Milestone Deadlines Clause Samples
Milestone Deadlines. Notwithstanding the qualified nature of Orchard’s obligations under clause 4.1(b), the Parties acknowledge that any delay by Orchard in the provision of documentation and/or materials or performance of its activities set out in the Collaboration Plan (together the “Orchard Performance Obligations”) could prevent BioMedica from achieving the Milestones on or before the dates for such achievement as set out in Schedule 3. In the event that there is a delay in the performance of any Orchard Performance Obligations caused by Orchard and such delay directly or indirectly prevents BioMedica from achieving a Milestone on or before the dates for such achievement as set out in Schedule 3, the dates for achieving the affected Milestone and any linked subsequent Milestones which are affected by such delay shall be extended by the length of such delay. In the event that the Parties are unable to agree on (i) whether the delay in the performance of any Orchard Performance Obligations caused the delay or directly or indirectly prevented BioMedica from achieving a Milestone by the due date; or (ii) the applicable extension to such dates, the matter shall be referred to the Steering Committee for determination in accordance with clause 2.6.
Milestone Deadlines. (a) Developer shall satisfy all conditions to issuance of NTP2 by the NTP2 Conditions Deadline.
(b) Developer shall achieve Service Commencement for all Project Segments by the Service Commencement Deadline.
(c) Developer shall achieve Final Acceptance for each Project Segment by the Final Acceptance Deadline for such Project Segment.
Milestone Deadlines. For purposes of the Lease and this Tenant Work Letter, Landlord shall achieve the following milestones (each a “Milestone”) by the applicable date set forth below (such applicable date, a “Milestone Deadline”), subject to extension for Tenant Delay and Force Majeure Delay (defined below). • Substantial Completion Date – June 1, 2018. • Final Completion Date – April 1, 2019. • Completion of the Hotel and The Sanctuary – April 1, 2019.
Milestone Deadlines. The Vendor’s timely performance of all Work is of the essence. The Vendor shall develop a Schedule for the Authority’s approval that conforms to the milestone deadlines (“Milestone Deadlines”) described below and in accordance with the requirements in the Technical Specifications. Once approved, the Schedule shall become a Contract Document.
2.1.1 Milestone 1 the Initial Design Review meeting shall be conducted within 8 weeks from the NTP.
2.1.2 Milestone 2 the Final Design Review meeting shall be conducted within 12 weeks from the NTP.
Milestone Deadlines. The Parties acknowledge that the development of the Project is a major undertaking in design, construction, and investment by each Party. Accordingly, to avoid any undue and unnecessary constraint on assets (both current and future), Company agrees that it will endeavor to complete each of the following activities (each a “Milestone” and collectively the “Milestones”) by the applicable date (each a “Milestone Deadline” and collectively the “Milestone Deadlines”):