MI Default definition

MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);

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MI Default means when two (2) MI Reports are not provided in any rolling six (6) month period

MI Default has the meaning given to it in paragraph 6.1 of Panel Agreement Schedule 9 (Management Information);

Examples of MI Default in a sentence

• If: two (2) MI Failures occur in any rolling six (6) Month period; two (2) consecutive MI Failures occur; or then a "MI Default" shall be deemed to have occurred.

• For the avoidance of doubt the Parties agree that: the Management Charge relating to an MI Default shall be payable as though it was the Management Charge due in accordance with the provisions of Clause 13 of this Framework Agreement; and any rights or remedies available to CCS under this Framework Agreement in respect of the payment of the Management Charge shall be available to CCS also in respect of the payment of the Management Charge relating to an MI Default.

• The Default Management Charge shall be the higher of the average Management Charge paid or payable by the Supplier in the previous six (6) Month period or, if the MI Default occurred within less than six (6) Months from the commencement date of the first Call-Off Contract, in the whole period preceding the date on which the MI Default occurred; or the sum of five hundred pounds (£500).

• If an MI Default occurs, CCS shall be entitled to invoice the Supplier this Management Charge (less any Management Charge which the Supplier has already paid to CCS in accordance with Clause 13 for any Months in which the Management Charge relating to an MI Default is payable) calculated in accordance with paragraph 6.3 above: in arrears for those Months in which an MI Failure occurred; and on an ongoing Monthly basis, until all and any MI Failures have been rectified to the reasonable satisfaction of CCS.

• If an MI Default occurs CCS shall (without prejudice to any other rights or remedies available to it under this Framework Agreement) be entitled to determine the level of Management Charge in accordance with paragraph 6.3, which the Supplier shall be required to pay to CCS and/or to terminate this Framework Agreement.

More Definitions of MI Default

MI Default has the meaning given to it in paragraph 6.1 of DPS Schedule 9 (Management Information);

MI Default has the meaning given to it in paragraph 6.1 of Panel

MI Default. An Agency is deemed to be in MI Default if it either:

MI Default shall have the meaning given to it in paragraph 6 of Schedule 8 (Management Information);

MI Default has the meaning given to it in Paragraph 8.1 of Schedule 6

MI Default means when two (2) MI Reports are not provided in any rolling six(6) month period "MI Failure" means when an MI report:a) contains any material errors or material omissions or a missing mandatory field; orb) is submitted using an incorrect MI reporting Template; orc) is not submitted by the reporting date (including where a declaration of no business should have been filed); "MI Report" means a report containing Management Information submitted to the Authority in accordance with Framework Schedule 5 (Management Charges and Information); "MI Reporting Template" means the form of report set out in the Annex to Framework Schedule 5 (Management Charges and Information) setting out the information the Supplier is required to supply to the Authority; "Milestone" an event or task described in the Implementation Plan; "Milestone Date" the target date set out against the relevant Milestone in the Implementation Plan by which the Milestone must be Achieved; "Month" a calendar month and "Monthly" shall be interpreted accordingly; "National Insurance" contributions required by the Social Security Contributions and Benefits Act 1992 and made in accordance with the Social Security (Contributions) Regulations 2001 (SI 2001/1004); "New IPR" a) IPR in items created by the Supplier (or by a third party on behalf of the Supplier) specifically for the purposes of a Contract and updates and amendments of these items including (but not limited to) database schema; and/orb) IPR in or arising as a result of the performance of the Supplier’s obligations under a Contract and all updates and amendments to the same;but shall not include the Supplier’s Existing IPR; "Occasion of Tax Non–Compliance" where:a) any Tax return of the Supplier submitted to a Relevant Tax Authority on or after 1 October 2012 is found on or after 1 April 2013 to be incorrect as a result of:i) a Relevant Tax Authority successfully challenging the Supplier under the General Anti-Abuse Rule or the Halifax Abuse Principle or under any Tax rules or legislation in any jurisdiction that have an effect equivalent or similar to the General Anti-Abuse Rule or the Halifax Abuse Principle;

MI Default has the meaning given to it in Schedule 11 (Management Information, Reporting and Records).