Examples of default rules in a sentence
The LIFFE Contract shall be subject to the Rules of LIFFE and the General Regulations and Default Rules of LCH.
Default in financial settlement by the Trading Clearing Participant shall be subjected to the Default Rules under Chapter 4.
Xxxxxxx, The Sounds of Silence: Default Rules and Contractual Consent, 78 VA.
Default Rules and Procedures (Core Principle G): The Amendments facilitate ICE NGX’s compliance with Core Principle G - Default Rules and Procedures and Commission Regulation 39.16, as the Amendments relating to Contracting Party Affiliates, Set-off and Cross-Default enhance ICE NGX’s rules designed to allow for the efficient, fair and safe management of a default by a Contracting Party or Contracting Party Affiliate.
Fall Back Allocation Rules Where the Default Rules above cannot be applied or are not relevant, then the "Fall Back Allocation Rules" set out below are to apply and the Allocation Agent shall: allocate the metered quantity to the Shipper, if there is only one Shipper; or split the metered quantity equally between the Shippers, if there is more than one Shipper.