Major Milestone definition

Major Milestone means any of the Contractor’s obligations to deliver the Articles and/or perform the Services, as set out in the Statement of Work or time schedule in the Contract and which have been designated by the Company and the Contractor as such.
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Major Milestone shall have the meaning provided in Section 4.2(a).
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Major Milestone means a Critical Transition Milestone that carries with it a Critical Transition Milestone Credit, as identified in Schedule D-3 to the Contract.
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Examples of Major Milestone in a sentence

  • Colin Clark, “Hypersonic Weapons Face Major Milestone in August Test,” Breaking Defense, March 18, 2014.

  • Notice of any delay for any reason in the construction of the Project beyond the Major Milestone Dates.

  • Government of Norway, Major Milestone: Norway declares IOC for F-35A, November 6, 2019, https://www.regjeringen.no/en/aktuelt/major-milestone-norway-declares-ioc-for-f-35a/id2676740/, and Christopher Dennis, “US officials welcome Norway’s new F-35 capabilities in an increasingly competitive Northern Europe,” Stars and Stripes, November 27, 2019, https://www.stripes.com/news/europe/us-officials-welcome-norway-s-new-f-35- capabilities-in-an-increasingly-competitive-northern-europe-1.608872.

  • Major Milestone Role 1‌ Role 2 Role N LegendE = responsible for execution (may be shared) A = final approval for authorityC = must be consulted I = must be informed 3.4 Project Facilities and Res ourcesDescribe the project's requirements for facilities and resources, such as office space, special facilities, computer equipment, office equipment, and support tools.

  • Camiant, Camiant’s PCMM-Qualified Policy Server Marks Major Milestone; Achieves over 70% Market Penetration (Jan.

  • SCAALAR, ‘Surveying Canadians to assess the prevalence of common food allergies and attitudes towards food labelling and risk’.

  • Similarly, separate procedures will apply in relation to appeals relating to admissions, special needs assessment and exclusions.

  • Interim submittals are to be made available per request up to ninety (90) days prior to a scheduled delivery, with contracted deliveries due thirty (30) days prior to the respective Major Milestone.

  • IRS, IR-2020-107, IRS Announces Form 1040-X Electronic Filing Options Coming This Summer; Major Milestone Reached for Electronic Returns (May 28, 2020), https://www.irs.gov/newsroom/irs-announces-form-1040-x-electronic-filing-options-coming-this-summer-major-milestone-reached-for-electronic-returns.

  • Major Milestone Achieved as AAF Aircraft Commanders Are Certified and Fly First All Afghan C-208 Mission at Shindand AB,” NATO Training Mission Afghanistan Storyboard, 838th Air Expeditionary Advisory Group, 25 June 2013; and Department of Defense, Report on Progress, 76.


More Definitions of Major Milestone

Major Milestone has the meaning set forth in Exhibit B, Section 013216, Article 105.1, Table 1-1. “Major Subcontractor” means a Subcontractor providing labor, services, and/or Contractor Supplied Materials and Equipment in relation to the Work under this Agreement that has a value of Fifty Thousand Dollars ($50,000) or more.
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Major Milestone or "Major Milestones" means, collectively and individually: (i) the First Milestone; (ii) the Procurement Contract Milestone; (iii) the Construction Commencement Milestone, and (iv) the Commercial Operation Date.
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Major Milestone means, with respect to each Additional Unit, the award of the first major equipment contract, such as the definitive, evaluated bid of either a nuclear steam supply system, or a contract of equivalent significance, for each such Additional Unit.
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Related to Major Milestone

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

  • 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 Event has the meaning set forth in Section 8.4.

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

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

  • Sales Milestone Payment is defined in Section 5.3.

  • 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;

  • 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;

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

  • 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;

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

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

  • Major Market Countries means the United States, Japan, England, Germany, France, Italy and Spain.

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

  • Major Market Country means one or more of the following: Canada, France, Germany, Italy, Japan, Spain, Switzerland, United Kingdom, and United States of America.

  • 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;

  • Initial Indication means the use of a Product for the treatment of opioid addiction.

  • Phase II Clinical Study means a human clinical study of a product initiated to determine the safety and efficacy in the target patient population, as described 21 C.F.R. 312.21(b).

  • First Indication means the first disease condition for which a particular Licensed Product has been approved by a Regulatory Authority.