Common use of TERMINATION OR MODIFICATION Clause in Contracts

TERMINATION OR MODIFICATION. This Contract may be modified or terminated only upon Seller's written consent. If all or part of this Contract is terminated, Buyer, in the absence of contrary written agreement with Seller, shall pay termination charges based upon expenses and costs incurred in the production of the Goods to the date such termination is accepted by Seller plus a reasonable profit, except that any Goods completed on or before Seller's acceptance of such termination shall be accepted and paid in full by Buyer.

Appears in 2 contracts

Sources: General Terms and Conditions of Sale, General Terms and Conditions of Sale

TERMINATION OR MODIFICATION. This The Contract may be modified or terminated only upon Seller's ’s written consent. If all or part of this the Contract is terminated, Buyer, in the absence of contrary written agreement with Seller, shall purchase completed Goods at the Contract price and work-in-progress and raw materials (including sub-suppliers’ finished goods, work-in-progress and raw materials) at Seller’s actual cost. Upon termination, Buyer shall also pay termination charges based upon expenses and costs incurred in full any tooling that has been amortized in the production of the Goods to the date such termination is accepted by Seller plus a reasonable profit, except that any Goods completed on or before Seller's acceptance of such termination shall be accepted and paid in full by Buyerpiece price.

Appears in 2 contracts

Sources: Terms and Conditions of Sale, Terms and Conditions of Sale

TERMINATION OR MODIFICATION. This Contract The sales contract may be modified or terminated only upon Seller's ’s written consent. If all or part of this Contract the sales contract is terminated, Buyer, in the absence of contrary written agreement with Seller, Buyer shall pay termination charges based upon expenses and costs incurred in the production of the Goods goods to the date such termination is accepted by Seller plus a reasonable profit. Notwithstanding any such termination, except that Buyer shall accept delivery of and pay in full for any Goods goods completed on or before prior to Seller's ’s acceptance of such termination shall be accepted plus Seller's non-recoverable costs (including incidental and paid in full by Buyerconsequential damages) attributable to the terminated order.

Appears in 1 contract

Sources: Sales Contracts

TERMINATION OR MODIFICATION. This Contract The contract may be modified or terminated only upon Seller's written consent. If all or part of this Contract the contract is terminated, Buyer, in the absence of contrary written agreement with Seller, shall pay termination charges based upon expenses and costs incurred in the production of the Goods goods to the date such termination is accepted by Seller plus a reasonable profit, except that any Goods goods completed on or before prior to Seller's acceptance of such termination shall be accepted and paid for in full by Buyer.

Appears in 1 contract

Sources: Terms and Conditions of Sale

TERMINATION OR MODIFICATION. This Contract The sales contract may be modified or terminated only upon Seller's written consent. If all or part of this Contract the sales contract is terminated, Buyer, in the absence of a contrary written agreement with Seller, shall pay termination charges based upon expenses and costs incurred in the production of the Goods goods to the date such termination is accepted by Seller plus a reasonable profit, except that any Goods goods completed on or before prior to Seller's acceptance of such termination shall be accepted and paid for in full by Buyer.

Appears in 1 contract

Sources: Terms and Conditions of Sale

TERMINATION OR MODIFICATION. This The Contract may be modified or terminated only upon Seller's ’s written consent. If all or part of this the Contract is terminated, Buyer, in the absence of contrary written agreement with Seller, shall pay termination charges based upon equal to the expenses and costs incurred in the production of the Goods to the date such termination is accepted by Seller plus a reasonable profit, except that any Goods completed on or before prior to Seller's ’s acceptance of such termination shall be accepted and paid for in full by Buyer.

Appears in 1 contract

Sources: Sales Contract

TERMINATION OR MODIFICATION. This Contract The contract may be modified or terminated only upon Seller's written consent. If all or part of this Contract the contract is terminated, Buyer, in the absence of contrary a written agreement with Seller, shall pay termination charges based upon expenses and costs incurred in the production of the Goods goods to the date such termination is accepted by Seller plus a reasonable profit, except that any Goods goods completed on or before prior to Seller's acceptance of such termination shall be accepted and paid for in full by Buyer.

Appears in 1 contract

Sources: Sales Contracts

TERMINATION OR MODIFICATION. This The Contract may be modified or terminated only upon Seller's written consent. If all or part of this the Contract is terminated, Buyer, in the absence of contrary written agreement with Seller, shall pay termination charges based upon equal to the expenses and costs incurred in the production of the Goods to the date such termination is accepted by Seller plus a reasonable profit, except that any Goods completed on or before prior to Seller's acceptance of such termination shall be accepted and paid for in full by Buyer.

Appears in 1 contract

Sources: Sales Contract

TERMINATION OR MODIFICATION. This Contract The Agreement may be modified or terminated only upon SellerSupplier's written consent. If all or part of this Contract the Agreement is terminated, terminated by Buyer, in the absence of contrary written agreement with SellerSupplier, Buyer shall pay termination charges based upon actual expenses and costs incurred in the production of the Goods Product to the date such termination is accepted by Seller Supplier plus a reasonable profit, except that any Goods Product completed on or before Sellerprior to Supplier's acceptance of such termination shall be accepted and paid for in full by Buyer.

Appears in 1 contract

Sources: Supplier's Standard Terms and Conditions

TERMINATION OR MODIFICATION. This Contract The contract may be modified or terminated only upon Seller's written consent. If all or part of this Contract the sales contract is terminated, Buyer, in the absence of contrary written agreement with Seller, shall pay termination charges based upon expenses and costs incurred including overhead in the production of the Goods goods to the date such termination is accepted by Seller plus a reasonable profit, except that any Goods goods completed on or before prior to Seller's acceptance of such termination shall be accepted and paid for in full by Buyer.

Appears in 1 contract

Sources: Terms and Conditions of Sale