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 those certain milestones with respect to the Borrowers’ Sale including, but not limited to, the following:
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Sale Milestones has the meaning given to such term in Section 2.3.
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Examples of Sale Milestones in a sentence

  • The Debtors anticipate that they will continue to remain in compliance with the Contingent Sale Milestones as long as the Plan is Confirmed.

  • Failure of Borrower to comply with any of the Sale Milestones; provided that Lender may agree to an extension of any of the Sale Milestone dates in its sole and absolute discretion.

  • Upon the Debtors’ failure to meet one of the Plan Milestones, the Debtors may continue to use cash collateral if they “toggle” to a process to sell substantially all of their assets (as defined in the Final Cash Collateral Order, the “Sales Process”), in conformance with certain proscribed Sale Milestones (as defined in the Final Cash Collateral Order).

  • As written, any departure from the Sale Milestones (set forth in Subsection 6.12A of the DIP Facility anddiscussed in greater detail below) constitutes an Event of Default under the DIP Facility.

  • Obligors failure to meet any Sale Milestones shall constitute a Forbearance Termination event under this Agreement.

  • The Traditional Plan will be subject to certain milestones (together with the Sale Milestones, the “Milestones”) set forth in this Restructuring Term Sheet.

  • Option 2 (Traditional Plan): If any of the In-Court Sale Milestones are not timely satisfied, the Restructuring Transaction will be implemented through the Traditional Plan, which shall provide for a balance sheet restructuring on the Economic Terms (as defined below).

  • Figure 1 presents a summary of cost-effectiveness versus each type of energy source for typical power Cost Element Coal Nuclear Gas Solar Wind Capital 0.72 0.9 0.42 17.12 2.45 O&M Cost 1.0 1.4 0.50 1.00 1.00Energy Source 2.5 0.76 4.9 18.123.14(Direct Costs) Other 6.07 0.25 2.27Not DefinedNot Defined Total 10.29 3.31 8.09 18.12 3.45 sources for homes and industry needs from 1995-2005.

  • Notwithstanding anything to the contrary in this Agreement, the Lender shall have no obligation to make Advances which cause the outstanding balance of the Credit Facility to be more than $1 million unless all of the Sale Milestones have been satisfied, as determined by the Lender in its sole discretion.

  • The Borrower and its Subsidiaries shall comply with and achieve 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 means the milestones designated as sale milestones in the RSA, as referenced in ARTICLE V.S.
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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:
Sample 1

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.

  • Development Milestone is defined in Section 5.3.

  • 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 has the meaning set forth in Section 7.2.1.

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

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

  • Milestone Event has the meaning set forth in Section 8.2.1.

  • 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 has the meaning set forth in Section 4.2.

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

  • Milestone Notice 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 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).

  • 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;