Wilful Default means a deliberate act or omission which will result in (and can reasonably be expected to have been intended to result in) a breach of this Agreement and which, as soon as practicable, but in any event within 30 days after written notice (particularising the alleged breach) is given to the party alleged to be in default, is not either:

Wilful Default of Party B means the fraud, negligence or wilful default of Party B and of its officers, employees, agents and any other person where Party B is liable for the acts or omissions of such other person under the terms of any Transaction Document;

Wilful Default in relation to Party B means, subject to Part 5(11)(d)(iii) of this Schedule, any wilful failure by Party B to comply with, or wilful breach by Party B of, any of its obligations under any Transaction Document, other than a failure or breach which:

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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More Definitions of Wilful Default

Wilful Default of the Trustee means the fraud, negligence or wilful default of the Trustee and of its officers, employees, agents and any other person where the Trustee is liable for the acts or omissions of such other person under the terms of any Transaction Document;

Wilful Default in relation to the Trustee or the Manager, means, subject to clause 1.3(k) any wilful failure by the Trustee to comply with, or wilful breach by the Trustee or the Manager (as the case may be) of any of its obligations under any Transaction Document, other than a failure or breach which:

Wilful Default means fraud or any act or omission of a party with an intentional, conscious or reckless disregard of the terms of this Agreement.

Wilful Default means an intentional breach of the terms of this Agreement.

Wilful Default means a deliberate or conscious breach of this Agreement by any of the Parties which has a Material Adverse Effect on the other Party.

Wilful Default of a party means the fraud, negligence or wilful default of that party and of its officers, employees, agents and any other person where that party is liable for the acts or omissions of such other person under the terms of any Transaction Document;

Wilful Default in relation to a party means, subject to clause 1.3(j), any wilful failure by that party to comply with, or wilful breach by that party of, any of its obligations under any Transaction Document, other than a failure or breach which: