Failure Percentage definition

Failure Percentage means, as of any date of determination, a percentage equal to 100% minus the lower of (x) the lowest Non-Program Vehicle Disposition Proceeds Percentage Average for any Determination Date (including such date of determination) within the preceding twelve (12) calendar months (or such fewer number of months as have elapsed since the Closing Date) and (y) the lowest Market Value Average as of any Determination Date within the preceding twelve (12) calendar months (or such fewer number of months as have elapsed since the Closing Date).
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Failure Percentage has the meaning defined in Section 2.2.8 of this Schedule 7.1.
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Failure Percentage means, as of a Measurement Date, the percentage resulting from (i) [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] that as of such Measurement Date, Vendor has failed to [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] pursuant to Section 1.1(a) of this Schedule within the [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] applicable to each such [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] divided by the (ii) the sum of (A) [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] pursuant to Section 1.1(a) of this Schedule as of such [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] plus (B) [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] to be [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] of this [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] and for which the applicable [*Material Omitted CONFIDENTIAL TREATMENT REQUESTED and Separately Filed Under an Application for Confidential Treatment].
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Examples of Failure Percentage in a sentence

  • If no Product Warranty Failure Percentage is set forth in a Product Schedule or no Product Schedule applies, the default Product Warranty Failure Percentage shall be [***] percent ([***]%).

  • In the event that during any ninety (90) day period of the Warranty Period, the percentage of Products that fail to meet the above warranty is equal to or in excess of the Product Warranty Failure Percentage set forth in the Product Schedule, JDSU may immediately terminate this Agreement with respect to the relevant Product (in which case same shall constitute *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission.

  • Maximum Failure Percentage New in version 1.3.By default, Ansible will continue executing actions as long as there are hosts in the group that have not yet failed.

  • In Operational Slices 100 80 60 40 20 0 0% 5% 15% 25% Failure Percentage this way, the extra processing steps are executed only to improve the slice allocation process to fulfill the requirements defined in the SLA.

  • Dialog Box to Enter Septic System Failure Percentage Next, an information box appears indicating the combined effective reduction associated with CAFO dairy land BMPs.This script contains a condition statement that queries the land use grid, looking for grid cells with land use code 23 (for CAFO dairy lands) or 18 (for rural residential lands).

  • In the event that during any ninety (90) day period of the Term, the percentage of Products that fail to meet the above warranty is equal to or in excess of the Product Warranty Failure Percentage set forth in the Product Schedule, JDSU may immediately terminate this Agreement with respect to the relevant Product (in which case same shall constitute termination pursuant to Section 22.2 for a material breach not cured in accordance therewith) .

  • In the event of an Acquisition Failure Redemption (as defined in the Certificate of Designation) by the Holder, a percentage of the number of Warrants initially issued to the Holder under the Purchase Agreement equal to the Acquisition Failure Percentage (as defined below) shall automatically terminate and shall be returned to the Issuer by the Holder within five (5) business days of the Holder’s receipt of the Acquisition Failure Redemption Price (as defined in the Certificate of Designation).

  • If no Product Warranty Failure Percentage is provided in a Product Schedule or no Product Schedule applies, the default Product Warranty Failure Percentage is [****]%.

  • Effective Date: Product Name: Product Lead Time: Vendor Manufacturing Facility: P.D.D. Information: Contact Information: Escalation Path: Product Warranty Failure Percentage: Out of Warranty Repair costs: Vendor will respond to all issue raised by Blue Coat or that Vendor becomes aware (“Issues”) of in accordance with the Issue Resolution Table set forth below.

  • Effective Date: Product Name: Product Lead Time: Vendor Manufacturing Facility: P.D.D. Information: Contact Information: Escalation Path: Product Warranty Failure Percentage: Out of Warranty Repair costs: [insert Spreadsheet #1 – Finished Goods Information] [insert Spreadsheet #2 – Component Information] Escalation of Issues: Vendor will respond to all issue raised by Blue Coat or that Vendor becomes aware (“Issues”) of in accordance with the Issue Resolution Table set forth below.


More Definitions of Failure Percentage

Failure Percentage means, as of any date of determination, a percentage equal to 100% minus the lower of (x) the lowest Non-Program Vehicle Disposition Proceeds Percentage Average for any Determination Date (including such date of determination) within the preceding twelve (12) calendar months (or such fewer number of months as have elapsed since the Closing Date) and (y) the lowest Market Value Average as of any Determination Date within the preceding twelve (12) calendar months (or such fewer number of months as have elapsed since the Closing Date).10242859717-v1570-41038746
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Failure Percentage means, as of a Measurement Date, the percentage resulting from (i) [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] that as of such Measurement Date, Vendor has failed to [*Material Omitted and Separately Filed Under an Application for Confidential Treatment], divided by the (ii) the sum of (A) [*Material Omitted and Separately Filed Under an Application for Confidential Treatment] plus (B) [*Material Omitted and Separately Filed Under an Application for Confidential Treatment].
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Failure Percentage means, as of a Measurement Date, the percentage resulting from [*Material Omitted and Separately Filed Under an Application for Confidential Treatment]
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Related to Failure Percentage

  • Applicable Percentage means, with respect to any Lender, the percentage of the total Commitments represented by such Lender’s Commitment. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments.

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

  • Tranche Percentage means in respect of each Tranche, the Tranche Quantity expressed as a percentage of the sum of all the Tranche Quantities at the Supply Point.

  • Uptime Percentage The Uptime Percentage is calculated using the following formula: where Downtime is measured in user-minutes; that is, for each Applicable Period, Downtime is the sum of the length (in minutes) of each Incident that occurs during that Applicable Period multiplied by the number of users impacted by that Incident. Service Credit: Table of Contents / Definitions Downtime: Any period of time when users are unable to upload, view or edit videos in the video portal when they have appropriate permissions and valid content.

  • Applicable Multicurrency Percentage means, with respect to any Multicurrency Lender, the percentage of the total Multicurrency Commitments represented by such Multicurrency Lender’s Multicurrency Commitment. If the Multicurrency Commitments have terminated or expired, the Applicable Multicurrency Percentages shall be determined based upon the Multicurrency Commitments most recently in effect, giving effect to any assignments.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Purchase Percentage means, with respect to any Purchased Asset, the applicable Maximum Purchase Percentage specified in Schedule 1 (or as otherwise specified in the applicable Confirmation), as adjusted in accordance with Schedule 1 (or as otherwise specified in the applicable Confirmation).

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • L/C Percentage as to any L/C Lender at any time, the percentage of the Total L/C Commitments represented by such L/C Lender’s L/C Commitment, as such percentage may be adjusted as provided in Section 2.23.

  • Commitment Percentage means, as to any Lender at any time, the ratio of (a) the amount of the Commitment of such Lender to (b) the Aggregate Commitment of all of the Lenders.

  • PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the excess of the Required Coupon over the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is such Required Coupon. As to any Non-Discount Mortgage Loan, 0%.

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments (or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of the Revolving Loans then outstanding).

  • Strike Percentage means 100%

  • Applicable L/C Fee Percentage means, as at any date of determination, a rate per annum equal to the Applicable Eurodollar Margin for Revolving Loans in effect on such date.

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Designated Percentage shall have the meaning set forth in Section 1(a) hereof.

  • Applicable Dollar Percentage means, with respect to any Dollar Lender, the percentage of the total Dollar Commitments represented by such Dollar Lender’s Dollar Commitment. If the Dollar Commitments have terminated or expired, the Applicable Dollar Percentages shall be determined based upon the Dollar Commitments most recently in effect, giving effect to any assignments.

  • Pro Rata Percentage of any Revolving Credit Lender at any time shall mean the percentage of the Total Revolving Credit Commitment represented by such Lender’s Revolving Credit Commitment. In the event the Revolving Credit Commitments shall have expired or been terminated, the Pro Rata Percentages shall be determined on the basis of the Revolving Credit Commitments most recently in effect, giving effect to any subsequent assignments.

  • Class B-1 Prepayment Percentage As to any Distribution Date, the percentage calculated by multiplying the Subordinated Prepayment Percentage by either (i) if any Class B Certificates (other than the Class B-1 Certificates) are eligible to receive principal distributions for such Distribution Date in accordance with Section 4.01(d), a fraction, the numerator of which is the Class B-1 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d) or (ii) except as set forth in Section 4.01(d)(ii), in the event that the Class B Certificates (other than the Class B-1 Certificates) are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), one.

  • Non-PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is the Required Coupon. As to any Non-Discount Mortgage Loan, 100%.

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 1.1.

  • Requisite Percentage shall have the meaning set forth in Section 23(c)(i) hereof.

  • Discount Percentage shall have the meaning specified in Section 2.11.

  • Class B-2 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Percentage for such Distribution Date will be zero.

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including the last day of the third full calendar month following the Closing Date, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled “Level II”; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled “Level II”: I > 50% of the Maximum Revolver Amount 0.375 percentage points II ≤ 50% of the Maximum Revolver Amount 0.50 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each month by Agent.