Examples of Critical Transition Milestone in a sentence
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For each Critical Transition Milestone, the Transition Plan shall set forth: (i) the transition activities that must be completed by Provider or Customer, as applicable, in order for the Critical Transition Milestone to be deemed to have been achieved (the “Critical Transition Activities”); (ii) the applicable Acceptance Criteria; and (iii) the date by which the Critical Transition Milestone must be achieved.
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For each Critical Transition Milestone, the Transition Plan shall set forth: (a) the transition activities that must be completed by Supplier in order for the Critical Transition Milestone to be deemed to have been achieved (the “Critical Transition Activities”); (2) the applicable acceptance criteria; and (3) the date by which the Critical Transition Milestone must be achieved.
For each Critical Milestone for which Schedule D-3 provides an Earn Back Period, Contractor may earn back a minimum of fifty percent (50%) of the Critical Transition Milestone Credit, a larger percentage may be designated in writing by the Commonwealth if deemed appropriate, by meeting the Acceptance Criteria within the specified Earn Back Period.
If Supplier fails to achieve any Transition Milestone for which a Transition Credit is due by the date specified for such Critical Transition Milestone in the Transition Plan and such delay exceeds the grace period of two weeks, then Supplier shall apply the Transition Credit against the Fees.
In the event Service Provider fails to meet any Critical Transition Milestone, Customer shall be entitled to the Milestone Credit set forth in the Transition Plan for each day that Service Provider delays proper completion of the Critical Transition Milestones.
If Supplier fails to achieve any Critical Transition Milestone by the completion date specified for such milestone in the Transition Plan, Michaels may, subject to allowing a grace period of two weeks, elect to terminate the applicable Statement of Work as of the date specified by Michaels in its notice of termination without payment of any Termination Fee.
Supplier may earn back Transition Deliverable Credits with respect to its failure to meet an interim Critical Transition Milestone for a Transition Stream, provided that Supplier meets the associated final Critical Transition Milestone for that Transition Stream on or before the date specified in Schedule H.1, in which case Supplier will be entitled to the return of all Transition Deliverable Credits paid in connection with its prior failure to meet said interim Critical Transition Milestone.
A final Critical Transition Milestone for a Transition Stream shall not be deemed complete until the Policy and Procedures Manual (including standards) for that Transition Stream is final and complete in all material respects.