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Common use of By Default Clause in Contracts

By Default. 8.2.1 Immediately upon either party being notified by the other of any material breach of this agreement. 8.2.2 If any party goes into liquidation or part of the undertaking thereof. 8.2.3 If either party ceases to trade whether in whole in part.

Appears in 2 contracts

Samples: Certification Agreement, Certification Agreement

By Default. 8.2.1 Immediately upon either party being notified by the other of any material breach of this agreement. 8.2.2 If any party goes into liquidation or part of the undertaking thereof. 8.2.3 If either party ceases to trade whether in whole in part.

Appears in 1 contract

Samples: Approval Agreement

By Default. 8.2.1 7.2.1. Immediately upon either party being notified by the other of any material breach of this agreementAgreement. 8.2.2 7.2.2. If any either party goes into liquidation or a Receiver or Administrator is appointed for all or part of the undertaking undertaking, thereof. 8.2.3 7.2.3. If either party ceases to trade whether in whole or in part.

Appears in 1 contract

Samples: Certification Agreement

By Default. 8.2.1 6.2.1. Immediately upon either party being notified by the other of any material breach of this agreementAgreement. 8.2.2 6.2.2. If any either party goes into liquidation or a Receiver or Administrator is appointed for all or part of the undertaking undertaking, thereof. 8.2.3 6.2.3. If either party ceases to trade whether in whole or in part.

Appears in 1 contract

Samples: Certification Agreement