Milestone Completion definition

Milestone Completion has the meaning assigned to it in the Project Agreement.
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Milestone Completion has the meaning specified in the Project Agreement. “Milestone Completion Date” has the meaning specified in the Project Agreement. “Milestone Payments” has the meaning specified in the Project Agreement.
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Milestone Completion. BATC shall prepare and deliver to EarthWatch a Milestone Certificate for each milestone that BATC completes. EarthWatch shall sign each certificate to signify EarthWatch's agreement that the milestone has been completed. In the event that EarthWatch does not agree with the completion of a milestone EarthWatch shall so notify BATC in writing within five (5) business days of receipt of the milestone certificate. If it is determined that BATC has not completed the milestone as specified in Exhibit E, the payment will be credited as provided for in Article 2.2.
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Examples of Milestone Completion in a sentence

  • This is composed of $72,926,000 of previously paid fee for Schedule Milestones, $268,996 for Requests for Equitable Adjustments (REA), $4,500,000 for Enhancement Incentives, $4,000,000 for Facility Milestone Completion, and $49,878,557 for Award Fee Payments.

  • One such Milestone is the final approval by both parties of a more detailed project timetable (the “Project Schedule”) setting forth in more detail Milestones and Milestone Completion Dates, including all design, development and other Milestones to be achieved.

  • Format for Milestone Completion Report (MCR), Utilization Certificate and Statement of Expenditure will be made available as per requirement.

  • Such Project Schedule shall specify any tasks, obligations, or responsibilities (each a “Buyer Obligation”) which Buyer must perform or fulfill in order for Seller to achieve the Milestone Completion Dates for each Milestone, and the date by which Buyer is to fulfill each and every Buyer Obligation.

  • This section should describe respondent’s ability to meet the proposed project schedule as indicated in Table 00380.5.1 Milestone Completion Dates and Applicable Liquidated Damages from notice to proceed (Effective Date), the anticipated challenges in meeting the schedule and what the respondent proposes in order to mitigate those challenges.

  • The Expenditure Deadline for Capital Funds is set forth herein as a Milestone Completion Date.

  • On Successful completion of each Milestone, the applicant will be required to submit a detailed Milestone Completion Report (MCR) as per the prescribed format.

  • The Expenditure Deadline for Operating Funds is set forth herein as a Milestone Completion Date.

  • The occupancy deadline in connection with Grantee’s Bonus Award is set forth herein as a Milestone Completion Date.

  • Upon completion of Project works, the Concessionaire may seek the issuance of “Project Milestone Completion Certificate” upon written intimation to Concessioning Authority of such completion.


More Definitions of Milestone Completion

Milestone Completion means the situation in which IGT’s project manager reasonably deems in good faith that a Project Milestone is complete.
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Milestone Completion means, in respect of any Payment Milestone, a certificate issued by the Jal Xxxxx in accordance with Clause 8.12(a), to certify that 2 To be deleted if the Selected Bidder is not a Consortium.
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Related to Milestone Completion

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

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

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

  • 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.

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

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • 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.

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

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

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

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

  • Study Completion means the database for the Study has been locked and all Essential Documents have been provided to the Sponsor, including a copy of the letter from the Reviewing HREC acknowledging receipt of the final report and/or closure letter from the Principal Investigator.

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Time of Completion means the time for completing the execution of and passing the Tests on Completion of the Works of any section or part thereof as stated in the Contract (or as extended under Clause...) calculated from the Commencement Date

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

  • Testson Completion means the tests which are specified in the Contractor agreed by both Parties or instructed as a Variation, and which are carried out under Clause 9 [Tests on Completion] before the Works or a Section (as the case may be) are taken over by the Procuring Entity.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • 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;

  • Mechanical Completion means that (a) all components and systems of the Project have been properly constructed, installed and functionally tested according to EPC Contract requirements in a safe and prudent manner that does not void any equipment or system warranties or violate any permits, approvals or Laws; (b) the Project is ready for testing and commissioning, as applicable; (c) Seller has provided written acceptance to the EPC Contractor of mechanical completion as that term is specifically defined in the EPC Contract.

  • Phase 1 means the first implementation phase of this section, beginning June 1, 2018 and ending May 31, 2022.