Common use of Modifications and Cancellations Clause in Contracts

Modifications and Cancellations. These General Terms and Conditions may not be modified or terminated in whole or in part. The Seller may treat any attempted modification or termination by the Buyer as a cancellation of the entire Sales Agreement and recover from the Buyer all of its damages and losses without limitation whatsoever as per article 5 above. If the Buyer fails to comply with any of the terms of these General Terms and Conditions, the Seller shall have the right to cancel or terminate immediately any Sales Agreement while the obligations of the Buyer under such Sales Agreement will remain in whole or in such part at the Seller’s sole discretion; such a cancellation by the Seller will be treated as a cancellation by the Buyer and article 5 above will apply.