Common use of Cancellation of Orders Clause in Contracts

Cancellation of Orders. 11.1 If the Buyer cancels an order, Viking, at its option, shall be entitled to recover any and all actual damages suffered, in an amount not less than 15% of the original purchase price.

Cancellation of Orders. 11.1 If the Buyer buyer cancels an order, Viking, at its option, shall be entitled to recover any and all actual damages suffereddamages, in an amount but not less than 15% of the original purchase priceorder cost.