Mission Failure definition

Mission Failure means any irrecoverable incident that is deemed to have occurred as a result of ETCS functional failure where the Train Operator has taken all reasonable steps to correct such functional failure but has been unsuccessful, the occurrence of which during any operational day or before the start of the operational day, results in the Cancellation of the Service. Mission Failures are a sub-set of the Service Affecting Failures;
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Mission Failure means loss of one or more primary objectives, or a serious injury or fatality that occurs during performance of the mission and as a result of the mission.
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Examples of Mission Failure in a sentence

  • For Mission Failure determinations, the Government will perform an assessment to identify the cause of the failure.

  • In the event the Mission Failure is determined to be solely caused by the acts or omissions of Lockheed Martin or Seller in performance of effort under the prime contract or this Contract, respectively, Lockheed Martin shall forfeit incentive fee (Performance Incentive and Cost Incentive) for the associated CPIF order or the final milestone payment for the associated FFP order, but only to the extent that the Mission Failure is determined to be caused by the acts or omission of Lockheed Martin or Seller.

  • Under the terms of Lockheed Martin’s prime contract, incentive fee reductions resulting from a Partial Mission Success or Mission Failure determination under a CPIF order shall be executed first through reimbursement to the Government incentive fee that has already been provisionally paid (Performance Incentive and Cost Incentive) for that order.

  • For example, if Lockheed Martin or Seller caused 25% of the Mission Failure, then only 25% of Lockheed Martin’s incentive fee or final milestone payment shall be forfeited under the prime contract.

  • For example, if it is determined that Seller and Lockheed Martin were equally at fault in causing 25% of the Mission Failure, then Seller shall reimburse Lockheed Martin for 50% of such forfeiture.

  • Under the terms of Lockheed Martin’s prime contract, Partial Mission Success or Mission Failure determinations made applicable to FFP orders shall be executed as reimbursement, in whole or in part, of the final milestone payment.

  • If such forfeiture results from a Government determination that the Mission Failure was caused in whole or in part by Seller, then Seller shall reimburse Lockheed Martin and hold it harmless for such forfeiture to the extent that Seller’s acts or omissions contributed to the Mission Failure.

  • In the event the cause of a Mission Failure is not determined to solely be a result of the acts or omissions of Lockheed Martin and Seller in performance of effort under prime contract or this Contract, there shall be no reduction in incentive fee for CPIF orders or forfeiture of final payment for FFP orders under the prime contract, and consequently Seller shall have no reimbursement of obligation to Lockheed Martin under this Contract clause.

  • In the event of Partial Mission Success or Mission Failure determinations per section a, Mission Objectives and Associated Success Criteria, any reduction in incentive fee on CPIF orders or final milestone payment on FFP orders, in whole or in part, will be credited to Lockheed Martin under Lockheed Martin’s prime contract.

  • This establishes the NASA MCO Mission Failure Mishap Investigation Board and sets forth its terms of reference, responsibilities, and membership in accordance with NASA Policy Directive (NPD) 8621.1G.

Related to Mission Failure

  • 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.

  • 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);

  • Transaction Failure means the failure to consummate a Business Combination within 18 months of the Effective Date (or 24 months after 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).

  • 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)

  • 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).

  • Registration Failure means that (A) the Company fails to file with the SEC on or before the Filing Deadline (as defined in the Registration Rights Agreement) any Registration Statement required to be filed pursuant to Section 2(a) of the Registration Rights Agreement, (B) the Company fails to use its best efforts to obtain effectiveness with the SEC, prior to the Registration Deadline (as defined in the Registration Rights Agreement), of any Registration Statement (as defined in the Registration Rights Agreement) that is required to be filed pursuant to Section 2(a) of the Registration Rights Agreement, or fails to use its best efforts to keep each such Registration Statement current and effective as required in Section 3 of the Registration Rights Agreement, (C) the Company fails to file any additional Registration Statement required to be filed pursuant to Section 2(a)(ii) of the Registration Rights Agreement on or before the Additional Filing Deadline or fails to use its best efforts to cause such additional Registration Statement to become effective on or before the Additional Registration Deadline, (D) the Company fails to file any amendment to any Registration Statement, or any additional Registration Statement required to be filed pursuant to Section 3(b) of the Registration Rights Agreement within thirty (30) days of the applicable Registration Trigger Date (as defined in the Registration Rights Agreement), or fails to use its best efforts to cause such amendment and/or new Registration Statement to become effective within ninety (90) days of the applicable Registration Trigger Date, (E) any Registration Statement required to be filed under the Registration Rights Agreement, after its initial effectiveness and during the Registration Period (as defined in the Registration Rights Agreement), lapses in effect or sales of all of the Registrable Securities (as defined in the Registration Rights Agreement) cannot otherwise be made thereunder (whether by reason of the Company’s failure to amend or supplement the prospectus included therein in accordance with the Registration Rights Agreement, the Company’s failure to file and use its best efforts to obtain effectiveness with the SEC of an additional Registration Statement or amended Registration Statement required pursuant to Sections 2(a)(ii) or 3(b) of the Registration Rights Agreement, as applicable, or otherwise), or (F) the Company fails to provide a commercially reasonable written response to any comments to any Registration Statement submitted by the SEC within twenty five (25) days of the date that such SEC comments are received by the Company.

  • 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.

  • Price Failure means, with respect to a particular date of determination, the VWAP of the Common Stock on any Trading Day during the seven (7) Trading Day period ending on the Trading Day immediately preceding such date of determination fails to exceed the Floor Price (as adjusted for stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions occurring after the date hereof). All such determinations to be appropriately adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions during any such measuring period.

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

  • Volume Failure means, with respect to a particular date of determination, the aggregate daily dollar trading volume (as reported on Bloomberg) of the Common Stock on the Principal Market on any Trading Day during the twenty (20) Trading Day period ending on the Trading Day immediately preceding such date of determination (such period, the “Volume Failure Measuring Period”), is less than $2,000,000 (as adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions occurring after the Subscription Date). All such determinations to be appropriately adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions during such Volume Failure Measuring Period.

  • Listing Failure means the situation where the Bonds have not been listed on the corporate bond list of Nasdaq Stockholm (or any other Regulated Market) within sixty (60) calendar days after the Issue Date.

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

  • Listing Failure Event means that:

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

  • 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;

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

  • Technical Failure means the discontinuation of Development or Commercialization of a Product for technical, scientific, medical or regulatory reasons, including, but, not limited to, unacceptable preclinical toxicity, demonstration of a side effect profile significantly worse than currently marketed products, or inability to manufacture in an acceptable purity or for an acceptable price.

  • Consistent Failure means any of:

  • 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.

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

  • Force Majeure Failure has the meaning set forth in Section 8.1(d).

  • Equity Conditions Failure means that on any applicable date the Equity Conditions have not been satisfied (or waived in writing by the Holder).

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

  • Allowed Delay has the meaning set forth in Section 2(c)(ii).

  • Potential Failure to Pay means the failure by a Reference Entity to make, when and where due, any payments in an aggregate amount of not less than the Payment Requirement under one or more Obligations, without regard to any grace period or any conditions precedent to the commencement of any grace period applicable to such Obligations, in accordance with the terms of such Obligations at the time of such failure.

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.