No Default Clause Keine Standardklausel No Default Clause Sin Cláusula por Defecto Sin Cláusula por Defecto Clause de non-défaut אין סעיף ברירת מחדל कोई डिफ़ॉल्ट क्लॉज नहीं デフォルトなし条項 Cláusula de não padrão 无默认条款 A "No Default Clause" is a provision in a contract that specifies that neither party can be considered in default unless a specific event or condition occurs, as defined in the contract.