Milestone Payment Schedule. Consolidated annual Net Sales level(s) of Licensed Products in the Territory to which milestone payments shall be applied Amount of one-time milestone payment per consolidated annual Net Sales level(s) Net Sales greater than [*] [*] Net Sales greater than [*] [*] Net Sales greater than [*] [*] Net Sales greater than [*] [*]
Milestone Payment Schedule. Contractor shall be paid in accordance with the Milestone Payment Schedule as set forth in Exhibit I. Each Milestone Payment shall be due and payable only to the extent it is supported by the completion of the corresponding individual Milestones. Each Milestone does not represent the cost of the Work included in such Milestone; accordingly, the Milestone Payments do not represent an actual measure of the progress of the Work. For the avoidance of doubt, any dates set forth in Exhibit I for the achievement of a Milestone are indicative only and shall not affect Contractor’s right to invoice or receive payment for a Milestone Payment for the achievement of the corresponding Milestone in any particular month.
Milestone Payment Schedule. The Project Agreement Holder shall document the accomplishments of each Project Payable Milestone under each Project Agreement. Acceptance of Milestones shall be contingent upon approval from the Government Agreements Officer Representative (AOR) detailed in Clause No. 9, Technical and Administrative Representatives. Milestone payments will be paid in the amount indicated in the attached Milestone Payment Schedule (Attachment A).
Milestone Payment Schedule. Contractor shall be paid in accordance with the Milestone Payment Schedule as set forth in Exhibit I. Each Milestone Payment shall be due and payable only to the extent it is supported by the completion of the corresponding individual Milestones. Each Milestone does not represent the cost of the Work included in such Milestone; accordingly, the Milestone Payments do not represent an actual measure of the progress of the Work. For the avoidance of doubt, the Milestone Dates are indicative only and shall not affect Contractor’s right to invoice or receive payment for a Milestone Payment for the achievement of the corresponding Milestone in any particular month.
Milestone Payment Schedule. The Milestone Payment Schedule contained in --------------------------- Exhibit III establishes that portion of the compensation allocated to the various milestones set forth in the Milestone Payment Schedule, identifies portions of the Services for purposes of determining WFI's entitlement to Milestone Payments, and to the best of WFI's knowledge and judgment is a reasonable representation of milestones achieved during the calendar month. Upon attainment of each milestone, WFI shall submit an invoice to Metricom in accordance with Section 5.3.
Milestone Payment Schedule. Within 30 days of the Effective Date, Contractor shall provide a Milestone Payment Table acceptable to the Owner. the Milestone Payment Table shall reflect the projected monthly cash flow of payments contained in Exhibit D (“Projected Cash Flow”). The Milestone Payment Table shall not, on a cumulative basis, exceed the Projected Cash Flow at any time, and shall reflect specified performance milestones and percentages of Work completion which are to be met as conditions to such payments being made. Such Milestone Payment Table, as so provided and accepted, shall replace the Projected Cash Flow in Exhibit D.
Milestone Payment Schedule. The Contractor shall submit invoices to SCRRA according to the milestone payment schedule set forth in Exhibit B. Milestones shall be paid as a percentage of the total price for the Locomotives, including all system support but not including spare parts and special tools, which shall be paid for as set forth below. The Contractor shall submit no more than one invoice a month, unless previously approved by SCRRA, and each invoice may include any number and combination of milestone payments that are payable that month. No partial payments will be allowed unless prior approval is granted from SCRRA. Invoices may be submitted out of sequence, when all conditions of any Milestone are completed and accepted. Each invoice shall be submitted electronically and in hard copy and shall include: Agreement Number Milestone reached Sales Tax, as applicable Amount of Payment Requested Additional documentation as may be required by Authority’s Project Manager Invoice(s) received that do not include the required information will be returned by Authority without payment. Payments will be made within 30 days of Approval of invoice by the Authority’s Project Manager. The Authority has no obligation to pay for costs incurred or services rendered when the application for payment is submitted more than ninety (90) days after an applicable milestone is reached. In the event that the Authority should overpay Contractor, such overpayment shall not be construed as a waiver of Authority’s right to obtain reimbursement for the overpayment. Upon discovering any overpayment, either on its own or upon notice of Authority, Contractor shall immediately reimburse Authority the entire overpayment. Authority, at its discretion, may deduct any overpayment from Contractor’s future invoices. Contractor’s invoice for final payment shall indicate that all 1) material or equipment has been reviewed and accepted, 2) title has passed to Authority as required, 3) Contractor has performed in compliance with all terms and conditions of the Agreement, and 4) no claims, loss, or disputes remain unresolved. Upon receipt of payment from the Authority, Contractor releases the Authority from any further payment obligation. After final payment is made, Authority is under no obligation to accept or review claims made against this Agreement. Invoices may be submitted upon completion of a milestone, as listed in Exhibit B, or pursuant to the terms of any change order issued under Section 19. The invoice...
Milestone Payment Schedule. Contractor shall be paid in accordance with the Milestone Payment Schedule as set forth below . Each Milestone Payment shall be due and payable only to the extent it is supported by the completion of the corresponding individual Milestones. Each Milestone does not represent the cost of the Work included in such Milestone; accordingly, the Milestone Payments do not represent an actual measure of the progress of the Work. For the avoidance of doubt, any dates set forth in the table below for the achievement of a Milestone are indicative only and shall not affect Contractor’s right to invoice or receive payment for a Milestone Payment for the achievement of the corresponding Milestone in any particular month. Milestone Event Date Amount
Milestone Payment Schedule. Subject to the provisions of this Article 6, Owner shall make monthly payments to Contractor in accordance with Section 6.2 on account of the Contract Price in an amount equal to the Milestone Payment for those Milestones that Contractor has completed through the end of the previous month and for which Contractor has not previously been paid; provided, however, Contractor’s payments shall be subject to adjustment for holdbacks under Section 6.6. Each Milestone Payment shall be due and payable only to the extent it is supported by the completion of the corresponding individual Milestones. No Milestone Payment shall be made for any partially or improperly completed individual Milestones or for Work that remains subject to Owner’s review and approval in accordance with Section 11.2. Notwithstanding the foregoing, in no event shall the cumulative amount paid for any month exceed one hundred ten percent (110%) of the cumulative amounts of payments payable for such month set forth in the column labeled “Expected Milestone Value” on the Milestone Payment Schedule. Each Milestone does not represent the cost of the Work included in such Milestone; accordingly, the Milestone Payments do not represent an actual measure of the progress of the Work.
Milestone Payment Schedule. The Contractor shall prepare and submit an MPS monthly (along with the IMS) in hardcopy and in electronic format (Microsoft Excel). The MPS will be negotiated during development of the PMP and approved by the PM/COR. The following are minimum Government requirements for the MPS: • Presents appropriate milestone payments considered integral and necessary to the achievement of the POs. • Includes a reasonable number of milestone payments per CLIN/Sub-CLIN based on the scope and anticipated duration to achieve CLIN/Sub-CLIN objective and/or PO. • Organized in a WBS aligned with the CLINs/Sub-CLINs in Section B and includes the following columns: o CLIN/Sub-CLIN: Identify CLIN and/or Sub-CLIN per Section B of the contract. Note Sub-CLINs for compliance activities (routine regulatory requirements to comply with binding agreements) are denoted as ####CX and Sub-CLINs for performance activities (remedial advancement or progress towards the PO) are denoted as ####AX. o Installation Name: Identify EESOH-MIS Installation Name per Table 1. o Site Number: Identify EESOH-MIS Site Number per Table 1 and Site Alias, if applicable.
