What is the schedule and the size of the cascade funding payment for the third party?
When the standard agreement is signed and the project starts (KO meeting), the third party receives a prepayment of ~25% of the cascade funding. Then the major payment (~60% of the funding) follows the schedule defined in the periodic report based on milestone delivery. The rest (~15% of the cascade funding) will be paid after the final review of the project, as detailed in the periodic report.