Transaction Outage definition

Transaction Outage means any period (measured in minutes) during which the Host Servers, and the connections for such servers to the Internet, do not have adequate bandwidth capacity and speed to meet the peak demands of Permitted Users accessing the Hosted Software and Hosted Data up to the Data Storage Allocation, resulting in such Permitted Users being denied access or experiencing unavailable or interrupted access due to lack of capacity or speed of the Host Servers or of the Host Servers’ Internet connections other than during Scheduled Downtime, as more fully described in Section 11(a).
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Transaction Outage means any period (measured in minutes) during which the Cloud Recognition Service, and the connections for such servers to the Internet, do not have adequate bandwidth capacity and speed to meet the peak demands of Permitted Users accessing the Cloud Recognition Service, resulting in such Permitted Users being denied access or experiencing unavailable or interrupted access due to lack of capacity or speed of the servers’ internet connections, excluding Excused Downtime.
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Transaction Outage means the period (measured in minutes) during which a Scripted Transaction does not complete with the expected result. The inability of a single IBM Measurement Center to confirm that a Scripted Transaction has completed with the expected result will not constitute a Transaction Outage, provided at least one other IBM Measurement Center confirms that a Scripted Transaction completes with the expected result within the same Measurement Interval. A Transaction Outage is confirmed when all polling attempts from all IBM Measurement Centers conducted within a Measurement Interval result in failure of a Scripted Transaction to complete with the expected result. Measurement of a Transaction Outage begins at the first poll within a confirmed Transaction Outage Measurement Interval that indicates a Scripted Transaction has failed to complete with the expected result. Measurement of a Transaction Outage ends at the first poll following the Transaction Outage begin time that indicates a Scripted Transaction has completed with the expected result.
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Examples of Transaction Outage in a sentence

  • If Customer fails to make a written request for a credit under this provision within ten business days after the end of the applicable Transaction Outage, no credit shall be due to Customer.

Related to Transaction Outage

  • 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.

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

  • Forced Outage means any unplanned reduction or suspension of the electrical output from the Facility resulting in the unavailability of the Facility, in whole or in part, in response to a mechanical, electrical, or hydraulic control system trip or operator-initiated trip in response to an alarm or equipment malfunction and any other unavailability of the Facility for operation, in whole or in part, for maintenance or repair that is not a scheduled maintenance outage and not the result of Force Majeure.

  • Transaction Size means Lot Size multiplied by number of Lots.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Downtime means the Total Minutes in the Month during which the Cloud Service (or Servers for Server Provisioning) does not respond to a request from SAP’s Point of Demarcation for the data center providing the Cloud Service (or Server for Server Provisioning), excluding Excluded Downtime.

  • 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.

  • Transaction Type means the nature of the fuel transaction as defined below:

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • 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.

  • Transaction Notice means a written request of Seller to enter into a Transaction in a form attached as Exhibit C hereto or such other form as shall be mutually agreed upon between Seller and Purchaser, which is delivered to the Purchaser in accordance with Section 3(c) herein.

  • Planned Downtime means planned downtime for upgrades and maintenance to the Services scheduled in advance of such upgrades and maintenance.

  • Automated transaction means a transaction conducted or performed, in whole or in part, by electronic means or electronic records, in which the acts or records of one or both parties are not reviewed by an individual in the ordinary course in forming a contract, performing under an existing contract, or fulfilling an obligation required by the transaction.

  • Relevant Force Majeure Event means a Force Majeure Event in relation to which an Affected Party is claiming relief under this Clause 17; and

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.