Our default Sample Clauses
The "Our default" clause defines the circumstances under which the party drafting the contract (typically the service provider or seller) would be considered in default of their obligations. It typically outlines specific actions or failures—such as not delivering goods or services on time, failing to meet agreed standards, or breaching key terms—that would trigger a default. This clause clarifies what constitutes a breach by the provider, ensuring both parties understand the consequences and remedies available if the provider fails to perform as promised. Its core function is to allocate risk and provide a clear framework for addressing failures by the provider, thereby protecting the interests of the other party.
Our default. You may give us a Notice of Default if we:
(a) fail to provide the Services in a reasonably timely and competent manner; or
(b) fail to meet the standards specified in the Scope of Services.
Our default. 9.1 We may, by notice to you and without penalty, cancel the supply of any Equipment and Services under this Agreement. You are not required to pay for Services that we do not supply.
9.2 If we breach this Agreement:
(a) we will, at our discretion, re-supply at our expense or refund the price of any Equipment or Services not properly supplied;
(b) we are not obliged to take any other action; and
(c) we are not liable to you for any damages, indirect loss, lost profits or other consequential loss.