Critical Thresholds Clause Samples
The Critical Thresholds clause defines specific limits or benchmarks that, when reached or exceeded, trigger certain actions or consequences within an agreement. For example, it may set a maximum allowable delay in project completion or a minimum performance standard, and if these thresholds are crossed, remedies such as penalties, renegotiation, or termination may be initiated. This clause serves to clearly establish the points at which significant contractual responses are required, thereby managing risk and ensuring both parties are aware of the boundaries that must not be crossed.
Critical Thresholds. Aggregate Response Time that is greater than [*] will result in Timeouts (the "Critical Threshold").
Critical Thresholds. The Province may designate any one or more of the Measured Services to be subject to a “Critical Threshold” and for that Measured Service, the levels of performance or other performance by Supplier that will give rise to the corresponding remedies will be set out in the Service Level under the applicable SOW, including by way of example, immediate escalation to a particular level of the governance process or termination rights arising under this Agreement upon the occurrence of the Critical Threshold. If a Critical Threshold occurs in respect of a Measured Service, then the Province will be entitled to exercise the express remedies applicable to the Critical Threshold.
Critical Thresholds. Aggregate Response Time that is greater than 500 ms will result in Timeouts (the “Critical Threshold”).