Subsequent Failure definition

Subsequent Failure. As defined in Section 5.02(b) hereof.
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Subsequent Failure has the meaning set forth in Schedule 5.5(b).
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Examples of Subsequent Failure in a sentence

  • The Google Consent Order and the FTC’s Subsequent Failure to Enforce Consent Orders In 2011, we also had also obtained a significant consent order at the FTC against Google after the disastrous roll-out of Google “Buzz.” In that case, the FTC established a consent order after Google tried to enroll Gmail users into a social networking service without meaningful consent.

  • The previous grade of “D” or “F” will not be included when calculation the AGPA, but will be retained on the student’s permanent record.• Subsequent Failure in Retaken Courses: If the course is a core one, the student shall retake the course until successful completion.

  • The previous grade of "D" or "F" will not be included when calculating the AGPA, but will be retained on the student's permanent record.• Subsequent Failure in Retaken Courses: If the course is a core one, the student shall retake the course until successful completion.

  • Third and Subsequent Failure to Comply – If the responsible person had two or more prior occurrences of failure to comply within 12 months of the incident, the monetary penalty is $2,500.

  • Subsequent Failure: Per the Regulation for Officer Development, Midshipmen who fail the physical fitness standards outlined in these regulations twice in a period of three years, shall be automatically processed for disenrollment.

  • Failure to maintain Insurance is Condition Subsequent: Failure to maintain all such insurance in effect at all times during the term of any Lease or Permit shall be material breach of the Lease or Permit by the Tenant and cause for termination of the Lease or Permit.

  • Subsequent Failure Where a charitable trust has been established and a subsequent failure occurs, the trustee is usually obliged by force of law to initiate assistance from the state to alter its purpose and overcome the failure.

  • In the event that a Performance Failure is not rectified within the Rectification Period a Second Failure shall be deemed to occur at the expiry of that Rectification Period and for as long as that Performance Failure remains unrectified another failure (a Third Failure, a Fourth Failure or a Subsequent Failure, as applicable) shall be deemed to occur at the expiry of each subsequent period equal to the Rectification Period.

  • Third and Subsequent Failure to Comply – If the responsible person had two or more prior occurrences of failure to comply within 12 months of the incident, the monetary penaltyshall be is $2,500.

  • Candidates wishing to be reexamined need to refer to the specific scenario below which addresses his/her particular situation (i.e. "First Failure"; "Second or Subsequent Failure").

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.

  • 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 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.

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

  • 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 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).

  • Consistent Failure means any of:

  • Listing Failure Event means that:

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

  • 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;

  • 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.

  • Supply Failure shall have the meaning ascribed to it in Section 2.8.

  • 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.

  • 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)

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

  • Event Date shall have the meaning set forth in Section 2(d).

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • 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.

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • Private event means a social gathering or event attended

  • Notice Event means any of the events enumerated in paragraph (b)(5)(i)(C) of the Rule and listed in Section 4(a) of this Disclosure Agreement.

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

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

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country or the confederation which issued such Foreign Currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community or (ii) any currency unit or composite currency for the purposes for which it was established.

  • LCT Test Date shall have the meaning provided in Section 1.12(b).