Common use of Reschedules Clause in Contracts

Reschedules. CUSTOMER may reschedule all or part of a scheduled delivery one time per quarter (for a maximum of two quarters) for a period not to exceed forty-five (45) days. At the end of this forty-five day period, CUSTOMER shall either accept delivery of rescheduled finished units and/or pay BEMA’s Delivered Component Cost (BEMA’s quoted cost of Components as stated on the ▇▇▇▇ of materials plus a materials margin equal to 15%) associated with rescheduled units not yet built.

Appears in 2 contracts

Sources: Terms and Conditions of Sale, Terms and Conditions of Sale