Termination and Settlement. (a) Termination for Default: (1) Perfekta may, by written notice of default to Seller, immediately terminate the whole or any part of this Order if Seller fails to make delivery of the Goods or to perform the services required by this Order within the time specified herein or any extension thereof. If Seller fails to satisfy any of the other requirements of this Order, or so fails to make progress as to endanger performance of this Order in accordance with its terms and conditions, and does not cure such failure within a period of ten (10) calendar days (or such longer period as Perfekta may authorize in writing) after receipt of notice from Perfekta specifying such failure, then Perfekta may terminate the whole or part of this Order. (2) In the event Perfekta terminates this Order in whole or in part as provided in Subparagraph (1) above, Perfekta shall have no further obligation to Seller under the terminated portion of this Order, and Perfekta may procure, upon such terms and in such manner as Perfekta may deem appropriate, Goods or services similar to those so terminated, and Seller shall be liable to Perfekta for any excess costs.
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Sources: Purchase Order, Purchase Order