Common use of Key Milestones Clause in Contracts

Key Milestones. The monitoring of the project is tied to Key Milestones defined for the purposes of allowing Bpifrance to assess the progress of the Project and determine the Funding to be paid under the conditions and according to the arrangements defined below. The Key Milestones are listed with their projected dates in table 3 to Schedule 1 hereto. These meetings bring together departmental experts, and, unless there is formal opposition by the Beneficiary, the labeling leader’s business development cluster if the Project is labeled by a cluster (pôle). The Leader forwards to Bpifrance, no later than [**] working days after the scheduled date for each Key Milestone: • the signed progress report, in the manner set out in Schedule 2, including the key deliverables required in accordance with the specifications of table 3 of Schedule 1 hereto. • the consolidated statements of expenses paid by each Beneficiary, dated, signed and certified correct, in accordance with the provisions of Article 2.3 paragraph 3. These summaries should allow Bpifrance to provide the materiel and financial resources necessary for implementation of the Project. These may be supplemented, where appropriate and at Bpifrance’s request, by the provision of the related invoices or accounting documents, • proof of fulfillment of the specific conditions in accordance with the provisions of Article 1.4 above, • the “indicators” form, appearing in Schedule 5, completed and signed by the legal representative of each Beneficiary. • and more generally any element allowing Bpifrance to be sure that the conditions external or internal to the project’s success are indeed met. At the end of a Key Milestone, the Leader may submit changes to the work and/or the subject of the program. The provisions of Article 2.6 will then be applied.