Interim Milestone Date definition

Interim Milestone Date means, with respect to each Interim Milestone, the milestone date for such Interim Milestone as set forth in the Project Schedule, as may be adjusted by any Change Order.
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Interim Milestone Date shall have the meaning set forth in Subsection 5.3.1.
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Examples of Interim Milestone Date in a sentence

  • Design-Builder understands that if Substantial Completion or Interim Milestones and/or Substantial Completion of identified portions of the Work are not attained by the Scheduled Substantial Completion Date or applicable Interim Milestone Date, respectively), Owner will suffer damages which are difficult to specify accurately and ascertain.

  • The Scheduled Interim Milestone Date for N/A shall be achieved no later than (N/A) days after the Date of Commencement.

  • The Scheduled Interim Milestone Date for ) shall be achieved no later than ( ) days after the Date of Commencement.

  • Owner and Contractor acknowledge and agree that Owner shall be damaged by failure of Contractor to satisfy the Interim Milestone by the Interim Milestone Date and that it would be impracticable or extremely difficult to fix the actual damages resulting therefrom.

  • In the event Contractor fails to satisfy the Interim Milestone by the Interim Milestone Date, Contractor shall pay to Owner as liquidated damages and not as a penalty the amount set forth above for such Interim Milestone per calendar day for each and every calendar day after the fifteenth (15th) day following such Interim Milestone Date that the Interim Milestone is not satisfied.

  • The Executive Director is authorized and directed to execute Change OrderNo. 2 with US Tank Painting, Inc., of 900 Rike Drive, Millstone Township, New Jersey 08535 for no cost increase and thirty (30)-day time extension for the Interim Milestone Date of Tank Out of Service for the work described in Change Order No. 2, which Change Order shall include the release language cited in the last Whereas of this Resolution .

  • In fact, there appears to be an asymmetry in the impacts of a CRR (or BR) rise and that of a CRR reduction.

Related to Interim Milestone Date

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

  • 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 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;

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

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

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

  • Development Milestone is defined in Section 5.3.

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

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

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

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

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

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

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

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

  • Target Completion Date has the meaning given such term in Section 3.3(b).

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

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Deadline Date has the meaning set forth in Section 4.1(f).

  • 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;

  • 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").

  • 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.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.