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any notice served on the Mutual by the Council notifying the Mutual of either a Minor Default or Major Default, in accordance with clause 22 of this Agreement;

Defective Merchandise means any product unsellable due to defects like damage, wear, or mismatching attributes.

Defect Liability Period means the duration post-completion during which a contractor is accountable for rectifying defects in supplied materials or performed works

Defence Personnel means active members and employees, including officers and contractors, within the Armed Forces.

Deferred sentence means if a defendant adheres to certain conditions such as probation, execution of the sentence will not proceed

deferred shares of PS * each in the capital of the Company from time to time;

Degree Program means a curriculum leading to an academic degree within a specific discipline

Deinstallation means removing all equipment from a device and returning the device to its original condition, excluding normal wear and tear.

Delayed Payment means funds credited to an account on a date or at a time later than specified in the transfer or payment details