CHANGE, CANCELLATION AND TERMINATION Sample Clauses
The 'Change, Cancellation and Termination' clause defines the rights and procedures for modifying, ending, or cancelling the agreement. It typically outlines how either party can request changes to the contract terms, the notice required for cancellation, and the conditions under which the agreement may be terminated, such as breach or mutual consent. This clause ensures both parties understand the process for altering or ending their obligations, thereby reducing uncertainty and providing a clear mechanism for managing unforeseen circumstances or disputes.
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CHANGE, CANCELLATION AND TERMINATION. In the event Customer desires to modify a purchase order, it shall submit a written change order to Wuhan Iron & Steel Group Corporation. Each change order is effective upon written acceptance by Wuhan Iron & Steel Group Corporation. In the event Customer modifies a purchase order within 30 days prior to the scheduled shipment date, Customer shall pay to Wuhan Iron & Steel Group Corporation a change charge equal to 5% of the original total purchase price of the purchase order modified with a minimum charge of $25.00. This fee will be assessed for Customer initiated changes regarding: ship-to location, if changed to a different country or port of destination; ship-date, if Wuhan Iron & Steel Group Corporation has already confirmed the ship-date to the Customer; configuration, if the change effects more than 5 line items in the order; quantity of items; or buyout items. All modifications made within an eight (8) hour business day (PST) will be considered to be one change. Any change or changes initiated or caused by Wuhan Iron & Steel Group Corporation will not be charged to the Customer. If Customer cancels a purchase order within 30 days prior to scheduled shipment date, Customer shall pay to Wuhan Iron & Steel Group Corporation a restocking fee of 25% of the total purchase price of the canceled purchase order and shall pay 100% for any buyout items canceled. Wuhan Iron & Steel Group Corporation shall not assess any cancellation charges if Wuhan Iron & Steel Group Corporation cancels an order. In the event that either party breaches any provision of this Agreement and fails to cure such breach within thirty (30) days after written notice from the other party, the breaching party shall be in default. Wuhan Iron & Steel Group Corporation maximum liability and Customer's maximum recovery for any claim arising out of or in connection with the sale or use of the Equipment shall not in the aggregate exceed the price paid by Customer for such Equipment hereunder less the price of the Equipment delivered and retained by Customer.
CHANGE, CANCELLATION AND TERMINATION. The PO can be changed, terminated or canceled by Buyer for any reason, including convenience upon prior written notification to Seller. In the event of a change, Buyer and Seller will make a fair and equitable modification to their rights and obligations under the PO, if such change results in an increase or decrease in costs to be incurred or time needed to complete performance of the PO. Termination or cancellation for convenience by Buyer will entitle Seller to payment for only those goods or services delivered, received and accepted, and not subsequently rejected by Buyer. Buyer may immediately terminate the PO without prejudice to any right or remedy, after giving Seller notice of any breach by Seller of its obligations hereunder.
CHANGE, CANCELLATION AND TERMINATION. In the event ▇▇▇▇▇▇’▇ Appliance, Inc desires to modify a purchase order, it shall submit a written change order to
CHANGE, CANCELLATION AND TERMINATION. The PO can be changed, terminated or canceled by PBC/PH/PCCH for any reason, including convenience upon prior written notification to Seller. In the event of a change, PBC/PH/PCCH and Seller will make a fair and equitable modification to their rights and obligations under the PO, if such change results in an increase or decrease in costs to be incurred or time needed to complete performance of the PO. Termination or cancellation for convenience by PBC/PH/PCCH will entitle Seller to payment for only those goods or services delivered, received and accepted, and not subsequently rejected by PBC/PH/PCCH. PBC/PH/PCCH may immediately terminate the PO without prejudice to any right or remedy, after giving Seller notice of any breach by Seller of its obligations hereunder.
CHANGE, CANCELLATION AND TERMINATION. The Contract can be changed, terminated or canceled by Owner for any reason, including convenience upon prior written notification to Contractor. In the event of a change, Owner and Contractor will make a fair and equitable modification to their rights and obligations under the Contract, if such change results in an increase or decrease in costs to be incurred or time needed to complete performance of the Contract. Termination or cancellation for convenience by Owner will entitle Contractor to payment for only those goods or services delivered, received and accepted and not subsequently rejected by Owner. Owner may immediately terminate the Contract without prejudice to any right or remedy, after giving Contractor notice of any breach by Contractor of its obligations hereunder.
CHANGE, CANCELLATION AND TERMINATION. In the event H▇▇▇▇▇ desires to modify a purchase order, it shall submit a written change order to Supplier. Each change order is effective upon written acceptance by Supplier. If H▇▇▇▇▇ cancels a purchase order within 30 days prior to scheduled shipment date, H▇▇▇▇▇ shall pay to Supplier a restocking fee of five (5%) percent of the total purchase price of the canceled purchase order.
CHANGE, CANCELLATION AND TERMINATION a. The PO can be changed, terminated, suspended or canceled by Buyer without cause, upon thirty (30) days prior written notification to Seller. Upon receipt of notice of such termination, Seller will inform ▇▇▇▇▇ of the extent of which it has completed performance as of the date of such notice, and Seller will collect and deliver to Buyer whatever Work then exists. Buyer will pay Seller for all Work performed and accepted through the effective date of the termination.
b. Either party may terminate the PO immediately by delivering written notice to the other party for any material breach not cured within thirty (30) days of receipt of notice of the breach.
c. In the event of a change, Buyer and Seller will make a fair and equitable modification to their rights and obligations under the PO, if such change results in an increase or decrease in costs to be incurred or time needed to complete performance of the PO. Termination or cancellation for convenience by Buyer will entitle Seller to payment for only the Work delivered, received and accepted, and not subsequently rejected by ▇▇▇▇▇. Buyer may immediately terminate the PO without prejudice to any right or remedy, after giving Seller notice of any breach by Seller of its obligations hereunder.
d. Any obligations or duties which, by their nature, extend beyond the expiration or termination of the PO shall survive the expiration or termination of the PO.
CHANGE, CANCELLATION AND TERMINATION. In the event that either party breaches any provision of this Agreement and fails to cure such breach within thirty (30) days after written notice from the other party, the breaching party shall be in default and the non-breaching party shall have the right, but not the obligation, to terminate this Agreement by providing written notice to the breaching party at least thirty (30) days prior to the date of termination. Any subsequent cure of the breach that resulted in the termination notice will not affect the validity of the termination notice, unless such notice is withdrawn by the non-breaching party. Hybrid' maximum liability and CUSTOMER's maximum recovery for any claim arising out of or in connection with the sale or use of Products shall not in the aggregate exceed the price paid by CUSTOMER for such Products hereunder less the price of Products delivered to and retained by CUSTOMER.
CHANGE, CANCELLATION AND TERMINATION. In the event that either party breaches any provision of this Agreement and fails to cure such breach within thirty (30) days after written notice from the other party, the breaching party shall be in default and the non-breaching party shall have the right, but not the obligation, to terminate this Agreement by providing written notice to the breaching party at least thirty (30) days prior to the date of termination. Any subsequent cure of the breach that resulted in the termination notice will not affect the validity of the termination notice, unless such notice is withdrawn by the non-breaching party.
CHANGE, CANCELLATION AND TERMINATION