Priority Matrix Sample Clauses

Priority Matrix. Urgency x Impact = Priority URGENCY Critical High Medium Low Very Low (Default) Business or Priority Priority Priority Priority Priority VIP User 1 1 2 3 4 IMPACT Department or Group Priority Priority Priority Priority Priority Individual User Priority Priority Priority Priority Priority (Default) 2 2 3 4 5 Each Priority is related to a certain resolution time Priority 1: Significant loss to service, must be recovered immediately (continuous work until resolution) Priority 2: Limited damage, should be recovered immediately Priority 3: Significant damage, does not need to be recovered immediately Priority 4: Limited damage, does not need to be recovered immediately Priority 5: Very limited damage, does not need to be recovered immediately Service Management Classification: • Impact • Reflects business criticality of the incident • Reflects extent to which an incident leads to degradation of SLA, such as number of users that suffer • Urgency • Reflects required speed of solving an incident • Priority • Reflects order in which to solve the incidents
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Priority Matrix. Priority Target Incident Response Target Restoration of Service Critical 5 Minutes 10 Minutes High 30 Minutes 2 Hours Low 4 Hours 4 Hours
Priority Matrix. Priority Target Incident Response Target Restoration of Service Critical – business hours (MF 9am-6pm PST) 30 Minutes 2 Hours Critical – non business hours 1 hour 2 Hours High 2 hours 4 Hours Low 4 Hours Next business day
Priority Matrix. Priority is a category that identifies the relative importance of an incident. Priority is based on impact and urgency, and it identifies required times for actions to be taken. Impact and urgency are used to assign priority. Urgency Impact High Medium Low High P1 P2 P3 Medium P2 P3 P4 Low P3 P4 P5

Related to Priority Matrix

  • Priority of Distributions On each Distribution Date, the Indenture Trustee shall first reimburse itself for all amounts due under Section 6.7 of the Indenture and then shall make the following deposits and distributions in the amounts and in the order of priority set forth below:

  • Priority Debt The Company will not permit Priority Debt to exceed 15% of Consolidated Total Assets (as of the end of the Company’s then most recently completed fiscal quarter) at any time.

  • Priority If the Managing Underwriter or Underwriters of any proposed Underwritten Offering advise the Partnership that the total amount of Registrable Securities 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 advise the Partnership can be sold without having such adverse effect, with such number to be allocated (i) first, to the Partnership, (ii) second, to Teekay and its Affiliates pursuant to any registration rights existing as of the date of this Agreement and (iii) third, pro rata among the Selling Holders who have requested participation in such Underwritten Offering and any other holder of securities of the Partnership (other than Teekay and its Affiliates) having rights of registration that are neither expressly senior nor subordinated to the Registrable Securities (the “Parity Securities”). The pro rata allocations pursuant to clause (iii) above 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 who have requested participation in such Underwritten Offering 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.

  • Priorities If the Trustee collects any money pursuant to this Article 6, it shall pay out the money in the following order:

  • Priority of Liens (a) Notwithstanding (i) the date, time, method, manner, or order of grant, attachment, or perfection of, or any defect or deficiency in, or failure to perfect, any Liens granted to the ABL Secured Parties in respect of all or any portion of the Collateral or any Liens granted to the Term Secured Parties in respect of all or any portion of the Collateral and regardless of how any such Lien was acquired (whether by grant, statute, operation of law, subrogation or otherwise), (ii) the order or time of filing or recordation of any document or instrument for perfecting the Liens in favor of the ABL Agent for the benefit of the ABL Secured Parties or any Term Agent for the benefit of the Term Secured Parties in any Collateral, (iii) any provision of the Uniform Commercial Code, Debtor Relief Laws or any other applicable law, or of the ABL Documents or the Term Documents, (iv) whether the ABL Agent or any Term Agent, in each case, either directly or through agents, holds possession of, or has control over, all or any part of the Collateral, (v) the date on which the ABL Obligations or the Term Obligations are advanced or made available to the Loan Parties, or (vi) any failure of the ABL Agent or any Term Agent to perfect its Lien in the Collateral, the subordination of any Lien on the Collateral securing any ABL Obligations or Term Obligations, as applicable, to any Lien securing any other obligation of any Borrower or Term Guarantor, or the avoidance, invalidation or lapse of any Lien on the Collateral securing any ABL Obligations or Term Obligations, the ABL Agent, on behalf of itself and the ABL Secured Parties, and each Term Agent, on behalf of itself and the applicable Term Secured Parties, hereby agree that the following priorities apply to the Liens upon and right to payment from Proceeds of the ABL Priority Collateral and the Term Priority Collateral:

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