Change Request Priority definition

Change Request Priority. M▇▇▇ the priority of the request as High, Medium or Low. “High” indicates immediate action should be taken. Change has significant impact on budget, timeliness or expectations. “Medium” indicates that the change has a moderate slight impact on budget, timeliness or expectations. “Low” indicates that the request has light or no impact on budget, timeliness or expectations but the request must still be completed.
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Related to Change Request Priority

  • Lowest Priority As of any date of determination, the Class of Subordinate Certificates then outstanding with the latest priority for payments pursuant to Section 4.02(a), in the following order: Class B-3, Class B-2, Class B-1, Class M-3, Class M-2 and Class M-1 Certificates.

  • Highest Priority As of any date of determination, the Class of Subordinate Certificates then outstanding with a Certificate Principal Balance greater than zero, with the earliest priority for payments pursuant to Section 4.02(a), in the following order: Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates.

  • First Priority Documents means the First Priority Agreement, each First Priority Security Document and each First Priority Guarantee.

  • First Priority Liens means all Liens that secure the First Priority Lien Obligations.

  • First Priority means, with respect to any Lien purported to be created in any Collateral pursuant to any Collateral Document, that such Lien is the only Lien to which such Collateral is subject, other than any Permitted Lien.