Milestone Payment Certificate definition
Examples of Milestone Payment Certificate in a sentence
Following such rectification, Bathurst Metallic shall re-submit a Milestone Payment Certificate in respect of the applicable Milestone and this section 3.2 shall apply again, mutatis mutandis.
In the event that the Holders Representative Committee does not agree with or desires to investigate the calculation of the Sales Milestone Payment Amount set forth on the Sales Milestone Payment Certificate, the Holders Representative Committee shall be entitled, during the Sales Milestone Payment Audit Period, to give Parent written notice (a “Dispute Notice”), of such disagreement or desire.
The Department shall identify in the Milestone Payment Certificate (if applicable) which portions of such payment correspond to each of Milestone Payment X and Milestone Payment Y.
The Minister shall have fifteen (15) Business Days following receipt of a Milestone Payment Certificate to provide written notice (a “Milestone Deficiency Notice”) to Bathurst Metallic detailing any matters that are required to be performed by Bathurst Metallic in order to achieve the applicable Milestone or satisfy any conditions of payment with respect thereto.
When Bathurst Metallic believes it has achieved a Milestone, Bathurst Metallic shall submit the applicable Milestone Payment Certificate (in the form attached as Schedule “D”) to the Minister.
Every month during the Construction Period prior to the issuance of the Milestone Zero Notice, and thereafter, in conjunction with all Milestone Payment Applications, Project Co shall complete and deliver to the Region Representative, the Region Engineer and the Independent Certifier a Project Co officer certificate in substantially the form set out in Attachment "C" confirming the information set out therein ("Project Co Officer Progress/ Milestone Payment Certificate").
Concomitant with the submission of each Milestone Payment Certificate, Bathurst Metallic will submit an invoice to Service New Brunswick for the applicable Milestone Payment (the “Invoice”).