Milestone Amounts definition

Milestone Amounts shall have the meaning ascribed to such term in Section 4.23.
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Milestone Amounts means collectively, the First Milestone Amount, the Second Milestone Amount, the Third Milestone Amount and the Fourth Milestone Amount;
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Milestone Amounts means, collectively, the First Milestone Amount, the Second Milestone Amount and the Third Milestone Amount, and “Milestone Amount” means any one of them. 4142-8056-6326.6
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Examples of Milestone Amounts in a sentence

  • Parent shall duly and promptly deposit with the Rights Agent for payment to the Holders the Milestone Amounts in the manner provided for in Section 2.4 and in accordance with the terms of this Agreement.

  • If, by June 24, 2016, the Company has not met sufficient Milestones for payment of the full Subscription Amount, then the Purchaser will have no further obligation to pay further Milestone Amounts and the Purchaser shall only be entitled to receive such additional securities that correspond to the portion of the Subscription Amount paid by Purchaser.

  • The Work described in Section 11 of Exhibit B (SOW), excluding any Work described in Section 10.3 below, will be priced on a firm fixed price basis and is included in the pricing determined in accordance with the table set forth below ("Fixed Milestone Amounts").

  • Our liability to you Our liability under or in connection with this Agreement is limited in aggregate to an amount equal to the total Milestone Amounts payable by us under this Agreement.

  • There continues to be a widespread perception of impunity for the well-connected.

  • INVOICING AND PAYMENT Submission of invoice You must submit to us a tax invoice: monthly, within 30 days from completion of each Milestone or as we direct; and in accordance with the Rates or Milestone Amounts (as applicable).

  • Our liability to you Our liability under or in connection with this Agreement is limited in aggregate to an amount equal to the maximum amount payable under the total Rates or the total Milestone Amounts (as applicable) payable by us under this Agreement.

  • You must, in accordance with this Agreement: complete each Milestone to our satisfaction; provide us with the Package; and pay all the costs for the Activity which are not covered by the Milestone Amounts paid by us.

  • Our liability under or in connection with this Agreement is limited in aggregate to an amount equal to the total Milestone Amounts payable by us under this Agreement.

  • Any liability of Parent and its successors and or assigns with respect to, and the obligation to pay, any Milestone Amounts, other than the Regulatory Milestone, or any directly related payments pursuant to this Agreement shall be terminated and of no force or effect upon the date that is 20 years after the date of this Agreement.


More Definitions of Milestone Amounts

Milestone Amounts has the meaning given in paragraph 3.1 of Schedule 8;
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Related to Milestone Amounts

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

  • 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;

  • Sales Milestone Payment is defined in Section 5.3.

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

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

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

  • 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).

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

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

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

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

  • 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.

  • Earnout Payments has the meaning specified in Section 2.7.

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

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

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 65.70% minus the Additional Required Enhancement Percentage and (ii) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M5 Target Amount With respect to any Distribution Date an amount equal to the lesser of (a) the product of (i) 93.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (1) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (2) the Overcollateralization Floor.

  • First Target Distribution means $0.4025 per Unit per Quarter (or, with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.4025 multiplied by a fraction of which the numerator is the number of days in such period, and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • M4 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 95.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.