basic actmeans, according to the relevant context, the 10th EDF Internal Agreement, Council Decision 2013/755/EU (“the Overseas Association Decision”), or Council Regulation (EC) No 617/2007 (“the Implementation Regulation”);
budgetary commitmentmeans “financial commitment”;
localityshall mean, where necessary, the equivalent to the region at NUTS 2 level when the recipient is a natural person.4.Actions financed under the EDF may be implemented with parallel or joint co-financing.In the case of parallel co-financing, an action is to be split into a number of clearly identifiable components which are each financed by the different partners providing co-financing in such a way that the end-use of the financing can always be identified.In the case of joint co-financing, the total cost of an action is to be shared between the partners providing the co-financing and the resources are to be pooled in such a way that it is no longer possible to identify the source of financing for any given activity undertaken as part of the action.
third countrymeans any beneficiary country or territory covered by the geographical scope of the EDF.