Common use of Forecasts Orders and Delivery Clause in Contracts

Forecasts Orders and Delivery. 5.1 Prior to deliveries of Goods, the Customer shall ensure that all necessary permits and clearances have been obtained for Goods within the relevant country. The Customer shall be solely responsible for all customs clearance for the Goods, and it shall bear and pay all taxes, duties, and other charges imposed on it by reason of its purchase, import or sale of the Goods. 5.2 Notwithstanding the foregoing, orders shall be binding upon the Supplier only when accepted in writing. 5.3 The Customer may not cancel orders that have been confirmed by the Supplier unless the Supplier has consented in writing to cancellation and provided that the Customer compensates the Supplier for any and all costs associated with cancelled orders. 5.4 The ownership right to the Goods is retained by the Supplier until the payment is made in full.