Common use of Cancellation of PO Clause in Contracts

Cancellation of PO. In the event that the re-delivery of ACM-free replacement Goods will exceed the originally-agreed delivery date or, if it will directly impact upon the works schedule of the relevant Vessel, the Buyer may, at its sole discretion, terminate the PO in whole or just that part relating to the ACM-affected Goods at no cost to itself and engage another contractor to supply an ACM-free replacement. Supplier shall within seven (7) days of such notice, reimburse Buyer with the cost of the Goods and, on further notice, reimburse Buyer for any additional costs incurred by Buyer in engaging such other supplier for the replacement Goods, including any difference in the cost of such supply.

Appears in 5 contracts

Samples: General Purchasing Conditions, General Purchasing Conditions, General Purchasing Conditions

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