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. 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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Payable Milestone means that once a “Milestone” has been met the Government can approve payment to SOSSEC of a predetermined dollar amount in relation to performance of a particular project under the Other Transaction Agreement.
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Examples of Payable Milestone in a sentence

  • 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.

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

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

  • 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 CMC shall submit with its request for payment a Payable Milestone Report.

  • The final Payable Milestone will be adjusted unilaterally by the Contracting Officer to reflect the total costs incurred, if such costs are less than the total amount of all Payable Milestones as shown on Attachment E.

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

  • The PAH shall segregate and track all individual project costs separately and shall document the accomplishments of each Payable Milestone under each Project Agreement.

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

  • Fixed Price Milestone Payment Method: 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.


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 VLC 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 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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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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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).

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

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

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

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

  • 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 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;

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

  • 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.

  • 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 has the meaning set forth in Section 4.2.

  • AHYDO Catch-Up Payment means any payment, including payments made on subordinated debt obligations, in each case to the extent such payment is necessary to avoid the application of Section 163(e)(5) of the Code.

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

  • Earnout Amount has the meaning set forth in Section 2.5.1b).

  • Earnout Period has the meaning set forth in Section 3.6(a).

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

  • Additional Accelerated Purchase Minimum Price Threshold means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, any minimum per share price threshold set forth in the applicable Additional Accelerated Purchase Notice.

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.