Buyer’s Termination for Convenience Sample Clauses

Buyer’s Termination for Convenience a. The Buyer may terminate this Contract at any time by giving not less than 20 Business Days’ Notice to the Supplier.
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Buyer’s Termination for Convenience. During any renewal term of this Agreement, Buyer may, upon at least one hundred eighty (180) days' prior written notice to Seller, terminate this Agreement for Buyer's convenience; provided that such termination shall not affect any outstanding Purchase Orders.
Buyer’s Termination for Convenience. In addition to any other rights of Buyer to cancel or terminate this Agreement, subject to Section III.B. Buyer may terminate this Supply Agreement at any time and for any reason by giving sixty (60) days’ prior written notice to Seller. Notwithstanding such termination, unless otherwise agreed to by the Parties, Seller agrees to continue and complete performance on any open POs then pending or outstanding.
Buyer’s Termination for Convenience. Buyer may terminate for its convenience and without cause this Agreement and/or any purchase orders issued against this Agreement at any time in whole or part by delivering [***] written notice of termination to Seller. Seller may terminate for its convenience and without cause this Agreement and/or any purchase orders issued against this Agreement at any time in whole or part by delivering [***] written notice of termination to Seller. Seller shall make every reasonable effort to cancel all applicable purchase orders and reduce inventory through return for credit programs, allocating materials for alternate programs if applicable, reselling, and all other appropriate actions in order to mitigate charges associated with finished goods, work in process, and raw materials resulting from cancellation. Any costs that may be incurred to make such mitigation will be reviewed by the Buyer and approved by Buyer prior to any commitment by Seller to incur such costs. Buyer’s liability to Seller for any quantity of Excess Components and/or Obsolete Components procured by Seller pursuant to Section 4.3 shall be limited to Seller’s current quoted price plus material overhead as set forth in Attachment A. In no case, however, shall Buyer’s liability for termination of this Agreement or of any Purchase Orders pursuant to Section 8.3 of this Agreement exceed the following:
Buyer’s Termination for Convenience. Buyer may terminate all or any part of this Order immediately at any time for its convenience by delivering written notice to Seller (“Termination for Convenience”). Upon Termination for Convenience, Buyer shall have no liability whatsoever to Seller except as expressly set forth in this Section. Upon Termination for Convenience, Buyer shall pay to Seller the following amounts without duplication: (a) the agreed Price or actual cost of Products or Services which have been completed pursuant to firm releases in accordance with this Order prior to Buyer‟s notice of Termination for Convenience and not previously paid for, and (b) the actual, documented costs of work-in-process and raw materials incurred by Seller consistent with Buyer‟s releases prior to Buyer‟s notice of Termination for Convenience in a good faith and commercially reasonable effort to provide the Products or Services subject to this Order to the extent such costs are reasonable in amount and are allocable or apportion able under generally accepted accounting principles to the terminated portion of this Order, less, however, the reasonable value or cost (whichever is higher) of any Products or materials used or sold by Seller with Buyer‟s written consent, and the costs of any damaged or destroyed Products or material. Buyer will make no payment for finished Products, work-in- process, or raw materials fabricated or procured by Seller in amounts in excess of those authorized in Buyer‟s firm delivery releases nor for any undelivered Products which are in Seller‟s standard stock or which are readily marketable. Payments made under this paragraph shall not exceed the aggregate purchase price payable by Buyer for finished Products which would be produced by Seller under those buyer delivery or release schedules outstanding at the date of the notice of Buyer‟s Termination of Convenience. Buyer shall not be liable for and shall not be
Buyer’s Termination for Convenience. In addition to any other rights of Buyer to terminate the Contract, Buyer may terminate all or any part of the Contract at any time and for any reason by giving thirty (30) days’ written notice to Seller. Seller may not terminate at its option. Upon receipt of such notice, Seller will immediately stop work on the Contract or the terminated portion thereof and notify any subcontractors to stop work. In the event of termination under this Section 10.2, Buyer will pay Seller for:

Related to Buyer’s Termination for Convenience

  • Termination for Convenience TIPS may, by written notice to Vendor, terminate this Agreement for convenience, in whole or in part, at any time by giving thirty (30) days’ written notice to Vendor of such termination, and specifying the effective date thereof.

  • Termination by Notice Notwithstanding any provision of this Agreement, it may be terminated at any time without penalty, by the Trustees of the Trust or, with respect to any series or class of the Trust's shares, by the vote of the majority of the outstanding voting securities of such series or class, or by MM-LLC, upon thirty days written notice to the other party.

  • Termination by Owner The Owner may terminate this Agreement in whole or in part, for the failure of the Consultant to:

  • Termination by Contractor Contractor may, at its option, terminate this Contract upon the failure of MPS to pay any amount, which may become due hereunder for a period of sixty (60) days following submission of appropriate billing and supporting documentation. Upon said termination, Contractor shall be paid the compensation due for all services rendered through the date of termination including any retainage.

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