Effect of Termination on Orders Clause Samples
The "Effect of Termination on Orders" clause defines what happens to existing or pending orders when a contract is terminated. Typically, this clause clarifies whether outstanding orders will be fulfilled, canceled, or subject to special terms after the main agreement ends. For example, it may state that all orders placed before termination will be completed under the original contract terms, or that no new orders can be placed after notice of termination. Its core function is to provide certainty and prevent disputes by specifying the status of orders at the time the contract relationship ends.
Effect of Termination on Orders. In the event that this Agreement is terminated in accordance with any provision of Section A of this Article V (other than Section A.6.), Distributor may cancel all unshipped orders received from Dealer for Isuzu Products. Termination of this Agreement shall not release Dealer, however, from the obligation to pay any sum which may then be owing Distributor.
Effect of Termination on Orders. Upon the expiration or earlier termination of this Agreement, Supplier will fill all outstanding Purchase Orders in accordance with their terms within four (4) months after the date of such expiration or termination.
Effect of Termination on Orders. The termination of this Agreement for any reason shall not affect the obligations of either Party pursuant to any Orders previously executed hereunder, and the terms and conditions of this Agreement shall continue to apply to such Orders as if this Agreement had not been terminated.
Effect of Termination on Orders. Upon the expiration or earlier termination of this Agreement, Supplier will fill all accepted POs in accordance with their terms. If Wellgistics is in possession of any Product at the expiration and/or termination of this Agreement, Wellgistics shall have the right to sell such Product after the expiration and/or termination of this Agreement. Wellgistics will not have the right to return Product to Supplier following expiration and/or termination of this Agreement.
Effect of Termination on Orders. If Company and Distributor do not enter into a new Distributor Agreement when this Agreement expires or is terminated, all orders of Distributor shall be automatically canceled, except as provided in this Article 7.2. Termination or expiration of this Agreement will not release Distributor or Company from the obligation to pay any amounts owing the other, or which may become due.