Milestones definition
Examples of Milestones in a sentence
No later than ten (10) Business Days prior to the applicable Closing Date (or the date on which a payment is to be made by Buyer to Sellers pursuant to Sections 1.2(d) or 1.3(d)), the Company shall, jointly with the Sellers, prepare and deliver to Buyer and Sellers its good-faith determination of the applicable Milestone(s) as of such date (each, a “Milestone Determination”), together with supporting documents used by the Company in relation thereto.
The Parties shall meet quarterly (or more frequently as mutually agreed) to review progress against the Revised Milestones.
Each Party shall allocate sufficient personnel, equipment, and other resources as reasonably necessary to achieve the Revised Milestones.
Each Party agrees to use commercially reasonable efforts to achieve the Revised Milestones by the target dates set forth above; provided, however, that the failure to meet any Revised Milestone by its target date shall not, by itself, constitute a breach of this Agreement if the failing Party has used commercially reasonable efforts and the Parties are actively working toward completion.