financed out of the budget
resources of THE COMMUNITY in accordance with the provisions set out in this
Memorandum. The technical, legal, and administrative framework within which the measure
referred to in Article 1 below shall be implemented is set out in the General Conditions
annexed to the Framework Agreement of 6th August 1997 between THE COMMISSION and
THE RECIPIENT, and supplemented by the terms of this Memorandum and the Special
Provisions annexed hereto.
ARTICLE 1 - NATURE AND SUBJECT
As part of its aid programme, THE COMMUNITY shall contribute, by way of grant, towards
the financing of the following MEASURE:
CZ01.01 to CZ01.10 inclusive
2001 Phare National Programme for the Czech Republic
ARTICLE 2 - COMMITMENT OF THE COMMUNITY
The financial contribution of THE COMMUNITY is fixed at a maximum of 65,4 MEUR
hereinafter referred to as "THE EC GRANT".
ARTICLE 3 - DURATION AND EXPIRY
For the present MEASURE, THE EC GRANT is hereby available for contracting until
31/10/2003 subject to the provisions of his Memorandum. All contracts must be signed by this
date. Any balance of funds of the EC GRANT, which have not been contracted by this date
shall be cancelled. The deadline for disbursement of THE EC GRANT is 31/10/2004. All
disbursements must be completed by the deadline for disbursement. THE COMMISSION may
however, in exceptional circumstances, agree to an appropriate extension of the contracting
period or of the disbursement period, should this be requested in due time and properly
justified by THE RECIPIENT. This