SLA Failure definition

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

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

  • 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.

  • Any claims for damages by OFM resulting from an SLA Failure will be reduced by the amount of any Service credits paid by Contractor pursuant to Schedule D for such SLA Failure.

  • 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.

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

  • 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.

  • In the event of a Chronic SLA Failure, SNB should have the additional right to terminate the affected service without penalty, following executive escalation as outlined in Article 15 of the main body of this Agreement.

  • A chronic SLA Failure is defined as 3 or more outages in a calendar month, the occurrence of which is agreed by the parties to justify a remedy or remedies in addition to the award of SLA Credit(s), such as termination of the impacted services.

  • Buyer shall notify Seller of the occurrence of such SLA Failure no later than twenty-four (24) hours after the occurrence of such event and shall provide Seller with appropriate evidence of such SLA Failure.

  • 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.


More Definitions of SLA Failure

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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SLA Failure means a failure by FuseMail to achieve a monthly Target Level.
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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 has the meaning set forth in Schedule 4.8(a).
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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 (such period, the “Volume Failure Measuring Period”), is less than $2,000,000 (as adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions occurring after the Subscription Date). All such determinations to be appropriately adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions during such Volume Failure Measuring Period.

  • 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)

  • Supply Failure has the meaning given to it in Section 7.5.2 (Supply Failure).

  • Epidemic Failure means a series of repeating failures or defects resulting in at least a 0.5% failure rate for the same Product or Material during any twelve-month period.

  • Price Failure means, with respect to a particular date of determination, the VWAP of the Common Stock on any Trading Day during the seven (7) Trading Day period ending on the Trading Day immediately preceding such date of determination fails to exceed the Floor Price (as adjusted for stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions occurring after the date hereof). All such determinations to be appropriately adjusted for any stock splits, stock dividends, stock combinations, recapitalizations or other similar transactions during any such measuring 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).

  • Persistent Failure means any two (2) or more failures by the Supplier in any rolling period of twelve (12) months to comply with obligations in respect of the Contract Services under the Contract;

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • Reporting Failure has the meaning set forth in Section 2.4.

  • Listing Failure means the situation where the Bonds have not been listed on the corporate bond list of Nasdaq Stockholm (or any other Regulated Market) within sixty (60) calendar days after the Issue Date.

  • Registration Failure means that (A) the Company fails to file with the SEC on or before the Filing Deadline (as defined in the Registration Rights Agreement) any Registration Statement required to be filed pursuant to Section 2(a) of the Registration Rights Agreement, (B) the Company fails to use its best efforts to obtain effectiveness with the SEC, prior to the Registration Deadline (as defined in the Registration Rights Agreement), of any Registration Statement (as defined in the Registration Rights Agreement) that is required to be filed pursuant to Section 2(a) of the Registration Rights Agreement, or fails to use its best efforts to keep each such Registration Statement current and effective as required in Section 3 of the Registration Rights Agreement, (C) the Company fails to file any additional Registration Statement required to be filed pursuant to Section 2(a)(ii) of the Registration Rights Agreement on or before the Additional Filing Deadline or fails to use its best efforts to cause such additional Registration Statement to become effective on or before the Additional Registration Deadline, (D) the Company fails to file any amendment to any Registration Statement, or any additional Registration Statement required to be filed pursuant to Section 3(b) of the Registration Rights Agreement within thirty (30) days of the applicable Registration Trigger Date (as defined in the Registration Rights Agreement), or fails to use its best efforts to cause such amendment and/or new Registration Statement to become effective within ninety (90) days of the applicable Registration Trigger Date, (E) any Registration Statement required to be filed under the Registration Rights Agreement, after its initial effectiveness and during the Registration Period (as defined in the Registration Rights Agreement), lapses in effect or sales of all of the Registrable Securities (as defined in the Registration Rights Agreement) cannot otherwise be made thereunder (whether by reason of the Company’s failure to amend or supplement the prospectus included therein in accordance with the Registration Rights Agreement, the Company’s failure to file and use its best efforts to obtain effectiveness with the SEC of an additional Registration Statement or amended Registration Statement required pursuant to Sections 2(a)(ii) or 3(b) of the Registration Rights Agreement, as applicable, or otherwise), or (F) the Company fails to provide a commercially reasonable written response to any comments to any Registration Statement submitted by the SEC within twenty five (25) days of the date that such SEC comments are received by the Company.

  • Listing Failure Event means that:

  • Service Level Failure means a failure to perform the Software Support Services fully in compliance with the Support Service Level Requirements.

  • Technical Failure means the discontinuation of Development or Commercialization of a Product for technical, scientific, medical or regulatory reasons, including, but, not limited to, unacceptable preclinical toxicity, demonstration of a side effect profile significantly worse than currently marketed products, or inability to manufacture in an acceptable purity or for an acceptable price.

  • Consistent Failure means any of:

  • Daily Failure Amount means the product of (x) .005 multiplied by (y) the Closing Sale Price of the Common Stock on the applicable Share Delivery Date.

  • Equity Conditions Failure means that on any applicable date the Equity Conditions have not been satisfied (or waived in writing by the Holder).

  • Potential Failure to Pay means the failure by a Reference Entity to make, when and where due, any payments in an aggregate amount of not less than the Payment Requirement under one or more Obligations, without regard to any grace period or any conditions precedent to the commencement of any grace period applicable to such Obligations, in accordance with the terms of such Obligations at the time of such failure.

  • Force Majeure Failure has the meaning set forth in Section 8.1(d).

  • Public Information Failure shall have the meaning ascribed to such term in Section 4.3(b).

  • Allowed Delay has the meaning set forth in Section 2(c)(ii).

  • Public Information Failure Payments shall have the meaning ascribed to such term in Section 4.3(b).

  • Failure has the meaning set forth in Section 2.4.