Initial Milestones definition

Initial Milestones means the milestones set forth in Section 9.2 hereof;
Initial Milestones means Shimoda's fulfillment of all of the following milestones:
Initial Milestones have the meanings set forth in Section 1(b).

Examples of Initial Milestones in a sentence

  • This JV Agreement and the JVCO may be terminated by any Party, upon the delivery of a written notice to the other Parties, in accordance with Section 13.3, (i) in the event that any of the Initial Milestones are not successfully met in the timeframes provided therein; (ii) in the event that the Initial Production Milestone is not successfully met in the timeframe provided in the Initial Business Plan; or (iii) in the event of a Force Majeure Event, in accordance with Section 13.1.

  • Training covered areas of first aid, tour guiding, hospitality management etc • Tourism related income opportunities generated for around 30 personnel through providing boat services, guiding, snorkeling, providing food, toddy tappers.

  • Within sixty (60) days after the Signing Date of this Agreement, the Development Committee shall establish a detailed Development Plan which shall include the Initial Milestones, and which shall be deemed attached hereto as Exhibit A.

  • In the event any of the Initial Milestones or the Initial Production Milestone are not met in accordance with Sections 9.2 and 9.2.1 hereof, and the Parties do not agree otherwise at the time, then each of the Parties shall have the right to terminate the JV and require the dissolution of the JVCO (if incorporated), as contemplated by Sections 10.2 and 10.2.1.

  • Borrowings under the Non-Hughes Tranche will be available upon achievement of the Initial Milestones (as described below) and will be limited by the Borrowing Base (as described below).

  • The distribution of the fixed fee shall be paid in installments based on the Project Officer's written certification regarding the completion of these milestones on the following dates: Initial Milestones for Acambis, Inc.

  • This JVI Agreement and the JVCO may be terminated by any Party, upon the delivery of a written notice to the other Parties, in accordance with Section 12.3, (i) in the event that any of the Initial Milestones are not successfully met in the timeframes provided therein; (ii) in the event that the Initial Production Milestone is not successfully met in the timeframe provided in the Initial Business Plan; or (iii) in the event of a Force Majeure Event, in accordance with Section 12.1.

  • Phase 1 includes delivery of Scope of Work until the completion of Initial Milestones outlined in Section 5.1.1. Phase 2 includes delivery of Scope of Work after the completion of Initial Milestones outlined in Section 5.1.1. Unit Price Conversion.

  • In the event any of the Initial Milestones or the Initial Production Milestone are not met in accordance with Sections 8.2 and 8.2.1 hereof, and the Parties do not agree otherwise at the time, then each of the Parties shall have the right to terminate the JV and require the dissolution of the JVCO, as contemplated by Sections 9.2 and 9.2.1.

  • Schedule: The below list consists of initial milestones identified for the program: Initial Milestones Program Design Review – Due at the end of month one of contract Program Implementation Review – Due at the end of the first quarter of contract Mid-year Evaluation – Due at the end of six months of contract Year-end Evaluation – Due at the end of year 1 of contract Acceptance Criteria: The acceptance of all deliverables resides with Sergeant Xxxxx Xxxxxxx.


More Definitions of Initial Milestones

Initial Milestones means Milestones established within sixty (60) days following the Signing Date of this Agreement and includes, without limitation, [Confidential Treatment Requested].

Related to Initial Milestones

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

  • 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.

  • 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.

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

  • Development Milestone Event has the meaning set forth in Section 7.1.

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

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

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

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

  • Milestone means an event or task described in the Implementation Plan which, if applicable, must be completed by the relevant Milestone Date;

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

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

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

  • Sales Milestone Payment is defined in Section 5.3.

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

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

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • Milestone Payments has the meaning set forth in Section 4.2.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

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

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

  • Development Schedule shall have the meaning set forth in Section 1.1.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume. “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted.

  • Timeline means the list of critical dates and actions included in the Introductory Materials.