XM NRE Funding and Chipset Development Timetable Sample Clauses

XM NRE Funding and Chipset Development Timetable. 2.2.1 For the full, satisfactory and timely design, development and manufacture of mass producible XM Chipsets in accordance with the XM Format, XM agrees to provide funding to ST for design and non-recurring engineering expenses (collectively "NRE Funding") as follows: (a) [*****] ----------- payable upon the completion of certain milestones, (b) up to an additional [*****] payable only if and to the extent that such milestones are completed on or prior to the applicable deadlines, and (c) up to an additional [*****] in accordance with Article 2.2.4 hereof. Each base milestone payment shall be made in connection with the attainment of the related milestone; a bonus amount shall be paid only if the related milestone shall be attained on or prior to the related deadline, and an incentive bonus shall be paid only to the extent that an appropriate milestone is attained prior to the related deadline (measured in increments of whole weeks). Notwithstanding the foregoing, bonus amounts shall be payable if a related milestone is achieved on a delayed basis due to the fault of XM or any supplier to XM other than ST (such a delay, a "No-Fault Delay"), and the availability of any related Incentive Bonus Amount shall be determined as if such No-Fault Delay shall not have occurred. In the event that it becomes impossible for ST to meet a milestone deadline due to delays caused by XM or a contractor of XM participating in the development and construction of the XM System (due to, the untimely delivery of a workable chipset specification, the unavailability of [*****], the production of materials required by XM under Article 2.2.4, or otherwise), the Parties shall discuss the appropriate adjustment, if any, to the milestone, bonus and incentive bonus deadlines set forth below. Furthermore, in the event that the Parties determine that it is appropriate to revise the sequence of tasks to be completed by ST in connection with the Work, then the Parties shall agree upon a revised milestone table, which may vary the ***** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. milestones, deadlines, and amounts from that set forth below, but which shall retain the total base milestone amount, total bonus amount and total incentive bonus amount set forth below. Milestone Deadline Base Milestone Incentive Bonus Amount Amount --------------...
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Related to XM NRE Funding and Chipset Development Timetable

  • Curriculum Development This includes the analysis and coordination of textual materials; constant review of current literature in the field, some of which are selected for the college library collection, the preparation of selective, descriptive materials such as outlines and syllabi; conferring with other faculty and administration on curricular problems; and, the attendance and participation in inter and intra-college conferences and advisory committees.

  • Program Development NWESD agrees that priority in the development of new applications services by XXXXX shall be in accordance with the expressed direction of the XXXXX Board of Directors operating under their bylaws.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement. a. Develop a Work Breakdown Structure (WBS) for each project. b. Evaluate Scope Statement to develop a preliminary cost estimate and determinate whether project be vendor bid or be executed under a Job Order Contract (JOC).

  • Synchronization, Commissioning and Commercial Operation 4.1.1 The Power Producer shall give at least fifteen (15) days written notice to the SLDC / ALDC / DISCOM as the case may be, of the date on which it intends to synchronize the Power Project to the Grid System. 4.1.2 Subject to Article 4.1.1, the Power Project may be synchronized by the Power Producer to the Grid System when it meets all the connection conditions prescribed in the Grid Code and otherwise meets all other Indian legal requirements for synchronization to the Grid System. 4.1.3 The synchronization equipment and all necessary arrangements / equipment including Remote Terminal Unit (RTU) for scheduling of power generated from the Project and transmission of data to the concerned authority as per applicable regulation shall be installed by the Power Producer at its generation facility of the Power Project at its own cost. The Power Producer shall synchronize its system with the Grid System only after the approval of GETCO / SLDC / ALDC and GEDA. 4.1.4 The Power Producer shall immediately after each synchronization / tripping of generator, inform the sub-station of the Grid System to which the Power Project is electrically connected in accordance with applicable Grid Code. 4.1.5 The Power Producer shall commission the Project within SCOD. 4.1.6 The Power Producer shall be required to obtain Developer and/ or Transfer Permission, Key Plan drawing etc, if required, from GEDA. In cases of conversion of land from Agricultural to Non-Agriculture, the commissioning shall be taken up by GEDA only upon submission of N.A. permission by the Power Producer. 4.1.7 The Power Producer shall be required to follow the Forecasting and Scheduling procedures as per the Regulations issued by Hon’ble GERC from time to time. It is to clarify that in terms of GERC (Forecasting, Scheduling, Deviation Settlement and Related Matters of Solar and Wind Generation Sources) Regulations, 2019 the procedures for Forecasting, Scheduling & Deviation Settlment are applicable to all solar generators having combined installed capacity above 1 MW connected to the State Grid / Substation including those connected via pooling stations.

  • Development Schedule The Project shall substantially comply with the specific timetables and triggers for action set forth in Article 5 of this Agreement. The parties acknowledge that, as provided in G.S. 160A-400.25(b), the failure to meet a commencement or completion date shall not, in and of itself, constitute a material breach of this Agreement pursuant to G.S. 160A-400.27 but must be judged based upon the totality of the circumstances.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Project Timeline The Project Timeline establishes a start and end date for each Phase of the Project. Developed during the Initiate & Plan Stage and revised as mutually agreed to, if needed, the timeline accounts for resource availability, business goals, size and complexity of the Project, and task duration requirements.

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK

  • Joint Development If joint development is involved, the Recipient agrees to follow the latest edition of FTA Circular 7050.1, “Federal Transit Administration Guidance on Joint Development.”

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