Performance Payments. Within [**] of achieving each of the research milestones listed below, Genentech shall pay to Lexicon the following amounts: [**]
Performance Payments. Within 30 days following the date that the Facility achieves the Performance Thresholds set forth on Exhibit G attached hereto, the Buyer shall pay to Seller, as provided in Section 2.2, amounts equal to the applicable Performance Payment set forth on Exhibit G attached hereto.
Performance Payments. The Enterprises shall pay Performance Payments to Developer commencing on the Performance Payment Start Date, as calculated in accordance with Part 2 of Schedule 6 (Performance Mechanism). All Performance Payments made from the Performance Payment Start Date through the Milestone Completion Date for Milestone 5B (collectively, the “Banked MPP”) shall be deposited by the Enterprises in a restricted account or subaccount held by the Collateral Agent under the Financing Documents (the “5A Blocked Account”). Except (a) to the extent permitted by Section 27.3 (including as a result of any foreclosure or other enforcement of any security interest that Developer is permitted to grant or create pursuant to Section 27.3 or the occurrence of any Insolvency Event or similar event with respect to the Developer) or (b) upon the exercise of a termination right under this Agreement, the Developer shall not draw on or otherwise access the Banked MPP held in the 5A Blocked Account prior to achieving the Milestone Completion Date for Milestone 5B. Upon achieving Milestone Completion with respect to Milestone 5B (as evidenced by the issuance of a Milestone Completion Certificate for Milestone 5B), Developer shall be entitled to unrestricted access to the Banked MPP held in the 5A Blocked Account. Following Milestone Completion with respect to Milestone 5B, the Enterprises shall deposit the Performance Payments to such account as may be designated by the Developer in the relevant Payment Request or by the Collateral Agent pursuant to the Lenders Direct Agreement.
Performance Payments. Schedule 4.7 to the Agreement is hereby deleted and replaced in its entirety with Schedule 4.7 attached hereto.
Performance Payments. 9.1 The Owner shall pay to the Contract Rearer the fees set out in Clause 2 of the First Schedule of this agreement at the time and in the manner set out there.
Performance Payments. During each month of the Term, a Performance Payment will be available to Anker in an amount equal to [_ _ _ _], after giving effect to the provisions of the Third Amendment to the Coal Supply Agreement providing for quarterly adjustment of the Base Escalator. The Performance Payment available to Anker will be payable to Anker after the end of each month if Anker has fully performed its obligations for that month in accordance with the terms of the CSA and this Agreement. In any month in which Anker has not fully performed its obligations under the CSA and this Agreement, the Performance Payment otherwise available under the terms of this Agreement will be forfeited.
Performance Payments. (i) In further consideration of the performance by Provider of the Services, in the event the Company becomes Publicly Traded, the Company shall pay to Provider upon each occurrence of a Vesting Event (as defined below) Five Million United States Dollars ($5,000,000 USD) (a “Performance Payment”).
Performance Payments. G.1.2.1 Detailed procedures for performance based payments will be mutually developed and agreed to between the Contractor and the Administrative Contracting Officer. That agreement will be documented by a Contractor Performance Billing Procedure and will, as a minimum, define a procedure that identifies performance payment billings to the Contract ACRN level by each vehicle invoiced.
Performance Payments. In accordance with the contract provisions Municipality shall pay the Contractor in the following manner and at the following times, on the basis of design, build and operate price (Annex 4). TERMS OF PAYMENT (these are guidelines and can be adjusted according to the preferred performance based compensation model)
Performance Payments. Of the amount listed above, less the transition incentive, 10% shall be set aside for Performance Payments. All payments related to Performance Outcomes shall be made in accordance with the requirements set forth in Exhibit B, the Statement of Work, Section 5.
