Material PI Failure definition

Material PI Failure a failure by the Supplier to meet the PI Service Threshold in respect of 25% or more of the Subsidiary Performance Indicators that are measured in that Service Period; and/or a failure by the Supplier to meet the Target Performance Level in respect of 50% or more of the Subsidiary Performance Indicators that are measured in that Service Period;
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Material PI Failure means:- an Improvement Plan Trigger occurs in respect of a Service Level for three (3) or more Measurement Periods out of any four (4) rolling Measurement Periods under a Call‑Off Contract an Improvement Plan Trigger occurs in respect of a Quality Measure for two (2) or more Measurement Periods out of any three (3) rolling Measurement Periods under a Call‑Off Contract and a failure by the Supplier to meet the Improvement Plan Trigger in respect of two (2) or more Call‑Off Contract Performance Indicators in any Measurement Period under a Call‑Off Contract
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Material PI Failure. Not used;
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Related to Material PI 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.

  • 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;

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

  • 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).