Business Failure definition

Business Failure shall have the meaning set forth in the Administration Agreement.

Examples of Business Failure in a sentence

  • Possible Business Failure Risk Global markets may experience very high levels of volatility and an increased risk of corporate failures.

  • Risk of Business Failure is rated on a scale of 1 (minimal) to 4 (significant).

  • Possible Business Failure Risk Global markets may experience very high level of volatility and an increased risk of corporate failures.

  • Business Failure of the Designated Member’s Umbrella Company (Plus Members Only)i.

  • Individual Agency Aggregate Limit £150,000;Failure of the Agency to Honour Business Interruption Arrangements (Plus Members Only)Limit £1,000; Business Failure of the Designated Member’s End Clienti.

  • Individual End Client Aggregate Limit £150,000; Business Failure of the Designated Member’s Umbrella Company (Plus Members Only)i.

  • Failure of the Agency to Honour Business Interruption Arrangements (Ultimate Members Only) Limit £1,000; Business Failure of the Designated Member’s End Client i.

  • Individual End Client Aggregate Limit £150,000; Business Failure of the Designated Member’s Umbrella Company (Ultimate Members Only) i.

  • Possible Business Failure In the current economic environment, global markets are experiencing very high level of volatility and an increased risk of corporate failures.

  • European Commission (2014), Impact Assessment Accompanying the document Commission Recommendation on a New Approach to Business Failure and Insolvency”, Commission Staff Working Document, p .

Related to Business Failure

  • MI Failure means when an MI report: contains any material errors or material omissions or a missing mandatory field; or is submitted using an incorrect MI reporting Template; or is not submitted by the reporting date(including where a Nil Return should have been filed); 

  • 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.

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

  • 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.

  • Service Failure means a failure by the Contractor to deliver any part of the Services in accordance with:- (a) any of the Minimum Performance Levels; and/or (b) any of the Minimum Service Levels.

  • Listing Failure means the situation where the Bonds have not been listed on the corporate bond list of Nasdaq Stockholm (or any other Regulated Market) within sixty (60) calendar days after the Issue Date.

  • Supply Failure means [***].

  • 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 (i) the Notes are not admitted to trading on Nasdaq Stockholm (or another Regulated Market) within the Listing Period, or (ii) following a successful listing and subsequent de-listing of the Notes from the corporate bond list of Nasdaq Stockholm (or another Regulated Market) the Notes are not re-listed by the date falling sixty (60) calendar days from the date of the de-listing.

  • Consistent Failure means any of:

  • Transaction Failure means the earlier of (i) the failure to enter into a letter of intent, definitive agreement or agreement in principal with respect to a Business Combination on any day during the eighteen-month period immediately following the Effective Date, and (ii) the failure to consummate a Business Combination on any day during the twenty-four-month period immediately following the Effective Date.

  • Technical Failure means a malfunction of Court hardware, software, and/or telecommunications facility which results in the inability of a registered user to submit a document electronically. It does not include the failure of a user's equipment.

  • Price Failure means, with respect to a particular date of determination, the VWAP of the Common Stock on any Trading Day during any Trading Day during the twenty (20) Trading Day period ending on the Trading Day immediately preceding such date of determination fails to exceed $1.00 (as adjusted for 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 any such measuring period.

  • 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.

  • 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).

  • Service Level Failure means a failure to meet the Service Level Performance Measure in respect of a Service Level Performance Criterion;

  • Resolution Failure As defined in Section 2.03(k)(iii).

  • 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.

  • Potential Failure to Pay means the failure by a Reference Entity to make, when and where due, any payments in an aggregate amount of not less than the Payment Requirement under one or more Obligations, without regard to any grace period or any conditions precedent to the commencement of any grace period applicable to such Obligations, in accordance with the terms of such Obligations at the time of such failure.

  • Public Information Failure shall have the meaning ascribed to such term in Section 4.3(b).

  • Equity Conditions Failure means, with respect to a particular date of determination, that on any day during the period commencing ten (10) Trading Days immediately prior to such date of determination, the Equity Conditions have not been satisfied (or waived in writing by the Holder).

  • Failure has the meaning set forth in Section 2.4.

  • Public Information Failure Payments shall have the meaning ascribed to such term in Section 4.3(b).

  • Observation Date means each of the following Observation Dates:

  • Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;

  • Grace Period Business Day means a day on which commercial banks and foreign exchange markets are generally open to settle payments in the place or places and on the days specified for that purpose in the relevant Obligation and if a place or places are not so specified, in the jurisdiction of the Obligation Currency.