Non-cancellable Clause Samples
A Non-cancellable clause establishes that an agreement or specific obligation cannot be terminated or revoked by either party before its agreed-upon end date. In practice, this means that once the contract is in effect, both parties are legally bound to fulfill their commitments for the entire duration, regardless of changing circumstances or preferences. This clause provides certainty and stability by preventing premature withdrawal, ensuring that both parties can rely on the continuity of the arrangement.
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Non-cancellable. Except for termination of an Order by Agency under Sections 10.2 and 10.4, Agency’s obligation to pay the Fees is non-cancellable and all payments made by Agency are non-refundable.
Non-cancellable. That this Agreement cannot be cancelled or terminated except as provided in this Agreement.
Non-cancellable. THERE IS NO COOLING OFF PERIOD
Non-cancellable. Lessee's acceptance of the Equipment shall be conclusively and irrevocably evidenced by Lessee signing the Certificate of Acceptance in the form of Annex A to the Schedules and upon acceptance, the Schedules shall be noncancelable for the Initial Term thereof. If Lessee cancels or terminates the Schedules after its execution and prior to delivery of the Equipment or if Lessee fails or refuses to sign the Certificate of Acceptance as to all or any part of the Equipment within a reasonable time, not to exceed five (5) days, after the Equipment has been delivered, in which event Lessee will be deemed to have canceled the Schedule, Lessee shall automatically assume all of Lessor's purchase obligations for the Equipment and Lessee agrees to indemnify and defend Lessor from any claims, including any demand for payment of the purchase price for the Equipment, by the manufacturer or seller of the Equipment. In addition thereto, Lessee shall pay Lessor (a) all of Lessor's out-of-pocket expenses and (b) a sum equal to one percent (1%) of the total rents for the lease term as liquidated damages, the exact sum of which would be extremely difficult to determine and is reasonably estimated hereby, to reasonably compensate Lessor for credit review, document preparation, ordering equipment and other administrative expenses. Lessor may apply any advance Rent payments to sums due from Lessee under (a) and (b) above.
Non-cancellable. Obligation The term “Non-cancellable Obligation” shall mean a Third Party Cost which, in either case, cannot be canceled without penalty upon termination of this Agreement.
Non-cancellable. Non-refundable. Except as specifically set forth to the contrary under Clause 6.2 (Warranty Remedies), Clause 7 (Indemnifications), Clause 9.3 (Effect of Termination), and under the SLA, all payment obligations under any and all Order Forms are non-cancellable and all payments made are non-refundable.
Non-cancellable. This Agreement may not be cancelled for any reason whatsoever. Prepayment is only allowed provided all outstanding billed and future unbilled payments over the balance of the term of this Agreement are received and any outstanding charges are paid.
Non-cancellable. This Agreement shall be effective as of the date of execution by both parties. THIS AGREEMENT AND ANY SCHEDULES EXECUTED HEREUNDER CANNOT BE CANCELLED OR TERMINATED EXCEPT AS EXPRESSLY PROVIDED HEREIN.
Non-cancellable non-reschedulable orders. Unless otherwise expressly agreed in the terms agreed under Section 6.1, purchase orders will be non-cancellable and non-reschedulable (“NCNR”), at a minimum, during the 6 months lead time to Product delivery. Intel may by notice to Mobileye change the NCNR period in its sole discretion depending on market conditions and supply availability.