Common use of Converters Clause in Contracts

Converters. It is acknowledged and agreed that Customer shall not be liable for the performance of any obligation that may be undertaken by any of the Converters to 3M in connection with the purchase of Components pursuant to this agreement or otherwise including, without limitation, the payment for Components pursuant to any orders placed by such Converters with 3M. Not withstanding the foregoing, Customer agrees to cooperate with 3M and render all assistance that may be reasonably requested with respect to any default by Converter in connection with its purchase of Components from 3M.