First Milestone Date definition

First Milestone Date is the date that the closing sale price of the Company's Common Stock has been at least $0.18 per share (as adjusted for stock splits, dividends and the like) for a period of ten consecutive trading days; (ii) the "Second Milestone Date" is the date that the closing sale price of the Company's Common Stock has been at least $0.25 per share (as adjusted for stock splits, dividends and the like) for a period of ten consecutive trading days, (iii) the "Third Milestone Date" is the date that the closing sale price of the Company's Common Stock has been at least $0.40 per share (as adjusted for stock splits, dividends and the like) for a period of ten consecutive trading days, and (iv) the "Fourth Milestone Date" is the date that the closing sale price of the Company's Common Stock has been at least $0.50 per share (as adjusted for stock splits, dividends and the like) for a period of ten consecutive trading days. Notwithstanding the foregoing, this option shall be exercisable with respect to all shares, whether or not previously exercisable, on and after the fifth anniversary date. The right of exercise provided herein shall be cumulative so that if the option is not exercised to the maximum extent permissible during any such period it shall be exercisable, in whole or in part, with respect to all shares not so purchased at any time during any subsequent period prior until the expiration or termination of this option. This option may not be exercised at any time after the tenth anniversary date.
First Milestone Date as defined in Section 2.7.2. “First Milestone Payment” as defined in Section 2.7.2. “First Option Period” as defined in Section 2.7.2. “First Sale Notice” as defined in Section 2.7.2. “HSR Act” as defined in Section 6.6. “Inbound Technology” as defined in Section 3.9.5. “Inbound Technology Agreements” as defined in Section 3.9.5. “Indemnitee” as defined in Section 9.4. “Indemnitor” as defined in Section 9.4. “Inventory” as defined in Section 2.1.7. “Minimum Claim Amount” as defined in Section 9.2. “Negotiation Period” as defined in Section 6.14. “Offset Amount” as defined in Section 2.7.1. “Offset Dispute” as defined in Section 2.7.1. “Organizational Documents” as defined in Section 3.1. “Outbound Technology Agreements” as defined in Section 3.9.6. “Payment Due Date” as defined in Section 2.7.1. “Post-Closing Consideration” as defined in Section 2.7.1. “Prepaid Expenses” as defined in Section 2.1.8. “Purchased Assets” as defined in Section 2.1. “Purchase Price Allocation Schedule” as defined in Section 2.6. “Permits” as defined in Section 2.1.5. “Restrictive Covenants” as defined in Section 6.10.2. “Retained Claims” as defined in Section 2.4.4. “Second Milestone Date” as defined in Section 2.7.2. “Second Option Period” as defined in Section 2.7.2. “Second Sale Notice” as defined in Section 2.7.2. “Seller” as defined in the preamble to this Agreement. “Seller Fundamental Representations” as defined in Section 9.1. “Seller Indemnified Parties” as defined in Section 9.3. “Seller Inventory Trademarks” as defined in Section 6.13. “Soothe® Terms” as defined in Section 6.14. “Third Party Negotiation Period” as defined in Section 6.14. “Third Party Sale” as defined in Section 6.14. “Trademarks” as defined in Section 3.10.2. “Transfer Taxes” as defined in Section 6.5.
First Milestone Date means the date that is 45 days after the Petition Date.” (c) The definition ofThird Milestone Date” appearing in the DIP Credit Agreement is amended and restated in its entirety to read as follows:

Examples of First Milestone Date in a sentence

  • Trikon shall deliver, on or prior to the First Milestone Date, a Trikon Transport Module within Aviza’s Scotts Valley site.

  • The first milestone is the receipt of RAC’s first sales order for Bisantrene in a first Named Patient Program (“NPP”) country by 30 September 2017 (First Milestone Date).

  • Synopsys International shall notify the Seller Agents in writing of his determination not more than ten business days after each of the First Milestone Date, Second Milestone Date and Third Milestone Date.

  • Grantees that believe they may not be able to expend twenty-five percent (25%) of the funds by the First Milestone Date should seek an extension from MHC, which must be requested prior to the First Milestone Date.

  • If and only if the Company or another Parent Affiliated Party successfully achieves, on or before the First Milestone Date, Tapeout of the Milestone Product, as determined by Parent in good faith, then Parent shall deliver to the Milestone Bonus Payees an aggregate number of shares of Parent Common Stock equal to the Milestone Share Payment (the “First Milestone Bonus Payment”).


More Definitions of First Milestone Date

First Milestone Date. First Milestone Date" shall have the meaning specified in Section 4.1 of the Escrow Agreement.
First Milestone Date means the date of the achievement of the First Milestone.
First Milestone Date means the date that is 30 days after the Petition Date. "Fiscal Month" means any of the monthly accounting periods of the Borrower.
First Milestone Date has the meaning set out in Article 30.6.1(a);
First Milestone Date shall have the meaning set forth in Section 22.6 hereof.
First Milestone Date means July 1, 2002. Landlord shall file with the appropriate Governmental Authority the Building Plans for the Lexington Avenue Building, the Bridge Building and the Third Avenue Building as a single building.
First Milestone Date has the meaning set forth in Section 10.1(c).