Payment Milestone definition

Payment Milestone means an identified deliverable for which the Contractor is entitled to receive a payment in accordance with this Agreement;
Payment Milestone means a designated portion of the Work as shown in the Payment Schedule.
Payment Milestone means a Milestone, the achievement of which triggers a payment obligation by Customers, as set forth in the payment schedule of the applicable Exhibit Set.

Examples of Payment Milestone in a sentence

  • Other than amounts properly withheld pursuant to Sections 9.1 and 9.2, Owner shall pay the applicable payment for each Payment Milestone within 20 days after Contractor invoices the applicable Payment Milestone (the “Payment Due Date”).

  • The numbers that follow the first two letters are the Payment Milestone individual identifier (i.e., 003).

  • For each Payment Milestone which Proposers are asked to provide a price in Form G, a description and provisions concerning when that Payment Milestone is considered complete and can be invoiced is described in Exhibit CC of the Agreement.

  • All operation and maintenance prices shall be inclusive of all consumables and components which are usual, customary and necessary for providing the scope ofservices as described in the Technical Requirements and in each Payment Milestone in Exhibit CC of the Agreement.

  • During construction period S.No Concessionaire 8Certification for the achievement of seventh Masani & Trans-Yamuna Payment Milestone by the Concessionaire *Payment is limited to 1.25% per month of the contract value for construction period.


More Definitions of Payment Milestone

Payment Milestone is amended by deleting it in its entirety and replacing it with the following:
Payment Milestone. An event designated as such in the Transition Plan or a Project Order, DFS’ acceptance of which entitles BancTec to invoice DFS for the associated payment amount.
Payment Milestone. The payment milestones set out in Schedule 2. Project: The development, production and installation of Artworks as described in Schedule One and in accordance with the Payment Milestones agreed in Schedule Two. Project Manager: The person appointed or employed by the Council to work with the Lead Artist and Steering Group and ensure successful delivery of the Project.
Payment Milestone means any of Milestone 1, Milestone 2A, Milestone 0X, Xxxxxxxxx 0, Xxxxxxxxx 0X, Xxxxxxxxx 0X, Xxxxxxxxx 0X, Xxxxxxxxx 5B or Milestone 6.
Payment Milestone means an identified deliverable for which the Subcontractor is entitled to receive a payment in accordance with this Agreement;
Payment Milestone means a Milestone that is specified as a 'Payment Milestone' in Schedule 2 and which, when completed in accordance with the Agreement, will entitle the Recipient to submit a Correctly Rendered Invoice for payment of the relevant Grant amount. Personnel means, in relation to a party, its employees, sub-contractors, agents, volunteers, executives and representatives.
Payment Milestone means a milestone identified as such in Part A of Annex 2; Personal Data has the meaning given to it in the Data Protection Legislation as amended from time to time; Procurement Regulations means the Public Contracts Regulations 2015, Concession Contracts Regulations 2016, Defence Security Public Contracts Regulations 2011 and the Utilities and Contracts Regulations 2016 together with their amendments, updates and replacements from time to time; Prohibited Act means: