Grant Agreement
From Bilat-Wiki
A contract concluded between the European Commission (representing the European Union) and the beneficiary (or beneficiaries) under which the parties receive the rights and obligations (e.g. the right of the Union's financial contribution and the obligation to carry out the research and development work). It consists of the basic text and annexes.
More general a Grant Agreement is a contract specifying terms and obligations of beneficiaries in a project.
(abbreviation: GA)
