Examples of Failure Period in a sentence
Either Party that wishes to declare that Target 1 or an Option Target is a Failed Target must notify the other Party in writing (which may be by email) during the Failure Period, and, by no later than [***] following receipt of such notice by the other Party, the JRC shall determine whether Target 1 or an Option Target is a Failed Target.
Notwithstanding anything to the contrary contained herein, the failure to timely deliver a Preliminary Financial Covenant Compliance Report or Final Financial Covenant Compliance Report shall commence a Covenant Failure Period.
In the event McDATA's Products failure rate exceeds the Epidemic Defects during the Epidemic Failure Period, EMC has the option of having McDATA, at McDATA's expense: (a) sort, screen, repair and/or replace EMC's Product, including installed Products, Products pending installation, and Spares which are subject to such failure; and (b) conduct a thorough investigation into the failure's root cause, and with EMC's concurrence, implement corrective action.
McDATA will repair or replace, at no charge to EMC, any epidemic defects found to exist in the Products at any time prior to [*] (Epidemic Failure Period).
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.
During the Interest Coverage Failure Period, the ratio of Home Building Debt to Consolidated Tangible Net Worth shall at no time exceed 1.25 to 1.0. An example of the calculation of the Interest Coverage Ratio is as set forth in Schedule 8.3 hereto.
In the event that the Company does not promptly deliver a Registration Failure Notice, or such Registration Failure Notice is delivered after the Exercising Holder tenders a Notice of Exercise during a Registration Failure Period, the Exercising Holder shall have the right to rescind any such Notice of Exercise and the Company shall promptly reinstate any Warrants so exercised and return any Exercise Price paid to the Company.[3] Amount equal to 100% of the public offering price of the Units.
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.
For example, if the policies are to monitor web traffic, and perform destination based routing, we have to provide rules for (dst, port 80) and (dst, other ports) for each destination dst.
Notwithstanding the foregoing, a Party may not terminate this Agreement pursuant to this Section 19.2 if, during the applicable Net Sales Failure Period, such Party performs a number of Details that is less than [***] of such Party’s Details Requirement for the Net Sales Failure Period.