Common use of By Default Clause in Contracts

By Default. a) Immediately upon either party being notified by the other of any material breach of the Agreement, including those conditions detailed in the applicable PRO-1, F-81, and/or PRO-11. b) If Organization ceases its business operations whether in whole or in part.

Appears in 2 contracts

Sources: Registration/Certification Agreement, Registration/Certification Agreement

By Default. a) Immediately upon either party being notified by the other of any material breach of the Agreement, including those conditions detailed in the applicable PRO-1, F-81, and/or PRO-11SOP-1. b) If Organization ceases its business operations whether in whole or in part.

Appears in 2 contracts

Sources: Certification Agreement, Certification Agreement