Milestone or Milestones definition

Milestone or Milestones means a significant event in the progress of the Project as outlined in Part 3 - Schedule of Project Milestones and used by the Centre to measure the progress towards Project Objectives.
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Examples of Milestone or Milestones in a sentence

  • In the event a Party receives a termination notice (“Termination Notice”) for failure by Tenant to reach a Milestone or Milestones, the other Party shall have the right to appeal by giving written notice to the Party giving the Termination Notice, provided, however, that the Initial Term of the Lease shall in fact be terminated at the end of said ninety (90) day notice period in the event both Parties have not mutually agreed, by amendment to this Lease, to re- instate the Lease.

Related to Milestone or Milestones

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

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