Common use of Modification or Cancellation Clause in Contracts

Modification or Cancellation. Company may cancel, revoke, amend, or modify any Purchase Order at any time. UNDER NO CIRCUMSTANCES WILL COMPANY OR ANY OF ITS AFFILIATES BE LIABLE TO VENDOR AS A RESULT OF ANY CANCELLATION PRIOR TO ACCEPTANCE OF THE MERCHANDISE FOR ANY AMOUNTS SET FORTH IN A PURCHASE ORDER OR OTHERWISE. NEITHER COMPANY NOR ANY OF ITS AFFILIATES SHALL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES, WHETHER BASED UPON THEORIES OF CONTRACT, TORT, OR OTHERWISE, ARISING OUT OF OR RELATING TO SUCH PURCHASE ORDER.