Common use of Cancel of Purchase Order Clause in Contracts

Cancel of Purchase Order. If Customer cancels a purchase order within thirty (30) days prior to scheduled shipment date, Customer shall pay to Supplier a restocking fee of Twenty percent (20%) of the canceled purchase order. Supplier shall not assess any cancellation charges if Supplier cancels an order.

Appears in 6 contracts

Samples: Exclusive Supplier Agreement (Bemax, Inc.), Exclusive Supplier Agreement (Bemax, Inc.), Exclusive Supplier Agreement (Make Your Move Inc)

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