Fault priority Sample Clauses

Fault priority. Each Party shall give priority to faults that:
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Fault priority. G.8.3.5.1 Problems will be classified by us in accordance with the following table: PRIORITY CLASSIFICATION DESCRIPTION Priority 1 Faults System non-functional with high impact on operations. Priority 2 Faults System partially usable with medium impact on operations, or a Priority 1 Fault to which a temporary work around has been applied. Priority 3 Faults Minor problems with very low impact on operations. Priority 4 Faults Documentation errors. G.8.3.6 Fault resolution process
Fault priority. CCPRO shall manage handling response and resolution according to the priority of the fault; the priority will be based on the impact on the Client's business. The following table shows a definition of the priorities. Priority 1 High Loss of service or problems severely affecting the Services. Priority 2 Medium Intermittent and degraded performance which is Service Affecting. Priority 3 Low Faults with a minor impact but Non-Service Affecting. The Client Support Engineer receiving the call will set the priority in consultation with the Client. The level of priority allocated to the fault will determine subsequent updates.
Fault priority. Each fault will be assigned a priority rating using either: Critical, Major, Minor, Query. Novatek severity level determines the priority of the Fault, the Fault Correction Process target time frames and the escalation procedures. Novatek, acting in good faith and using reasonable judgment, will allocate the initial severity classification of the Fault to the Trouble Ticket in the Fault Reporting System. The following outlines Fault severity levels based upon the nature of the Fault: Critical: Critical means an existing network or environment is down or there is a critical impact to your business operation. You and Novatek both will commit full-time resources to resolve the situation. Major: Major means operation of an existing network or environment is severely degraded or significant aspects of your business operation are negatively impacted by unacceptable network or environment performance. you and Novatek both will commit full-time resources during Business Hours to resolve the situation. Minor: Minor means operational performance of the network or environment is impaired, although most business operations remain functional. You and Novatek both are willing to commit resources during Business Hours to restore service to satisfactory levels.
Fault priority. DRD shall manage handling response and resolution according to the priority of the fault; the priority will be based on the impact on the Customer's business. The following table shows a definition of the priorities. Priority 1 High Loss of service or problems severely affecting the Services. Priority 2 Medium Intermittent and degraded performance which is Service Affecting. Priority 3 Low Faults with a minor impact but Non-Service Affecting. The Customer Service Executive ("CSE"), receiving the call or Ticket, will set the priority in consultation with the Customer. The level of priority allocated to the fault will determine subsequent updates.
Fault priority. AVALLE shall manage handling response and resolution according to the priority of the fault; the priority will be based on the impact on the Customer's business. The following table shows a definition of the priorities. Priority 1 High Loss of service or problems severely affecting the Services. Priority 2 Medium Intermittent and degraded performance which is Service Affecting. Priority 3 Low Faults with a minor impact but Non-Service Affecting. The Customer Service Executive ("CSE"), receiving the call or Ticket, will set the priority in consultation with the Customer. The level of priority allocated to the fault will determine subsequent updates.

Related to Fault priority

  • Liquidation Priority In a Liquidity Event or Dissolution Event, this Safe is intended to operate like standard non-participating Preferred Stock. The Investor’s right to receive its Cash-Out Amount is:

  • Priority If the Managing Underwriter or Underwriters of any proposed Underwritten Offering of Common Units included in an Underwritten Offering involving Included Registrable Securities advises the Partnership that the total amount of Common Units that the Selling Holders and any other Persons intend to include in such offering exceeds the number that can be sold in such offering without being likely to have an adverse effect on the price, timing or distribution of the Common Units offered or the market for the Common Units, then the Common Units to be included in such Underwritten Offering shall include the number of Registrable Securities that such Managing Underwriter or Underwriters advises the Partnership can be sold without having such adverse effect, with such number to be allocated (i) first, to the Partnership and (ii) second, pro rata among the Selling Holders who have requested participation in such Underwritten Offering and any other holder of securities of the Partnership having rights of registration that are neither expressly senior nor subordinated to the Registrable Securities (the “Parity Securities”). The pro rata allocations for each Selling Holder who has requested participation in such Underwritten Offering shall be the product of (a) the aggregate number of Registrable Securities proposed to be sold in such Underwritten Offering multiplied by (b) the fraction derived by dividing (x) the number of Registrable Securities owned on the Closing Date by such Selling Holder by (y) the aggregate number of Registrable Securities owned on the Closing Date by all Selling Holders plus the aggregate number of Parity Securities owned on the Closing Date by all holders of Parity Securities that are participating in the Underwritten Offering.

  • Composition and Priority The Contractor agrees to provide commodities or contractual services to the Customer as specified in the Contract. Additionally, the terms of the Contract supersede the terms of all prior agreements between the Parties on this subject matter.

  • Security Interest This Agreement creates a valid and continuing security interest (as defined in the UCC) in the Receivables in favor of the Issuer, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from the Seller.

  • Lien 22.1. The Company shall have a general lien on all funds held by the Company on the Client’s behalf until the satisfaction of the Client’s obligations.

  • Credit Union Lien and Security Interest To the extent you owe the Credit Union money as a borrower, guarantor, indorser or otherwise, the Credit Union has a lien on any or all of the funds in any account in which you have an ownership interest at the Credit Union, regardless of the source of the funds. The Credit Union may apply these funds in any order to pay off your indebtedness without further notice to you. If the Credit Union chooses not to enforce its lien, the Credit Union does not waive its right to enforce the lien at a later time. In addition, you grant the Credit Union a consensual security interest in your accounts and agree the Credit Union may use the funds from your accounts to pay any debt or amount owed the Credit Union, except obligations secured by your dwelling, unless prohibited by applicable law. All accounts are nonassignable and nontransferable to third parties.

  • Priority Lien Status The County’s right to receive FILOT payments hereunder shall have a first priority lien status pursuant to Sections 12-44-90(E) and (F) of the FILOT Act and Chapters 4, 49, 51, 53, and 54 of Title 12 of the Code.

  • Security Interests No party to this Escrow Agreement shall grant a security interest in any monies or other property deposited with the Escrow Agent under this Escrow Agreement, or otherwise create a lien, encumbrance or other claim against such monies or borrow against the same.

  • Collateral The Collateral for this Note includes the Funding Agreement and the Guarantee specified on the face hereof.

  • Security Interest Absolute All rights of the Secured Party and all Obligations of the Company hereunder, shall be absolute and unconditional, irrespective of: (a) any lack of validity or enforceability of this Agreement, the Notes, the Warrants or any agreement entered into in connection with the foregoing, or any portion hereof or thereof; (b) any change in the time, manner or place of payment or performance of, or in any other term of, all or any of the Obligations, or any other amendment or waiver of or any consent to any departure from the Notes, the Warrants or any other agreement entered into in connection with the foregoing; (c) any exchange, release or nonperfection of any of the Intellectual Property, or any release or amendment or waiver of or consent to departure from any other Intellectual Property for, or any guaranty, or any other security, for all or any of the Obligations; (d) any action by the Secured Party to obtain, adjust, settle and cancel in its sole discretion any insurance claims or matters made or arising in connection with the Intellectual Property; or (e) any other circumstance which might otherwise constitute any legal or equitable defense available to the Company, or a discharge of all or any part of the Security Interest granted hereby. Until the Obligations shall have been paid and performed in full, the rights of the Secured Party shall continue even if the Obligations are barred for any reason, including, without limitation, the running of the statute of limitations or bankruptcy. The Company expressly waives presentment, protest, notice of protest, demand, notice of nonpayment and demand for performance. In the event that at any time any transfer of any Intellectual Property or any payment received by the Secured Party hereunder shall be deemed by final order of a court of competent jurisdiction to have been a voidable preference or fraudulent conveyance under the bankruptcy or insolvency laws of the United States, or shall be deemed to be otherwise due to any party other than the Secured Party, then, in any such event, the Company's obligations hereunder shall survive cancellation of this Agreement, and shall not be discharged or satisfied by any prior payment thereof and/or cancellation of this Agreement, but shall remain a valid and binding obligation enforceable in accordance with the terms and provisions hereof. The Company waives all right to require the Secured Party to proceed against any other person or to apply any Intellectual Property which the Secured Party may hold at any time, or to marshal assets, or to pursue any other remedy. The Company waives any defense arising by reason of the application of the statute of limitations to any obligation secured hereby.

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