Milestone Certificate definition
Examples of Milestone Certificate in a sentence
In the event that Customer does not agree that a Milestone has been completed, Customer shall notify Contractor in writing within ten (10) Business Days of receipt of the Milestone Certificate.
Subject to the foregoing, Customer shall sign each Milestone Certificate to signify Customer’s agreement that the applicable Milestone has been completed.
Upon receipt of the Milestone Certificate issued upon Substantial Completion of the Unit, Purchaser (and/or Purchaser´s authorized agents and consultants) and Seller shall schedule a joint walk-through inspection of the Unit and the Condominium to be carried out by the Purchaser at any time prior to Closing.
Closing will happen only when the Seller reaches the Substantial Completion Milestone, confirmed by the Inspector issuing the Substantial Completion Milestone Certificate.
Closing Date will happen on a date agreed upon by both parties, within thirty (30) days after the Inspector issues the Substantial Completion Milestone Certificate (sections 5(c) and 5(d)) and the Seller sends the Closing Notice (section (4)d) to the Buyer and the Closing Agent (“Closing Period”).