Interim Milestone definition

Interim Milestone means each of the critical path milestones set forth in the Project Schedule (other than Substantial Completion and the Substantial Completion Payment Date).
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Interim Milestone has the meaning ascribed thereto in subsection 15.2.
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Interim Milestone shall have the meaning provided in Section 13.4 of this Agreement.
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Examples of Interim Milestone in a sentence

  • The Project Schedule includes an agreed upon Design and Permit Schedule setting forth time periods for Owner to provide Drawings and Major Permits to Contractors, and an agreed upon construction schedule setting forth Interim Milestone Dates for Contractor to achieve certain construction completion milestones.

  • Contractor and Owner acknowledge that TIME IS OF THE ESSENCE with respect to their respective obligations under the Contract Documents, and that Owner’s business interests will suffer substantial losses in the event that the Project is not completed within the Interim Milestone Dates and/or the Contract Time in accordance with and subject to the terms of this Agreement.

  • Following the completion of Milestone Testing with respect to a SFINCS Interim Milestone, Vendor shall issue a report of the Milestone Test results to Vendor.

  • Design-Builder understands that if Substantial Completion or Interim Milestones and/or Substantial Completion of identified portions of the Work are not attained by the Scheduled Substantial Completion Date or applicable Interim Milestone Date, respectively), Owner will suffer damages which are difficult to specify accurately and ascertain.

  • SFINCS Interim Milestone Tests The following applies to (1) [*] and (2) [*] (each, a “SFINCS Interim Milestone”): Following Vendor’s development of a testing protocol for a SFINCS Interim Milestone, Vendor shall make such protocol available to Owner and Owner’s designee(s) for review and comment.

  • Vendor shall conduct SFINCS Interim Milestone testing (“Milestone Testing” or a “Milestone Test”) at its facilities in the State of Israel, which Milestone Testing may be monitored by Owner or its designee(s) at Owner’s request.

  • Interim Milestone – August 15, 2011 - 2012 Performance – March 3, 2013 * The above number of PSUs granted is subject to change based on the attached performance metrics set forth in the 2010 Growth Xxxxx Xxxx Term Incentive Program document, attached as Exhibit B and the terms of Form of Xxxxxx Express Corporation Long Term Incentive Program 2010 Growth Grant Performance-Based Restricted Stock Unit Award Agreement the Award Agreement.

  • The Original Project Schedule shall include an agreed upon design schedule setting forth time periods for Contractor to require Architect/Engineer to produce Drawings for the Original Project Work, time periods when Owner’s Consultants and Owner’s Contractors on the Original Project must provide their respective documents and services, and an agreed upon construction schedule setting forth the Original Project Interim Milestone Dates.

  • Contractor and Owner acknowledge that TIME IS OF THE ESSENCE with respect to their respective obligations under the Contract Documents, and that Owner’s business interests will suffer substantial losses in the event that any Interim Milestone is not achieved by the applicable Interim Milestone Date and/or Substantial Completion is not achieved by the Guaranteed Date of Substantial Completion in accordance with and subject to the terms of this Agreement.

  • The Project Schedule shall include an agreed upon Design Schedule setting forth time periods for Contractor to require Architect/Engineer to produce Drawings, time periods when Owner’s Consultants and Owner’s Contractors on the Project must provide their respective documents and services, and an agreed upon construction schedule setting forth the Interim Milestone Dates.


More Definitions of Interim Milestone

Interim Milestone means any Milestone other than a Key Milestone;
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Interim Milestone means satisfaction of each of the following events: (a) no Default or Event of Default shall have occurred and be continuing; and (b) the delivery by Borrower of written notice to Agent that Xxxxxxxx has conducted an analysis of interim efficacy data from the clinical evaluation of EG-70 in the Phase 2 LEGEND clinical study (NCT04752722) in patients with BCG-nonresponsive NMIBC which supports progression of the study toward its final primary endpoint readout which, if positive, is expected to support the filing of a Biologics License Application with the FDA as the next immediate step in development, subject to Agent’s reasonable verification.
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Related to Interim Milestone

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

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

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.

  • Development Milestone Event shall have the meaning set forth in Section 9.2(a).

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Milestone Event has the meaning set forth in Section 8.4.

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

  • Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.

  • Milestone Events has the meaning set forth in Section 3.3 (Milestone Payments).

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Milestone Schedule means Seller’s milestone schedule, the form of which is attached to this Agreement as Exhibit Q.

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • Final Completion Date means the date on which Final Completion occurs.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.