Common use of Cancellation Costs Clause in Contracts

Cancellation Costs. Where the Customer cancels an order after it has been placed, we may demand 10% of the sale price for the costs incurred for processing the order and for loss of profit, notwithstanding claims for higher actual costs. The Customer shall be at liberty to provide evidence that our costs were in fact less than this.

Appears in 3 contracts

Sources: General Terms of Delivery, General Terms of Delivery, General Terms of Delivery

Cancellation Costs. Where If the Customer cancels an order after it has been placed, we may have the right to demand 10% of the sale price as compensation for the costs incurred for processing the order and for loss of profit, notwithstanding claims for higher actual costs. The Customer shall be at liberty to provide evidence that our costs were in fact less than this.

Appears in 1 contract

Sources: General Terms and Conditions of Supply

Cancellation Costs. Where If the Customer cancels an order after it has been placed, we may demand 10% of the sale price for the costs incurred for processing the order and for loss of profit, notwithstanding claims for higher actual costs. The Customer shall be at liberty to provide evidence that our costs were in fact less than this.

Appears in 1 contract

Sources: General Terms of Delivery