Milestone Payment Percentage definition

Milestone Payment Percentage means the percentage assigned to a Milestone in the “Milestone Payment Percentage” column in Schedule 3-A or Schedule 3-B, as applicable.
Sample 1Sample 2Sample 3
Milestone Payment Percentage has the meaning given in Paragraph 8.5 of Schedule 22 (Charges and Invoicing);
Sample 1Sample 2Sample 3

Examples of Milestone Payment Percentage in a sentence

  • Owner shall calculate Milestone Payments by multiplying the Milestone Contract Amount for the Fleet at issue, as escalated pursuant to Article 10.5, by the Milestone Payment Percentage in Schedule 3-A, Schedule 3-B or Schedule 3-C, as applicable, for the applicable Milestone.

  • Authority shall calculate Milestone Payments by multiplying the Milestone Contract Amount for the Fleet at issue, by the Milestone Payment Percentage in Schedule 3-A or Schedule 3-B, as applicable, for the applicable Milestone.

  • For example, see Children admitted to adult mental health wards (Keogh, 2017).

  • Authority shall calculate Milestone Payments by multiplying the Milestone Contract Amount for the Segment at issue, by the Milestone Payment Percentage in Schedule 3 for the applicable Milestone.

  • TERMS OF PAYMENT Payment Milestone Payment Percentage Upon completion of Task - Project Kickoff Meeting 25% Upon completion of Task - Interface Upgrade 20% Upon completion of Task - Customer Upgrade Configuration Testing 20% Upon completion of Task – I/CAD Delta Workshop 15% Upon acceptance as defined in Section: Acceptance Criteria 20% Payment is due thirty (30) days from the date of invoice.

  • To calculate Milestone Payments for Fleet 1, Owner shall multiply the Milestone Contract Amount for Fleet 1, as escalated pursuant to Article 10.5, by the Milestone Payment Percentage in Schedule 3-A for the Milestone at issue.

Related to Milestone Payment Percentage

  • Achievement Percentage means the percentage of achievement determined by the Committee after the end of the Performance Cycle in accordance with Section 4 that reflects the extent to which the Company achieved the Performance Goals during the Performance Cycle.

  • Final Payment Percentage is five percent (5.00%).

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

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

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;

  • Payout Percentage means the percentage (between 0% and 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 2, which shall be used to determine the value of each Performance Unit.

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

  • Target Percentage means those percentages assigned to Participants pursuant to Section 3.2 hereof.

  • Milestone Payments has the meaning set forth in Section 4.2.

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

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Milestone Event has the meaning set forth in Section 8.4.

  • Performance Percentage means the factor determined pursuant to a Performance Schedule that is to be applied to a Target Award and that reflects actual performance compared to the Performance Target.

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

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • First Target Distribution means $0.4025 per Unit per Quarter (or, with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.4025 multiplied by a fraction of which the numerator is the number of days in such period, and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Prepayment Percentage As of the Closing Date, approximately 0%, and thereafter, with respect to any Distribution Date, the excess of 100% over the Senior Prepayment Percentage.