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.

  • Failure occurs or is in the opinion of the Agency likely to occur (having regard to the information supplied pursuant to clause 10.3.2) and such Milestone Failure is not the direct result of a Milestone Extension Event; 12.

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 Payment has the meaning set forth in Section 7.2.

  • Debt service extension base means an amount equal to that

  • Time Extension shall have the meaning set forth in Clause 10.5;

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

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