Milestone A definition

Milestone A means the completion of a successful first well (which will be deemed to occur on the running of pipe) on the Lease;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Milestone A shall be deemed to have been achieved upon occurrence of the Transition Date in respect of all the countries set forth on Schedule 9.1.1.2 (as determined by the Transition Managers or in accordance with Section 15.1) and “Milestone B” shall be deemed to have been achieved upon occurrence of the Transition Date in respect of all the countries set forth on Schedule 9.1.1.3 (as determined by the Transition Managers or in accordance with Section 15.1).

Milestone A means Borrower has received Net Proceeds in the aggregate amount of not less than Twenty Million Dollars ($20,000,000) prior to December 31, 2018.

Examples of Milestone A in a sentence

Milestone A predefined subset of the Conformance Requirements, which can be evaluated as a group.
If a second Licensed Product in the same Disease Field should reach Development Milestone C, for the second Licensed Product Genocea would pay Isconova for Development Milestone C (but not for Development Milestone A and B).
In the event that the Deliverables that are required to meet Milestone A have passed the required Concept Testing and Acceptance Testing prior to the date specified in Exhibit D therefor (such Deliverables, the "Early Deliverables"), Licensee shall pay Licensor a bonus (the "Bonus") calculated in the following manner.
Milestone: A phase or stage in the delivery of Services resulting in a measurable output.
Event Amount Milestone A: [XXX] $ [XXX ] Milestone B: [XXX] $ [XXX ] Milestone C: [XXX] $ [XXX ] Milestone D: [XXX] $ [XXX ] Milestone fees are non-refundable.
For purposes of the foregoing, each Development Milestone B through F shall be deemed a “Subsequent Milestone” for each Development Milestone A through C prior in alphabetical order in the above table (each, a “Previous Milestone”); provided that Development Milestones D, E, and F shall each be deemed Subsequent Milestones only of Development Milestones A through C.
For each day prior to the Milestone A delivery date specified in Exhibit D that Licensor provides the Early Deliverables, Licensee shall pay to Licensor $5,000, up to a maximum of $600,000.
Event Amount Milestone A: [**] $ [**] Milestone B: [**] $ [**] Milestone C: [**] $ [**] Milestone D: [**] $ [**] Milestone fees are non-refundable.
Milestone A: (a) Transition Milestone; (b) Transformation Milestone; or (c) Project Milestone, as applicable.
Milestone A date specified as such in the time schedule in a Specific Agreement on which a Deliverable must be completed or provided successfully, or on which a Service or Project phase has to be started at the latest, as the case may be.

More Definitions of Milestone A

Milestone A shall have the meaning set forth in Exhibit C to the Agreement.

Milestone A means the achievement of $70.0 million of Net Revenue for any Eligible Calendar Year for such Milestone.

Milestone A means the achievement of $70.0 million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestone B” means the achievement of $[***] million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestone C” means the achievement of $[***] million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestone D” means the achievement of $[***] million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestone E” means the achievement of $[***] million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestone F” means the achievement of $250.0 million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestones” means Milestone A, Milestone B, Milestone C, Milestone D, Milestone E and Milestone F. “Net Revenue” means the gross amounts invoiced for sales by or on behalf of Buyer and its Affiliates and its and their licensees and sublicensees (each such Person, a “Selling Person”) for sales of the Product to third parties in bona fide, arm’s length transactions, less the following to the extent actually incurred, allowed, paid, accrued, specifically allocated, or included in the gross amounts invoiced with respect to such sales to third parties and not otherwise received, recovered by or reimbursed to any Selling Person: *** Pursuant to 17 CFR 240.24b-2, confidential information has been omitted in places marked “[***]” and has been filed separately with the Securities and Exchange Commission pursuant to a Confidential Treatment Application filed with the Commission.

Milestone A has the meaning set out in Section 3.6.

Milestone A means an operational milestone of the Covenant Parties mutually agreed to by Borrower and the Lenders.