Common use of TERMINATION OF PURCHASE ORDERS Clause in Contracts

TERMINATION OF PURCHASE ORDERS. Either party will have the right to terminate a purchase order in the event the other party fails to cure a material breach with respect to the purchase order within thirty days after notice. Medtronic will have the right to terminate any purchase order for safety or regulatory reasons.

Appears in 2 contracts

Sources: Master Supply Agreement (Memry Corp), Master Supply Agreement (Memry Corp)

TERMINATION OF PURCHASE ORDERS. Either party will have the right to terminate a purchase order in the event the other party fails to cure a material breach with respect to the purchase order within thirty 30 days after notice. Medtronic will have the right to terminate any purchase order for safety or regulatory reasons.

Appears in 1 contract

Sources: Supply Agreement (Hytek Microsystems Inc)