Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.
Performance Milestone means any of the milestones described in Section A2 (Performance Milestones) of attached Exhibit A (Start-Up License Schedule).
Examples of Performance Milestone in a sentence
Maximum Available Funding: $XXX,XXX.00 Project: The development of [project description] -No Further Text on this Page- No. Description of Performance Milestones The Amount indicated shall be paid upon: Amount of funds allocated and payable to Contractor upon completion of each Performance Milestone.
More Definitions of Performance Milestone
Performance Milestone means an act or event specified below in section 5.1 and described in section 9 of the EPLA.
Performance Milestone means satisfaction of each of the following events: (a) no default or Event of Default shall have occurred and be continuing; and (b) Borrower shall have received after the Closing Date and on or prior to March 31, 2020, an amount equal to at least Fifty Million Dollars ($50,000,000) in unrestricted (including, not subject to any redemption, clawback, escrow or similar encumbrance or restriction other than in the case the Permitted Convertible Debt Financing) net cash proceeds from one or more bona fide equity financings, Subordinated Indebtedness (which, for the avoidance of doubt, may include the net proceeds received from any Permitted Convertible Debt Financing) and/or upfront or other milestone proceeds from business development transactions permitted under this Agreement, in each case subject to verification by Agent (including supporting documentation reasonably requested by Agent).
Performance Milestone has the meaning set forth in Section 8.3.
Performance Milestone means an act or event specified in section 5.1 of this Agreement and described in section A2 of attached Exhibit A.
Performance Milestone means any of the milestones described in Section A2 “Performance Milestones” of attached Exhibit A “Start-Up License Schedule”.
Performance Milestone means satisfaction of each of the following: (a) no Event of Default shall have occurred and be continuing, and (b) Borrower has delivered to Agent evidence satisfactory to Agent in Agent’s sole discretion that any one of the following has occurred on or prior to June 30, 2020 (which confirmation may require supporting documentation reasonably requested by Agent); (i) the Equity Event, (ii) the Clinic Level Equity Event, (iii) the Clinic Level Event, or (iv) the Capital Event.