Milestone Condition definition

Milestone Condition means [***]; and [***] and [***].
Milestone Condition means the condition set out in Clause 11 (Milestone Condition);
Milestone Condition means:- (a) in respect of Phase the occurrence on Phases of all of the following:- (b) in respect of Phases (and any further Subsequent Phases) the occurrence on the previous Phase of either completion of of the piling on that previous Phase or if agreed with the Steering Group the provision of written evidence independently verified (with the party providing such verification owing a duty of care to the Council on terms approved by the Council (such approval not to be unreasonably withheld or delayed)) that the total sum of construction costs incurred in respect of that previous Phase exceed (or such other milestone agreed by the Steering Group)

Examples of Milestone Condition in a sentence

  • The Purchaser shall have performed and complied with all covenants, agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with by them on or before the Milestone Closing, including but not limited to the Milestone Condition.

  • INTERIOR TOTAL RISKS & INNOVATIONS SUBTOTAL Contingency used TOTAL Integrated Project Delivery Agreement EXHIBIT B-2a - Risks and Innovations (as of [date]) Integrated Project Delivery Agreement EXHIBIT B-4 – Milestones Milestone # Milestone Condition of Satisfaction 1 Validation Agreement on Owner's Program Requirements, Agreement on Initial Project Schedule, Agreement on Target Cost, including Target Cost Breakdown and documentation.

  • Condition Precedent / Milestone Condition Precedent / Milestone Date Specified in the Agreement Status (e.g., on schedule, delayed due to [specify reason]; current expected completion date) Remedial Action Plan (if applicable) Provide a detailed description of Xxxxxx's course of action and plan to achieve the missed Conditions Precedent or Milestones and all subsequent Conditions Precedent and Milestones by the Guaranteed Commercial Operation Date using the outline provided below.


More Definitions of Milestone Condition

Milestone Condition means:- (a) | | |
Milestone Condition means each of the First Milestone Condition, the Second Milestone Condition, the Third Milestone Condition and the Fourth Milestone Condition.
Milestone Condition means each of the following: (i) on or before January 31, 2013, Banco Bracce or any other Brazilian bank shall have funded a minimum of R$ 6,000,000 on financial terms and conditions that are not materially less favorable than those set forth in that certain engagement letter from Banco Bracce to Irgovel dated as of November 1, 2012; (ii) on or before June 30, 2013, the Company and its Subsidiaries shall have completed in full the Phase I Projects, except for the installation of the deordorizer unit (which shall be deferred and installed in 2014), for an aggregate cost not to exceed (A) R$ 26,000,000 for accumulated capital expenditures related to PP&E, the boiler and other ancillary equipment and (B) R$ 21,400,000 for accumulated capital expenditures related to PP&E for items not related to expansion of the plant; and (iii) during September 2013, the Company and its Subsidiaries shall have processed a minimum of 9,000 metric tons of raw rice bran. For purposes of subpart (ii) of the preceding definition, (a) internal salaries that are capitalized from and after the Effective Date shall not be included in capital expenditures and (b) accumulated capital expenditures shall be determined in a manner consistent with Schedule 1 hereto.
Milestone Condition means [***].

Related to Milestone Condition

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

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

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

  • Performance Conditions means specific levels of performance of the Company (and/or one or more members of the Company Group, divisions or operational and/or business units, product lines, brands, business segments, administrative departments, or any combination of the foregoing), which may be determined in accordance with GAAP or on a non-GAAP basis, including, without limitation, the following measures: (i) net earnings, net income (before or after taxes), or consolidated net income; (ii) basic or diluted earnings per share (before or after taxes); (iii) net revenue or net revenue growth; (iv) gross revenue or gross revenue growth, gross profit or gross profit growth; (v) net operating profit (before or after taxes); (vi) return measures (including, but not limited to, return on investment, assets, capital, employed capital, invested capital, equity, or sales); (vii) cash flow measures (including, but not limited to, operating cash flow, free cash flow, or cash flow return on capital), which may be but are not required to be measured on a per share basis; (viii) actual or adjusted earnings before or after interest, taxes, depreciation, and/or amortization (including EBIT and EBITDA); (ix) gross or net operating margins; (x) productivity ratios; (xi) share price (including, but not limited to, growth measures and total stockholder return); (xii) expense targets or cost reduction goals, general and administrative expense savings; (xiii) operating efficiency; (xiv) objective measures of customer/client satisfaction; (xv) working capital targets; (xvi) measures of economic value added or other ‘value creation’ metrics; (xvii) enterprise value; (xviii) sales; (xix) stockholder return; (xx) customer/client retention; (xxi) competitive market metrics; (xxii) employee retention; (xxiii) objective measures of personal targets, goals, or completion of projects (including, but not limited to, succession and hiring projects, completion of specific acquisitions, dispositions, reorganizations, or other corporate transactions or capital-raising transactions, expansions of specific business operations, and meeting divisional or project budgets); (xxiv) comparisons of continuing operations to other operations; (xxv) market share; (xxvi) cost of capital, debt leverage, year-end cash position or book value; (xxvii) strategic objectives; (xxviii) gross or net authorizations; (xxix) backlog; or (xxx) any combination of the foregoing. Any one or more of the aforementioned performance criteria may be stated as a percentage of another performance criteria, or used on an absolute or relative basis to measure the performance of one or more members of the Company Group as a whole or any divisions or operational and/or business units, product lines, brands, business segments, or administrative departments of the Company and/or one or more members of the Company Group or any combination thereof, as the Committee may deem appropriate, or any of the above performance criteria may be compared to the performance of a selected group of comparison companies, or a published or special index that the Committee, in its sole discretion, deems appropriate, or as compared to various stock market indices.

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

  • Unsafe condition as used in this clause means the actual or potential exposure of contractor or Government employees to a hazardous material as defined in Federal Standard No. 313, and any revisions thereto during the term of this contract, or any other material or working condition designated by the Contracting Officer's Technical Representative (COTR) as potentially hazardous and requiring safety controls.

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