Billing Milestone definition

Billing Milestone means a pre-determined point for billing to be authorized subject to specific criteria being met.
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Billing Milestone or “BM” means a billing milestone in the Billing Schedule.
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Billing Milestone means the pre-determined points for billing to be authorised subject to specific criteria being met. The Billing Milestones and their corresponding criteria are listed in the Billing Schedule.
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Examples of Billing Milestone in a sentence

  • The Consultant shall be compensated for each Billing Milestone or Task described in Paragraph I for the fixed fee set forth for each task in Exhibit B.

  • It establishes the mutually agreed management objectives for the protected area and sets out a plan of action to achieve the objectives.

  • Reporting Requirements The Manager may report information about Unitholders to HMRC in compliance with its domestic (and any overseas) obligations relating to Automatic Exchange of Information Agreements for FATCA and the CRS and DAC 6 which are described above under theKHDGLQJV F³F)RXUQHWL J7QD [$ &RPSOLDQFH $FW µ)$7&$¶ DQG DJUHHPHQWV´2 2.2LDQQ G6 H³F'W$L&R Q ´2 2.3L.

  • The Network shall be accepted as a whole in accordance with Part 4 (Technical Specification) and the Billing Milestone criteria for Network Acceptance as detailed in Part 3 (Billing Schedule).

  • Payment shall be made in accordance with the Deliverables and Billing Milestone schedules identified in Attachments F and G.

  • The basic contractual mechanism is the Guarantee Against Payment (GAP), meaning that for every Billing Milestone (BM) paid by the consortium, the supplier provides a financial guarantee for the same amount.

  • Once the activities and deliverables described in the following Work and Billing Milestone Deliverable sections are successfully provided, completed and accepted, the scope of this project will end except for ongoing warranty obligations and ongoing maintenance and support services as set forth in the Contract for Vendor Products and services and in particular Exhibit B of that contract with respect to the required maintenance and support services.

  • Homes served by a private sewer systems sewage disposal system shall be in compliance with discharge restrictions identified at 567—Chapter 69 operated and maintained to ensure the system is properly treating the wastewater and not creating an unsanitary condition in the environment.

  • Each Segment shall be accepted as a whole in accordance with Part 4 (Technical Specification) and the Billing Milestone criteria for Provisional Acceptance as detailed in Part 3 (Billing Schedule).


More Definitions of Billing Milestone

Billing Milestone means a clearly defined set of incremental services that must be performed; or an interim level of accomplishment that must be met by Provider in order to receive periodic incremental and final reimbursement for services under this Contract.
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Related to Billing Milestone

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Milestone Event has the meaning set forth in Section 8.4.

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Development Milestone Event shall have the meaning set forth in Section 9.2(a).

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;

  • Milestone Events has the meaning set forth in Section 3.3 (Milestone Payments).

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Milestone Schedule means Seller’s milestone schedule, the form of which is attached to this Agreement as Exhibit Q.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Final Completion Date means the date on which Final Completion occurs.

  • Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • AHYDO Catch-Up Payment means any payment, including payments made on subordinated debt obligations, in each case to the extent such payment is necessary to avoid the application of Section 163(e)(5) of the Code.