Milestone Extension definition

Milestone Extension shall have the meaning given to it in Clause 2.4;
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Examples of Milestone Extension in a sentence

  • Upon Project completion and prior to the Reservation Expiration Date, the completed Incentive Claim Form must be submitted along with all of the necessary documentation to request an incentive payment.3.5 RFP and Proof of Project Milestone Extension In general, no extensions to the Proof of Project Milestone Date are permitted.

  • The Company is required to seek a further extension of time when there is greater clarity on the time required to submit a resumption proposal for resumption of trading in the Company’s shares once the Company has achieved the requirement pursuant to the Milestone Extension.

  • If Company determines that it will be unable to achieve a Performance Milestone, Company will so notify University in advance of the Performance Milestone Date, Company may request a Performance Milestone Extension (as described below) or, providing Company demonstrates it is diligently pursuing development and commercialization of at least one Licensed Product, Company may request that the Parties negotiate an appropriate new Performance Milestone and/or related Performance Milestone Date in good faith.

  • If Buyer exercises a termination right pursuant to this Section 6(e) and Seller believes that the Milestone was achieved by the appropriate date (as extended by the Milestone Extension Period), the parties agree to submit the dispute concerning Seller's failure to achieve that particular Milestone, and Buyer's resulting right to terminate the Lease, to binding arbitration pursuant to the provisions of Section 16.

  • If Seller fails in any material respect, as reasonably determined by SCE, to: (i) meet the requirements of the Recovery Plan; (ii) make sufficient progress in effecting the Recovery Plan; or (iii) achieve completion of the missed Critical Path Development Milestone by the CPD Milestone Extension Date, such failure shall not be subject to a further attempt to cure.

  • Provision will be made for delays caused by events beyond the Developer's reasonable control (Milestone Extension Events) but all affordable homes must be delivered by 31 March 2022.Delivery and on-going obligations of the DeveloperDelivery and Developer ObligationsObligations on the Developer in respect of each Firm Scheme include but are not limited to:i.

  • Docket No. 18-4120-PET, Order Granting Contract Milestone Extension of 01/17/2019 at 1 (citing Request of Vermont Public Power Supply Authority to amend standard-offer contract, Docket No. 8830, Order Extending Milestone Deadline of 09/28/2016 at 2.).

  • Upon the occurrence of a Case Milestone Extension, the following shall be deemed the Case Extension Availability Amount for all purposes under this Agreement: $[_________________] dollars.

  • Project documents indicate that two milestone extensions were granted due to challenges securing co-financing and political and personnel changes within the executing agency (2009 & 2010 Jordan Milestone Extension Requests).

  • Purchaser will pay for the Assets a purchase price in the amount of Three Million Three Hundred Fifty Thousand Dollars ($3,350,000), subject to adjustment as provided in Sections 2.4(b) and 2.6 (the “Purchase Price”).

Related to Milestone Extension

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

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

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

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

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

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

  • 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 has the meaning set forth in Section 8.3.1.

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

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

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

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

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

  • Additional Indication means any indication other than the Initial Indication.

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

  • 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 Schedule shall have the meaning set forth in Section 1.1.

  • Phase IIb Clinical Trial means a clinical trial of a Product on sufficient numbers of patients that is designed to provide a preliminary determination of safety and efficacy of such Product in the target patient population over a range of doses and dose regimens.

  • Development Plan has the meaning set forth in Section 3.2.

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

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

  • Phase I Clinical Study means, as to a particular Licensed Product, an initial clinical study in humans with the purpose of assessing the Licensed Product’s safety, tolerability, toxicity, pharmacokinetics or other pharmacological properties.

  • Phase III Clinical Study means a pivotal Clinical Study, the results of which could be used to establish safety and efficacy of a Licensed Product in the Field as a basis for Regulatory Approval or that would otherwise satisfy requirements of 21 CFR 312.21(c), or its foreign equivalent.

  • Development approval means any written authorization from a