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. 8.2.4 If applicant organization does not respond/resolve issues raised by the SAB/SCB/Test Lab/Lead Assessor within a period of three months. This time limit may be extended based on reasonable justification on case to case basis with the approval of Head, SAB/SCB.

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. 8.2.4 If applicant organization does not respond/resolve issues raised by the SAB/SCBBDTL/Test Lab/Lead Assessor Certification Body within a period of three months. This time limit may be extended based on reasonable justification on case to case basis with the approval of Head, SAB/SCBHead BDCS.