Common use of Milestone Payments Clause in Contracts

Milestone Payments. The Investment will be paid over time in accordance with the critical Milestones as set out in Schedule D. A Project may have one or more Milestones, to be disbursed throughout the Term of this Investment Agreement, unless an extension is agreed to by the Parties. Upon completion of a Milestone, the Applicant is required to submit a Progress Report or Final Report (as the case may be) to Alberta Innovates. If a payment of the Investment is indicated in Schedule D at the Project Start Date, the Applicant shall detail all expenditures related to such funds in the Progress Report due on the completion of Milestone 1.

Appears in 4 contracts

Samples: Investment Agreement (Adven Inc.), Investment Agreement, Investment Agreement (Adven Inc.)

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Milestone Payments. The Investment will be paid over time in accordance with the critical Milestones as set out in Schedule D. A Project may have one or more Milestones, to be disbursed throughout the Term of this Investment Agreement, unless an extension is agreed to by the Parties. Upon completion of a Milestone, the Applicant is required to submit a Progress Report or Final Report (as the case may be) to Alberta Innovates. If a payment of the Investment is indicated in Schedule D at the Project Start Date, the Applicant shall detail all expenditures related to such funds in the Progress Report due on the completion of Milestone 1.

Appears in 4 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

Milestone Payments. The Investment will be paid over time in accordance with the critical Milestones as set out in Schedule D. A Project may have one or more Milestones, to a maximum of six (6), to be disbursed throughout the Term of this Investment Agreement, unless an extension is agreed to by the Parties. Upon completion of a Milestone, the Applicant is required to submit a Progress Report or Final Report (as the case may be) to Alberta Innovates. If a payment of the Investment is indicated in Schedule D at the Project Start Date, this amount must be spent in full by the Milestone 1 End Date, and the Applicant shall detail all expenditures related to such funds in the Progress Report due on the completion of Milestone 1.

Appears in 2 contracts

Samples: Investment Agreement, Investment Agreement

Milestone Payments. The Investment will be paid over time in accordance with the critical Milestones as set out in Schedule D. A Project may have one or more Milestones, to a maximum of ##, to be disbursed throughout the Term of this Investment Agreement, unless an extension is agreed to by the Parties. Upon completion of a Milestone, the Applicant is required to submit a Progress Report or Final Report (as the case may be) to Alberta Innovates. If a payment of the Investment is indicated in Schedule D at the Project Start Date, the Applicant shall detail all expenditures related to such funds in the Progress Report due on the completion of Milestone 1.

Appears in 2 contracts

Samples: Investment Agreement, Investment Agreement

Milestone Payments. The Investment will be paid over time in accordance with the critical Milestones as set out in Schedule D. A Project may have one or more Milestones, to a maximum of six (6), to be disbursed throughout the Term of this Investment Agreement, unless an extension is agreed to by the Parties. Upon completion of a Milestone, the Applicant is required to submit a Progress Report or Final Report (as the case may be) to Alberta Innovates. Innovates If a payment of the Investment is indicated in Schedule D at the Project Start Date, this amount must be spent in full by the Milestone 1 End Date, and the Applicant shall detail all expenditures related to such funds in the Progress Report due on the completion of Milestone 1.

Appears in 1 contract

Samples: Investment Agreement

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Milestone Payments. The Investment will be paid over time in accordance with the critical Milestones as set out in Schedule D. A Project may have one or more Milestones, to a maximum of six (6), to be disbursed throughout the Term term of this Investment Agreement, unless an extension is agreed to by the Parties. Upon completion of a Milestone, the Alberta Applicant is required to submit a Progress Report or Final Report (as the case may be) to Alberta Innovates. If a payment of the Investment is indicated in Schedule D at the Project Start Date, this amount must be spent in full by the Milestone 1 End Date, and the Applicant shall detail all expenditures related to such funds in the Progress Report due on the completion of Milestone 1.

Appears in 1 contract

Samples: Investment Agreement

Milestone Payments. The Investment will be paid over time in accordance with the critical Milestones as set out in Schedule D. A Project may have one or more Milestones, to a maximum of XXXXX, to be disbursed throughout the Term of this Investment Agreement, unless an extension is agreed to by the Parties. Upon completion of a Milestone, the Applicant is required to submit a Progress Report or Final Report (as the case may be) to Alberta Innovates. If a payment of the Investment is indicated in Schedule D at the Project Start Date, this amount must be spent in full by the Milestone 1 End Date, and the Applicant shall detail all expenditures related to such funds in the Progress Report due on the completion of Milestone 1.

Appears in 1 contract

Samples: Investment Agreement

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