Feasibility Phase definition
Examples of Feasibility Phase in a sentence
Subject to the qualifications below, the goal of the Feasibility Phase is for Nanosys to [*** Redacted].
Upon the completion of the Feasibility Phase, In-Q-Tel will assess the results of the Feasibility Phase and the applicability of the program to its and the CIA's needs and interests.
In-Q-Tel further understands that the purpose of the Deliverable for the Feasibility Phase is to demonstrate that a functional [*** Redacted] has been achieved on which to measure the initial baseline performance of this technology, and the platform will be used to identify [*** Redacted] improvements during the development of the breadboard device.
The Feasibility Phase must be satisfactorily completed and a Notice to Proceed obtained from In-Q-Tel before proceeding to the Breadboard Phase.
Subject to the rights to terminate the Development Agreement and not proceed from the Feasibility Phase to the Breadboard Phase, the total fee for the Deliverables and Services for both Phases of the program to be provided under this Agreement is [*** Redacted].