Subsequent Milestone definition
Subsequent Milestone means the Second Milestone, Third Milestone or Fourth Milestone, as applicable.
Subsequent Milestone means with respect to the Vessel, the Milestone occurring subsequent to the first Milestone (i) to be certified by Borrower and (ii) for which Borrower has received an Advance.
Subsequent Milestone means each Milestone other than Milestone 1. Third Party Material means the material specified in item 10 of the Details. Total Grant Funds is the amount of funds specified in item 3 of the Details. Total Project Capital Costs is the total amount of capital costs for the Project specified in item 2 of the Details. Uptime Target has the meaning given to that term in Schedule 3. Visitor has the meaning given to that term in clause 14(m).
Examples of Subsequent Milestone in a sentence
Each Advance Request shall include a certificate by Borrower certifying that the Subsequent Milestone has been achieved (or in the case of the initial Advance, that the initial Milestone has been achieved).
For each subsequent Advance requested by Borrower following the initial Advance, Borrower shall have furnished to Lender appropriate evidence that the Subsequent Milestone to which the Advance relates has been successfully achieved.
Such additional proof may include additional confirming evidence of the accomplishment of all Milestones preceding the Subsequent Milestone for which the Advance is requested.