Default Judgments Clause Samples
A Default Judgments clause establishes the conditions under which a court may issue a judgment in favor of one party when the opposing party fails to respond or participate in legal proceedings. Typically, this clause applies when a defendant does not file an answer or appear in court within the required timeframe, allowing the plaintiff to request a judgment without a trial. Its core practical function is to ensure that legal matters can proceed efficiently and that parties cannot unduly delay or avoid resolution by ignoring legal actions.
Default Judgments. The Borrower suffers any default judgment against it to remain unsatisfied for more than 10 business days after having become aware thereof or rescission of any such judgment has not been obtained within 40 business days after the judgment came to the attention of the Borrower; or
Default Judgments a. Northwell Health shall not obtain a default judgment against any patient without the specific approval of the Ombudsperson. Before authorizing a motion for a default judgment, the Ombudsperson should consider whether there is a reasonable basis to believe that the patient:
i. Already believes that the patient has adequately answered the complaint by calling or writing to Northwell Health, its collection agency, or its outside debt collection attorneys;
ii. Is known to be sick, disabled, infirm, or elderly to potentially render the patient unable to answer the complaint; or
iii. May not have received service of the complaint.
b. If Northwell Health has knowledge of the identity of an attorney representing a patient in connection with Northwell Health debt collection efforts, it shall notify its outside debt collection attorney, law firm, and agency of the identity of such attorney. Neither Northwell Health, nor any contracted collection agency or outside debt collection attorney retained by Northwell Health, shall directly contact any patient known to be represented by an attorney regarding the collection of that debt without the permission of the patient’s attorney.
Default Judgments. A judgment or order, for the payment of money in excess of $1,000,000, or otherwise having a Material Adverse Effect, shall be rendered against the Company or any of its Subsidiaries and such judgment or order shall continue unsatisfied (in the case of a money judgment) and in effect for a period of thirty (30) days during which execution shall not be effectively stayed or deferred (by action of a court, by agreement or otherwise).