Cancellation After Sample Clauses
The "Cancellation After" clause defines the conditions under which a contract or agreement may be cancelled after a certain event or period has occurred. Typically, this clause specifies the timeframe or triggering events that allow one or both parties to terminate the agreement, such as after a set number of days, upon delivery of goods, or following a missed payment. Its core practical function is to provide a clear mechanism for ending the contractual relationship after specific circumstances arise, thereby offering flexibility and reducing uncertainty for both parties.
Cancellation After. Process Start If Conexant cancels a Purchase Order Release (in whole or in part) after the date the processing of such Wafers has been started, then either, (i) if so instructed by Conexant, Company will not complete the cancelled Wafers and will deliver the incomplete Wafers to a location designated by Conexant, in which case the Wafers will not count against the Wafer Volume Commitment, and Conexant will pay the Pro-Rated Price, as defined below; or (ii) unless otherwise instructed pursuant to clause (i) of this Section, complete the cancelled Wafers and hold the resulting Wafers in finished goods inventory where they will be stored in accordance with Section 5.2 (Storage), in which case the Wafers will count against the Wafer Volume Commitment and Conexant will pay the applicable Price for completed Wafers. The “Pro-Rated Price” means the greater of (A) […***…] percent ([…***…] %) of the price that would have been paid for the completed Wafers (either the Contract Price, the Basic Price, or other applicable price, as the case may be) and (B) such applicable price for completed Wafers multiplied by the ratio obtained by dividing (i) the number of Moves completed with respect to the Lots for which the Purchase Order Release is cancelled as of the time the cancellation notice is received by Company by (ii) the total number of Moves that would have been required to process the Lots in question.
Cancellation After. 90 Days. After 90 days, all Customers can cancel Services according to the standard Cancellation Terms applicable to the specific type of Customer account and respective contract term as defined elsewhere in this Agreement.
Cancellation After. 30 DAYS. IF PRIOR TO OCCUPANCY, YOU CANCEL THIS AGREEMENT AFTER THIRTY (30) DAYS FROM THE DATE YOU ENTER INTO THIS AGREEMENT FOR ANY REASON OTHER THAN THE REASONS IDENTIFIED IN SECTION 2.3, THE ADMISSION FEE WHICH YOU HAVE PAID TO US WILL BE RETURNED TO YOU (WITHOUT INTEREST) WITHIN SIXTY (60) DAYS FOLLOWING OUR RECEIPT OF YOUR NOTICE OF CANCELLATION, EXCEPT THAT WE WILL RETAIN A PROCESSING FEE IN THE AMOUNT OF THREE HUNDRED DOLLARS ($300).
Cancellation After. Process Start If Skyworks cancels a Purchase Order Release (in whole or in part) after the date the processing of such Wafers has been started, then either, (i) if so instructed by Skyworks, Company will not complete the cancelled Wafers and will deliver the incomplete Wafers to a location designated by Skyworks, [...***...], and Skyworks will pay the [...***...], as defined below; or (ii) unless otherwise instructed pursuant to clause (i) of this Section, complete the cancelled Wafers and hold the resulting Wafers in finished goods inventory where they will be stored in accordance with Section 5.2 (Storage), [...***...] and Skyworks will pay the applicable Price for completed Wafers. [...***...]