Payable Milestone definition

Payable Milestone means that once a milestone has been met (see definition of “milestone”), the Government can approve payment to the MCDC of a predetermined dollar amount in relation to performance of a particular project under the Other Transaction Agreement.
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Payable Milestone means that once a milestone has been met (see definition of “milestone”), the Government can approve payment to the COMPANY of a predetermined dollar amount in relation to performance of a particular project under the Other Transaction Agreement.
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Payable Milestone. A Program-related task or tasks identified in Attachment 3 for which a corresponding payment (also identified in Attachment 3) will be made by the Government to the Performer upon the Government’s verification, in accordance with this Agreement, that the Performer (or a Subcontractor) accomplished such task(s).
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Examples of Payable Milestone in a sentence

  • The Performer shall document the accomplishments of each Payable Milestone by submitting or otherwise providing the Payable Milestones Report required by Attachment 2, Part D.

  • The Payable Milestone Schedule may be revised as appropriate and deemed necessary by issuance of a bilateral modification to the Project Agreement.

  • Quarterly reviews by the AOR and the CMF will assess the need for revisions to the Payable Milestone Schedule.

  • If deemed necessary by the Agreements Officer, payment approval for the final Payable Milestone will be made after reconciliation of DARPA funding with actual Performer contributions.

  • Payable Milestone Reports shall be marked with Distribution Statement B: “DISTRIBUTION STATEMENT B.

  • After written verification of the accomplishment of the Payable Milestone by the DARPA AOR, and approval by the AO, the Performer will submit their invoice through Wide Area Work Flow (WAWF), as detailed in paragraph B.5. of this Article.

  • This information shall be as required by Article V, paragraph B and shall be sufficient for the DARPA Agreements Officer’s Representative to reasonably verify the accomplishment of the milestone in accordance with the Attachment No. 1 Statement of Work and Attachment No. 3 Payable Milestone Plan.

  • The Recipient must submit a Standard Form (SF) 270, “Request for Advance or Reimbursement” at xxxxx://xxxxxx.xxx.xxx.xxx/vipers.htm and attach the Payable Milestone Report that documents the accomplishments of each Payable Milestone, as required by Attachment E.

  • Payments shall be made in accordance with the Payable Milestone Schedule of each Project Agreement, provided the designated AOR has verified compliance with the Statement of Work and accomplishment of the stated effort.

  • The Government has no obligation to pay the Performer beyond the last completed and paid Payable Milestone if the Performer decides to terminate under this paragraph B.


More Definitions of Payable Milestone

Payable Milestone means a milestone for which an invoice will be submitted by the Project Award Holder (PAH) for approval by NAWCAD. This approved payment will represent an agreed- upon dollar amount specified in the Project Agreement (PA) and will include the Lead Member management and administrative fee.
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Payable Milestone means that once a Milestone has been met in fixed price OTIAs, the Government can approve payment to of a predetermined dollar amount in relation to performance of a particular project under this Agreement. For cost reimbursable OTIAs, payment will be made based on actual costs incurred.
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Payable Milestone means that once a milestone has been met (see definition of “Milestone”), the Government can approve payment to NSTXL of a predetermined dollar amount in relation to performance of a particular project. "Program Executive Office for Simulation, Training and Instrumentation" (aka PEO STRI”) refers to the acquisition activity responsible for the overall programmatic and financial oversight of the Training and Readiness Accelerator.
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Payable Milestone means that once a milestone has been met (see definition of "milestone"), the Government can approve payment to the Project-Level Performer through SOSSEC, Inc., of a predetermined dollaramount in relation to performance of a particular project under this Agreement.
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Related to Payable Milestone

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

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

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

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

  • Development Milestone is defined in Section 5.3.

  • 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.

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

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

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

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

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

  • Milestone Events has the meaning set forth in Section 7.2.

  • 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.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • 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").

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

  • 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).

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • Earnout Period has the meaning specified in Section 2.03(a).

  • Earnout Payment has the meaning set forth in Section 2.3(b).