Milestones definition

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.
Milestones means one or more events or dates, if specified in the Contract Documents, by which Work, as identified, must be provided by the Contractor.
Milestones means the development activities for significant permitting, interconnection, financing and construction milestones set forth on the Cover Sheet.

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.


More Definitions of Milestones

Milestones means the milestones set out in item 1.6 of Schedule 1 (The Project);
Milestones means the key development activities required for the construction and operation of the Project, as set forth in Section B(i)(b) of the Cover Sheet.
Milestones has the meaning set forth in Section 3.9(b)(i).
Milestones means those milestones set forth on Exhibit D hereto.
Milestones means the milestones set forth in Section 4.
Milestones has the meaning set forth in Section 4.9.
Milestones means the agreed milestones that the Institutions and Investigators shall achieve as specified in the Letter of Award;