Critical Business Function definition

Critical Business Function means any functionality mutually agreed and documented by both parties during the implementation of the System in an Amendment to Appendix G.
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Critical Business Function means a function once disrupted may cause significantly impact to the operation, business, reputation, status and performance of financial institutions
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Critical Business Function means a function once disrupted may cause significantly impact to the operation, business, reputation, status and performance of the company.
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Examples of Critical Business Function in a sentence

  • Problem affects a Critical Business Function, however, use of the System can continue in a restricted fashion.

  • PERFORMANCE TARGETS ARE DEFINED FOR THE FOLLOWING BUSINESS FUNCTIONS: Critical Business Function Real-Time Application Batch* ----------------- --------------------- -------- To be provided by UHS To be provided by UHS To be provided by UHS [blank matrix] * Critical batch jobs will be run between 7.30 PM and 5:30 AM Central time.

  • Critical Business Function - Vital function (such as production and sales) without which a firm cannot operate or remain viable.

  • Demonstrate Critical Business Function Scenarios (as defined by and approved by the State) – data and processes must be fully integrated across functional areas and that integration fully demonstrated.

  • Severity 2 A Critical Business Function is unavailable/operating in an unreliable manner OR Performance of the System is unacceptable AND there is a business approved temporary workaround.

  • Priority 2: Urgent Incident Any one of these criteria: 1) Partial Outage Impacting Critical Business Function: Outage OR significant performance degradation of the Service, site or critical business application impacting more than 50% of the end users who can continue to perform critical business functions, but in a severely degraded manner.

  • Critical Business Function Vital function (such as production and sales) without which a firm cannot operate or remain viable.

  • Priority 2: Urgent Incident Any one of these criteria: 3) Partial Outage Impacting Critical Business Function: Outage OR significant performance degradation of the service, site or critical business application impacting more than 50% of the end users who can continue to perform critical business functions, but in a severely degraded manner.