Significant Milestone definition

Significant Milestone means the events identified as significant milestones on Exhibit 2.
Sample 1Sample 2
Significant Milestone means each milestone set forth in the Construction Schedule that is identified on Schedule 4.01(f).
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Significant Milestone means each milestone set forth in the Construction Schedule that is identified onSchedule 4.01(f)to the OpCo Senior Credit Agreement.
Sample 1

Examples of Significant Milestone in a sentence

  • Action Item No. PS Agreement Reference Description of Proposed Change Benefits Arising Timeframe for Implementation / Significant Milestone.

  • July 2019 | News Collaboration Achieves First Significant Milestone with Successful Execution of Technology Transfer As the two organizations move closer to the commencement of the clinical trial to determine the safety and tolerability of the Apograft technology for bone marrow transplantations, Cellect Biotechnology Ltd.

  • Seller shall immediately notify COMPANY of (i) any inability of Seller to achieve a milestone event in accordance with the Significant Milestone Schedule for any reason, or (ii) any determination by Seller that the Facility shall be incapable of providing the Contract Amount upon Commercial Operation.

  • Seller acknowledges that failure to achieve a milestone event in accordance with the Significant Milestone Schedule or inability to provide the Contract Amount upon Commercial Operation, unless otherwise excused under Section 4.4 or 4.5, the COMPANY may terminate this Agreement pursuant to Section 9.1 at its discretion and may retain the Development Security pursuant to Section 6.1 as its sole and exclusive remedy arising from any such failure or inability.

  • Performance Bonds will be returned to the Contractor after the Procuring Entity sends the corresponding report to the Superintendence and the Ministry within fifteen days of the Procuring Entity receiving the respective Technical Auditor's report, which verifies timely and full compliance with the deadline for the respective milestone, and after having received the Performance Bond for the next Significant Milestone.

  • Likewise, debtors will often give up ra- ther than fight a frivolous claim: “filing objections to time-barred claims consumes energy and resources in a debtor’s bankruptcy case, just as filing a limitations defense does in state court.” Crawford, 758 F.3d at 1261.

  • Upon reasonable prior notice (in light of the circumstances), Seller will provide PECO and its authorized agents, employees and inspectors with reasonable access to the Facility: (i) to provide tours of the Facility to guests of PECO, to the extent practicable, (ii) to ascertain the status of the Facility with respect to any Significant Milestone or any other obligation of Seller under this Agreement, and (iii) for other reasonable purposes at the reasonable request of PECO.

  • Seller acknowledges that failure to achieve a Significant Milestone in accordance with the Significant Milestone Schedule or inability to provide the Contract Amount upon Commercial Operation, unless otherwise excused under the provisions of this Agreement, shall constitute a material breach of this Agreement and permit PECO to terminate this Agreement and retain the Development Security as provided in Section 6.1.

  • Notwithstanding the foregoing, if stages take over 24 months to complete, the period between the Significant Milestones will be greater than or equal to 6 months, except for Significant Milestone number 4.

  • Seller shall immediately notify PECO of (i) any inability of Seller to achieve a Significant Milestone in accordance with the Significant Milestone Schedule for any reason, or (ii) any determination by Seller that the Facility shall be incapable of providing the Contract Amount upon Commercial Operation.


More Definitions of Significant Milestone

Significant Milestone means each milestone set forth in the Construction Schedule that is identified onSchedule 4.01(f)to the OpCo Senior Credit Agreemen.t
Sample 1
Significant Milestone. Managing director and CEO Xxxx Xxxxxxxxxx said: "APC now has 100% of its DFS output under offtake. This is a significant milestone for the company and bears testament to the open and cooperative relationship we have developed with our major offtake partner, XXXX XX. "XXXX continues to pursue their clear strategic direction of expanding their value in brand across the world's major fertiliser markets, and importantly this includes the lucrative and under-supplied North American continental market. "SOP economics are driven by demand for high-quality horticultural crops, which are grown in large volumes in this market." The parties' obligations under the agreement are subject to and conditional on long-form documentation being executed by November 30, 2020, and APC reaching a final investment decision to develop the LSOP by March 31, 2021.
Sample 1

Related to Significant Milestone

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

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

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

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

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

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

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

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

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

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

  • 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.

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

  • major non-compliance outcome notification means a notification received by a council under section 19N(3) or (4) of the Food Act 1984, or advice given to council by an authorized officer under that Act, of a deficiency that does not pose an immediate serious threat to public health but may do so if no remedial action is taken

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • 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.

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

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.

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

  • Actual miles means the actual distance a vehicle has traveled while in operation.

  • Material Compliance Matter has the same meaning as the term defined in Rule 38a-1, and includes any compliance matter that involves: (1) a violation of the federal securities laws by Distributor (or its officers, directors, employees, or agents); (2) a violation of Distributor's Rule 38a-1 policies and procedures; or (3) a weakness in the design or implementation of Distributor's Rule 38a-1 policies and procedures.

  • Pivotal Clinical Trial means a pivotal human clinical trial of a Licensed Product with a defined dose or a set of defined doses of such Licensed Product designed to ascertain efficacy and safety of such Licensed Product for the purpose of enabling the preparation and submission of an MAA to the competent Regulatory Authorities in a country of the Territory, as further defined in 21 C.F.R. § 312.21(c) for the U.S., as amended from time to time, or the corresponding foreign regulations.

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

  • 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;

  • Autism spectrum disorder means a neuro-developmental condition typically appearing in the first three years of life that significantly affects a person's ability to communicate, understand relationships and relate to others, and is frequently associated with unusual or stereotypical rituals or behaviours.

  • Expected week of childbirth means the week, starting on a Sunday, during which the mother's doctor or midwife expects her to give birth.

  • Continuous Improvement Plan means a plan for improving the provision of the Goods and/or Services and/or reducing the Charges produced by the Supplier pursuant to Framework Schedule 12 (Continuous Improvement and Benchmarking);