Common use of Default of acceptance Clause in Contracts

Default of acceptance. If you are in default of acceptance of the ordered goods, we shall be entitled, after setting a reasonable grace period, to withdraw from the contract and to claim damages for default or non- performance. During the delay in acceptance, you shall bear the risk of accidental loss or accidental deterioration.

Default of acceptance. If you are in default of fall behind with the acceptance of the ordered goods, we shall be entitled, after setting a reasonable grace periodperiod of grace, to withdraw from the contract and to claim damages for default delay or non- performance. During the delay in default of acceptance, you shall bear the risk of accidental loss or accidental deterioration.