Common use of Late Shipment Clause in Contracts

Late Shipment. Not later than thirty (30) days prior to the Ship Date relating to Product covered by a Purchase Order, Buyer may notify Seller in writing that (i) Buyer does not wish to receive shipment of any Products on the date set forth in such Purchase Order, or (ii) Buyer's facilities are not prepared in sufficient time for Seller to make delivery on such date. In either case, Seller shall delay delivery as requested by Buyer. Seller may, subject to Buyer's consent, store such Products in a commercially reasonable manner consistent with the storage requirements set forth in the Product Specifications at Buyer's risk of loss. Buyer shall reimburse Seller for reasonable out-of-pocket storage and shipping fees associated with such delay.

Appears in 2 contracts

Sources: Supply Agreement (Triton Network Systems Inc), Supply Agreement (Triton Network Systems Inc)