Performance Payments. Within [**] of achieving each of the research milestones listed below, Genentech shall pay to Lexicon the following amounts: [**]
Performance Payments. The Enterprises shall pay Performance Payments to Developer commencing on the Performance Payment Start Date, as calculated in accordance with Part 2 of Schedule 6 (Performance Mechanism). All Performance Payments made from the Performance Payment Start Date through the Milestone Completion Date for Milestone 5B (collectively, the “Banked MPP”) shall be deposited by the Enterprises in a restricted account or subaccount held by the Collateral Agent under the Financing Documents (the “5A Blocked Account”). Except (a) to the extent permitted by Section 27.3 (including as a result of any foreclosure or other enforcement of any security interest that Developer is permitted to grant or create pursuant to Section 27.3 or the occurrence of any Insolvency Event or similar event with respect to the Developer) or (b) upon the exercise of a termination right under this Agreement, the Developer shall not draw on or otherwise access the Banked MPP held in the 5A Blocked Account prior to achieving the Milestone Completion Date for Milestone 5B. Upon achieving Milestone Completion with respect to Milestone 5B (as evidenced by the issuance of a Milestone Completion Certificate for Milestone 5B), Developer shall be entitled to unrestricted access to the Banked MPP held in the 5A Blocked Account. Following Milestone Completion with respect to Milestone 5B, the Enterprises shall deposit the Performance Payments to such account as may be designated by the Developer in the relevant Payment Request or by the Collateral Agent pursuant to the Lenders Direct Agreement.
Performance Payments. Within 30 days following the date that the Facility achieves the Performance Thresholds set forth on Exhibit G attached hereto, the Buyer shall pay to Seller, as provided in Section 2.2, amounts equal to the applicable Performance Payment set forth on Exhibit G attached hereto.
Performance Payments. Schedule 4.7 to the Agreement is hereby deleted and replaced in its entirety with Schedule 4.7 attached hereto.
Performance Payments. During each month of the Term, a Performance Payment will be available to Anker in an amount equal to [_ _ _ _], after giving effect to the provisions of the Third Amendment to the Coal Supply Agreement providing for quarterly adjustment of the Base Escalator. The Performance Payment available to Anker will be payable to Anker after the end of each month if Anker has fully performed its obligations for that month in accordance with the terms of the CSA and this Agreement. In any month in which Anker has not fully performed its obligations under the CSA and this Agreement, the Performance Payment otherwise available under the terms of this Agreement will be forfeited.
Performance Payments. (i) In further consideration of the performance by Provider of the Services, in the event the Company becomes Publicly Traded, the Company shall pay to Provider upon each occurrence of a Vesting Event (as defined below) Five Million United States Dollars ($5,000,000 USD) (a “Performance Payment”).
Performance Payments. 9.1 The Owner shall pay to the Contract Rearer the fees set out in Clause 2 of the First Schedule of this agreement at the time and in the manner set out there.
Performance Payments. G.1.2.1 Detailed procedures for performance based payments will be mutually developed and agreed to between the Contractor and the Administrative Contracting Officer. That agreement will be documented by a Contractor Performance Billing Procedure and will, as a minimum, define a procedure that identifies performance payment billings to the Contract ACRN level by each vehicle invoiced.
Performance Payments. DCF has defined a set of program outcomes for which it will issue performance payments. After receiving SPARC online portal entries of W-2 Contractor expenses, DCF will pay the W-2 Contractor an agreed-upon amount for each performance outcome attained up to the maximum budget for that outcome. DCF will calculate the performance outcome payment amount based upon the number of approved claims in CARES. Program outcomes for which DCF will issue performance payments are:
Performance Payments. Within [**] of achieving each of the research milestones listed below, Genentech shall pay to Lexicon the following amounts: [**] Lexicon acknowledges that, as of the Second Restatement Date, the fees set forth in Sections 8.2[**] have been timely paid by Genentech.
