Common use of Change or Cancellation Clause in Contracts

Change or Cancellation. HP may, without charge, change or cancel any portion of the Agreement including, without limitation, quantity required, HP designs or specifications prior to shipment provided HP gives Supplier notice. If HP changes or cancels any portion of the Agreement as provided above, Supplier shall provide HP with a written claim for adjustment prior to shipment which contemplates Supplier’s actual costs incurred as a direct result of such change or cancellation which are not recoverable by either: (i) the provision of Services to other parties within a reasonable time or (ii) the exercise by Supplier, in a commercially reasonable manner, of other mitigation measures. If the parties are unable to agree on the adjustment amount, HP may, without any liability to Supplier, terminate the Agreement as to all Services affected.

Appears in 42 contracts

Samples: Hp Purchase Order Terms And, Hp Purchase Order Terms And, Purchase Order Terms

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