Fail definition

Fail has the meaning given to it in the Protocol;

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;

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.

Examples of Fail in a sentence

• During the course of its review, the Asset Representations Reviewer will provide the [Issuing Entity][, the Grantor Trust] and the Servicer with a preliminary list of any Test Fail and the issues identified and, at that time, the Servicer has the option of electing to provide additional Review Materials or information which the Asset Representations Reviewer will analyze and consider in preparing the Review Report.

• If the missing Review Materials or other documents have not been provided by the Servicer within [ ] [Business Day][days], the related Review Report will report a Test Fail for each Test that requires use of the missing or insufficient Review Materials.

• Within 5 days after the end of the applicable Review period under Section 3.03(b), the Asset Representations Reviewer will deliver to the Issuing Entity, [the Grantor Trust,] the Servicer, and the Indenture Trustee a report (the “Review Report”) indicating for each Review Receivable whether there was a Test Pass, Test Fail or Test Complete for each related Test.

• Fail Safe The solution shall have a fail safe which will prohibit the system from ever going down.

• 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.

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. : 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 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: 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.