Dealing with failures Sample Clauses

The "Dealing with failures" clause outlines the procedures and responsibilities when one party fails to meet its obligations under the agreement. Typically, this clause specifies the steps to be taken in the event of a breach, such as notification requirements, opportunities to remedy the failure, and potential consequences like suspension or termination of the contract. Its core practical function is to provide a clear framework for addressing non-performance, thereby minimizing disputes and ensuring both parties understand their rights and remedies if things go wrong.
Dealing with failures. In the description of the algorithm we assumed no failures. Let us now study what happens if failures occur. According to our objectives, transactions should commit, even if some of the participants abort, and most importantly, sites should not become blocked. We consider three possible types of failure: site crash, message loss, and network partition.
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Dealing with failures. In the description of the reconciliation algorithm, we assumed no failures. Let us now study what happens if failures occur. We have already noticed the algorithm is symmetric, except for the rst part in which one of the sites behaves as the starter of the reconciliation process. This symmetry is also re ected in the behavior of sites upon failures.
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Dealing with failures. The Provider shall immediately after receiving a notice of a failure register, log and indicate its nature. The log shall include details on Failure, Priority status and Response time. The Provider shall notify the Client of the failures within 30 (Thirty) minutes of the event occurring.
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Dealing with failures. In the description of the reconciliation algorithm, we assumed no failures. Let us now study what happens
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Related to Dealing with failures

  • Dealing With Escrow Securities 4.1 Restriction on Transfer, etc. 4.2 Pledge, Mortgage or Charge as Collateral for a Loan 4.3 Voting of Escrow Securities 4.4 Dividends on Escrow Securities 4.5 Exercise of Other Rights Attaching to Escrow Securities

  • Liability of Third Persons Dealing with Trustees No Person dealing with the Trustees shall be bound to make any inquiry concerning the validity of any transaction made or to be made by the Trustees or to see to the application of any payments made or property transferred to the Trust or upon its order.

  • Reports of unusual occurrence The Contractor shall, during the Maintenance Period, prior to the close of each day, send to the Authority and the Authority’s Engineer, by facsimile or e- mail, a report stating accidents and unusual occurrences on the Project Highway relating to the safety and security of the Users and Project Highway. A monthly summary of such reports shall also be sent within 3 (three) business days of the closing of month. For the purposes of this Clause 15.4, accidents and unusual occurrences on the Project Highway shall include: (a) accident, death or severe injury to any person; (b) damaged or dislodged fixed equipment; (c) flooding of Project Highway; and (d) any other unusual occurrence.

  • Borrower’s Failure to Notify Any outstanding Borrowing of Domestic Rate Loans shall, subject to Section 6.2 hereof, automatically be continued for an additional Interest Period on the last day of its then current Interest Period unless the Borrower has notified the Administrative Agent within the period required by Section 1.6(a) hereof that it intends to convert such Borrowing into a Borrowing of Eurocurrency Loans or notifies the Administrative Agent within the period required by Section 1.9(a) hereof that it intends to prepay such Borrowing. If the Borrower fails to give notice pursuant to Section 1.6(a) hereof of the continuation or conversion of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in U.S. Dollars before the last day of its then current Interest Period within the period required by Section 1.6(a) hereof and has not notified the Administrative Agent within the period required by Section 1.9(a) hereof that it intends to prepay such Borrowing, such Borrowing shall automatically be converted into a Borrowing of Domestic Rate Loans, subject to Section 6.2 hereof. If the Borrower fails to give notice pursuant to Section 1.6(a) above of the continuation of any outstanding principal amount of a Borrowing of Eurocurrency Loans denominated in an Alternative Currency before the last day of its then current Interest Period within the period required by Section 1.6(a) hereof and has not notified the Administrative Agent within the period required by Section 1.9(a) hereof that it intends to prepay such Borrowing, such Borrowing shall automatically be continued as a Borrowing of Eurocurrency Loans in the same Alternative Currency with an Interest Period of one month, subject to Section 6.2 hereof, including the application of Section 1.4 hereof and of the restrictions contained in the definition of Interest Period.

  • Liability for Failure to Make Transfers If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance: