CP Milestone Extension Date has the meaning set forth in Section 4.6.
First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.
Milestone Date means the date set against the relevant Milestone in the Implementation Plan;
Milestone Event has the meaning set forth in Section 8.2.1.
Development Milestone Event has the meaning set forth in Section 7.2.1.
Time Extension shall have the meaning set forth in Clause 10.5;
Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.
Milestone Events has the meaning set forth in Section 7.2.
Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.
Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.
Milestone Payment Date has the meaning set forth in Section 2.4(a).
Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).
Debt service extension base means an amount equal to that
Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.
Development Milestone Payment shall have the meaning set forth in Section 9.2(a).
EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").
Development Milestone is defined in Section 5.3.
Sales Milestone Payment shall have the meaning set forth in Section 8.4.
Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.
Minimum Extension Condition has the meaning specified in Section 2.15(b).
Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.
Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;
Line Extension means the provision of facilities (including, but not limited to, poles, fixtures, wires, and appurtenances) necessary for delivering electrical energy from the point of origin to one or more of the customer's points of delivery. Facilities provided by the Company to maintain, protect, upgrade, or improve its overall distribution system (even if necessary due to a customer's load addition) are not considered part of a line extension.
Extension Effective Date has the meaning specified in Section 2.06(c).
Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.
First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.
Resolution Extension Period As defined in Section 2.03(b).