Milestone Extension Event definition

Milestone Extension Event means any of the following:
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Examples of Milestone Extension Event in a sentence

  • Operational Obligations) or Clause 12 (Review, Monitoring and Reporting)) and such failure is directly caused by a Milestone Extension Event, Homes England shall, subject always to Clause 8.4 (Time extensions), extend the relevant Milestone Date and associated Firm Scheme Completion Date by such period as it (acting reasonably) considers appropriate to take account of the delay caused or likely to be caused by the Milestone Extension Event.

Related to Milestone Extension Event

  • 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;

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

  • 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 Payment has the meaning set forth in Section 4.2.

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

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

  • Additional Termination Event has the meaning specified in Section 5(b).

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

  • Additional Disruption Event means any of Change in Law, Hedging Disruption and/or Increased Cost of Hedging.

  • Covenant Suspension Event has the meaning assigned to such term in Section 4.19.

  • Suspension Event As defined in Section 5(b) hereof.