Milestone Value definition

Milestone Value means in respect of any Milestone that part of the Contract Price payable in respect of completion of that Milestone.
Milestone Value has the meaning given in Part I of this Schedule 1;
Milestone Value has the meaning given in Schedule 7.1 (Charges and Payment);

Examples of Milestone Value in a sentence

  • In case of delay in completion of milestone as specified in TOR, liquidated damages not exceeding an amount equal to 0.1% (zero point one per cent) of the Milestone Value per day, subject to a maximum of 10% (ten per cent) of the Agreement Value shall be imposed and shall be recovered by appropriation from the Performance Security or otherwise.

  • Total Milestone Value (15 Marks)The financial value of all the milestones within the suppliers bid will be added together to give a total milestone value per bidder.

  • A dollar value, called the Milestone Value, is the full value for each deliverable payment upon reaching a milestone.

  • Owner shall pay to Consultant in respect of such Milestones as properly certified as complete by Consultant in accordance with Article 8.1.1.4, the relevant Milestone Value in respect of each Milestone so certified, within 15 days of receipt of certification from Consultant, at owner‟s Disbursement Section at Mumbai.

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More Definitions of Milestone Value

Milestone Value has the meaning given in paragraph 5.3.2 of Part B of Schedule 7.1 (Charges and Payment);

Related to Milestone Value

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

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

  • 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 Event has the meaning set forth in Section 8.4.

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

  • 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;

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

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

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

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

  • Milestone Events has the meaning set forth in Section 3.3 (Milestone Payments).

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

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

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

  • SPS AER Value means the Underlying Reference Value.

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

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

  • Target Value shall have the meaning stated in Section 7.2 of Schedule D to this Agreement.

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

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

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.