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.
Within 5 (five) business days following the applicable Review period described in Section 3.06, the Asset Representations Reviewer will provide the Issuing Entity, Sponsor, Depositor, Servicer and Indenture Trustee with a Review Report providing each Test result (i.e., Test Pass, Test Fail or Test Complete) for each ARR Receivable.
In the event missing Review Materials are not provided within this timeframe, the Test or Tests will be considered completed and the Review Report will report a Test Fail for the related ARR Receivable or applicable representation or warranty and the reason for the Test Fail.
More Definitions of Fail
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 refuse or fail;
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 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 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.
Fail equates to "No". "Pass" equates to "Yes". FAIL The lease contains a bargain purchase option. "Fail" equates to "No". "Pass" equates to "Yes". FAIL The lease term is equal to 75% or more of the estimated economic life of the leased property, and the beginning of the lease term does not fall within the last 25% of the total economic life of the leased property. Original Economic Years into Economic Remaining Economic Term of Deal (yrs) % of Life TriggerPlant Life (yrs) Plant Life Plant Life (yrs) Test 35 0 35 20 57% 75% FAIL Beginning of Plant Ending of Plant Life (yrs) Last 25% Date Beginning of Lease Test 6/1/2009 5/31/2044 35 9/1/2035 6/1/2009 FAIL FAIL The present value of the minimum lease payments at the beginning of the lease term is 90% or more of the fair value to the lessor less any investment credit retained by the lessor. This requirement cannot be used if the lease's inception is in the last 25% of the useful economic life of the leased asset. The interest rate, used to compute the PV, is the incremental borrowing rate of the lessee unless the implicit rate is available and lower. Percentage of Capacity PMT that is Executory Costs (%) Cost to Build $/KW MW FMV $ PV Minimum Lease Pmts Trigger (90% of Test(Non-Executory Costs) FMV) 25% $700 420 $294,000,000 $209,583,165 $264,600,000 FAIL Designation: OPERATING LEASE RFP2012 APPENDIX G Bidder Site Control Form Appendix G RFP 2012 Bidder Site Control Form Project Name: Site Location: Street Address or Nearest Intersection: Acres: Distance to Natural Gas Supply: Distance to Water Supply (if not using ACC): Check items that are applicable: Property is owned by Bidder. Property is leased by Bidder, with an Option to buy. Lease/Option Expires: Property is Optioned by Bidder through (date): _ Option is Exclusive or Non-Exclusive Option is to Purchase or Lease Site is selected, but not formally secured. Site will require zoning change as part of permitting process. APPENDIX G