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Fail definition

Fail has the meaning given to it in the Protocol;
Fail means the removal under the Rules of the whole or part of an Instruction from Batch Settlement or Real Time Gross Settlement, on a Business Day.
Fail means any Open Position that has not given rise to a full cash payment or full delivery of Securities during the last settlement windows of the Settlement Date;

Examples of Fail in a sentence

  • For each Test Fail or Test Complete, the Review Report will indicate the related reason, including (for example) whether the Review Receivable was a Test Fail as a result of missing or incomplete Review Materials.

  • The Asset Representations Reviewer will only be required to perform the testing procedures listed under “Procedures to be Performed” in Schedule A, and will have no obligation to perform additional procedures on any Asset Review Receivable or to provide any information other than an Asset Review Report indicating for each Asset Review Receivable whether there was a Test Pass or a Test Fail for each Test, or whether the Asset Review Receivable was a Test Complete and the related reason.

  • If the missing or insufficient Asset Review Materials have not been provided by the Servicer within fifteen (15) days, the parties agree that the Asset Review Receivable will have a Test Fail for the related Test(s) and the Test(s) will be considered completed and the Asset Review Report will indicate the reason for the Test Fail.

  • Failing this test also results in returning an overall QM status of Fail.

  • For each Test Fail, overall Test Fail or Test Complete, the Review Report will indicate the related reason.


More Definitions of Fail

Fail means that the report is materially inaccurate or misleading; such a report violates one or more significant reporting standards, seriously departs from Generally Accepted Accounting Principles, or does not include material disclosures necessary for a fair presentation.
Fail means refuse or fail;
Fail loop. “Fail” means, a) current TA application is closed out with failure report b) adjust., reset engine parameter for retest or c) further manufacturer may re-apply afresh after redevelopment)
Fail. : shall mean a Collateral Instruction of DVP operation, FOP or FOP-R not totally settled or partially settled at the end of the Intended Settlement Date (ISD);
Fail means that the report is materially inaccurate or misleading; such a report
Fail means the removal by the Approved Settlement Facility of the whole or part of:
Fail means that the majority of the exam was not acceptable. The student will be given one additional opportunity to retake either the entire exam or a portion of the exam, as determined by ELPS faculty reviewers. Explicit criteria outlined from the faculty review process will be communicated to the student by the Academic Advisor. The student may be instructed to retake the exam on the DU campus with a proctor. Two faculty members will read the exam and rate it as either “Pass” or “Fail.” The ELPS PhD student must pass the comprehensive exam in order to graduate.