Milestone Year definition

Milestone Year means any period of 12 months ending on the last day of a Milestone Quarter during the Milestone Period, provided that for the Milestone Quarters ended 30 June 2021, 30 September 2021 and 31 December 2021, "Milestone Year" shall mean the period of three months, six months and nine months respectively ending on the last date of that Milestone Quarter;
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Milestone Year shall have the meaning set forth in Section 1.12(a) (Earnout Consideration).
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Examples of Milestone Year in a sentence

  • The outcome of such test shall be determinative of whether the annual Milestone, Year Four Goal(s) or Year Six Goal(s), as the case may be, has been achieved.

  • Within ten (10) business days after delivery of a particular Milestone Notice, Codexis shall provide to Shell sufficient quantities of any relevant Biocatalyst to permit Shell to verify that the annual Milestone, Year Four Goal(s) or Year Six Goal(s), as the case may be, in such Milestone Notice has been achieved.

  • If such written statement is not delivered by a Representative Party within twenty (20) days following the date of delivery of such Revenue and Franchise Statement, then such Representative Party will have waived its right to contest such Revenue and Franchise Statement and the determination of the Gross Revenue for such Milestone Year (and whether the Revenue Milestone has been satisfied for such Milestone Year) as set forth therein.

  • Pilots vacation entitlement is based on length of employment and is calculated as follows: Length of Employment Vacation Less than one year 7 shifts, 79.80 hours (prorated) More than One year 10 shifts, 114.00 hours More than Five years 13 shifts, 148.20 hours More than Ten years 15 shifts, 171.00 hours More than Thirteen years 18 shifts, 205.20 hours Milestone Year - a Pilot shall receive their vacation entitlement in the year in which they reach their next Milestone.

  • As soon as is practicable after the end of each Milestone Year, ILEX shall direct its independent certified public accountant to determine the amount of CRO Revenue for that Milestone Year.

  • In the case of any Milestone Rectification Works SCANNER Survey, the Service Provider shall, no later than 1st February in any Contract Year following a relevant Milestone Year, submit to the Authority and the Independent Machine Surveyor the Milestone Rectification Works SCANNER Survey Programme.

  • In the case of any Milestone Rectification Works CVI Survey, the Service Provider shall, no later than 1st February in any Contract Year following a relevant Milestone Year, submit to the Authority a Milestone Rectification Works CVI Survey Programme.