Milestone Contract Amount definition

Milestone Contract Amount means, for Fleet 1 and Fleet 2, the amount identified as “Milestone Contract Amount” in Attachment B to the Signature Document and, for Fleets 3-6, the amount determined by multiplying the Options Unit Price for the applicable Fleet by the number of Trainsets Owner has ordered for that Fleet.
Sample 1Sample 2
Milestone Contract Amount means, with respect to a Segment, the total of all Milestone Payments for the Segment.
Sample 1

Examples of Milestone Contract Amount in a sentence

  • As part of the Owner order of Fleet 2, Contractor shall provide Owner with all required Owner- Owned Spares and Special Tools, along with all associated delivery documentation, for that Fleet and the cost of these Owner-Owned Spares and Special Tools shall be covered by the Milestone Contract Amount for Fleet 2.

  • Owner shall calculate Milestone Payments by multiplying the Milestone Contract Amount for the Fleet at issue, as escalated pursuant to Article 10.5, by the Milestone Payment Percentage in Schedule 3-A, Schedule 3-B or Schedule 3-C, as applicable, for the applicable Milestone.

  • Contractor shall not be entitled to any extension of any Milestone Acceptance Deadline or increase in any Milestone Contract Amount in connection with any suspension of the Work or portion thereof pursuant to this Article 25.3.

  • As of May 23, 1-to-2-inch rainfall departures havedeveloped across mainly eastern portions of the Southern Area with 2-to-3-inch anomalies from eastern Kentucky to Virginia and south Florida.

  • These consolidated financial statements include the financial statements of the Company and the entities controlled by the Company, its subsidiaries, listed in the following table: Name of subsidiaryPlace of incorporationProportion of ownershipinterestPrincipal activityPretium Exploration Inc.British Columbia, Canada100%Holds interest in theBrucejack Mine and Snowfield Project0890696 BC Ltd.British Columbia, Canada100%Holds real estate in Stewart, British Columbia 3.

  • Owner shall pay Contractor each Milestone Contract Amount by making Milestone Payments upon Contractor’s achievement of 100 percent completion of each Milestone.

  • Owner shall pay Contractor the Milestone Contract Amount for Fleet 1 by paying the applicable Milestone Payment upon 100 percent completion of each Milestone set forth in Schedule 3-A.

  • To the extent paid or exercised by Owner, the Milestone Contract Amount for Fleet 1, Options Unit Prices for Fleets 2-4, Manufacturing Restart Payments, Service Payments, Trainset Incremental Service Payments and Mileage Incremental Service Payments, liquidated damage amounts described in Article 11.1 and the prices in Attachment H to the Signature Document for Owner-Owned Spares ordered under Article 13.6 shall be escalated pursuant to Schedule 4.

  • Payment Milestones during the Delivery Period of each Segment (Milestone Contract Amount); and2.

  • From the date of Final Acceptance until 5 years after Final Acceptance, the amount of the letter of credit will be [20]% of the Milestone Contract Amount.

Related to Milestone Contract Amount

  • Contract Amount means:

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

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

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

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

  • 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.

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

  • M5 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 86.20% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount.

  • 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 is defined in Section 5.3.

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

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

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

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

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • LCT Test Date shall have the meaning provided in Section 1.12(b).

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 81.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

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

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

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

  • M4 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 84.30% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount.

  • Project Completion Date means the date on which the Completion Certificate is issued;