Common use of Cancellation of an Order Clause in Contracts

Cancellation of an Order. The Buyer has no right to cancel Products or services ordered, with the exception that the Buyer may cancel Products or services ordered within two weeks from the date when the order was received by the Seller, provided that the Seller has not yet issued the acknowledgement of order by the day of receipt of the Buyer’s cancellation. The acknowledgement of order shall be deemed issued on the day that it is dated. In the event of full or partial cancellation of an order by the Buyer, the Seller will be entitled to compensation of 15% of the total order price, unless otherwise agreed by the parties in writing.[ top ]

Cancellation of an Order. The Buyer has no right to cancel Products or services ordered, with the exception that the Buyer may cancel Products or services ordered within two (2) weeks from the date when the order was received by the Seller, provided that the Seller has not yet issued the acknowledgement of order by the day of receipt of the Buyer’s cancellation. The acknowledgement of order shall be deemed issued on the day that it is dated. In the event of full or partial cancellation of an order by the Buyer, the Seller will be entitled to compensation of 15% of the total order price, unless otherwise agreed by the parties in writing.[ top ]