Milestone Three definition

Milestone Three means, with respect to any Project, the day on which the “permission to operate” notification for such Project is executed (as certified by the Borrowers in a Borrowing Base Certificate).
Milestone Three means, with respect to any Project, the day on which the “permission to operate” notification for such Project is executed (as certified by the Borrower in a Borrowing Base Certificate).
Milestone Three has the meaning ascribed thereto in Section 4(C).

Examples of Milestone Three in a sentence

  • Upon reaching Milestone Three, students participate in an exit portfolio review to assess progress.

  • For purposes of clarity, there is only a single Milestone Three payment for each lead type, regardless of FDA approval for multiple lead designs of a single lead type.

  • If Stem fails to satisfy Milestone Two within 180 days of January 30, 2019, or if Stem fails to satisfy Milestone Three within 180 days of January 30, 2020, ORAJV, Gated, and Kind Care may, but are not obligated to, terminate their obligations under this Section 6.

  • Milestone Three: The application for Graduation is submitted during semester 10.

  • This report is the Climate Action Plan for Medford and signifies the completion of Milestone Three.


More Definitions of Milestone Three

Milestone Three means the earlier to occur of (i) the completion by Quintiles or an appropriate Affiliate of a written assessment and report in customary form indicating the "approvability" by the FDA of Borrower's NDA for the Product for either the IRDS indication or the indication known as meconium aspiration syndrome ("MAS"), which shall include without limitation an assessment and report as to the quality of the documentation comprising such NDA and the clinical data included in such NDA, or (ii) the issuance by the FDA of a letter in customary form indicating that Borrower's NDA for the Product is "approvable" with respect to Borrower's NDA for either the IRDS indication or the MAS indication.
Milestone Three means the achievement by the Company (to the reasonable satisfaction of the Trust) of Milestone Three as described in Schedule 7;
Milestone Three means AeroFlexx, LLC having received in excess of $15 million in revenue within seven (7) years following the Closing.
Milestone Three means distributions by the Liquidating Trust to the holders of Class A Trust Units totaling in the aggregate an amount equal to one hundred percent (100%) of the face amount of such Class A Trust Units outstanding on the date of the last such distribution.
Milestone Three means [...***...].
Milestone Three means, with respect to any Project, the day on which the “permission to operate” notification for such Project is executed (as certified by the Borrower in a Borrowing Base Certificate). “Milestone Two” means, with respect to any Project, the day on which the following has occurred (as certified by the Borrower in a Borrowing Base Certificate): the Project has reached Substantial Completion. “Minimum Collateral Amount” means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.13(a)(i), (a)(ii), (a)(iii) or (a)(iv), an amount equal to 105% of the Outstanding Amount of all L/C Obligations, and (c) otherwise, an amount determined by the Collateral Agent and the L/C Issuer in their sole discretion. “Minimum Credit Rating Requirement” means (i) in the case of Illinois Governmental Payments the state general bond obligation rating of at least BBB- from Standard and Poor’s Rating Group, BBB- from Fitch Ratings or Baa3 from Moody’s, (ii) in the case of any other Direct Payment Obligor, the state general bond obligation rating or equivalent long term issuer credit rating of at least A- from Standard and Poor’s Rating Group, A- from Fitch Ratings or A3 from Moody’s or (iii) such other general bond obligation rating satisfactory to the Administrative Agent in its sole discretion. “Minimum Discount Rate” means, as of any date of determination, the discount rate used to determineAggregate Discount Solar Asset Balance” in the most recent ABS transaction sponsored by the Borrower (as set forth in presale report prepared by the rating agency rating the securities issued in such ABS Transaction or in the final offering materials for such ABS transaction, a copy of the relevant portions of either of which has been provided to the Administrative Agent); provided, that (a) if no such ABS transaction has occurred within the 6- month period immediately preceding such date of determination, the Minimum Discount Rate shall, until the next such ABS transaction occurs, be deemed to be the blended weighted average cost of capital for the Borrower and i...
Milestone Three means Accelr8 having created an aggregate of 40 Qualified Jobs (including Qualified Jobs under Milestone One and Milestone Two);