Event short description: time_wait_checker
This event, in case of failure, is generated when a possible ephemeral ports exhaustion is reached. This means that no more local TCP connections can be created because no more local ports are available.
Background
time_wait_checker ensures the system does not run into a ephemeral ports exhaustion problem. It is fundamental to have ephemeral ports available so the system can work without any problem. To not have enough ephemeral ports available affects seriously the system rendering it unstable and unpredictable.
See next article to better understand this checker: http://www.core-admin.com/portal/kb-24032014-001-dealing-with-time-wait-exhaustion-no-more-tcp-connections
Resolution
See next article to know possible solutions and how to apply them: http://www.core-admin.com/portal/kb-24032014-001-dealing-with-time-wait-exhaustion-no-more-tcp-connections