Rescheduled Delivery and Cancellation of Orders Clause Samples

The 'Rescheduled Delivery and Cancellation of Orders' clause outlines the procedures and conditions under which a buyer or seller may change the delivery date or cancel an order after it has been placed. Typically, this clause specifies the notice period required for rescheduling or cancellation, any associated fees or penalties, and the circumstances under which such changes are permitted. For example, it may allow a customer to postpone delivery with advance notice or require compensation if an order is canceled close to the delivery date. The core function of this clause is to provide a clear framework for managing changes to orders, thereby reducing disputes and allocating the risks and costs associated with last-minute modifications.
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Rescheduled Delivery and Cancellation of Orders. Company may request Jabil to reschedule the delivery date for Product(s) and cancel pending orders in accordance with this Section 10.5. The charges to Company for deferring or accelerating delivery of an order (rescheduled) or cancellation of an order are outlined below: 0-30 Days Company may not reschedule an order within 30 days of the delivery date without payment in full for the order. Company may not cancel an order to be delivered within 30 days of the applicable delivery date without payment to Jabil in full for the order.
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Rescheduled Delivery and Cancellation of Orders. Company may request Jabil to reschedule the delivery date for Product(s) and cancel pending orders in accordance with this Section 10.5. The charges to Company for deferring or accelerating delivery of an order (rescheduled) or cancellation of an order are outlined below: a. 12 months forecast with following condition: see below b. [***] of Transducer. c. Transducer shelf life is [***]. If Ulthera wants to push out any one version during [***] Jabil will build the units but will [***]. The [***] will not be subjected to the charges set forth in schedule 10.5 JBL073 Manufacturing Services Agreement [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. Current plus 3 months No changes to the total qty. Hard PO’s [***] for month 2 and onwards [***] Jabil will review the change request and notify Ulthera with-in 2 days if this request can be meet 4th month to 6th month [***] 7th month to 9 month [***] 10th to 12th month [***] In addition to the charges set forth above, Company shall be responsible for all inventory costs resulting from a reschedule or cancellation. Such inventory costs shall be billed on a monthly basis [***], and shall be applied to the inventory applicable to the rescheduled or cancelled order. Reschedules in excess of the maximum deferred quantity or period (set forth above) will be considered cancellations and subject to applicable cancellation charges. Reschedules and cancellations may result in [***]. In addition to the charges and costs set forth above, Company shall also be [***].
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Rescheduled Delivery and Cancellation of Orders. Digital may request Jabil to reschedule the delivery date for Product(s) and cancel pending orders in accordance with this Section 10.5. Reschedules and cancellations may result in revised product pricing. The charges to Digital for deferring or accelerating delivery of an order (rescheduled) or cancellation of an order are as follows:
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Rescheduled Delivery and Cancellation of Orders. Company may not reschedule or cancel orders within 60 days of delivery. Company shall be responsible for all inventory costs resulting from a reschedule or cancellation of Manufacturing Services in the binding period of the Build Schedule Forecast, i.e. the first three (3) calendar months thereof. If Jabil, acting reasonably, demonstrates to Company that the reschedule or cancellation will result in increased production costs, Jabil and Company will agree on a new price and the Fee & Price Schedule will be revised accordingly to allow Jabil to recover such increased production costs. Such inventory costs shall be billed on a monthly basis plus an interest rate calculated as follows: two percent (2%) per annum plus the prime rate, as announced in The Wall Street Journal as of the date of reschedule (said interest rate shall be adjusted on the first business day of each calendar month thereafter for as long as the rescheduled order is maintained in inventory) and shall be applied to the inventory applicable to the rescheduled or cancelled order. Orders may be rescheduled up to a maximum of 90 days in total (considering multiple reschedules) from the original order delivery date unless excess inventory generated by order reschedule is purchased by Company within 90 days of the original order delivery date. In addition to the charges and costs set forth above, Company shall also be liable for the depreciation (determined in accordance with U.S. Generally Accepted Accounting Principles) for the period of time any piece of equipment (except Loaned Equipment) is idle as a result of the reschedule or cancellation for up to six months from the date of termination or cancellation.
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Rescheduled Delivery and Cancellation of Orders. Owlet has the right to request that Supplier reschedule the delivery date for Product(s) at any time prior to shipment, and loss, damage, costs, expenses and fees arising from rescheduling the delivery shall be borne by Owlet. In the event of a request to cancel a shipment, Owlet shall reimburse Supplier for any finished Products and for Product Materials in accordance with Section 2.6.
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Rescheduled Delivery and Cancellation of Orders. Company may request Jabil to reschedule the delivery date for Product(s) and cancel pending orders in accordance with the attached Schedule 1, Statement of Work.
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Rescheduled Delivery and Cancellation of Orders. MEP may request BASA to reschedule the delivery date for Product(s) and cancel pending orders in accordance with this Section. The charges to MEP for deferring or accelerating delivery of an order (rescheduled) or cancellation of an order are outlined below: Business Days Prior to Delivery Date Reschedule Terms Cancelation Liability 0-15 MEP may not reschedule an order within 15 Business Days of the delivery date without payment in full for the order MEP may not cancel an order to be delivered within 15 Business Days of the applicable delivery date without payment to BASA in full for the order. Beyond 16 MEP may reschedule the delivery of an order without additional liability provided that such rescheduled order is rescheduled to be delivered within 60 Business Days of the original delivery date. MEP will be charged 100% of BASA’s incurred cost-plus margin for any order cancelled and not shipped within 60 Business Days from the applicable delivery date. In addition to the charges set forth above and accepted as agreed in the Build Schedule, any initial payment made by MEP to BASA shall be non-refundable upon receipt regardless of any attempt by MEP or its customer or contractor to cancel the order or termination of this Agreement, unless BASA for any reason is unable to complete the order in accordance with the Build Schedule. Additionally, MEP shall also be responsible for all inventory costs necessary to cover reasonable costs to move Components, Unique Components, WIP, or finished goods resulting from a reschedule or cancellation. BASA agrees to use reasonable efforts to mitigate such inventory costs needed to return inventory to AVL suppliers where possible, scrap materials, forward to customer location of choice, and/or destroy excess. Reasonable inventory costs include storage of Components, Unique Components, excess materials, WIP, and/or finished goods, and efficient, cost-effective use of human resource capital required to schedule movement, transportation, and/or destruction of goods as per MEP’s directions. Such inventory costs shall be billed on a monthly basis plus an interest rate of one and one-quarter percent (1.25%) per month and shall be applied to the inventory applicable to the rescheduled or cancelled order. Reschedules in excess of the maximum deferred quantity or period (set forth above) will be considered cancellations and subject to applicable cancellation charges. Reschedules and cancellations may result in revised product pricing...
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Related to Rescheduled Delivery and Cancellation of Orders

  • Cancellation of Orders If payment for shares purchased is not received within the time customary or the time required by law for such payment, the sale may be canceled without notice or demand, and neither FTDI nor the Fund(s) shall have any responsibility or liability for such a cancellation; alternatively, at FTDI's option, the unpaid shares may be sold back to the Fund, and Bank shall be liable for any resulting loss to FTDI or to the Fund(s). FTDI shall have no liability for any check or other item returned unpaid to Bank after Bank has paid FTDI on behalf of a purchaser. FTDI may refuse to liquidate the investment unless FTDI receives the purchaser's signed authorization for the liquidation.

  • TERMINATION OF ORDERS Participating Entities may terminate an order, in whole or in part, immediately upon notice to Supplier in the event of any of the following events: 1. The Participating Entity fails to receive funding or appropriation from its governing body at levels sufficient to pay for the equipment, products, or services to be purchased; or 2. Federal, state, or provincial laws or regulations prohibit the purchase or change the Participating Entity’s requirements.

  • Contract Cancellation DCF may cancel this Contract after providing the Contractor with thirty (30) calendar days written notice of the Contractor’s right to cure a failure of the Contractor to perform under the terms of this Contract. The following are examples of contractor failure that would warrant cancellation: • Breaches or defaults an obligation under the Contract as follows: • Fails to follow the sales and use tax certification requirements of s. 77.66 of the Wisconsin Statutes; • Incurs a delinquent Wisconsin tax liability; • Fails to submit a non-discrimination or affirmative action plan as required here in; • Fails to follow the non-discrimination or affirmative action requirements of subch. II, Chapter 111 of the Wisconsin Statutes (Wisconsin’s Fair Employment Law); • Becomes a Federally debarred Contractor; • Is excluded from Federal procurement and non-procurement contracts; • Fails to maintain and keep in force all required insurance, permits and licenses as provided in this Contract; • Fails to maintain the confidentiality of DCF’s information that is considered to be Confidential Information, proprietary, or containing Personally Identifiable Information; • Contractor violates other state laws; or • Contractor performance threatens the health or safety of a State employee or State customer. The Contractor may cancel this Contract after providing DCF one hundred and twenty (120) calendar days’ notice of the State’s right to cure a failure of the State to perform under the terms of this Contract. Upon cancellation of this Contract for any reason, or upon Contract expiration, each party shall be released from all obligations to the other party arising after the date of cancellation or expiration, except for those that by their terms survive such cancellation or expiration.

  • ORDER CANCELLATION Users of this contract are advised that orders (all or part) cancelled or returned after acceptance of requested merchandise will be subject to a restocking fee of ten percent (10%) of the invoice amount (not to exceed $500.00 per order) plus return freight charges. The amount authorized for payment of return freight will, in no instance, be more than original delivery charges documented by carrier. These charges may be applied, at the option of the supplier, to those orders which have been accepted. Orders cancelled prior to shipment or acceptance by ordering entity from the manufacturer will not be assessed charges.

  • AGGREGATION OF ORDERS On occasions when the Adviser deems the purchase or sale of a security to be in the best interest of the Allocated Assets as well as other clients of the Adviser, the Adviser may to the extent permitted by applicable laws and regulations, but shall be under no obligation to, aggregate the orders for securities to be purchased or sold. In such event, allocation of the securities so purchased or sold, as well as the expenses incurred in the transaction, will be made by the Adviser in the manner the Adviser considers to be the most equitable and consistent with its fiduciary obligations to the Portfolio and to its other clients. The Manager recognizes that, in some cases, the Adviser’s allocation procedure may limit the size of the position that may be acquired or sold for the Allocated Assets.