Breach Threshold definition

Breach Threshold means the percentage breach threshold set out in the column headed “Breach Threshold” in Schedule 7 (Relevant Standards). “British Waterways Board (Transfer of Functions) Order 2012” means the order of Defra transferring the functions of the British Waterways Board in England and Wales to CRT.
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Breach Threshold means the percentage threshold of total Product Sales (measured in units or U.S. Dollars) in an Annual Period, as designated on a Schedule.
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Breach Threshold means: (a) in relation to Cancellations, the percentage specified in Part 2(a) (ii) of Schedule 3 and, in relation to Total Cancellations, the percentage specified in Part 2(b)(ii) of Schedule 3, in each case of Trains which are scheduled to be provided under the Enforcement Timetable in the Relevant Reporting Period; (b) in relation to Planned Capacity, the percentage specified in Part 2(c)(ii) of Schedule 3, of the aggregate of the Planned Capacity of each relevant Train in the relevant Reporting Period; and (c) in relation to the Public Performance Measure, the percentage, specified in Part 2(e) of Schedule 3, of Trains which are scheduled to be provided under the Applicable Timetable in the relevant Reporting Year; as the same may be varied in accordance with the terms of this Agreement.
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Examples of Breach Threshold in a sentence

  • Schedule 7: Relevant Standards Relevant Standard Applicable Measurement Warning Threshold Breach Threshold Safe Waterways CRT shall have an asset management system that is in accordance with PAS- 55.

  • All Buyer Warranty Claims with respect to the Warranties contained in Section 4.4 are not subject to the Buyer Ranking Breach or Buyer Ranking Breach Threshold and shall be fully reimbursable.

  • Notwithstanding anything to the contrary contained in this Section 7.5, Seller shall not be liable or responsible to Buyer for any Damages unless the aggregate amount of such Damages exceeds the Material Breach Threshold, and if the Damages exceed such amount, Buyer shall be responsible for (and Seller shall not be liable or responsible for) all such Damages up to and including $250,000.00.

  • If such loss or diminution in value is not covered by insurance, then the amount of a Pre-Closing Price Adjustment shall be derived by reference to the Allocated Value of the affected assets or Contracts, as described in Schedule 5.13, less the residual fair market value of the affected assets or Contracts and without regard to the Deductible or to the Closing Breach Threshold.

  • The Warrantors shall only be liable in respect of a Warranty Claim if the amount of the Warranty Claim exceeds €25,000 (a “Warrantor Ranking Breach”) and the aggregate of all Warrantor Ranking Breaches exceeds €250,000 (the “Warrantor Ranking Breach Threshold”), in which case Buyer shall be entitled to recover the whole amount of any Warranty Claims which constitute Warrantor Ranking Breaches and not only the amount in excess of the Warrantor Ranking Breach Threshold.

  • Buyer must notify the Seller of Breaches in excess of the Breach Threshold (any such Breaches being referred to as “Compensable Breaches”) no later than 120 days from the Closing Date.

  • If Seller shall elect to attempt to cure such Breach and such Breach would reasonably be expected to result in a Loss Factor which is at or less than the Breach Threshold, in addition to the right provided in the previous sentence to give Purchaser a credit at Closing, Seller shall have the right to adjourn the Closing and extend the Closing Date for up to twenty (20) days by providing written notice to Purchaser prior to the then scheduled Closing Date.


More Definitions of Breach Threshold

Breach Threshold shall have the meaning set forth in Section 8.1.2.
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Related to Breach Threshold