Material Failure definition

Material Failure means a behaviour, or repeated behaviour, which could lead the injured party to xxx for termination of the Agreement;
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Material Failure means an act or failure to act that materially threatens cancellation or material impairment of a FCC License.
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Material Failure shall have the meaning set forth in Section 9.2(b)(i)(A).
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Examples of Material Failure in a sentence

  • During such period of Material Failure to Provide Services, Landlord will, if reasonably practical, arrange for the provision of Essential Services on an interim basis via temporary measures until final corrective measures can be accomplished.

  • In the event Astellas commits a Material Failure to Exploit in the European Region [***].

  • Such notice shall specify in reasonable detail the facts and circumstances constituting the Material Failure to Exploit.

  • In the event that the Material Failure has not been cured as evidenced by Certegy's reports thereon, subject to Bancard's right of inspection and audit, Certegy shall have committed a "material breach" of its obligations hereunder which has not been cured within the meaning and intent of section 4.1(b) hereof.

  • In the event of a Material Failure of Performance Standards by FMER as defined in Section 8.02(b)(iv)of the Master Servicing Agreement, XXXX may terminate this Agreement upon thirty (30) days' written notice.


More Definitions of Material Failure

Material Failure means any failure or persistent unplanned shutdown of all or a material part of the Project Facilities that:
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Material Failure as defined in section 9.0 herein and an "Adverse Event" as defined in section 4.9 herein, shall each constitute a material breach of this Agreement by Certegy within the meaning and intent of this section;
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Material Failure means a failure, that is non-trivial and which is ongoing or continued for a significant period of time, to:
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Material Failure. A material failure in the software resulting in loss of functionality or degraded performance, but without significantly affecting the business of the customer; Minor Failure: A minor failure of the software, causing minor inconvenience and little or no loss of functionality or performance. In relation to each category of fault, the supplier will endeavour to follow the response and resolution times outlined below: Fault Categorisation Response Time Resolution Time Critical Failure 4 Working Hours 8 Working Hours (Next Day) Material Failure 4 Working Hours 3 Working Days Minor Failure 8 Working Hours 5 Working Days These times are not guaranteed by the supplier and may rely on: The supplier having access to the Hardware and fault; The supplier having access to any passwords as required; Updates being passed swiftly through the testing process.
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Material Failure means the failure of a party to fulfill one or more obligations essential to achieving the purpose of the Contract.
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Material Failure means that the participating FFI failed to fulfill the requirements of the FFI agreement by deliberate action to avoid its requirements of the FFI agreement or there was an error attributable to a failure to implement sufficient internal controls.
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Material Failure means the actual or projected failure to achieve the results contemplated in OEUC's or PGE's annual business plan or operating budget by 5% or more as of the end of an annual period.
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