A tolerance ring is adapted to be deployed between inner and outer components. The tolerance ring includes a generally cylindrical body. The sidewall can include an undeformed portion. The sidewall can further include a plurality of wave structures. The wave structures can protrude radially from the undeformed portion. Some or all wave structures can protrude inwardly or can protrude outwardly. Furthermore, the tolerance ring when placed in an assembly having an inner component and an outer component can have a first torque break-point T1 in a first rotational direction. A torque break point for an assembly comprising an inner component, an outer component, and a tolerance ring is the torque at which slippage occurs.