Common use of Rescheduling and Cancellation Clause in Contracts

Rescheduling and Cancellation. Buyer may reschedule the delivery of any goods at any time up to the time of shipment for a period of up to ninety (90) days beyond the delivery date, and Buyer shall not have any liability for any costs associated with such rescheduling. Buyer may cancel this Purchase Order in whole or in part upon notice at any time and notwithstanding the fact such Purchase Order contains orders for non-cancellable/non-returnable (“NCNR”) or custom goods. Upon Buyer’s cancellation, Seller shall (a) stop work on such cancelled goods and deliver to Buyer such work in process or completed goods as may be requested by Buyer, (b) cancel orders for components or raw materials for such cancelled goods, and (c) return any unneeded components or raw materials for such cancelled goods. Unless otherwise stated on the face of this Purchase Order, all goods ordered hereunder are one hundred percent (100%) cancellable and one hundred percent (100%) returnable with no restocking or other such charges. Except for cancellation due to default or delay by Seller, Seller shall be entitled to commercially reasonable compensation for NCNR goods and custom components to the extent such liability is indicated on the face of this Purchase Order, which were properly ordered by Seller and which Seller cannot return, cancel or broker using diligent efforts within ninety (90) days after notice of cancellation by Buyer. The total compensation paid by Buyer for any NCNR or custom goods subject to cancellation shall not exceed the price on this Purchase Order for such cancelled goods. Buyer shall have no liability to Seller beyond payment of any balance owing for goods or services delivered to and accepted by Buyer prior to Seller's receipt of the notice of termination, and for work in process and completed goods requested by, delivered to, and accepted by Buyer after Seller’s receipt of notice of termination in accordance with this Section 12.

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions of Purchase

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Rescheduling and Cancellation. Buyer may reschedule the delivery of any goods at any time up to the time of shipment for a period of up to ninety (90) days beyond the delivery date, and Buyer shall not have any liability for any costs associated with such rescheduling. Buyer may cancel this Purchase Order in whole or in part upon notice at any time and notwithstanding the fact such Purchase Order contains orders for non-non- cancellable/non-returnable (“NCNR”) or custom goods. Upon Buyer’s cancellation, Seller shall (a) stop work on such cancelled goods and deliver to Buyer such work in process or completed goods as may be requested by Buyer, (b) cancel orders for components or raw materials for such cancelled goods, and (c) return any unneeded components or raw materials for such cancelled goods. Unless otherwise stated on the face of this Purchase Order, all goods ordered hereunder are one hundred percent (100%) cancellable and one hundred percent (100%) returnable with no restocking or other such charges. Except for cancellation due to default or delay by Seller, Seller shall be entitled to commercially reasonable compensation for NCNR goods and custom components to the extent such liability is indicated on the face of this Purchase Order, which were properly ordered by Seller and which Seller cannot return, cancel or broker using diligent efforts within ninety (90) days after notice of cancellation by Buyer. The total compensation paid by Buyer for any NCNR or custom goods subject to cancellation shall not exceed the price on this Purchase Order for such cancelled goods. Buyer shall have no liability to Seller beyond payment of any balance owing for goods or services delivered to and accepted by Buyer prior to Seller's receipt of the notice of termination, and for work in process and completed goods requested by, delivered to, and accepted by Buyer after Seller’s receipt of notice of termination in accordance with this Section 12.

Appears in 1 contract

Samples: Terms and Conditions of Purchase

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Rescheduling and Cancellation. Buyer may reschedule the delivery of any goods at any time up to the time of shipment for a period of up to ninety (90) days beyond the delivery date, and Buyer shall not have any liability for any costs associated with such rescheduling. Buyer may cancel this Purchase Order in whole or in part upon notice at any time and notwithstanding the fact such Purchase Order contains orders for non-cancellable/non-returnable (“NCNR”) or custom goods. Upon Buyer’s cancellation, Seller shall (a) stop work on such cancelled goods and deliver to Buyer such work in process or completed goods as may be requested by Buyer, (b) cancel orders for components or raw materials for such cancelled goods, and (c) return any unneeded components or raw materials for such cancelled goods. Unless otherwise stated on the face of this Purchase Order, all goods ordered hereunder are one hundred percent (100%) cancellable and one hundred percent (100%) returnable with no restocking or other such charges. Except for cancellation due to default or delay by Seller, Seller shall be entitled to commercially reasonable compensation for NCNR goods and custom components to the extent such liability is indicated on the face of this Purchase Order, which were properly ordered by Seller Buyer and which Seller cannot return, cancel or broker using diligent efforts within ninety (90) days after notice of cancellation by BuyerSeller. The total compensation paid by Buyer for any NCNR or custom goods subject to cancellation shall not exceed the price on this Purchase Order for such cancelled goods. Buyer shall have no liability to Seller beyond payment of any balance owing for goods or services delivered to and accepted by Buyer prior to Seller's receipt of the notice of termination, and for work in process and completed goods requested by, delivered to, and accepted by Buyer after Seller’s receipt of notice of termination in accordance with this Section 12.

Appears in 1 contract

Samples: Terms and Conditions of Purchase

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