7. Article

If any of the conditions justifying suspension of disbursements or reimbursement of funds under Articles 6.1.1 or 6.2.1 apply, the NMFA may instruct the Focal Point, that disbursed funds may not be used for any or all of the subprojects to which such conditions apply, and/or for management cost if the conditions relate to the role of the Intermediary. The Focal Point shall ensure that the Intermediary will act in compliance with such an instruction. Article 3.3 Transfer and Use of the Grant 1.The Focal Point shall ensure that the Paying Authority, within fifteen working days of receipt of the disbursement, transfers the disbursement to the Intermediary. The NMFA shall be notified by e-mail before the 15th of each month of the transfers made in the previous month. Such notification shall contain the amount transferred, the name of the recipient, the FMO Fund number, and the date of the transfer. 2.The Focal Point shall ensure that the Intermediary will establish two accounts, one for management costs and one for re-granting. Article 3.4 Increased cost If the cost of the management of the Fund should exceed the management cost stipulated in Article 2 paragraph 5 of the Grant Agreement, the Focal Point shall ensure that the Intermediary obtains or provides any such additional funds so as to ensure the full implementation of the Fund. Chapter 4 Obligations related to the Implementation of the FUND Article 4.1 Modification of the Fund
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