Common use of DEFERRED SHIPMENT Clause in Contracts

DEFERRED SHIPMENT. Each Purchaser shall be entitled to defer shipment and delivery of any Equipment for a period of up to [**] days by notifying Seller no later than [**] days prior to the scheduled date of shipment, in which event Seller shall defer shipment and store such Equipment for such period at no cost to such Purchaser. Upon request from a Purchaser, Seller shall use commercially reasonable efforts to defer shipment and delivery of any Equipment for a period of up to an additional [**] days at no cost to such Purchaser, provided that Seller shall not be required to make such additional deferral to the extent Seller will incur material storage or other costs related to such deferral, unless Purchaser agrees to reimburse Seller for the amount of such costs.

Appears in 2 contracts

Sources: Master Purchase Agreement, Master Purchase Agreement (Casa Systems Inc)