Guaranteed Milestones definition

Guaranteed Milestones. Each of the events described as Guaranteed Milestones in Attachment K (Guaranteed Project Milestones).
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Guaranteed Milestones. Each of the critical path events described as Guaranteed Milestones in Attachment B (Milestone Events).
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Guaranteed Milestones. [mm/dd/yyyy] – Guaranteed Construction Start Date [mm/dd/yyyy] – Guaranteed Commercial Operation Date
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Examples of Guaranteed Milestones in a sentence

  • If ACRO fails to achieve any Guaranteed Milestones on or before the applicable date, then ACRO shall be responsible for Delay Liquidated Damages as provided in Section 7.8. ACRO shall not be excused from any failure to achieve any of the Guaranteed Milestones on or before the applicable date, except as the result of Changes approved by HI- POWER or to which ACRO is entitled in accordance this Agreement, including under Article 9.

  • ACRO shall perform the Work in accordance with the Project Schedule and achieve all Guaranteed Milestones by the corresponding completion date set forth in the Project Schedule.

  • The Parties agree that it would be extremely difficult to precisely determine the amount of actual damages that would be suffered by HI-POWER as a result of a delay in achieving the Guaranteed Milestones, but that the Delay Liquidated Damages are a fair and reasonable determination of the amount of actual damages that would be suffered by HI-POWER for delays beyond the applicable dates, and that the Delay Liquidated Damages do not constitute a penalty.

  • For the avoidance of doubt, completion of each Guaranteed Milestone on or before the applicable date is a separate and independent guaranty, and ACRO will accrue liability for Delay Liquidated Damages on a cumulative basis for any and all Guaranteed Milestones that are not achieved on or prior to the applicable dates.

  • ACRO shall organize, supervise, and execute all Work hereunder in a manner sufficient to achieve each of the Guaranteed Milestones, if any, on or before the applicable dates and otherwise as required to satisfy any deadlines set forth herein.

  • If ACRO fails to achieve any of the Guaranteed Milestones on or before the applicable date, then ACRO shall pay HI-POWER, as liquidated damages and not as a penalty, an amount as set forth in the applicable Purchase Order, with respect to such delay in achieving the Guaranteed Milestone (collectively, the "Delay Liquidated Damages") for each day from and after the applicable date, until the achievement of the Guaranteed Milestone.

  • In the warehouse, ABD has just completed deployment of Microsoft Dynamics AX for order management and ERP.


More Definitions of Guaranteed Milestones

Guaranteed Milestones means, with respect to the Work, any Equipment, or an Automated System, the dates expressly stated as a 'Guaranteed Milestone(s)' in Exhibit A (Scope of Supply) or an applicable Purchase Order. "Hazardous Material" means any waste, chemical, dust, noise, vibration, radiation, unexploded ordinance, or other substance or material (or combination of them) that may impair the natural environment, injure or damage property or plant or animal life or harm or impair the health of any individual and includes any contaminant, waste, substance, or material that is defined in or regulated pursuant to Environmental Law, including any substance or material defined as "hazardous" or "toxic" or as a "pollutant" or a "contaminant" or by any other similar term under Environmental Law. "HI-POWER" has the meaning set forth in the preamble to this Agreement and shall include all successors and permitted assigns of HI-POWER. "HI-POWER Change Request" has the meaning set forth in Section 9.2. "HI-POWER Event of Default" has the meaning set forth in Section 14.1. "HI-POWER'S Intellectual Property" means all Intellectual Property Rights owned by or licensed to HI- POWER, including all Foreground Intellectual Property Rights and any of HI-POWER'S Background Intellectual Property Rights used in the design, production, and manufacturing of the Goods. "HI-POWER Responsible Party" means HI-POWER or any Person or entity employed by any of them (other than ACRO or ACRO Responsible Parties), or any Person or entity for whose acts any of them is liable during the performance of HI-POWER-Supplied Work and HI-POWER's other obligations under this Agreement. "HI-POWER-Supplied Work" means the activities assigned to HI-POWER. "HI-POWER Representative" has the meaning set forth in Section 5.2. "Indemnified Party" has the meaning set forth in Section 12.1. "Indemnifying Party" has the meaning set forth in Section 12.1. "Initial Term" has the meaning set forth in Section 2.6(a). "Intellectual Property Rights" means all industrial and other intellectual property rights comprising or relating to (a) Patents; (b) Trademarks; (c) internet domain names, whether or not Trademarks, registered by any authorized private registrar or Governmental Authority, web addresses, web pages, website, and URLs; (d) works of
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Related to Guaranteed Milestones

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

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

  • Guaranteed Substantial Completion Date or “Guaranteed Substantial Completion Dates” has the meaning set forth in Section 5.3B.

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

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

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

  • Development Milestone is defined in Section 5.3.

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

  • Guaranteed Liabilities means all moneys, obligations and liabilities expressed to be guaranteed by the Guarantor in clause 2.1;

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

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

  • 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;

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

  • Guaranteed Sum means: The maximum aggregate amount of R

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

  • Guaranteed Maximum Price or “GMP” means the amount proposed by Contractor and accepted by Owner as the maximum cost to Owner for construction of the Project in accordance with this Agreement. The GMP includes Contractor’s Construction Phase Fee, the General Conditions Cost, the Cost of the Work, and Contractor’s Contingency amount.

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

  • Guaranteed Energy Production or “GEP” has the meaning set forth in Section 3.1(e)(ii).

  • Guaranteed analysis means the minimum percentage of each plant nutrient guaranteed or claimed to be present.

  • Guaranteed Amounts means the amounts due from time to time from the Issuer to (i) the Covered Bondholders with respect to each Series of Covered Bonds (excluding any additional amounts payable to the Covered Bondholders under Condition 9(a) (Gross-up by the Issuer)) and (ii) the Other Issuer Creditors pursuant to the relevant Transaction Documents.

  • Guaranteed Construction Start Date means the Expected Construction Start Date, as such date may be extended by the Development Cure Period.

  • 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.

  • Guaranteed Agreement means the Framework Agreement and each Call-Off Contract made between the Supplier and each Other Contracting Body;

  • Performance and Guarantee Test means all operational checks and tests required to determine and demonstrate capacity, efficiency and operating characteristics as specified in the Contract Documents.