Completion Targets Sample Clauses

Completion Targets. (a) Supplier shall cause the Project Owner to notify Wheaton in writing promptly: (i) following the achievement of completion of items (i) through (iii) of the definition of “Blitz Underground Development” on or prior to [***], and completion of item (iv) of the definition of “Blitz Underground Development” on or prior to [***] (collectively, “Completion Target No. 1”); (ii) following the achievement of completion of the Blitz Surface Development on or prior to [***] (“Completion Target No. 2”); and (iii) as soon as practical, and in any event at least ten (10) Business Days prior to the commencement of any test undertaken to determine completion of the Stillwater Concentrator Upgrade, as to be evidenced by the processing of an average of not less than [***] per day through the concentrator at the Stillwater Mill for a period of forty-five (45) consecutive days to be conducted prior to [***] (“Completion Target No. 3”), where [***] will be monitored for the purpose of determining whether Completion Target No. 3 has been achieved. [***]. Wheaton shall be entitled to have representatives present during such test in accordance with Section 6.4. Supplier shall cause the Project Owner to notify Wheaton in writing promptly following the achievement of Completion Target No. 3. (b) Concurrently with any notice given to Wheaton of the achievement of any Completion Target pursuant to Section 4.2(a), and in any event within ten (10) Business Days following the achievement of any Completion Target, Supplier shall deliver or cause to be delivered to Wheaton a certificate signed by a director or senior officer of the Project Owner (a “Completion Certificate”) certifying: (i) that such Completion Target has been achieved; (ii) in the case of Completion Target No. 3, [***]; and (iii) copies or extracts from the Books and Records supporting the achievement of such Completion Target. Such Completion Target shall be deemed to have been achieved on the date of the relevant Completion Certificate unless Wheaton delivers to Supplier within thirty (30) days of its receipt of such Completion Certificate a written notice that it has reasonable grounds for believing such Completion Target has not been achieved, in which case the matter will be determined in accordance with the provisions of Section 10.9. (c) If Completion Target No. 3 is not achieved [***], Supplier shall deliver or cause to be delivered to Wheaton a certificate signed by a director or senior officer of the Project...
Sample 1
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Related to Completion Targets

  • Project Specific Milestones In addition to the milestones stated in Section 212.5 of the Tariff, as applicable, during the term of this ISA, Interconnection Customer shall ensure that it meets each of the following development milestones: 6.1 Substantial Site work completed. On or before December 31, 2020 Interconnection Customer must demonstrate completion of at least 20% of project site construction. At this time, Interconnection Customer must submit to Interconnected Transmission Owner and Transmission Provider initial drawings, certified by a professional engineer, of the Customer Interconnection Facilities. 6.2 Delivery of major electrical equipment. On or before December 31, 2021, Interconnection Customer must demonstrate that all generating units have been delivered to Interconnection Customer’s project site.

  • Development Milestones In addition to its obligations under Paragraph 7.1, LICENSEE specifically commits to achieving (either itself or through the acts of a SUBLICENSEE) the following development milestones in its diligence activities under this AGREEMENT: (a) (b).

  • Project/Milestones Taxpayer provides refrigerated warehousing and logistic distribution services to clients throughout the United States. In consideration for the Credit, Taxpayer agrees to invest in a new refrigeration and distribution facility in the XxXxxxxxx Park area of Sacramento, California, and hire full-time employees (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the salary of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

  • Milestone Schedule Please state the status and progress of each Milestone and identify any completed Milestone(s) for the previous calendar quarter.

  • Targets and Milestones You may choose to develop specific additional targets and milestones which assess your performance in ITT over time – particularly if ITT trainees make up a significant proportion of your overall student body. Alternatively, you may have targets and milestones in your existing 2012-13 access agreement which you now also wish to apply to undergraduate and/or postgraduate ITT trainees. These targets may be statistical – based on how representative your entrants are and/or your retention performance – and might include annual or interim milestones to help you monitor whether you are making progress. You may wish to include criteria around the numbers of trainees in receipt of a full or partial maintenance grant, as financial data will need to be collected to determine bursary support and the data will also be accessible through the Student Loans Company for HEBSS subscribers. You may also wish to consider the TDA guidance at Annex C which gives information on specific groups that are underrepresented in the teaching profession.

  • Project Goals The schedule, budget, physical, technical and other objectives for the Project shall be defined.

  • Project Work Plan The Statement of Work is the formal document incorporated into the Grant. The Project Work Plan documents how the Grantee will achieve the performance measures outlined in the Grant. Changes to the Statement of Work require an amendment. Project Work Plans may be changed with written approval from PEI and the Grantee.

  • Project Schedule Construction must begin within 30 days of the date set forth in Appendix A, Page 2, for the start of construction, or this Agreement may become null and void, at the sole discretion of the Director. However, the Recipient may apply to the Director in writing for an extension of the date to initiate construction. The Recipient shall specify the reasons for the delay in the start of construction and provide the Director with a new start of construction date. The Director will review such requests for extensions and may extend the start date, providing that the Project can be completed within a reasonable time frame.

  • Milestones Subject to the provisions of the SGIP, the Parties shall agree on milestones for which each Party is responsible and list them in Attachment 4 of this Agreement. A Party’s obligations under this provision may be extended by agreement. If a Party anticipates that it will be unable to meet a milestone for any reason other than a Force Majeure event, it shall immediately notify the other Parties of the reason(s) for not meeting the milestone and (1) propose the earliest reasonable alternate date by which it can attain this and future milestones, and (2) requesting appropriate amendments to Attachment 4. The Party affected by the failure to meet a milestone shall not unreasonably withhold agreement to such an amendment unless it will suffer significant uncompensated economic or operational harm from the delay, (1) attainment of the same milestone has previously been delayed, or (2) it has reason to believe that the delay in meeting the milestone is intentional or unwarranted notwithstanding the circumstances explained by the Party proposing the amendment.

  • Development Schedule The Project shall substantially comply with the specific timetables and triggers for action set forth in Article 5 of this Agreement. The parties acknowledge that, as provided in G.S. 160A-400.25(b), the failure to meet a commencement or completion date shall not, in and of itself, constitute a material breach of this Agreement pursuant to G.S. 160A-400.27 but must be judged based upon the totality of the circumstances.

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