Stage Gate Review definition
Examples of Stage Gate Review in a sentence
Following the first Annual Payment, each subsequent Annual Payment shall increase by the greater of: (x) five percent (5%) of the previous year’s Annual Payment; or (y) the percentage increase in the Consumer Price Index (CPI) for All Urban Consumers, as published by the U.S. Bureau of Labor Statistics, for the twelve-month period ending on December 31 of the preceding calendar year.
Stage Gate Review (clause 5) [Optional clause] [Drafting note: Insert details of Stage Gate Review if the Multi-Stage Funding Mechanism clause is being used.
ARENA to list any documents or information required for it to make a decision in respect of the Stage Gate Review.
This list will be tailored to the specifics and requirements of each Project.] Following ARENA’s approval of the milestone immediately prior to the Stage Gate Review, ARENA will conduct a Stage Gate Review in accordance with clause 5 (Multi-Stage Funding Mechanism).