MI Default definition

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

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

• 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 first day of the first Term, in the whole period preceding the date on which the MI Default occurred; or the sum of five hundred pounds (£500).

• If two (2) MI Reports are not provided in any rolling six (6) month period then an MI Default shall be deemed to have occurred and CCS may: charge and the Supplier shall pay a Default Management Charge in respect of the months in which the MI Default occurred and subsequent months in which they continue, calculated in accordance with Paragraph 9.2.1 and/or suspend this LVPS Contract until such time that deficient MI Reports(s) are rectified; and/or terminate this LVPS Contract.

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. An Agency is deemed to be in MI Default if it either: ● has 3 consecutive MI Failures, or ● has 3 MI Failures in any rolling 6 Month period.

MI Default has the meaning in paragraph 25 of Framework Agreement Schedule 8 (Management Information);

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

MI Default has the meaning in Clause 6.1 of the Framework Schedule 5 (Management Information Requirements).

MI Default has the meaning in Framework Schedule 11 (Management Information); “MI Failure” has the meaning in Framework Schedule 11 (Management Information);

MI Default has the meaning in paragraph DEFAULT MANAGEMENT CHARGE of Framework Agreement Schedule 8 (Management Information);