Minimum Milestone definition

Minimum Milestone means the Harley Dome EBITDA generated (a) during the First Measurement Period exceeds $1,500,000, (b) during the Second Measurement Period exceeds $3,000,000 or (c) during the Third Measurement Period exceeds $4,500,000.
Sample 1
Minimum Milestone means the ORL Equipment EBITDA generated (a) during the 2014 Measurement Period exceeds $2,750,000, (b) during the 2015 Measurement Period exceeds $5,500,000 or (c) during the 2016 Measurement Period exceeds $8,250,000.
Sample 1
Minimum Milestone means the UB EBITDA generated (a) during the 2014 Measurement Period exceeds $500,000, or (b) during the 2015 Measurement Period exceeds $500,000.
Sample 1

Examples of Minimum Milestone in a sentence

  • Such systems need to be tested for events involving failures of multiple banks or a large-sized bank.Communication planCommunication strategy is an important aspect of deposit insurers’ operations.

  • If ORL Equipment EBITDA never exceeds a Minimum Milestone, then there shall be no dividend except those declared by the Board.

  • The holders of outstanding shares of Series C Preferred Stock shall not be entitled to receive dividends unless declared or the Harley Dome EBITDA exceeds a Minimum Milestone.

  • If Barstow EBITDA never exceeds a Minimum Milestone, then there shall be no dividend except those declared by the Board.

  • If ORL Equipment EBITDA exceeds a Minimum Milestone, then every outstanding share of Series B Preferred Stock shall have earned a cumulative dividend calculated at the Dividend Rate (whether or not declared by the Board) since the Original Issue Date.

  • The holders of outstanding shares of Series B Preferred Stock shall not be entitled to receive dividends unless declared or the ORL Equipment EBITDA exceeds a Minimum Milestone.

  • Earnings Credits equal the average annual LIBOR, and will be applied to the balance of the Participant’s account on December 31 of each Plan year, but prior to date when the current plan year’s Benefit Credit is posted.

  • If Harley Dome EBITDA never exceeds a Minimum Milestone, then there shall be no dividend except those declared by the Board.

  • The quality and integrity of the eCTD submission was adequate and sufficient to allow substantive review.

  • If Barstow EBITDA exceeds a Minimum Milestone, then every outstanding share of Series A Preferred Stock shall have earned a cumulative dividend calculated at the Dividend Rate (whether or not declared by the Board) since the Original Issue Date.

Related to Minimum 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;

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

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

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

  • Sales Milestone Payment has the meaning set forth in Section 8.3.1.

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

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

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

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

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

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

  • 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;

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

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

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Additional Accelerated Purchase Minimum Price Threshold means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, any minimum per share price threshold set forth in the applicable Additional Accelerated Purchase Notice.

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

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.