Completion Milestone Payment definition

Completion Milestone Payment the sums payable for the Works as set out in a Payment and Price Schedule contained within the Statement of Work. "Data Protection Legislation" means 1) unless and until EU Regulation 2016/679 General Data Protection Regulation (“GDPR”) is no longer directly applicable in the UK, the GDPR, the Data Protection Act 2018 and any national implementing laws, regulations, and secondary legislation (as amended from time to time), in the UK and subsequently 2) and any legislation which succeeds the GDPR;
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Examples of Completion Milestone Payment in a sentence

  • Pursuant to the C-70 Project Agreement, a failure to perform certain obligations by the Developer may result in a Substantial Completion Deduction Amount to the Substantial Completion Milestone Payment.

  • Substantial Completion Milestone Payment Amount means the amount determined in accordance with Sections 4.1 and 4.2 of Exhibit 10 (Payment Mechanism) to the Agreement.

  • Substantial Completion Milestone Payment Adjustment means the amount determined in accordance with Sections 4.1 and 4.2 of Exhibit 10 (Payment Mechanism) to the Agreement.

  • Performance-based Payment DeductionsThe Substantial Completion Milestone Payment and all performance payments will be subject to monetary deductions for the Developer’s failure to meet: 1) quality or service requirements (“Noncompliance Events”), and 2) unexcused lane closures (“Closures”).

  • Following approval by the FDA of Lifitegrast under the brand name Xiidra, Fortis alleged that the former SARcode stockholders were now due the Base Case Approval Milestone Payment in addition to the previously earned OPUS-2 Successful Completion Milestone Payment.

  • The Substantial Completion Milestone Payment Amount will be adjusted in accordance with Section 4.2 below.

  • Merger Agreement § 9.1(a).Shire, on the other hand, argues that the Achievement Date has not occurred, which forecloses Fortis from claiming that either the OPUS-2 Successful Completion Milestone Payment or the Base Case Approval Milestone Payment are due.14 Under Shire’s construction of the definition of Achievement Date, the clinical data must demonstrate that both sign and symptom co-primary efficacy endpoints were achieved in a specific clinical trial, the OPUS-2 Study.

  • Fortis alleges that it is currently due the OPUS-2 Successful Completion Milestone Payment and the Base Case Approval Milestone Payment.As noted, all of the Base Case Milestones are contingent upon the occurrence of the Achievement Date.

  • Shire responded to Fortis’ inquiry regarding the OPUS-2 Successful Completion Milestone Payment on November 12, 2015, stating that none of the Base Case Milestones had been met (or ever would be met) because the Achievement Date had not occurred given that the OPUS-2 Study had failed to meet the sign co-primary endpoint.In February 2016, Shire refiled its NDA with the FDA and included the OPUS-3 Study data in its application.

  • Once that occurred, Fortis argues it was due the OPUS-2 Successful Completion Milestone Payment.

Related to Completion Milestone Payment

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

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

  • 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.

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

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

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • 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.

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

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.