Definition of «defaulting party»

The phrase "defaulting party" refers to a person or organization that has failed to meet their obligations or responsibilities as agreed upon in a contract, agreement, or arrangement.

Sentences with «defaulting party»

  • «We've since engaged in the process of negotiations for the defaulting party to return the products to the NNPC. (nigeriapoliticsonline.com)
  • The basic attacks are simply executed with a button press and you can try to attempt to control the flow of combat during some of the battles by issuing commands to your party members, however the game isn't exactly difficulty enough except for some boss battles so you can breeze through the majority of the game just keeping with the default party AI. (gearnuke.com)
  • You'll receive a default party at the start but those adventurous enough can customize to their hearts desire with a wide range of choices. (playstationlifestyle.net)
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