Project Milestone definition
Examples of Project Milestone in a sentence
Such revisions to the Schedule shall not alter any of the Project Milestone dates.
Within thirty (30) days of completion of each Project Milestone (other than the Commercial Operation Date) but not later than the date specified for achievement of each Project Milestone listed in Exhibit N, Seller will notify PacifiCorp in writing of the achievement of the Project Milestone, including such written documentation as PacifiCorp may reasonably request demonstrating Seller’s achievement of the Project Milestone.
Failure of the Market Actor to adhere to the Project Milestone Schedule shall constitute an Event of Default, and may, in AEP Texas’ discretion, result in disqualification of the Project.
The Parties shall have the rights and obligations set forth in Section 3.1 (Guaranteed Project Milestones Including Commercial Operation) of APPENDIX E (Facility Requirements) in the event a condition or event of Force Majeure affects the achievement of a Guaranteed Project Milestone Date, including the Guaranteed Commercial Operations Date.
Therefore, Seller must achieve each of the Project Milestones specified in Exhibit N on or before 16:00 hours Local Time on the date specified for each Project Milestone in Exhibit N (as such dates may be adjusted pursuant to this Section 2.2.1).