{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "grant-recipient", "type": "definition", "offset": [23, 38]}, {"key": "the-relevant", "type": "clause", "offset": [73, 85]}, {"key": "milestone-date", "type": "clause", "offset": [86, 100]}], "snippet": "means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;", "samples": [{"hash": "j4FCLkGtke4", "uri": "/contracts/j4FCLkGtke4#milestone-failure", "label": "Grant Agreement", "score": 35.0499830546, "published": true}, {"hash": "iXvkO1eOlsw", "uri": "/contracts/iXvkO1eOlsw#milestone-failure", "label": "Grant Agreement", "score": 35.0448688556, "published": true}, {"hash": "38enCKg2BJX", "uri": "/contracts/38enCKg2BJX#milestone-failure", "label": "Grant Agreement", "score": 35.0397546567, "published": true}], "size": 60, "hash": "8ca39fb893e9a3ba1623ea8dce581a07", "id": 1}, {"snippet_links": [{"key": "grant-recipient", "type": "definition", "offset": [23, 38]}, {"key": "the-relevant", "type": "clause", "offset": [73, 85]}, {"key": "milestone-date", "type": "clause", "offset": [86, 100]}, {"key": "term-means", "type": "clause", "offset": [119, 129]}, {"key": "term-of", "type": "clause", "offset": [145, 152]}, {"key": "minimum-unexpired-term", "type": "definition", "offset": [199, 221]}, {"key": "set-out", "type": "definition", "offset": [309, 316]}, {"key": "agreed-principles", "type": "definition", "offset": [340, 357]}, {"key": "mmc-scheme", "type": "definition", "offset": [409, 419]}, {"key": "comprised-of", "type": "clause", "offset": [440, 452]}, {"key": "modern-methods-of-construction", "type": "definition", "offset": [492, 522]}], "snippet": "means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date; 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Minimum Building Safety Standards means the building safety standards which must be met and requirements which the Grant Recipient must comply with in respect of each CASSH Dwelling (as applicable) comprised within a Named Project as set out in Sections", "samples": [{"hash": "4ZVAxJJmprV", "uri": "/contracts/4ZVAxJJmprV#milestone-failure", "label": "Capital Grant Agreement", "score": 34.8185819842, "published": true}, {"hash": "iKEAffKEH64", "uri": "/contracts/iKEAffKEH64#milestone-failure", "label": "Capital Grant Agreement", "score": 28.0581793292, "published": true}, {"hash": "8fyaQXbaeKj", "uri": "/contracts/8fyaQXbaeKj#milestone-failure", "label": "Capital Grant Agreement", "score": 28.0581793292, "published": true}], "size": 5, "hash": "1e3d81ee186969c132d52bbc4f7e8b7a", "id": 7}, {"snippet_links": [{"key": "start-on-site-date", "type": "definition", "offset": [57, 75]}, {"key": "practical-completion", "type": "definition", "offset": [84, 104]}, {"key": "required-completion-date", "type": "definition", "offset": [137, 161]}, {"key": "homes-england", "type": "definition", "offset": [166, 179]}, {"key": "acting-reasonably", "type": "clause", "offset": [181, 198]}, {"key": "the-applicant", "type": "clause", "offset": [342, 355]}, {"key": "in-writing", "type": "definition", "offset": [368, 378]}], "snippet": "means: (a) Start on Site does not occur on or before the Start on Site Date; or (b) Practical Completion does not occur on or before the Required Completion Date, or Homes England (acting reasonably) forms the opinion that Practical Completion will not occur on or before the Required Completion Date in which case Homes England shall notify the Applicant of the same in writing", "samples": [{"hash": "fuzkrokzdpH", "uri": "/contracts/fuzkrokzdpH#milestone-failure", "label": "Grant Funding Agreement", "score": 34.0989247351, "published": true}, {"hash": "5DNIMFkHSLi", "uri": "/contracts/5DNIMFkHSLi#milestone-failure", "label": "Grant Funding Agreement", "score": 33.5088635201, "published": true}, {"hash": "6KiZBoyOTM0", "uri": "/contracts/6KiZBoyOTM0#milestone-failure", "label": "Grant Funding Agreement", "score": 33.1844569577, "published": true}], "size": 4, "hash": "0698162de205711710dc56af3da32395", "id": 8}, {"snippet_links": [{"key": "the-corporation", "type": "clause", "offset": [6, 21]}, {"key": "failure-to-achieve", "type": "clause", "offset": [24, 42]}], "snippet": "means the Corporation's failure to achieve one or more of the following milestones:", "samples": [{"hash": "b59Jj63C3MQ", "uri": "https://www.sec.gov/Archives/edgar/data/849706/000093066199000842/4.txt", "label": "Advanced Environmental Recycling Technologies Inc", "score": 2.0, "published": false}, {"hash": "5cm41CFdDej", "uri": "https://www.sec.gov/Archives/edgar/data/849706/000093066199000842/3.txt", "label": "Advanced Environmental Recycling Technologies Inc", "score": 2.0, "published": false}, {"hash": "1k1Lg1aC6uu", "uri": "https://www.sec.gov/Archives/edgar/data/849706/000093066199000842/2.txt", "label": "Advanced Environmental Recycling Technologies Inc", "score": 2.0, "published": false}], "size": 3, "hash": "dcf9e348327d0d940f853616dd3ec0b7", "id": 9}, {"snippet_links": [{"key": "failure-by-the", "type": "clause", "offset": [8, 22]}, {"key": "relevant-zone", "type": "definition", "offset": [100, 113]}, {"key": "milestone-date", "type": "clause", "offset": [114, 128]}, {"key": "the-schedule", "type": "clause", "offset": [157, 169]}, {"key": "to-this-agreement", "type": "clause", "offset": [178, 195]}, {"key": "the-third-party", "type": "definition", "offset": [276, 291]}, {"key": "from-time-to-time", "type": "clause", "offset": [333, 350]}, {"key": "in-accordance-with", "type": "definition", "offset": [351, 369]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [374, 397]}], "snippet": "means a failure by the Borough or any Contractor (as relevant) to achieve any Zone Milestone by the relevant Zone Milestone Date; Zone Output Schedule means the schedule annexed to this Agreement at Annexure 2; Zone Outputs means the aggregate of the Borough Zone Outputs and the Third Party Zone Outputs (as the same may be amended from time to time in accordance with the terms of this Agreement);", "samples": [{"hash": "laFC5jBYnM9", "uri": "/contracts/laFC5jBYnM9#milestone-failure", "label": "Overarching Borough Agreement", "score": 24.3620807666, "published": true}, {"hash": "k1rjSBtVLkK", "uri": "/contracts/k1rjSBtVLkK#milestone-failure", "label": "Overarching Borough Agreement", "score": 24.3620807666, "published": true}, {"hash": "4p0vKXxTBlk", "uri": "/contracts/4p0vKXxTBlk#milestone-failure", "label": "Overarching Borough Agreement", "score": 23.726899384, "published": true}], "size": 3, "hash": "6adba8530d9a717bebef5c955d755ff0", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIabWlsZXN0b25lLWZhaWx1cmUjMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "Milestone Failure", "snippet": "means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;", "size": 163, "id": "milestone-failure", "examples": ["Upon each <strong>Milestone Failure</strong> Date, the Warrant Price in effect on such <strong>Milestone Failure</strong> Date shall, at the election of the Registered Holder, be decreased to 115% of the VWAP for the five (5) Trading Days immediately following such <strong>Milestone Failure</strong> Date.", "With respect to each fiscal quarter ended after a <strong>Milestone Failure</strong> Date, if the cumulative Net Sales through such fiscal quarter ended exceed the cumulative Milestones such fiscal quarter, then all prior adjustments made pursuant to this paragraph (e) shall be reversed.", "The Rights Agent will promptly, and in any event within ten (10) Business Days of receipt of the <strong>Milestone Failure</strong> Notice, send each Holder at its registered address a copy of such <strong>Milestone Failure</strong> Notice.", "At the close of business on the second Business Day after the occurrence of a <strong>Milestone Failure</strong> Date (provided the occurrence of the event described in clause (A) above has not occurred), the LOC Bank may terminate the Letter of Credit.", "The Designated Entities agree that, if they should otherwise provide or participate in a credit facility to refinance the Existing DIP during the pendency of the Cases, then unless a <strong>Milestone Failure</strong> Event shall have occurred, they will offer the Plan Sponsors the opportunity to participate in up to 35% of the Designated Entities\u2019 allocation of such refinancing credit facility.", "The Rights Agent will promptly, and in any event within 10 Business Days of receipt of the <strong>Milestone Failure</strong> Notice, send each Holder at its registered address a copy of such <strong>Milestone Failure</strong> Notice.", "If the Milestone shall not have been achieved by the Milestone Outside Date, Purchaser shall deliver to the Rights Agent a <strong>Milestone Failure</strong> Notice on or prior to the date that is twenty (20) Business Days following the Milestone Outside Date.", "If Member Representative disagrees with Parent\u2019s determination as set forth in the <strong>Milestone Failure</strong> Notice, Member Representative shall notify Parent in writing in detail of its disagreement and the basis therefor within ten (10) Business Days after receipt of such determination (the \u201cMember Representative Objection\u201d).", "If Tenant delivers a <strong>Milestone Failure</strong> Termination Notice to Landlord, then Landlord shall have the right to suspend the occurrence of the Milestone Termination Effective Date for a period ending thirty (30) days after the Milestone Termination Effective Date by delivering written notice to Tenant, prior to the Milestone Termination Effective Date, that, in Landlord\u2019s reasonable, good faith judgment, the Milestone will be satisfied within thirty (30) days after the Milestone Termination Effective Date.", "The Purchaser shall maintain the Letter of Credit in full force and effect at all times until the earlier of (A) the payment of the \u2587\u2587\u2587-Related Consideration in accordance with Section 3.1(c) and (B) the close of business on the second Business Day after the occurrence of a <strong>Milestone Failure</strong> Date (provided that the Letter of Credit is terminated in accordance with this Section 3.1(d)(i))."], "related": [["supply-failure", "Supply Failure", "Supply Failure"], ["gep-failure", "GEP Failure", "GEP Failure"], ["mi-failure", "MI Failure", "MI Failure"], ["milestone-event", "Milestone Event", "Milestone Event"], ["service-failure", "Service Failure", "Service Failure"]], "related_snippets": [], "updated": "2025-07-06T21:58:29+00:00"}, "json": true, "cursor": ""}}