RIGHTS OF CANCELLATION. 8.1. In addition to Our rights of termination under this Contract We may cancel the Purchase Order and any Purchase Order Amendment thereto at any time by sending You in writing a notice of termination. You will comply with any such instructions that We may issue with regard to the Contract. If You submit a termination claim then We will consider such claim and will pay to You the cost of any commitments, liabilities or expenditure which in Our reasonable opinion were a direct consequence of this contract at the time of termination. Our opinion will take due account of Your obligation to mitigate any of Your losses so arising. Our maximum liability so arising shall not exceed the Price. 8.2. If You fail to submit a termination claim within one (1) month of the date of Our notice of termination then We shall have no further liability under the Contract.
Appears in 1 contract
Sources: Framework Agreement
RIGHTS OF CANCELLATION. 8.1. In addition to Our rights of termination under this Contract We may cancel the Purchase Order and any Purchase Order Amendment thereto at any time by sending You in writing a notice of termination. You will comply with any such instructions that We may issue with regard to regarding the Contract. If You submit a termination claim then We will consider such claim and will pay to You the cost of any commitments, liabilities or expenditure which in Our reasonable opinion were a direct consequence of this contract at the time of termination. Our opinion will take due account of Your obligation to mitigate any of Your losses so arising. Our maximum liability so arising shall not exceed the Price.
8.2. If You fail to submit a termination claim within one (1) month of the date of Our notice of termination termination, then We shall have no further liability under the Contract.
Appears in 1 contract