Service Failure Points definition

Service Failure Points or "SFPs" has the meaning given to it in Part 4 of Schedule 3;
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Service Failure Points has the meaning set out in paragraph 1.1 of Part 1 of Schedule 5;
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Service Failure Points means points accrued by ESCO pursuant to the provisions of Schedule 13 (Key Performance Indicators)
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Examples of Service Failure Points in a sentence

  • Where, pursuant to Part 4 of Schedule 3 Service Failure Points have been allocated for the same trigger in three (3) consecutive months this shall be deemed to be a material breach which the Operator has been unable to remedy.

  • Where, pursuant to Part4 of Schedule 3 Service Failure Points have been allocated for the same trigger in three (3) consecutive months this shall be deemed to be a material breach which the Operator has been unable to remedy.

  • The Advisory Committee observes similar patterns in Scotland and Wales,116 where certain ethnic groups achieve high rates of attainment (e.g. Chinese in Wales attain an average of 77.8% at age 16 compared with a national average of 51.7% in 2011-13), and some ethnic minority groups do under-perform.

  • If ProjectCo fails to rectify the problem such that a further specified number of Service Failure Points are awarded within the following three-month period this will lead to the Trust having a right to terminate the Project Agreement with immediate effect.

  • This risk is mitigated during the term of the Loan Financial Guarantees, as each of AGUK and AGM unconditionally and irrevocably guarantees in favour of the Issuer as lender under the PSLFA, scheduled principal and interest in respect of the Loan.Under the Project Agreement, poor performance or non-performance of the Services or unavailability of any part of the Facilities can attract Service Failure Points as well as deductions under the Payment Mechanism.

  • Special meetings of the Board of Trustees may be called at any time by the Board of Trustees, the Chair, or by the Secretary upon receipt of a request signed by at least one- half of the Board of the Corporation.

  • Appendix A, Attachment 10 – Alignment Maintenance Services, Article 2.0(f) “Vandalism and Graffiti Repair”, Article 3.0(e) “Vandalism and Graffiti Standard”, and Article 5.0 “Performance Criteria”, and for further certainty, Project Co’s rectification and / or response times and the assessment of Service Failure Points; and(ii) Appendix A, Attachment 16 – Vandalism and Graffiti.

  • TfL may, at its absolute discretion and without prejudice to its other rights under this Agreement, consider all such presentations and may, at its absolute discretion, elect to waive all or part of the Service Failure Points accrued due to the absence of Data.

  • Any absence of Data from Reports may, at TfL’s discretion, be deemed a maximum accrual of Service Failure Points for all Performance Indicators which are affected.

  • BRAF oncogenic mutations correlate with progression rather than initiation of human melanoma.


More Definitions of Service Failure Points

Service Failure Points means the number of points set out in column 2 of Table 1 to Part 8 of the Schedule in respect of the relevant Priority Level;
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Service Failure Points has the meaning ascribed to it in Schedule F (Payment Mechanism);
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Service Failure Points shall have the meaning given to it in column 4 of the table in Appendix 1 of Part A of this Schedule 11;
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Related to Service Failure Points

  • 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)

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

  • 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.

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

  • 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.

  • 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.

  • 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.

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

  • 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.

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

  • Excused Outage means any disruption to or unavailability of Services caused by or due to (i) Scheduled Maintenance,

  • 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 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).

  • 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;

  • Listing Failure Event means that:

  • Planned Outage means the removal of equipment from service availability for inspection and/or general overhaul of one or more major equipment groups. To qualify as a Planned Outage, the maintenance (a) must actually be conducted during the Planned Outage, and in Seller’s sole discretion must be of the type that is necessary to reliably maintain the Project, (b) cannot be reasonably conducted during Project operations, and (c) causes the generation level of the Project to be reduced by at least ten percent (10%) of the Contract Capacity.

  • Generator Forced Outage means an immediate reduction in output or capacity or removal from service, in whole or in part, of a generating unit by reason of an Emergency or threatened Emergency, unanticipated failure, or other cause beyond the control of the owner or operator of the facility, as specified in the relevant portions of the PJM Manuals. A reduction in output or removal from service of a generating unit in response to changes in market conditions shall not constitute a Generator Forced Outage.

  • Excused Downtime means the number of minutes in the Charging Period, rounded to the nearest minute that the link state of Customer’s Port is ‘down’ due to:

  • Generator Planned Outage means the scheduled removal from service, in whole or in part, of a generating unit for inspection, maintenance or repair with the approval of the Office of the Interconnection in accordance with the PJM Manuals.

  • 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:

  • Unplanned Outage refers to the unavailable status of the units of the Power Plant other than Planned Outage. Based on the urgency of the needs of outage, the Unplanned Outage can be classified into five categories: (1) immediate outage; (2) the outage which could be delayed for a short while but the units must exit within six hours; (3) the outage which could be postponed over six hours but the units must exit within seventy-two hours; (4) the outage which could be deferred over seventy-two hours but the units must exit before the next Planned Outage; and (5) the prolonged outage which is beyond the period of the Planned Outage.

  • 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).

  • Outage has the meaning set forth in the CAISO Tariff.

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

  • Unscheduled Outage means any outage that is not a “Scheduled Outage”. “Committed Time” shall mean, as to each Business Day, one hour before the trading session for that day is scheduled to open on the NYSE and one hour after the trading session on the NYSE for that day finally closes, but excluding the following periods of Scheduled Outage (defined below). A “Scheduled Outage” shall mean (1) those time periods from 12 AM Saturday to 6:00 AM Sunday each week and 11:00 PM to 12:00 AM daily, during which Computershare’s System maybe unavailable due to routine maintenance; and (2) any time period as to which Company has received prior notice. ≥99.5% <99.5% to ≥98% <98%