MI Failure definition

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

MI Failure has the meaning in paragraph 5.2 of Framework Schedule 8;

MI Failure has the meaning in paragraph 5.2 of Schedule 8 (Management Information) of this Framework Agreement;

Examples of MI Failure in a sentence

• Following an MI Failure the Authority may issue reminders to the Supplier or require the Supplier to rectify defects in the MI Report provided to the Authority.

• If, following activation of the Authority’s right to charge Admin Fee(s) in respect of MI Failures pursuant to paragraph 5.5.1, the Supplier submits the Monthly MI Report for two (2) consecutive Months and no MI Failure occurs then the right to charge the Admin Fee(s) shall lapse.

• If, following activation of the Authority’s right to charge Admin Fee(s) in respect of MI Failures pursuant to paragraph 5.6, the Supplier submits the Monthly MI Report for two consecutive Months and no MI Failure occurs then the right to charge the Admin Fee(s) shall lapse.

• If, following activation of the Authority's right to charge Admin Fee(s) in respect of MI Failures pursuant to paragraph 5.5.1, the Supplier submits the Monthly MI Report for two (2) consecutive Months and no MI Failure occurs then the right to charge the Admin Fee(s) shall lapse.

• Following an MI Failure the Authority may issue a reminder to the Supplier or require the Supplier to rectify the defects in the MI Report provided to the Authority.

More Definitions of MI Failure

MI Failure means when an MI report:

MI Failure. “Minimum Self- Insurance Threshold” means when an MI report: (a) contains any material errors or material omissions or a missing mandatory field; or (b) is submitted using an incorrect MI reporting Template; or (c) is not submitted by the reporting date (including where a Nil Return should have been filed). means a turnover by the Supplier or the Framework Guarantor, as applicable, of £2.6 billion in any twelve month period;

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 declaration of no business should have been filed);

MI Failure. If any of the following occur, CCS can treat it as an “MI Failure”: ● there are material omissions or errors in the Agency’s MI Report; ● the Agency uses the wrong template for the MI Report ● the Agency’s MI Report including any nil return is late.

MI Failure has the meaning in Framework Schedule 11 (Management Information);

MI Failure has the meaning given to it in Paragraph 7.2 of Schedule 6 (Framework Management Information);

MI Failure means when an MI report:a) contains any material errors or material omissions or a missing mandatory field; orb) is submitted using an incorrect MI reporting Template; orc) is not submitted by the reporting date (including where a declaration of no business should have been filed); "MI Report" means a report containing Management Information submitted to the Authority in accordance with Framework Schedule 5 (Management Charges and Information); "MI Reporting Template" means the form of report set out in the Annex to Framework Schedule 5 (Management Charges and Information) setting out the information the Supplier is required to supply to the Authority; "Milestone" an event or task described as such in the Implementation Plan; "Milestone Date" the target date set out against the relevant Milestone in the Implementation Plan by which the Milestone must be Achieved; "Milestone Payment" a payment identified in the Implementation Plan to be made following the satisfactory achievement of the relevant Milestone; "Month" a calendar month and "Monthly" shall be interpreted accordingly; "National Insurance" contributions required by the National Insurance Contributions Regulations 2012 (SI 2012/1868) made under section 132A of the Social Security Administration Act 1992; "New IPR" a) IPR in items created by the Supplier (or by a third party on behalf of the Supplier) specifically for the purposes of a Contract and updates and amendments of these items including (but not limited to) database schema; and/orb) IPR in or arising as a result of the performance of the Supplier’s obligations under a Contract and all updates and amendments to the same;but shall not include the Supplier’s Existing IPR; "Occasion of Tax Non–Compliance" where:a) any tax return of the Supplier submitted to a Relevant Tax Authority on or after 1 October 2012 which is found on or after 1 April 2013 to be incorrect as a result of:i) a Relevant Tax Authority successfully challenging the Supplier under the General Anti-Abuse Rule or the Halifax Abuse Principle or under any tax rules or legislation in any jurisdiction that have an effect