Common use of HOLD FOR RELEASE Clause in Contracts

HOLD FOR RELEASE. If this is a "hold for release" Order and/or "for drawings only", then Buyer shall not incur any liability to Seller for the goods unless and/or until Buyer instructs Seller in writing to proceed with product production and/or further performance.

Appears in 2 contracts

Sources: Purchase Order Agreement, Purchase Agreement

HOLD FOR RELEASE. If this is a "hold for release" Order and/or "for drawings only", ," then Buyer shall not incur any liability to Seller for the goods Goods unless and/or until Buyer instructs Seller in writing to proceed with product production and/or further performance.

Appears in 1 contract

Sources: Terms & Conditions of Purchase