Performance Milestone B definition
Performance Milestone B means Borrower’s meeting the primary endpoints of the HEPLISAV–B Phase 3 trial on or before August 1, 2016.
Performance Milestone B means Borrower achieves EBITDA of at least $5,388,939 for the trailing twelve (12) month period ending March 31, 2018.
Performance Milestone B means Borrower achieves at least 90% of the EBITDA projected in the Plan for the trailing six (6) months ending December 31, 2017.
Examples of Performance Milestone B in a sentence
The Term Loan Interest Rate will float and change on the day the Prime Rate changes from time to time, provided however, that if Borrower achieves Performance Milestone B on or before August 1, 2016, the Term Loan Interest Rate shall be fixed at the rate in effect on the date Borrower achieves Performance Milestone B.
More Definitions of Performance Milestone B
Performance Milestone B occurs if and when (if ever) Bank confirms in writing that [* * *].