CPP Milestone definition

CPP Milestone a contract performance point as set out in the Implementation Plan, being the Milestone at which the Supplier has demonstrated that the Supplier Solution or relevant Service is working satisfactorily in its operating environment in accordance with Schedule 6.2 (Testing Procedures);
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CPP Milestone means a contract performance point as set out in the Implementation Plan, being the Milestone at which the Service Provider has demonstrated that the relevant Service is working satisfactorily in its operating environment in accordance with Schedule 16 (Testing Procedures).
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CPP Milestone a contract performance point as set out in the Implementation Plan, being the Milestone at which the Supplier has demonstrated that the Supplier Solution or relevant Service is working satisfactorily in its operating environment in accordance with schedule 6.2 (Testing Procedures); "Critical Performance Failure" the Supplier accruing in aggregate 780 or more Service Points (in terms of the number of points allocated) in any period of 3 months; or the Supplier accruing Service Credits or Compensation for Unacceptable KPI Failure which meet or exceed the Service Credit Cap;
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Examples of CPP Milestone in a sentence

  • On Achievement of a CPP Milestone relating to the Supplier Solution or one or more Services (as the case may be), the Supplier shall be entitled to invoice Network Rail for an amount equal to all Milestone Retentions (not previously invoiced) that relate to the preceding Milestones.

  • The Transition Period ends when the final CPP Milestone has been Achieved by all FITS Suppliers, all FITS Services and FITS Suppliers’ solutions are in their FMO and no Exiting Suppliers are employed or engaged (except where there are legacy activities or licensing agreed with the Authority).

  • The Test Success Criteria for: each Test that must be Achieved for the Supplier to Achieve either the ATP Milestone or a CPP Milestone are set out in Annex 4; and all other Tests shall be agreed between the Parties as part of the relevant Test Plan pursuant to Paragraph 5.

  • Each CPP Milestone shall be at least three (3) months later than the last SCD for the relevant Service Line(s) or FITS Services.

  • The Supplier shall: provide the Operational Services in such a manner so as to meet or exceed the Target Performance Level for each Performance Indicator from the Milestone Date for each relevant CPP Milestone; and comply with the provisions of Schedule 2.2 (Performance Levels) in relation to the monitoring and reporting on its performance against the Performance Indicators.

  • The Test Success Criteria for: each Test that must be Achieved for the Supplier to Achieve either the ATP Milestone or a CPP Milestone are set out in annex 4 of this Schedule; and all other Tests shall be agreed between the Parties as part of the relevant Test Plan pursuant to paragraph 5.

  • The Authority shall issue a Milestone Achievement Certificate for a CPP Milestone when the Acceptance Criteria for the relevant CPP, as provided by the Authority as part of initiation, have been met.

  • Acceptance of a FITS Service shall have occurred once the Acceptance Criteria for the both the SCD and CPP Milestones have been met and the Milestone Achievement Certificate having been issued for the CPP Milestone.

  • Acceptance of a Project shall be deemed once the following has occurred: The CPP Milestone has been Achieved and the Milestone Achievement Certificate associated with the SCD Milestone has been issued by the Authority; and The Hosting Supplier is providing the FITS Service in accordance with the Project Requirements Specification and schedule 2.1 (Service Requirements).

  • If the Hosting Supplier is required to reduce any invoice or issue any credit note to the Authority in accordance with paragraph 3.5, then the Authority may agree to the recovery of such element of Forecast Profit through a Milestone Payment which relates to an appropriate CPP Milestone.


More Definitions of CPP Milestone

CPP Milestone any Milestone where CPP is required before a FITS Supplier can recover any Forecast Profit relating to such Milestone, as detailed in schedule 7.1 (Charging and Invoicing);
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Related to CPP Milestone

  • Development Milestone is defined in Section 5.3.

  • Development Milestone Event has the meaning set forth in Section 7.2.1.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • 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 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Milestone Event has the meaning set forth in Section 8.2.1.

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Milestone Events has the meaning set forth in Section 7.2.

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.

  • Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.

  • Milestone Payment has the meaning set forth in Section 4.2.

  • 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").

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Milestone Schedule means Seller’s milestone schedule, the form of which is attached to this Agreement as Exhibit Q.

  • Milestone Notice has the meaning set forth in Section 2.4(a).

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).