Milestone A definition

Milestone A has the meaning set out in Section 3.6.
Sample 1
Milestone A shall be deemed to have been achieved upon occurrence of the Transition Date in respect of all the countries set forth on Schedule 9.1.1.2 (as determined by the Transition Managers or in accordance with Section 15.1) and “Milestone B” shall be deemed to have been achieved upon occurrence of the Transition Date in respect of all the countries set forth on Schedule 9.1.1.3 (as determined by the Transition Managers or in accordance with Section 15.1).
Sample 1
Milestone A means Borrower has received Net Proceeds in the aggregate amount of not less than Twenty Million Dollars ($20,000,000) prior to December 31, 2018.
Sample 1

Examples of Milestone A in a sentence

  • On February 3, 2011, the Navy provided the following statement to CRS concerning the outcome of the December 9 meeting:The OHIO Replacement Program achieved Milestone A and has been approved to enter the Technology Development Phase of the Dept.

  • Milestone: A milestone is the tangible, observable measurement that will be provided upon the successful completion of a project task or sub-task.

  • The program’s Milestone A review meeting was held on December 9, 2010.

  • Prior to Milestone A, the MRLs focus on manufacturing feasibility by identifying and reducing the production risk of the proposed concepts.

  • Prior to Milestone A, site visits might not be possible since there rarely is any hardware to support the conceptual designs.

  • In the case of a class of vessels which has received Milestone A approval, an approval to enter into technology maturation and risk reduction, or an approval to enter into a subsequent Department of Defense or Department of the Navy acquisition phase as of the date of the enactment of the National Defense Authorization Act for Fiscal Year 2020, not later than 30 days after such date of enactment.

  • The PPP will be submitted for MDA approval at each milestone review, beginning with Milestone A.

  • The Milestone A decision point marks the entry into the TMRR Phase of acquisition.

  • Milestone A predefined subset of the Conformance Requirements, which can be evaluated as a group.

  • Prior to Milestone A, a TDS is developed for a proposed materiel solution determined by the ASR.


More Definitions of Milestone A

Milestone A means the achievement of $70.0 million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestone B” means the achievement of $[***] million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestone C” means the achievement of $[***] million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestone D” means the achievement of $[***] million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestone E” means the achievement of $[***] million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestone F” means the achievement of $250.0 million of Net Revenue for any Eligible Calendar Year for such Milestone. “Milestones” means Milestone A, Milestone B, Milestone C, Milestone D, Milestone E and Milestone F. “Net Revenue” means the gross amounts invoiced for sales by or on behalf of Buyer and its Affiliates and its and their licensees and sublicensees (each such Person, a “Selling Person”) for sales of the Product to third parties in bona fide, arm’s length transactions, less the following to the extent actually incurred, allowed, paid, accrued, specifically allocated, or included in the gross amounts invoiced with respect to such sales to third parties and not otherwise received, recovered by or reimbursed to any Selling Person: *** Pursuant to 17 CFR 240.24b-2, confidential information has been omitted in places marked “[***]” and has been filed separately with the Securities and Exchange Commission pursuant to a Confidential Treatment Application filed with the Commission.
Sample 1
Milestone A means the achievement of $70.0 million of Net Revenue for any Eligible Calendar Year for such Milestone.
Sample 1
Milestone A means an operational milestone of the Covenant Parties mutually agreed to by Borrower and the Lenders.
Sample 1
Milestone A shall have the meaning set forth in Exhibit C to the Agreement.
Sample 1

Related to Milestone A

  • 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;

  • 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 Event has the meaning set forth in Section 8.2.1.

  • Development Milestone is defined in Section 5.3.

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

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

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

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

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

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

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

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

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

  • 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).

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

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

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

  • Phase I Clinical Study means a human clinical study of a product, the principal purpose of which is a preliminary determination of safety in healthy individuals or patients, as described in 21 C.F.R. 312.21(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").

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

  • Phase II Clinical Study means a human clinical study of a product initiated to determine the safety and efficacy in the target patient population, as described 21 C.F.R. 312.21(b).

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