System Malfunction definition

System Malfunction has the meaning set forth in Section 6.6.1.
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System Malfunction will have the meaning described in Section 10(d)(iii), below.
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System Malfunction will have the meaning described in Section 8.b(i), below.
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Examples of System Malfunction in a sentence

  • For example, System Malfunction as used in this Section 6.6.3 shall not include a slowdown that results from market conditions generating an increase in message volume that causes TPS as to the NYMEX Globex Contracts to exceed the thresholds set forth in Part II of Exhibit A.

  • CME shall use good faith efforts to remedy any such System Malfunction (to the extent the System Malfunction is capable of being remedied) and keep NYMEX reasonably informed of its progress in resolving such System Malfunction.

  • Notwithstanding the foregoing, this Section 6.6.3 shall not apply with respect to any System Malfunction that results from changes in market conditions or in trading behavior rather than malfunctions or performance problems within the CME Systems.

  • If such condition persists for longer than [***Redacted***], CME’s Chief Executive Officer shall be informed, and such Chief Executive Officer shall then maintain regular contact with NYMEX’s President or his or her designee until the System Malfunction is resolved or this Agreement is terminated pursuant to Article 13.

  • If such condition persists for longer than [***Redacted***] hours, CME’s Chief Executive Officer shall be informed, and such Chief Executive Officer shall then maintain regular contact with NYMEX’s President or his or her designee until the System Malfunction is resolved or this Agreement is terminated pursuant to Article 13.


More Definitions of System Malfunction

System Malfunction means a failure of any of the relevant entity’s critical systems.
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System Malfunction means a failure of any of an
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System Malfunction means a failure of any of an authorized insurer’s critical systems caused by cyber risk.
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System Malfunction means a failure of any of the trust company’s critical systems.
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System Malfunction means any cable system equipment, facility or signal failure or malfunction that results in the loss of picture or sound, as defined as compliance with the FCC standards and the requirements of the Ordinance, on one or more channels to one or more subscribers that receive the cable signal from the same node. A system malfunction is major if it affects fifty 50 or more subscribers.
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System Malfunction means a failure of any of the bank’s critical systems.
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System Malfunction means a failure of any of the insurer’s critical systems.
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