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. 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. 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. 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 prepare and submit an MPS (along with the IMS) in hardcopy (baseline submittal after award only) and in electronic format (Microsoft Excel). The MPS will be negotiated during development of the PMP and approved by the COR. The following are minimum AF 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. Note that the performance period of any individual CLIN/Sub-CLIN shall not be more than five (5) years. Organized in a WBS aligned with the CLINs/Sub-CLINs in Section L of the solicitation and the Milestone Payment Schedule and includes the following columns: Installation Name: Identify EESOH-MIS Installation Name per Table 1 Site Number: Identify EESOH-MIS Site Number per Table 1 and Site Alias, if applicable CLIN/Sub-CLIN: Identify CLIN and/or Sub-CLIN per Section L of the solicitation and the Milestone Payment Schedule (see template in Section J). 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 Milestone Payment Identification Number: Include unique number assigned to each milestone payment for tracking purposes Milestone Payment Description: Include detailed description of definable and measurable step considered integral and necessary to the achievement of the CLIN/Sub-CLIN objective and/or Performance Objective Milestone Payment Amount: Include negotiated amount ensuring the sum of all milestone payments equals the value of the CLIN/Sub-CLIN per Section L of the solicitation Milestone Payment Percentage: Include percentage of the milestone payment in relation to the total CLIN/Sub-CLIN value. The final payment milestone(s) within a CLIN/Sub-CLIN demonstrating achievement of the CLIN/Sub-CLIN objective must be a minimum of 20% of the total CLIN/Sub-CLIN value. This may include both the AF and USACE approved and regulator approved versions Completion Date: Document completion date for each milestone payment consistent with the Finish date presented in the IMS Percent Complete: Identify completion status (0% or 100%) of all milestone payments as approved by the COR Invoice Number: Clearly indicate the in...
Milestone Payment Schedule. Subject to the provisions of this Section 9.3 and Seller's compliance herein, Buyer shall make Milestone Payments to Seller in accordance with the provisions herein on account of the Purchase Price in an amount equal to the Milestone Payment for those Milestones that Seller has completed in accordance with this Agreement and for which Seller has not previously been paid. Each Milestone Payment is included in the Milestone Payment Schedule attached as Exhibit D ("Milestone Payment Schedule") and the Milestone Payment corresponding to a Milestone Payment shall be due and payable only to the extent it is supported by the completion of that corresponding Work for the Milestone Payment.
Milestone Payment Schedule. All payments under this Contract shall be made upon receipt of a complete invoice from VJF in accordance with the payment schedule below: 1 Reservation Agreement December 19, 2003 $ 1,060,000 2 Pre-Flight Guarantee April 30, 2004 $ 250,000 3 Launch of TBU and GCF Unit 1 July 15, 2004 $ 250,000 4 GCF Mission 1 (GCF experiment #4) Completion of Operations November 15, 2004 $ 350,000 5 GCF Mission 2 (GCF experiment #4) Completion of Operations May 15, 2005 $ 370,000 6 GCF Mission 3 (GCF experiment #5) Completion of Operations November 15, 2005 $ 370,000
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.
Milestone Payment Schedule. Invoices shall be approved for payment after completion and acceptance of the Milestone(s) below. Milestone Date Amount --------- ---- ------ Start of Project November 1, 2001 $35,550 Delivery of Stirling Generator set June 1, 2002 $35,550 Six (6) months after delivery of Stirling Generator set December 1, 2002 $7,900
