No Default Clause

A "No Default Clause" is a provision in a contract that specifies that neither party can be considered in default unless a specific event or condition occurs, as defined in the contract.

IRI: http://lmss.sali.org/RcRpGHlBPQA4Z6MaK5qMF8
Branch: Objectives

Also known as

Clause de non-défaut, Cláusula de não padrão, Keine Standardklausel, No Default Clause, Sin Cláusula por Defecto, Sin Cláusula por Defecto, אין סעיף ברירת מחדל, कोई डिफ़ॉल्ट क्लॉज नहीं, デフォルトなし条項, 无默认条款

Ancestry path

Objectives Transactional Objectives Contractual Clause

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