GRANT AGREEMENT between The Royal Norwegian Ministry of Foreign Affairs Hereinafter referred to as the "NMFA" and The Ministry of Finance of the Republic of Latvia, hereinafter referred to as the "Focal Point", representing the Republic of Latvia, hereinafter referred to as the "Beneficiary State" together hereinafter referred to as the "Parties" for the financing of the "Seed Money Facility" hereinafter referred to as the "Fund"

8. pants

Spēkā · redakcija pārbaudīta 2026-05-17

If the Intermediary is a

private entity and the Focal Point shows that it has and is

taking appropriate measures to recover the funds from the

Intermediary, the NMFA can decide to give the Focal Point up to

one year to reimburse the requested funds. In such a case, the

NMFA can also decide to contribute up to 50% of reasonable legal

fees related to the recovery of the funds from the

Intermediary.