Common use of Formation of Contracts Clause in Contracts

Formation of Contracts. 3.1. A Contract shall become effective the moment the Supplier has expressly accepted a complete Order through an Order Confirmation. The Company may withdraw from or amend an Offer at any time before the Order Confirmation and shall not be required to compensate any damages and/or costs as a result of such withdrawal or amendment. All Offers must be complete and made in full and must include all necessary and/or requested specification and/or (supporting) documentation. 3.2. Unless explicitly agreed otherwise In Writing, all actions made or taken by the Supplier prior to the formation of the Contract shall be for the risk and account of the Supplier.