Hardware Failures definition

Hardware Failures means, with regard to trading, communication, development, programming, and other systems or equipment that the Investment Manager operates, utilizes or relies upon, any or all of the following events: (i) failures of such systems or equipment, (ii) interruptions in access to or the operations of such systems or equipment; (iii) loss of functionality of such systems or equipment; (iv) degradation or corruption of such systems or equipment; (v) compromises in the security or integrity of such systems or equipment; (vi) loss of power to such systems or equipment; and (vii) other situations that adversely affect such systems or equipment, however caused or occurring.

Examples of Hardware Failures in a sentence

  • MTBOMF HW is the mean time between operational mission hardware failures occurring during system operation and is calculated as: MTBOMF = Total System Operating Time HW Number of Operational Mission Hardware Failures Where an operational mission hardware failure is one which prevents the system from performing one or more mission essential functions.

  • MTBOMFSYS is the mean time between operational mission hardware failures and operational mission software faults which occur during system operation and is calculated as: Total Number of Operational Mission Hardware Failures / Software Faults As a general rule, MTBOMFSYS should not be used as a test measure when MTBOMFHW and/or MTBOMFSW can be used instead.

  • MTBOMFSYS is the mean time between operational mission hardware failures and operational mission software faults which occur during system operation and is calculated as: MTBOMFSYS = Total System Operating Time Total Number of Operational Mission Hardware Failures + Software Faults As a general rule, MTBOMFSYS should not be used as a test measure when MTBOMFHW and/or MTBOMFSW can be used instead.

  • Quarterly 95% $100/1% Shipping Time Hardware Failures Hardware failure replacement requests addressed within 24 hours of receipt.