Space Law TOP
Contents Intoroduction Preliminaries Chapter 1 Chapter 2
Chapter 3 Chapter 4 Appendix Index

Article 10 - Financial Arrangements


Each Party will bear the costs of fulfilling its responsibilities, including but not limited to costs of compensation, travel and subsistence of its own personnel and transportation of all equipment and other items for which it is responsible under this Agreement, except as provided for in contractual or other arrangements between the Parties.


The financial obligations of each Party pursuant to this Agreement are subject to its funding procedures and the availability of appropriated funds. Recognizing the importance of Space Station cooperation, each Party undertakes to make its best efforts to obtain approval for the funds to meet those obligations, consistent with its respective funding procedures.


In the event that funding problems arise that may affect a Party's ability to fulfill its responsibilities under this Agreement, that Party will promptly notify and consult with the other Party.


The Parties will seek to minimize the exchange of funds while carrying out their respective responsibilities in this cooperative program, including, if they agree, through the use of barter, that is, the provision of goods or services.

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