Common use of Cancellation of Orders Clause in Contracts

Cancellation of Orders. Except as otherwise may apply to initial provisioning, if Buyer cancels an Order, Bombardier, at its option, shall be entitled to recover actual damages, but not less than the following cancellation charges or more than the purchase price of the Spare Parts covered by the Order:

Appears in 4 contracts

Samples: Letter Agreement (Atlantic Coast Airlines Holdings Inc), Master Purchase Agreement (Skywest Inc), Purchase Agreement (Asa Holdings Inc)

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Cancellation of Orders. Except as otherwise may apply to initial provisioning, if Buyer cancels an Order, Bombardier, at its option, shall be entitled to recover actual recover, as liquidated damages, but not less than an amount based upon the following cancellation charges or more than the purchase price of the Spare Parts covered by the Orderparameters:

Appears in 1 contract

Samples: Letter Agreement (Pinnacle Airlines Corp)

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