ISSUE OF MILESTONE ACHIEVEMENT CERTIFICATE Sample Clauses

ISSUE OF MILESTONE ACHIEVEMENT CERTIFICATE. The Authority shall issue a Milestone Achievement Certificate in respect of a given Milestone as soon as is reasonably practicable following: the issuing by the Authority of Test Certificates and/or conditional Test Certificates in respect of all Deliverables related to that Milestone which are due to be Tested; and performance by the Supplier to the reasonable satisfaction of the Authority of any other tasks identified in the Implementation Plan as associated with that Milestone (which may include the submission of a Deliverable that is not due to be Tested, such as the production of Documentation). The grant of a Milestone Achievement Certificate shall entitle the Supplier to the receipt of a payment in respect of that Milestone in accordance with the provisions of Schedule 7 (Charges and Invoicing). If a Milestone is not Achieved, the Authority shall promptly issue a report to the Supplier setting out: the applicable Test Issues ; and any other reasons for the relevant Milestone not being Achieved. If there are Test Issues but these do not exceed the Test Issues Threshold, then provided there are no Material Test Issues, the Authority shall issue a Milestone Achievement Certificate. Without prejudice to the Authority’s other remedies the following shall constitute a Notifiable Default for the purposes of Clause 27.1 (Rectification Plan Process) and the Authority shall refuse to issue a Milestone Achievement Certificate where: there is one or more Material Test Issue(s); or the information required under Schedule 8.4 (Reports and Records Provisions) Annex 3 (Virtual Library) has not been uploaded to the Virtual Library in accordance with Paragraph 3 of that Schedule. If there are Test Issues which exceed the Test Issues Threshold but there are no Material Test Issues, the Authority may at its discretion (without waiving any rights in relation to the other options) choose to issue a Milestone Achievement Certificate conditional on the remediation of the Test Issues in accordance with an agreed Rectification Plan provided that: any Rectification Plan shall be agreed before the issue of a conditional Milestone Achievement Certificate unless the Authority agrees otherwise (in which case the Supplier shall submit a Rectification Plan for approval by the Authority within 10 Working Days of receipt of the Authority’s report pursuant to Paragraph 13.3); and where the Authority issues a conditional Milestone Achievement Certificate, it may (but shall not be oblig...
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ISSUE OF MILESTONE ACHIEVEMENT CERTIFICATE. 10.1 The Framework Authority shall issue a Milestone Achievement Certificate in respect of: (a) a SOP Milestone as soon as reasonably practicable following: (i) receipt from the Contractor of Milestone Achievement Certificates issued by the Customers in respect of each of the SOP Milestones; and (ii) demonstration by the Contractor that all tasks in the Transformation Plan associated with the SOP Milestone (which may include the submission of a Deliverable that is not due to be Tested) have been completed in accordance with this Framework Agreement or the relevant Call-Off Agreement; and (b) the Transformation Complete Milestone as soon as is reasonably practicable following demonstration by the Contractor that all tasks in the Transformation Plan associated with the Transformation Complete Milestone (which may include the submission of a Deliverable that is not due to be Tested) have been completed in accordance with this Framework Agreement or, where applicable, the relevant Call- Off Agreement. 10.2 In respect of SOP Payment Milestones and SOP Reconciliation Milestones, the grant of a Milestone Achievement Certificate will entitle the Contractor to the receipt of a payment in respect of that SOP Payment Milestone or SOP Reconciliation Milestones in accordance with the provisions of Schedule 3.1 (Charges and Invoicing).
Sample 1
ISSUE OF MILESTONE ACHIEVEMENT CERTIFICATE. 12.1 UK Biobank shall issue a Milestone Achievement Certificate as soon as is reasonably practicable following: 12.1.1 the issuing by UK Biobank of Test Certificates and/or conditional Test Certificates in respect of all Deliverables related to the Milestone concerned; and 12.1.2 performance by the Service Provider to the reasonable satisfaction of UK Biobank of any other tasks identified in the Implementation Plan as associated with the Milestone concerned (which may include the submission of a Deliverable that is not due to be Tested, such as the production of Documentation).
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Related to ISSUE OF MILESTONE ACHIEVEMENT CERTIFICATE

  • 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).

  • Development Milestone Payments Facet shall make milestone payments (each a “Milestone Payment”) to Trubion based on the first achievement of each milestone event in the Field, in the Territory for each Product as set forth in this Section 9.3. No Milestone Payment shall be made twice with respect to the same Product. For the purposes of this Section 9.3, two Products are deemed the “same Product” if one Product contains, as its active pharmaceutical ingredient, [ * ]. Facet shall pay to Trubion the amounts set forth below, within [ * ] after the first achievement of the corresponding milestone event with respect to the Product. Each Milestone Payment is non-refundable and non-creditable against any other payments due hereunder, provided that if the Development of a Product is abandoned, any Milestone Payments made with respect to such abandoned Product may be credited against the corresponding Milestone Payments payable on a Product which achieves such milestones after the abandonment of the other Product. For the purposes of this Section 9.3, the “[ * ]” of a Clinical Trial shall occur upon [ * ], “[ * ]” and “[ * ]” shall be [ * ] or, [ * ]. Notwithstanding anything to the contrary in this Agreement, if Trubion is deemed pursuant to Section 14.2(b) to have exercised its Opt-Out Option with respect to all Products on account of an uncured material breach by Trubion, the amount of the milestone payments due pursuant to this Section 9.3 with respect to milestone events achieved by all Products after Facet has provided Trubion with written notice of continuation in accordance with Section 14.2(b) shall be reduced by [ * ]. [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ] [ * ] $ [ * ]

  • 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.

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