Common use of Change in Payment Terms Clause in Contracts

Change in Payment Terms. In the event that Buyer fails to make payments on a timely basis, QUALCOMM shall have the right to condition further deliveries under open P.O.s, and/or acceptance of additional P.O.s on Buyers payment of the full price for Product(s) covered thereby prior to delivery.

Appears in 3 contracts

Sources: Satellite Products Supply Agreement, Supply Agreement (Globalstar, Inc.), Supply Agreement (Globalstar, Inc.)