Common use of Cancellation of Orders Clause in Contracts

Cancellation of Orders. Where execution of the Order has not actually commenced within fifteen days12 of the date foreseen for the commencement of execution and the new date proposed, if any, is considered unacceptable by the Agency, the Agency may cancel such Order with no prior notice. Cancellation shall take effect from the day after the day on which the Contractor receives a registered letter with acknowledgment of receipt or equivalent. The Agency may cancel an Order at any time during execution thereof on the grounds and under the conditions set out in Article II.12 with respect to the part still outstanding. The Contractor shall accept, as the aggregate liability of the Agency, payment of the price of the goods delivered by him as at the effective date of cancellation.

Cancellation of Orders. Where execution of the Order has not actually commenced within fifteen days12 days7 of the date foreseen for the commencement of execution and the new date proposed, if any, is considered unacceptable by the Agency, the Agency may cancel such Order with no prior notice. Cancellation shall take effect from the day after the day on which the Contractor receives a registered letter with acknowledgment of receipt or equivalent. The Agency may cancel an Order at any time during execution thereof on the grounds and under the conditions set out in Article II.12 with respect to the part still outstanding. The Contractor shall accept, as the aggregate liability of the Agency, payment of the price of the goods delivered by him as at the effective date of cancellation.

Cancellation of Orders. Where execution of the Order has not actually commenced within fifteen days12 days of the date foreseen for the commencement of execution and the new date proposed, if any, is considered unacceptable by the AgencyCommission, the Agency Commission may cancel such Order with no prior notice. Cancellation shall take effect from the day after the day date on which the Contractor receives a registered letter with acknowledgment of receipt or equivalent. The Agency Commission may cancel an Order at any time during execution thereof on the grounds and under the conditions set out in Article II.12 with respect to the part still outstanding. The Contractor shall accept, as the aggregate liability of the AgencyCommission, payment of the price of the goods delivered by him him/her as at the effective date of cancellation.