Without Default definition

Without Default means that the applicable party at the period in question is not in breach of any terms, conditions, payments or other obligations of such party under this Lease, beyond any applicable notice and cure period.
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Examples of Without Default in a sentence

  • If you fail to cancel this Agreement within the Cancellation Period, you will be bound by its terms but you may terminate this Agreement in accordance with Clause 17 (Termination Without Default).

  • If you fail to cancel this Agreement within the Cancellation Period, you will be bound by its terms, but you may terminate this Agreement in accordance with Clause 17 (Termination Without Default).

  • If you fail to cancel this Agreement within the Cancellation Period, you will be bound by its terms and conditions, but you may terminate this Agreement according to the Clause 15 (Termination Without Default).

  • Termination shall not affect the outstanding rights and obligations (in particular relating to this Section 16 (Termination Without Default), Section 17 (Exclusions, Limitations and Indemnity) and Section 19 (Governing Law and Jurisdiction) and Transaction(s) which shall continue to be governed by this Agreement and the particular sections agreed between us in relation to such Transaction(s) until all obligations have been fully performed.

  • If you fail to cancel this Agreement within the Cancellation Period, you will be bound by its terms but you may terminate this Agreement in accordance with Clause 18 (Termination Without Default).

  • If you fail to cancel this Agreement within the Cancellation Period you will be bound by its terms but you may terminate this Agreement in accordance with Clause 17 (Termination Without Default).

  • If you fail to cancel this Agreement within the Cancellation Period, you will be bound by its terms, but you may terminate this Agreement in accordance with Clause 19 (Termination Without Default).

  • If you fail to terminate this Agreement within the Termination Period, you will be bound by its terms but you may subsequently terminate this Agreement in accordance with Clause 17 (Termination Without Default).

  • If you fail to cancel this Agreement within the Cancellation Period, you will be bound by its terms but you may terminate this Agreement in accordance with Clause 11 (Termination Without Default).

  • Existing Rights: Termination shall not affect the outstanding rights and obligations (in particular relating to this Section 16 (Termination Without Default), Section 17 (Exclusions, Limitations and Indemnity) and Section 19 (Governing Law and Jurisdiction) and Transaction(s) which shall continue to be governed by this Agreement and the particular sections agreed between us in relation to such Transaction(s) until all obligations have been fully performed.