Performance Milestone definition

Performance Milestone means any of the milestones described in Section A2 (Performance Milestones) of attached Exhibit A (Start-Up License Schedule).

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

Performance Milestone means an act or event specified described in Section 9 of the Business Terms.

Examples of Performance Milestone in a sentence

Fourth quarter Bonuses and Bonuses calculated on the basis of partial Performance Milestone satisfaction shall be paid within 75 days of fiscal year-end.
Unless an extension is provided due to an Event of Force Majeure during the term of this Agreement, Company shall perform, or shall cause to happen or be performed, the Performance Milestones in accordance with the Performance Milestone Dates.
Upon the occurrence of an Event of Force Majeure, the Performance Milestones and Performance Milestone Dates shall be equitably adjusted to accommodate the Event of Force Majeure.
In this notification, Recipient shall explain why the deadline has been or will likely be missed; provide a status update relative to the other Performance Milestone deadlines; and provide assurances that it will meet the remaining Performance Milestone deadlines.
When Recipient misses or anticipates missing a Performance Milestone deadline, Recipient shall notify the Department in writing as soon as is reasonably practicable.

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

Performance Milestone means satisfaction of each of the following events: (a) no default or Event of Default shall have occurred and be continuing; and (b) Borrower shall have received after the Closing Date and on or prior to March 31, 2020, an amount equal to at least Fifty Million Dollars ($50,000,000) in unrestricted (including, not subject to any redemption, clawback, escrow or similar encumbrance or restriction other than in the case the Permitted Convertible Debt Financing) net cash proceeds from one or more bona fide equity financings, Subordinated Indebtedness (which, for the avoidance of doubt, may include the net proceeds received from any Permitted Convertible Debt Financing) and/or upfront or other milestone proceeds from business development transactions permitted under this Agreement, in each case subject to verification by Agent (including supporting documentation reasonably requested by Agent).

Performance Milestone means, satisfaction of each of the following events: (a) no Event of Default shall have occurred and be continuing and (b) on or before December 15, 2018, or such later date as Agent agrees in writing in its sole discretion, Borrower shall have achieved positive clinical data from the Phase 3 trial of TRC101 and shall provide supporting documentation relating to the results of the trial as and when reasonably requested by Agent.

Performance Milestone means an act or event specified in section 5.1 of this Agreement and described in section A2 of attached Exhibit A.

Performance Milestone has the meaning set forth in Section 8.3.

Performance Milestone means the close of the first period of four consecutive fiscal quarters in which the Company recognizes at least $[*****] in subscription software revenue (as determined in accordance with United States Generally Accepted Accounting Principles), provided that the Performance Milestone must be achieved on or before September 30, 2008.