Milestone Parties definition

Milestone Parties means, collectively, The Milestone Aviation Group Limited, PK Air, the “MAG Parties” as defined in the PK Air Credit Facility, GE Aviation, and their respective affiliates, including certain lessor trusts.
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Milestone Parties means, with respect to any Milestone Product, Parent or its Affiliates and any of their respective licensees, successors or assignees of the rights to develop and commercialize such Milestone Product, as applicable.
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Examples of Milestone Parties in a sentence

  • The terms of the Milestone Settlement are fully incorporated into the Plan by reference, and the Debtors and the Milestone Parties shall abide by the terms of the Milestone Settlement Order, including the payment by the Debtors, no later than the Effective Date, of the reasonable and documented professional fees of the Milestone Parties as set forth in the Milestone Settlement Order.

  • To the extent that the applicable CHC Party’s operational needs require modifications [*] the CHC Party shall enter into an indemnity agreement indemnifying the Milestone Parties for such modification cost and return should the CHC Party fail to take delivery of such Additional Undesignated Aircraft.

  • Of the helicopters in the fleet, Reorganized CHC Group will own a portion and lease the remainder from various third-party lessors, including the Milestone Parties.

  • The CHC Parties shall pay the fees, costs and expenses of the Milestone Parties pursuant to the terms set forth in the Milestone Term Sheet.

  • At each Milestone Parties will mutually review and agree the list of Deliverables for the next Milestone.

  • In addition, upon the Effective Date, the Milestone Parties will be entitled to an Allowed General Unsecured Claim as set forth on Exhibit C to the Milestone Term Sheet.

  • The Milestone Parties and PK air shall retain all security interests, guarantees and share charges that secure the PK Air Credit Facility Claims and MAG Lease Obligation Claims.

  • The occurrence of the PSA Approval Date shall constitute an agreement by the Milestone Parties that, if not expired, the applicable “waiting period” specified in connection with Article XI of the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment shall continue until a Fleet Event of Default (which shall apply to all Aircraft) or a Material Breach Event of Default (which shall apply to the subject Aircraft) occurs.

  • For clarity, Net Sales made by all Milestone Parties will be considered in determining whether the Net Sales Milestone Event has occurred.

  • Transaction fees and legal fees and expenses of the Milestone Parties incurred in connection with Incremental Aircraft or Financed Aircraft shall be paid as provided in the Facility Documents therefor.

Related to Milestone Parties

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

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

  • 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;

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

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

  • 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.

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

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

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

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

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

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

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

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

  • Licensee Parties has the meaning ascribed to such term in Section 5.1.

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

  • Novartis shall have the meaning set forth in the Preamble.

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

  • BMS means the Company, all related companies, affiliates, subsidiaries, parents, successors, assigns and all organizations acquired by the foregoing.

  • ISIS means the department’s individualized services information system.

  • GSK will have the meaning set forth in the Preamble.

  • Spectrum means frequencies of electromagnetic spectrum used to provide fixed or mobile communications services as licensed or authorized by the FCC.

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

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Collaborative matter means a dispute, transaction, claim, problem, or issue for resolution, including a dispute, claim, or issue in a proceeding, that is described in a collaborative law participation agreement and arises under the family or domestic relations law of this state, including any of the following: