Common use of Automatic Release Clause in Contracts

Automatic Release. If the Purchaser fails to provide any information required by this Article within the times herein specified, or if the Parties are not able to reach agreement as to the substance of a Change Order to which the Seller is entitled pursuant to this Article by the conclusion of the Order Definition Meeting, the Seller will deliver the Equipment as originally described in Attachment 2.

Appears in 2 contracts

Sources: Equipment Purchase Agreement (MMC Energy, Inc.), Contract for Sale of Equipment & Services (MMC Energy, Inc.)