5. Article
Associated Expenses
Associated Expenses shall be:
(i) costs connected to
consultants, including legal advisers (for the avoidance of
doubt, excluding litigation costs) in connection with
Operations;
(ii) costs connected to the
conduct of any tenders or calls for expression of interest
necessary in connection with the compliance with the Task;
(iii) costs arising in connection
with secondment of personnel from the Responsible Authority, or
from other entities approved by the latter, to EIF, in accordance
with a separate agreement to be entered into between EIF and the
Responsible Authority, and other entities if applicable;
(iv) costs incurred for
translation of any documents which, in accordance with the
Funding Agreement, have to be provided in the Latvian
language;
(v) costs arising in connection
with the termination of the Funding Agreement, and with the
transfer of any JEREMIE Funds, Operational Agreements and/or
Co-Investment Agreements and JEREMIE Assets and Liabilities to
the Government of Latvia or any entity appointed for the
administration of the funds for the JEREMIE activities, under
Article 15.7(ii) and 15.9 of the Funding Agreement and up to the
amount provided therein;
(vi) costs incurred for the
establishment, maintenance and administration of the bank
accounts provided for under the Funding Agreement;
(vii) costs connected to the
external audit of the JEREMIE Holding Fund;
(viii) costs incurred for the
publicity, marketing and campaigning of JEREMIE in Latvia;
(ix) litigation costs in the
meaning of Article 33 of the Latvian Civil Procedure Code
connected to litigation arising in relation with Operations,
excluding (i) any litigation costs incurred in litigation between
the Parties to this Funding Agreement, and (ii) any amounts
payable by EIF or by the JEREMIE Holding Fund to any third party
pursuant to any court resolution or judgement.
(x) Costs for the Capability Audit
provided for under Appendix G of the Funding Agreement.
(xi) other costs, necessary for
the compliance with the Task, to be defined as Associated
Expenses and mutually agreed by EIF and the Responsible Authority
from time to time.
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