Milestone Payment Plan definition

Milestone Payment Plan means Exhibit C to this Agreement.
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Milestone Payment Plan means the milestone payment plan for each Spacecraft and the TT&C and Pilot Uplink Station Equipment attached hereto as Attachment 7.
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Milestone Payment Plan means the milestone payment plan attached hereto as Exhibit E.
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Examples of Milestone Payment Plan in a sentence

  • The Contractor shall present a graph of cumulative milestone values over the entire program duration, indicating the Milestone Payment Plan amounts, and the cumulative amounts approved to dates.

  • The Milestone Payment Plan will be modified to reflect the increase of Spacecraft Price within thirty (30) Days.

  • All payments due by Aireon to Contractor shall be invoiced in accordance with the Milestone Payment Plan and this Article 7.1. Payments associated with any Options exercised by Aireon shall be invoiced in accordance with the relevant payment plan for such Option(s) and Article 5.1.

  • In lieu of committing to a cash payment, Letter of Credit or Security Agreement under Paragraphs 5.1.2(a), (b), (c), (d), or (e), Customer may provide financial information, which, in the sole discretion of Contractor, is satisfactory for Contractor to allow Customer to make payments under the Milestone Payment Plan set forth in Attachment 7.

  • Payment by Customer to Contractor of the amount due for each Spacecraft (less Performance Incentives) and other Deliverable Items as specified in items 1 through 5, 8 and 9 in Tables 4.1.1 - 4.1.5 of this Contract (as may be adjusted pursuant to Paragraph 4.3.1) shall be made in accordance with the Milestone Payment Plan for such Spacecraft and the conditions specified therein.

  • NSS undertakes that, as soon as practicable following its receipt from Contractor of the refunded amounts of the Milestone Payment Plan referenced in Section 2.3(a) of the MOU, it shall apply such portion thereof towards prepayment of outstanding term loans under the NSS Credit Agreement as is required so as to ensure that the NSS Credit Agreement Amendment becomes effective within twenty-four (24) hours of receipt by NSS of such refunded amounts.

  • EXECUTION VERSION The Parties agree that in the event that the Launch Vehicle selected by Purchaser is other than Ariane, the Schedule 1, SATMEX 8 Milestone Payment Plan for Firm Fixed Price will be adjusted accordingly and such adjustment shall be reflected in the SPSR completion milestone under the Schedule 1, SATMEX 8 Milestone Payment Plan for Firm Fixed Price.

  • Contractor shall not submit invoices for a Spacecraft, the amounts of which, when paid, will cause the total amount paid under the Contract with respect to such Spacecraft to exceed the aggregate sum scheduled to be paid with respect to such Spacecraft to that point in time as provided in the Milestone Payment Plan.

  • Payments by Purchaser to Contractor of the Firm Fixed Price set forth in Article 4 shall be made in accordance with the Payment Plan set forth in Schedule 1, SATMEX 8 Milestone Payment Plan for Firm Fixed Price, hereto.

  • The total price to be paid by Aireon to Contractor for the Work to be performed under this Agreement, including all of the Deliverable set forth in the Statement of Work, shall be a total firm fixed price of One Hundred Fourteen Million Seven Hundred Thousand U.S. dollars (U.S. $114,700,000.00) (the “Firm Fixed Price”), to be paid in accordance with the Milestone Payment Plan.


More Definitions of Milestone Payment Plan

Milestone Payment Plan means a plan according to which Contractor earns Milestone Payments during the Work in accordance with the provisions of Article 12 and Exhibit E and Exhibit F.
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Related to Milestone Payment Plan

  • 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;

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

  • Milestone Payments has the meaning set forth in Section 4.2.

  • Sales Milestone Payment has the meaning set forth in Section 8.3.1.

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

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

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

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

  • 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 Event has the meaning set forth in Section 8.4.

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

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

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

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

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

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

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

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • Development Plan has the meaning set forth in Section 3.2.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Development Plans has the meaning set forth in Section 3.2.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Phase I Clinical Study means, as to a particular Licensed Product, an initial clinical study in humans with the purpose of assessing the Licensed Product’s safety, tolerability, toxicity, pharmacokinetics or other pharmacological properties.