Is it possible to have a transfer period to migrate data from an old project to a new one?

Q: Is it possible to have a transfer period to migrate data from an old project to a new one?
Both, the old and the new projects are hosted by the same HPC center.

A: The EFP will not affect the duration or validity of your existing project. The old project will end normally, after there will still be a grace period where you can fetch the data, so you should have plenty of time to copy the data.
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