Examples of Wilful Default in a sentence
The Trustee is not responsible for any Loss (including Consequential Loss) attributable to the postponement except to the extent that the Loss is caused by the Trustee having committed fraud, Gross Negligence or Wilful Default.
In this Agreement the phrase "Wilful Default" means that a Participant has committed one of the following acts or omissions.
Each Party shall have unlimited liability to the other Party for all reasonably foreseeable Losses suffered by the other Party in respect of any claims of liability arising out of its own Wilful Default and that of its employees or agents.
In the event of Wilful Default by either of the Parties (or their respective employees or agents), the relevant Party shall have unlimited liability to the other Party for all reasonably foreseeable Losses suffered by the relevant Party in respect of any claims of liability arising out of the Wilful Default of the other Party, its employees or agents.
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