Performance Milestone definition

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

Performance Milestone means an act or event specified described in Section 9 of the Business Terms.

Performance Milestone means any of the milestones described in Section A2 (Performance Milestones) of attached Exhibit A (Start-Up License Schedule).

Examples of Performance Milestone in a sentence

• Novartis will achieve the specific performance milestone events set forth in SCHEDULE 6.4.2 (“Specific Performance Milestone Events”); provided, however, if [***] issues arise that are outside of Novartis’ reasonable control that impede achievement of any such Specific Performance Milestone Event on the stated timeline, the Parties will meet and discuss in good faith through the JDCC and revise the date by which the applicable Specific Performance Milestone Event will be or can be achieved.

• Each payment to Belltree shall be contingent upon (i) written confirmation from the Client stating that the relevant Performance Milestone has been satisfactorily completed; and (ii) receipt of an invoice by the Client from Belltree as provided in Section 2.3 below.

• As used herein, “Project Work Product” means all work product prepared by or on behalf of Purchaser, including without limitation, all plans, surveys, reports and studies relating to the Property or the Project or any Performance Milestone or any agreement or application for any Project permit, approval, consent or entitlement including all related applications and agreements, or utility access or reservation agreements, involving, submitted to or issued by any governmental body having jurisdiction.

More Definitions of Performance Milestone

Performance Milestone means a development milestone of the Providing Unit as set out in Schedule 4;

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

Performance Milestone means satisfaction of each of the following events: (a) no default or Event of Default shall have occurred and be continuing; and (b) Borrower shall have received after the Closing Date and on or prior to March 31, 2020, an amount equal to at least Fifty Million Dollars ($50,000,000) in unrestricted (including, not subject to any redemption, clawback, escrow or similar encumbrance or restriction other than in the case the Permitted Convertible Debt Financing) net cash proceeds from one or more bona fide equity financings, Subordinated Indebtedness (which, for the avoidance of doubt, may include the net proceeds received from any Permitted Convertible Debt Financing) and/or upfront or other milestone proceeds from business development transactions permitted under this Agreement, in each case subject to verification by Agent (including supporting documentation reasonably requested by Agent).

Performance Milestone has the meaning set forth in Section 8.3.

Performance Milestone means an act or event specified in section 5.1 of this Agreement and described in section A2 of attached Exhibit A.

Performance Milestone means any of the milestones described in Section A2 “Performance Milestones” of attached Exhibit A “Start-Up License Schedule”.

Performance Milestone means satisfaction of each of the following: (a) no Event of Default shall have occurred and be continuing, and (b) Borrower has delivered to Agent evidence satisfactory to Agent in Agent’s sole discretion that any one of the following has occurred on or prior to June 30, 2020 (which confirmation may require supporting documentation reasonably requested by Agent); (i) the Equity Event, (ii) the Clinic Level Equity Event, (iii) the Clinic Level Event, or (iv) the Capital Event.