Common use of Duty to Mitigate Costs Clause in Contracts

Duty to Mitigate Costs. Both Parties shall, in good faith, undertake Commercially Reasonable Efforts to mitigate the costs of termination, expiration or cancellation. Kin Yat shall make Commercially Reasonable Efforts to cancel all applicable component and material purchase orders and reduce component inventory through return for credit programs or allocate such components and materials for alternate iRobot programs if applicable, or other customer orders provided the same can be used within [***] of the termination date.

Appears in 4 contracts

Samples: Manufacturing Services Agreement (Irobot Corp), Manufacturing Services Agreement (Irobot Corp), Manufacturing Services Agreement (Irobot Corp)

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