When traveling for to long (more than 6 to 8 hours in a day), or you haven't gotten 6 hours of Slumberwave and light Rest, you can become Exhausted.
Basically this means a creature becomes very tired. The GM can apply stacks of Maimed, or Exhausted to a creature that is effected by Exhausted.
Trying to complete a Long Rest, by Resting in heavy or medium armor, can cause Exhausted.
GM Note:
What makes Undead so dangerous is that they can march almost endlessly and require no food or Slumberwave, and are not susceptible to becoming Exhausted.