Priority 2 Fault definition

Priority 2 Fault means a failure of moderate impact causing moderate/low disruption or reduction in the functionality or performance of the Platform (or any part thereof) and this Defect affects 25% of End User revenue for the Platform;
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Priority 2 Fault. Significant failure and impact on performance that does not have a critical impact on the Customer’s ability to use the Product. Includes Faults which cause: • a lack of functionality which makes a significant component of the Customer's software unavailable; or • a phishing attack compromises all or certain users’ passwords.
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Priority 2 Fault has the meaning given to it in the table in paragraph 2.3 of this Schedule;
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Examples of Priority 2 Fault in a sentence

  • Priority 1 Fault __ minutes __ hours __ days __ minutes __ hours __ days Priority 2 Fault __ minutes __ hours __ days __ minutes __ hours __ days Priority 3 Fault __ minutes __ hours __ days __ minutes __ hours __ days Nature of Service Credits Supplier, if requested during a respective month, will provide Customer with a monthly service performance report within 15 days of the end of each calendar month.

Related to Priority 2 Fault

  • Priority area means the portions of the qualified incentive area

  • priority date means the date of the earlier application that serves as the basis for the right of priority provided for in the Paris Convention;

  • Priority Amount As to any Distribution Date, the amount equal to the sum of (i) the product of (A) the Scheduled Principal Distribution Amount, (B) the Shift Percentage and (C) the Priority Percentage and (ii) the product of (A) the Unscheduled Principal Distribution Amount, (B) the Shift Percentage and (C) the Priority Percentage.

  • Priority Lien Cap means, as of any date, the maximum aggregate principal amount of Indebtedness permitted to be incurred by clause (1) of the definition of Permitted Debt. For purposes of this definition, all letters of credit will be valued at the face amount thereof, whether or not drawn.

  • Priority Return means a 6% cumulative, non-compounded, pre-tax annual return (based on a 365-day year).

  • Priority Claim means a Claim that is entitled to priority in payment pursuant to section 507(a) of the Bankruptcy Code that is not an Administrative Claim or a Priority Tax Claim.

  • Priority Tax Claim means any Claim of a Governmental Unit of the kind specified in section 507(a)(8) of the Bankruptcy Code.

  • Other Priority Claim means any Claim other than an Administrative Claim or a Priority Tax Claim entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • Priority Debt means, as of any date, the sum (without duplication) of (i) Indebtedness of the Company and its Subsidiaries secured by Liens not otherwise permitted by Sections 10.4(a) through (h), and (ii) outstanding unsecured Indebtedness of Subsidiaries not otherwise permitted by Sections 10.3(a) through (d).

  • Priority Percentage As to any Distribution Date, the percentage equivalent (carried to six places rounded up) of a fraction the numerator of which is the Class Certificate Balance of the Class A-6 Certificates immediately prior to such date and the denominator of which is the aggregate of the Class Certificate Balances of all Classes of Certificates (other than the Class A-PO Certificates) immediately prior to such date.

  • First Lien Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any First Lien Obligations.

  • Priority List means the annual listing of fundable, waiting, and planning portion projects.