Failure Period definition

Failure Period has the meaning set forth in Section 2.3.
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Failure Period means the total amount of time in which failures occurred during a given monthly period while the Customer is receiving support for high availability. However, failures that are not subject to this SLA are not counted towards the period.
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Failure Period means the total amount of time in which failures occurred during a given monthly period. However, failures that are not subject to this SLA are not counted towards the period. • Monthly Uptime Percentage is calculated as follows: 100 ⅹ {1 – (the total number of minutes during which failures occurred) / (the total number of minutes in a given monthly period)} • Monthly Fee means the total fee actually paid by the Customer to the Company for the Service in a given monthly period that the Failure occurred. If, however, fees are charged separately for each Project, Study, Run, and Node, the Monthly Fee is the amount the Customer actually pays for the Project, Study, Run, or Node in which the failure occurred. Service Credits Monthly Uptime Percentage Service Credit Percentage Less than 99.95% but greater than or equal to 99.0% 10% Less than 99.0% but greater than or equal to 95% 25% Less than 95.0% 100%
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Examples of Failure Period in a sentence

  • Three regions define the bathtub curves: Early Failure Period (sometimes called the Infant Mortality Period, the High Initial Failure Rate, or the Burn- in Failure), Intrinsic Failure Period (also referred to as the Stable Failure Period) and Intrinsic Failure Rate, or Useful Life Period, and the Wear-out Failure Period.

  • This region is known as the Early Failure Period (also' referred to as Infant Mortality Period, from the actuarial origins of the first bathtub curve plots).

  • A failure of the Biennial Average Real-Time High Operating Limit for any two consecutive Contract Years to be at least fifty percent (50%) of the Actual Facility Size, except to the extent excused by (i) a Force Majeure (without affecting Buyer’s right to terminate this Agreement under Section 10.1(c)), (ii) a Catastrophic Failure not caused by a Force Majeure, unless and until such Catastrophic Failure exceeds the duration of the Catastrophic Failure Period or (iii) a Reliability Curtailment.

  • If the deficit is not fully covered by other Participants through the Operations Program, the Delivery Failure Factor is twenty-five times for the first non-waived Energy Delivery Failure in a Cumulative Delivery Failure Period; and fifty times for the second and subsequent non-waived Energy Delivery Failures (regardless of whether the prior instance(s) of delivery failure were fully covered by other Participants) in a Cumulative Delivery Failure Period.

  • Unresolved issues or items identified for future follow-up will be documented/recorded.

  • In aluminium electrolytic capacitors, these failures are either corrected through aging or found during the 100% inspection processes and do not reach the field.Initial failures due to a bad application of the capacitor such as inappropriate ambient conditions, over voltage, reverse voltage or excessive ripple current can be avoided with an adequate circuit design and careful installation.(B) Random Failure Period (USEFUL LIFE)Here the failure rate is low.

  • If during any Two-Year Forecast Period the aggregate Net Sales during such period are less than [***] of the Two-Year Net Sales Forecasts for such period in the applicable Business Plan (a “Net Sales Failure” and any such period a “Net Sales Failure Period”) and a Party had a number of Details that was less than [***] of such Party’s Details Requirement (defined below) for the Net Sales Failure Period, then CONFIDENTIAL TREATMENT REQUESTED.

  • Thus, the Petitioner has paid the Energy Charges for the drawl of energy during the Grid Failure Period i.e. 30th & 31st July, 2012 on 18.07.2013.

  • If the deficit is fully covered by other Participants through the Operations Program, in each instance of failure, the Delivery Failure Factor shall be one for the first non- waived Energy Delivery Failure in a Cumulative Delivery Failure Period; ten times for the second non-waived Energy Delivery Failure in a Cumulative Delivery Failure Period; and twenty times for the third and subsequent non-waived Energy Delivery Failures in a Cumulative Delivery Failure Period.

  • This long period of low level failure rate is known as the Intrinsic Failure Period (also called the Stable Failure Period) and the constant failure rate level is called the Intrinsic Failure Rate.


More Definitions of Failure Period

Failure Period means, where the Failure is:
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Failure Period means the period from the Relevant Date to the date the Supplier is notified or discovers that the Odometer has a fault or is not working properly;
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Related to Failure Period

  • Cure Period means the period specified in this Agreement for curing any breach or default of any provision of this Agreement by the Party responsible for such breach or default and shall:

  • Listing Failure Event means that:

  • Hire Period means the period commencing when the Customer holds the Hire Goods on hire (including Saturdays Sundays and Bank Holidays) and ending upon the happening of any of the following events:

  • Transaction Failure Date means the 18-month anniversary of the Effective Date (or the 24 month anniversary of the Effective Date, if a letter of intent, agreement in principle or definitive agreement has been executed within 18 months after the Effective Date and the Business Combination relating thereto has not yet been consummated within such 18-month period).

  • Persistent Failure means any two (2) or more failures by the Supplier in any rolling period of twelve (12) months to comply with obligations in respect of the Contract Services under the Contract;

  • Public Information Failure Payments shall have the meaning ascribed to such term in Section 4.3(b).

  • GEP Failure means Seller’s failure to produce Delivered Energy in an amount equal to or greater than the Guaranteed Energy Production amount for the applicable Performance Measurement Period.

  • Supply Failure has the meaning given to it in Section 7.5.2 (Supply Failure).

  • MI Failure means when an MI report: a) contains any material errors or material omissions or a missing mandatory field; or b) is submitted using an incorrect MI reporting Template; or c) is not submitted by the reporting date(including where a Nil Return should have been filed);

  • Interruption Period shall have the meaning set forth in Section 5 hereof.

  • Epidemic Failure means a series of repeating failures or defects resulting in at least a 0.5% failure rate for the same Product or Material during any twelve-month period.

  • Daily Failure Amount means the product of (x) .005 multiplied by (y) the Closing Sale Price of the Common Stock on the applicable Share Delivery Date.

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.

  • SOFR Observation Period means, in respect of an Interest Accrual Period, the period from (and including) the date falling the number of SOFR Observation Shift Days prior to the first day of such Interest Accrual Period to (but excluding) the date falling the number of SOFR Observation Shift Days prior to the Interest Period Date for such Interest Accrual Period;

  • Recapture Period means the period commencing on the Effective Date and ending on the fifth anniversary of the last date that a Project owned by the Company is Placed in Service.

  • Observation Period means, in respect of an Interest Period, the period from, and including, the date falling "p" London Banking Days prior to the first day of such Interest Period (and the first Interest Period shall begin on and include the Interest Commencement Date) and ending on, but excluding, the date which is p London Banking Days prior to the Interest Payment Date for such Interest Period (or the date falling p London Banking Days prior to such earlier date, if any, on which the Notes become due and payable);

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Notice Period has the meaning set forth in Section 5.09(e).

  • Service Failure means a failure by the Contractor to provide the Services in accordance with any individual service level described above (measured on a monthly/quarterly/annual basis)

  • Event Period shall have the meaning assigned to such term in Section 7.2 hereof.

  • Force Majeure Period has the meaning specified in Section 13.1.

  • Reporting Failure has the meaning set forth in Section 2.4.

  • Service Level Failure means a failure to perform the Software Support Services fully in compliance with the Support Service Level Requirements.

  • Excused Downtime means the number of minutes in the Charging Period, rounded to the nearest minute that the link state of Customer’s Port is ‘down’ due to:

  • Public Information Failure shall have the meaning ascribed to such term in Section 4.3(b).