Orders, Rescheduling and Cancellation Sample Clauses
The "Orders, Rescheduling and Cancellation" clause defines the procedures and conditions under which a party may place, modify, or cancel orders for goods or services. It typically outlines the steps required to request changes to an order, such as providing advance notice for rescheduling or specifying any fees or penalties that may apply to cancellations. This clause ensures both parties understand their rights and obligations regarding order management, helping to prevent disputes and clarify expectations around changes to agreed-upon transactions.
Orders, Rescheduling and Cancellation. Supplier will acknowledge each Distributor purchase order, in writing, within five days of receipt thereof and will confirm the requested shipment date or specify an alternative shipment date (“Acknowledged Shipment Date”). Distributor may, on at least thirty (30) days prior written notice, reschedule the Acknowledged Shipment Date of, or cancel, any order without cost or penalty.
Orders, Rescheduling and Cancellation. Supplier will acknowledge each Distributor purchase order, in writing, within five working days of receipt thereof and will confirm the requested shipment date or specify an alternative shipment date (“Acknowledged Shipment Date”). Unless PO is specifically stated as non-cancellable PO, distributor may, on at least thirty (30) days prior with written notice, cancel any order without cost or penalty. Distributor may, on at least fifteen (15) days prior written notice reschedule the Acknowledged Shipment Date of any order without cost or penalty. The rescheduled shipment date cannot be more than 60 days from the first original Acknoledgement Shipment Date.
Orders, Rescheduling and Cancellation. 3.1. All of Buyer’s orders are subject to acceptance by Seller and Seller reserves the right to accept or reject any order from the Buyer, in whole or in part.
3.2. If the Products are furnished for or to be used in the performance of a U.S. Government contract or subcontract for which a mandatory passdown clause or clauses are applicable, Buyer shall inform Seller of such clause(s) and allow Seller to review the clause(s) in question before Seller commences performance. In the event performance is commenced prior to receiving such notice, Seller reserves the right to terminate, without any liability whatsoever, any orders related to the U.S. Government and Buyer shall indemnify Seller against any claims related to the termination of such orders.
3.3. Orders may not be cancelled or rescheduled without Seller’s prior written consent. In the event that Seller in its sole discretion elects to accept a request for cancellation, the Buyer undertakes to indemnify Seller against all losses, including cost of all labour, materials, overhead, damages, charges and expenses arising out of the order and its cancellation.
Orders, Rescheduling and Cancellation