Performance Failure definition
Performance Failure shall have the meaning as set forth in Section 2.03(b)(i)(1).
Performance Failure means any failure of the Fund Manager, administrator and/or the custodian (and/or other relevant service provider, as determined by the Calculation Agent) of a Fund to perform any of its material obligations under the Fund Rules or the liquidation, termination of appointment or resignation of the Fund Manager, administrator, custodian and/or a relevant service provider of such Fund;
Performance Failure in transaction processing means performance in the “overall” category that is below the Standard Performance level. “Performance Failure” in telephone service quality means performance in any two of the three measured categories that is below the Standard Performance level.
Examples of Performance Failure in a sentence
If a Critical Performance Failure occurs, the Authority may exercise its rights to terminate this Agreement in whole or in part pursuant to Clause 34.1 or 34.2 (Termination by the Authority).
More Definitions of Performance Failure
Performance Failure in telephone service quality means performance in any two of the three measured categories that is below the Standard Performance level.
Performance Failure has the meaning set forth in Section 18.3(A).
Performance Failure a KPI Failure or a PI Failure;
Performance Failure a KPI Failure or a PI Failure; “Performance Indicators” the Key Performance Indicators and the Subsidiary Performance Indicators;
Performance Failure in transaction processing means performance in the "overall" category that is below the Standard Performance level. "Performance Failure" in telephone service quality means performance in any two of the three measured categories that is below the Standard Performance level.
Performance Failure means any disruption, degradation, or failure of Service, including without limitation any Interruption (but excluding Scheduled Interruptions), any installation failure or delay, or any mistake, delay, omission, error or other defect in the Service or in the provision thereof.
Performance Failure means performance during a particular quarter in a particular transaction processing category or telephone service quality categories that is below the Standard Performance level.