No Demand Components Sample Clauses

No Demand Components. No Demand Components due to BUYERS actions such as, but not limited to, changes in Goods Specification, Cancelation of a Purchasing Order or Termination of Goods manufacturing resulting in no foreseen requirement for component at SUPPLIERS facility. BUYER accepts responsibility for all such components and commits to buy all No Demand components at cost cash value paid by SUPPLIER with additional 5 % of total value for handling cost. Agreement and transaction must be complete by BUYER and SUPPLIER within thirty (30) calendar days after notification of such component’s existence by SUPPLIER.