Common use of Milestone Dates Clause in Contracts

Milestone Dates. Schedules shall include dates on which significant tasks, activities, events, and key progress points of the Work are to be accomplished – all of which are to be established by UGAA and Design-Builder at the time of execution of this Agreement (“Milestone Dates”). Design-Builder’s satisfaction of Milestone Dates is a material obligation of this Agreement and a condition precedent to UGAA’s obligation to pay.

Appears in 3 contracts

Samples: Standard Form of Agreement, Design Build Agreement, Construction Contract

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Milestone Dates. Schedules shall include dates on which significant tasks, activities, events, and key progress points of the Work are to be accomplished – all of which are to be established by UGAA and Design-Builder Contractor at the time of execution of this Agreement (“Milestone Dates”). Design-BuilderContractor’s satisfaction of Milestone Dates is a material obligation of this Agreement and a condition precedent to UGAA’s obligation to pay.

Appears in 1 contract

Samples: Construction Contract

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