Common use of CANCELLATION AND POSTPONEMENT Clause in Contracts

CANCELLATION AND POSTPONEMENT. 3.1 The Purchaser shall fully indemnify BZ against all loss (including loss of profit) or expense however indirect or remote resulting from cancellation or other breach of the contract by the Purchaser. 3.2 All orders placed by the Purchaser are irrevocable but BZ shall have the right to cancel the contract without liability until such time that the Goods are delivered or Services performed as the case may be or the Purchaser is invoiced. 3.3 BZ shall be entitled to payment for all installments of Goods produced and/or Services performed in whole or in part and BZ shall without prejudice to its other rights be entitled to invoice the Purchaser forthwith on being requested by the Purchaser to delay performance of the Contract.