Adjustments to the Price. Any changes in Services or the quantities or nature of Goods will be calculated in accordance with the rates stated in the applicable Order; however, where no rates are specified, Buyer and Seller will in good faith negotiate and attempt to reach agreement on an equitable increase or reduction to the Price based on rates or other methods determined by the Parties. If no agreement is reached, Buyer will assess a reasonable adjustment to the Price. If Seller disputes the assessment, it may refer the Dispute to dispute resolution. In case of cancellation in whole of an Order in accordance with Clause 4.B(2)(a), Seller will, immediately upon being notified of the cancellation, refund any advance payment received from Buyer.
Appears in 2 contracts
Samples: Terms and Conditions of Purchase, Terms and Conditions of Purchase
Adjustments to the Price. Any changes in Services or the quantities or nature of Goods will be calculated in accordance with the rates stated in the applicable Order; however, where no rates are specified, Buyer and Seller will in good faith negotiate and attempt to reach agreement on an equitable increase or reduction to the Price based on rates or other methods determined by the Parties. If no agreement is reached, Buyer will assess a reasonable adjustment to the Price. If Seller disputes the assessment, it may refer the Dispute to dispute Dispute resolution. In case of cancellation in whole of an Order in accordance with Clause 4.B(2)(a), Seller will, immediately upon being notified of the cancellation, refund any advance payment received from Buyer.
Appears in 1 contract
Samples: Terms and Conditions of Purchase
Adjustments to the Price. Any changes in Services or the quantities or nature of Goods will be calculated in accordance with the rates stated in the applicable Order; however, where no rates are specified, Buyer and Seller will in good faith negotiate and attempt to reach agreement on an equitable increase or reduction to the Price based on rates or other methods determined by the Parties. If no agreement is reached, Buyer Xxxxx will assess a reasonable adjustment to the Price. If Seller disputes the assessment, it may refer the Dispute to dispute Dispute resolution. In case of cancellation in whole of an Order in accordance with Clause 4.B(2)(a), Seller will, immediately upon being notified of the cancellation, refund any advance payment received from Buyer.
Appears in 1 contract
Samples: Terms and Conditions of Purchase
Adjustments to the Price. Any changes in Services or the quantities or nature of Goods will be calculated in accordance with the rates stated in the applicable Order; however, where no rates are specified, Buyer and Seller will in good faith negotiate and attempt to reach agreement on an equitable increase or reduction to the Price based on rates or other methods determined by the Parties. If no agreement is reached, Buyer Xxxxx will assess a reasonable adjustment to the Price. If Seller disputes the assessment, it may refer the Dispute to dispute resolution. In case of cancellation in whole of an Order in accordance with Clause 4.B(2)(a), Seller will, immediately upon being notified of the cancellation, refund any advance payment received from Buyer.
Appears in 1 contract
Samples: Terms and Conditions of Purchase