Mitigation Failure definition

Mitigation Failure means a breach by IAC of the covenant contained in Section 7.01(e).

Examples of Mitigation Failure in a sentence

  • Where the Council requires immediate remedial action to be undertaken pursuant to paragraph 12.10.1 above, the GHG Mitigation Failure Notice shall specify what remedial action is to be undertaken and within what timescales.

  • Where the Council requires remedial action to be undertaken pursuant to paragraph 12.10(a) or (e) above, the GHG Mitigation Failure Notice shall specify what remedial action is to be undertaken and within what timescales.

Related to Mitigation Failure

  • Transaction Failure means the failure to consummate a Business Combination within 18 months of the Effective Date (or 24 months after the Effective Date, if a letter of intent, agreement in principle or definitive agreement has been executed within 18 months after the Effective Date and the Business Combination relating thereto has not yet been consummated within such 18-month period).

  • 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);

  • GEP Failure means Seller’s failure to produce Delivered Energy in an amount equal to or greater than the Guaranteed Energy Production amount for the applicable Performance Measurement Period.

  • Transaction Failure Date means the 18-month anniversary of the Effective Date (or the 24 month anniversary of the Effective Date, if a letter of intent, agreement in principle or definitive agreement has been executed within 18 months after the Effective Date and the Business Combination relating thereto has not yet been consummated within such 18-month period).

  • Conversion Failure shall have the meaning set forth in Section (3)(b)(ii).