Milestone Parties definition

Milestone Parties means, collectively, The Milestone Aviation Group Limited, PK Air, the “MAG Parties” as defined in the PK Air Credit Facility, GE Aviation, and their respective affiliates, including certain lessor trusts.
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Milestone Parties means, with respect to any Milestone Product, Parent or its Affiliates and any of their respective licensees, successors or assignees of the rights to develop and commercialize such Milestone Product, as applicable.
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Milestone Parties means, collectively, (a) Buyer, its Affiliates and/or its or their respective partners, licensees, sublicensees, agents or Representatives, (b) any other Person who is granted, receives or otherwise is transferred rights for the development, Regulatory Approval or commercialization of Products (in whole or in part), (c) any other Person that has been delegated responsibility for achieving the Milestone or for the development, Regulatory Approval or commercialization of any Product (in whole or in part), and (d) any assignees and successors of any of the foregoing (a) through (c) (each, a “Milestone Party”).
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Examples of Milestone Parties in a sentence

  • The terms of the Milestone Settlement are fully incorporated into the Plan by reference, and the Debtors and the Milestone Parties shall abide by the terms of the Milestone Settlement Order, including the payment by the Debtors, no later than the Effective Date, of the reasonable and documented professional fees of the Milestone Parties as set forth in the Milestone Settlement Order.

  • The Milestone Parties and PK Air shall retain all security interests, guarantees and share charges that secure the PK Air Credit Facility Claims and MAG Lease Obligation Claims as and to the extent set forth in the Milestone Settlement Order.

  • Excused AbsencesExcused absences include: personal illness, an appointment with a health professional that could not be scheduled after school, observance of a religious holiday, a family emergency, impassable roads due to inclement weather, required court appearances, attendance at health clinics, approved school visits, or a planned absence for a personal or educational purpose that has been approved in advance by the school.

  • Of the helicopters in the fleet, Reorganized CHC Group will own a portion and lease the remainder from various third-party lessors, including the Milestone Parties.

  • To the extent that the applicable CHC Party’s operational needs require modifications [*] the CHC Party shall enter into an indemnity agreement indemnifying the Milestone Parties for such modification cost and return should the CHC Party fail to take delivery of such Additional Undesignated Aircraft.

  • Other than as set forth herein and in the Plan Support Agreement, the Milestone Parties shall have no further claims for professional fees and related expenses incurred in connection with documenting and implementing (but not enforcement of) the transactions contemplated hereby in respect of the Committed Aircraft and the Rejected Aircraft.

  • It is anticipated that the Milestone Parties and the CHC Parties may agree to enter into leases of additional Incremental Aircraft of the types described below, with the specification described below and up to the number of units described below (each, an “Additional Undesignated Aircraft”).

  • Importantly, the inclusion of the parties to the Restructuring Support Agreement and the Milestone Parties in the Third-Party Releases was a material inducement for their participation, negotiation and ultimate resolution of Claims through the Restructuring Support Agreement, the Milestone Settlement and Plan, as applicable.

  • Milestone Settlement The terms of the Milestone Settlement are fully incorporated into the Plan by reference, and the Debtors and the Milestone Parties shall abide by the terms of the Milestone Settlement Order, including the payment by the Debtors, no later than the Effective Date, of the reasonable and documented professional fees of the Milestone Parties as set forth in the Milestone Settlement Order.

  • In furtherance of such Rejection Orders, the CHC Parties and the Milestone Parties agree that as an obligation under this Term Sheet the actions described in a letter agreement to be entered into among the parties hereto prior to the PSA Approval Date will be performed by the CHC Parties within the time periods set forth therein.

Related to Milestone Parties

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

  • Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).

  • 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.

  • 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 is defined in Section 5.3.

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

  • 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 Events has the meaning set forth in Section 7.2.

  • Development Milestone Event has the meaning set forth in Section 7.2.1.

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

  • Milestone Event has the meaning set forth in Section 8.2.1.

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

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

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

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

  • Licensee Parties has the meaning ascribed to such term in Section 5.1.

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

  • Novartis shall have the meaning set forth in the Preamble.

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

  • BMS means the Company, all related companies, affiliates, subsidiaries, parents, successors, assigns and all organizations acquired by the foregoing.

  • ISIS means the department’s individualized services information system.

  • GSK has the meaning set forth in the preamble.

  • Spectrum means frequencies of electromagnetic spectrum used to provide fixed or mobile communications services as licensed or authorized by the FCC.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.