SLA Failure definition

SLA Failure means a failure by the Supplier to meet the agreed SLA;
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SLA Failure has the meaning set forth in Section 4.
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SLA Failure means the failure of supplier to meet its obligations under an SLA.
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Examples of SLA Failure in a sentence

  • In the event of a major computer software system change to the Subservicer’s primary servicing system, the parties will agree to waive the Excessive SLA Failure Trigger Event and the Excessive SLA Failure Trigger for a period of six (6) calendar months from the date that such system change was implemented; provided that the Subservicer provided at least ninety (90) days’ notice to the Owner/Servicer of such system change.

  • In the event of a major computer software system change to the Subservicer's primary servicing system, the parties will agree to waive the Excessive SLA Failure Trigger Event and the Excessive SLA Failure Trigger for a period of six (6) calendar months from the date that such system change was implemented; provided that the Subservicer provided at least ninety (90) days' notice to the Owner/Servicer of such system change.

  • A SLA Failure has occurred if an email marked for encryption is sent as unencrypted.

  • In the event of a major computer software system change to the Seller’s primary servicing system, the parties will agree to waive the Excessive SLA Failure Trigger Event and the Excessive SLA Failure Trigger for a period of six (6) calendar months from the date that such system change was implemented; provided that the Seller provided at least ninety (90) days’ notice to Holdings of such system change.

  • Failure, SLA Failure, Critical SLR Failure Means the failure to meet, achieve, or attain the designated performance target for a specified SLR or a Critical SLR for the applicable Measurement Period.

  • Except to the extent an SLA Failure constitutes a Product Termination Event, Seller expressly limits its liability to Buyer for any SLA Failure to the liquidated damages set forth in this Article 4.

  • If Buyer fails to notify Seller within such twenty-four (24) hour period, Buyer shall not be entitled to any Credits for the period from the day on which such SLA Failure commenced until the day immediately preceding the day on which Buyer notifies Seller of such SLA Failure, provided that the SLA Failure is still in effect.

  • If the report demonstrates failure by VIPRE to achieve the monthly Target Level, a SLA Failure will have occurred and VIPRE will provide Customer with a service credit according to Section 6 below.

  • In the event that (a) Seller fails to comply with its obligations and under this clause (i), and (b) such failure continues after receipt of a written request therefor or a written notice thereof, as applicable, from Buyer, and (c) results in an SLA Failure or a Product Termination Event, Buyer shall be entitled to the applicable remedies under Article 4 or Section 5.3, as applicable, in respect thereof.

  • Credits provided by VIPRE are not cumulative, and Customer is entitled to only one credit per SLA Failure.


More Definitions of SLA Failure

SLA Failure means the failure to meet a score of 2.0 or greater for any SLA, component of any SLA, or with respect to each site, an SLA or component thereof for any site.
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SLA Failure has the meaning set forth in the applicable Service Level Agreement.
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SLA Failure means a failure by FuseMail to achieve a monthly Target Level.
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SLA Failure has the meaning set forth in Schedule 4.8(a).
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SLA Failure. : means failure by the Service Provider to meet the agreed upon Service Levels.
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SLA Failure means any failure by Scaleflex Technology to attain an SLA in a calendar month that is not caused, directly or indirectly, by a Scaleflex Technology Exclusion.
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Related to SLA Failure

  • 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.

  • Volume Failure means, with respect to a particular date of determination, the aggregate daily dollar trading volume (as reported on Bloomberg) of the Common Stock on the Principal Market on any Trading Day during the twenty (20) Trading Day period ending on the Trading Day immediately preceding such date of determination, is less than $500,000 (as adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions occurring after the Subscription Date).

  • 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).

  • Service Failure means a failure by the Contractor to provide the Services in accordance with any individual service level described above (measured on a monthly/quarterly/annual basis)