Fifth Milestone definition

Fifth Milestone shall have the meaning set forth in Section 2. First Milestone shall have the meaning set forth in Section 2. Fourth Milestone shall have the meaning set forth in Section 2. Governmental Authorizations means all approvals, permits, licenses, authorizations, decrees, registrations, certificates of occupancy, certificates of completion, zoning permits, variances, agreements and similar approvals issued in writing by any Authority to use or operate a Development Tower (and the related Tower Assets and Sites), as well as any extensions or renewals thereof, and any pending applications therefore, including permits and approvals required (where applicable) by Applicable Law. Ground Lease shall mean any lease, easement, right of way, license, permit or other right of use agreement pursuant to which the lessee or tenant thereunder holds a leasehold interest, leasehold estate or other real property interest, including, without limitation, the associated access easements and rights of way, and pursuant to which the lessee or tenant thereunder has the right to construct, own and operate a telecommunications tower on the land relating thereto. For the avoidance of doubt the Ground Leases include the right to place the Site in the public right of way (i.e., by way of easement or equivalent rights). Ground Lease Option shall mean an option to enter into a Ground Lease.
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Fifth Milestone means Regulatory Approval by Japan of the OBS Development Product for any initial indication.
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Fifth Milestone means [...***...
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Examples of Fifth Milestone in a sentence

  • Subject to the satisfaction of all terms and conditions of this Agreement and the Asset Purchase Agreement, the closing (each a “Closing”) of the purchase of a Development Tower will occur on the later of thirty (30) days after (i) the date on which Developer delivers notice to [***] with reasonable supporting documentation that the Fifth Milestone was achieved, or (ii) the date that all Minimum Conditions have been satisfied or previously waived by [***] in writing.

  • At the Closing of each Development Tower, [***] shall pay an amount (the “Closing Date Payment”) equal to the Allocable Purchase Price minus the total amount of Milestone Payments paid in accordance with Section 2(c) of this Agreement (it being understood that the Fifth Milestone Payment shall not be required to be paid to the Developer until the Closing in accordance with Section 2(c)).

  • As used herein, the Fifth Milestone will be the six-month anniversary of the Product’s launch for SCI indication.

  • The Payment shall be made within 3 business days of the approval of our shareholders of the Subsequent Fifth Milestone Amendment.

  • The price per share with respect to $8,501,264 of the Payment shall remain $2.983 as provided in the Initial Fifth Milestone Amendment.

  • For the avoidance of doubt, each of the foregoing First Milestone Payment, Second Milestone Payment, Third Milestone Payment, Fourth Milestone Payment and Fifth Milestone Payment shall be payable only once, and no more than one hundred million dollars ($100,000,000) shall be payable in any one calendar year at any time as a result of the conditions to the Contingent Payments being met and no more than $350,000,000 of Contingent Payments in the aggregate shall be paid.

  • Notwithstanding the aforesaid, the right of the Consultant for the payment of Milestone Fees concerning the Third Milestone, the Fourth Milestone and the Fifth Milestone shall be in effect during the later of (i) the term of this Agreement or (ii) the final termination of Consultant’s activities in the service of the Company, and twelve (12) months thereafter.

  • In the aggregate, we shall receive an additional $24,635,440 from the Fifth Milestone Investment Partners above the $15,940,000 we have already received under the Initial Fifth Milestone Amendment.

  • As provided in the Initial Fifth Milestone Amendment, each of the Fifth Milestone Investment Partners has agreed, upon our receiving all required approvals, to waive our obligation to raise an additional $50 million from additional wafer partners.

  • Each of the Fifth Milestone Investment Partners shall advance to us in one payment the remaining outstanding portion of its fifth milestone payment (the "Payment").


More Definitions of Fifth Milestone

Fifth Milestone has the meaning set forth in Section 4.1.
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Fifth Milestone means $250,000,000 in gross sales of all ACCESS Products in any trailing twelve-month period.
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Fifth Milestone. , "Sixth Milestone", "Seventh Milestone" and "Eighth Milestone", respectively.
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Related to Fifth Milestone

  • 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.

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

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

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

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

  • Development Milestone is defined in Section 5.3.

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

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

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

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

  • 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.

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

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

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

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

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

  • 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).

  • Final Completion Date means the date on which Final Completion occurs.

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Additional Accelerated Purchase Minimum Price Threshold means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, any minimum per share price threshold set forth in the applicable Additional Accelerated Purchase Notice.

  • Second Target Distribution means $0.4375 per Unit per Quarter (or, with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.4375 multiplied by a fraction of which the numerator is equal to the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.