high requirement definition

high requirement means that the apparatus / components / elements of the “equipment” to be provided are of the highest quality and/or design and/or are capable of achieving the highest operational and performance levels for its intended application. By implication, low to mid- range apparatus / components / elements and apparatus / components / elements that are not capable of meeting the specified safety, operation, reliability and/or performance with an acceptable level of redundancy, shall not be regarded as high requirement components. Note: in some cases the high requirement apparatus / components / elements or “equipment” may be the “manufacturer’s “top-range” apparatus / components / elements or “equipment”.
View Source

Related to high requirement

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act.

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.