Sale Milestones definition

Sale Milestones means, with respect to an Acceptable 363 Sale, each of the following deadlines:
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Sale Milestones means the milestones designated as sale milestones in the RSA, as referenced in ARTICLE V.S.
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Sale Milestones means those certain milestones with respect to the Borrowers’ Sale including, but not limited to, the following:
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Examples of Sale Milestones in a sentence

  • For the avoidance of doubt, the Debtor must receive written consent as to any Material DIP Amendment from the DIP Secured Parties prior to filing notice thereof with the Court .3.3 Sale Milestones.

  • While the Sale Milestones are certainly aggressive, the DIP Lenders would not have agreed to provide the financing under the DIP Documents without them.

  • The Sale Milestones do not reasonably allow the Debtors to propose a plan of reorganization alternative to a sale that could maximize the value of the Debtor’s assets and recoveries for creditors.

  • Any failure by the Debtors to comply with these Sale Milestones that is not remedied or waived within five (5) Business Days is an Event of Default.

  • The DIP Credit Agreement contains certain sale milestones (" Sale Milestones") that the Debtors must meet throughout these Chapter 11 Cases, and a failure to meet such Milestones constitutes an event of default under the DIP Credit Agreement.

  • The Events of Default including Sale Milestones in the DIP Facility Improperly Hinder the Debtors’ Efforts to Maximize Value.

  • Under the circumstances, the inflexible Sale Milestones are inappropriate.

  • The Debtors agree to adhere to the following milestones with respect to the sale of all or substantially all of their assets (collectively, the "Sale Milestones"): For the avoidance of doubt, failure to comply with the Sale Milestones or the other provisions of this paragraph 35 shall be a Termination Event for purposes of this Interim Order.

  • The Debtors shall have commenced a sale process for the Assets in accordance with the Sale Milestones, which require that the Debtors file with the Bankruptcy Court a motion to approve marketing and bidding procedures for the Assets.

  • Plaintiffs also argue that PRA breached a covenant of good faith and fair dealing by “diverting resources and changing operational priorities” and “limiting Mr. Parthasarathy’s role and ultimately terminating his employment,” thereby7 Plaintiffs’ contention that the for purposes ofachieving the Sales Milestones is an issue raised in Plaintiffs’ Motion and is considered below in conjunction with decision of that motion.interfering with achievement of the Sale Milestones.


More Definitions of Sale Milestones

Sale Milestones shall have the meaning set forth in Section 6.16 hereof.
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Sale Milestones the following milestones with respect to the Contemplated Transactions, in each case, in a manner satisfactory to the Lender in its sole and absolute discretion:
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Sale Milestones has the meaning given to such term in Section 2.3.
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Related to Sale Milestones

  • 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.

  • 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.

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

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

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

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

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

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

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

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

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

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

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

  • Stage 1 means the area at Port Xxxxxxx which is the subject of this Agreement and of the ERMP and which is shown bordered in purple as “stage 1” on Department of Land Administration 4 Miscellaneous Plan No. 1743;

  • Timeline means the list of critical dates and actions included in the Introductory Materials.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

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

  • ASAM criteria means the most current edition of the American Society of Addiction Medicine's published criteria for admission to treatment, continued services, and discharge.

  • Successful Completion means that in the reasonable opinion of the Customer, Deliverables completed by the Supplier are fit for purpose, completed on time and otherwise meet all the criteria defined under this Contract;

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;