Subsequent Failure definition

Subsequent Failure. As defined in Section 5.02(b) hereof.
View Source
Subsequent Failure has the meaning set forth in Schedule 5.5(b).
View Source

Examples of Subsequent Failure in a sentence

  • Tampering with tachograph, governor, safety devices or satellite and equipment: 1st offense Failure to ensure that power equipment is properly serviced for fuel, oil and water and that all tire pressures are checked before leaving the terminal where required by the Company: I offense Reprimand offense ▇▇▇▇▇▇▇ offense days off Subsequent Failure to properly connect, disconnect Company hoses and fittings and auxiliary Company equipment properly.

  • I offense Reprimand offense dayoff offense days off Subsequent Failure to report mechanical defects in equipment.

  • If the Management Committee determines that such SLA shall be modified, then NMG shall not be entitled to terminate the Program Agreement as a result of the Subsequent Failure discussed at the meeting of the Management Committee unless and until an additional Subsequent Failure of the same Starred SLA occurs.

Related to Subsequent 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.

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

  • 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).

  • Price Failure means, with respect to a particular date of determination, the VWAP of the Common Stock on any Trading Day during the twenty (20) 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 Subscription Date). 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.